Finance

Finance

#bank deposits
With low interest rates and nowhere to invest, more opt to simply hold money related article
SEOUL, July 2 (Yonhap) -- Major banks in South Korea saw their time deposits decline from a month earlier in June, while their money market deposits jumped sharply, apparently suggesting more peopl... 09:08 Jul. 02
#derivatives securities
Sales of derivative-tied securities edge up in Q1 related article
SEOUL, July 1 (Yonhap) -- South Korea's sales of derivative-linked securities edged up in the first quarter of this year from a year earlier, data showed Wednesday. The combined value of equity-li... 12:00 Jul. 01
#fund scandal
Banks told to fully return investment principal to consumers over misselling scandal related article
SEOUL, July 1 (Yonhap) -- A committee of South Korea's financial regulator said Wednesday that banks and brokerages are advised to fully return the principal of investments to consumers over missol... 11:12 Jul. 01
#insurers
S. Korean insurers' financial health worsens in Q1
SEOUL, July 1 (Yonhap) -- South Korean insurance companies saw their financial health worsen slightly in the first quarter as share price falls eroded capital, data showed Wednesday. The risk-ba... 09:30 Jul. 01
#BOK
BOK net sells US$5.85 bln in market smoothing operations in Q1 related article
By Byun Duk-kun SEOUL, June 30 (Yonhap) -- South Korea's central bank said Tuesday that it net sold nearly US$6 billion in the first quarter to help ease fluctuations in the local currency market p... 16:34 Jun. 30
#interest rates
Banks' lending rates up in May related article
SEOUL, June 30 (Yonhap) -- Lending rates on fresh bank loans rose slightly from a month earlier in May amid a sharp increase in corporate lending, while interest rates paid by banks on fresh deposi... 12:00 Jun. 30
#FX market
(LEAD) BOK, finance ministry to purchase FX bonds in market stabilization efforts related article
(ATTN: UPDATES with more details, additional background; RESTRUCTURES; ADDS photo) By Byun Duk-kun SEOUL, June 30 (Yonhap) -- The Bank of Korea (BOK) and the country's financial authorities are mov... 11:17 Jun. 30
#FX market
BOK, finance ministry to purchase FX repo bonds in market stabilization efforts related article
SEOUL, June 30 (Yonhap) -- The Bank of Korea (BOK) and the country's financial authorities are moving to purchase foreign currency-denominated bonds in their latest effort to help stabilize the loc... 10:47 Jun. 30