#FX market
Finance
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#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 -
State pension fund launches 2.8 tln won joint venture with Allianz for overseas property investment related article
SEOUL, June 29 (Yonhap) -- South Korea's National Pension Service (NPS) said Monday that it has set up a 2.8 trillion won (US$2.3 billion) joint venture with global asset manager Allianz to invest ... 11:19 Jun. 29 -
#corporate direct financingCorporate direct financing up 40 pct in May
SEOUL, June 29 (Yonhap) -- South Korean companies' stock and bond sales rose 40.1 percent in May from a month earlier, due mainly to a hike in sales of corporate debt, data showed Monday. Local ... 06:00 Jun. 29 -
Regulator further cuts maximum interest rate on loans by illegal lenders
SEOUL, June 28 (Yonhap) -- South Korean financial authorities on Sunday said that illegal money lenders cannot impose annual interest rates of more than 6 percent, in a move to protect consumers in... 14:37 Jun. 28 -
#banking regulationsS. Korea to implement new global bank capital rules this month
SEOUL, June 28 (Yonhap) -- South Korea will begin to implement new global bank capital rules this month, the country's financial regulator said Sunday, a move that could boost capital adequacy rati... 12:00 Jun. 28 -
#BOKS. Korea's inflation likely to keep slow pace in post-coronavirus era: BOK related article
SEOUL, June 25 (Yonhap) -- South Korea's inflation will likely rise at a lower rate even if the new coronavirus pandemic ends, due to a slowdown in economic growth and changes in how people spend o... 15:00 Jun. 25 -
#South KoreaKorea becomes more trade-dependent in 2018: BOK related article
SEOUL, June 24 (Yonhap) -- South Korea's economy continued to become more trade-dependent in 2018, with imports accounting for more than 14 percent of overall supplies here, a central bank report s... 12:00 Jun. 24 -
#financial stabilityS. Korea's financial market stable but to face more problems: BOK related article
SEOUL, June 24 (Yonhap) -- South Korea's financial market will continue to be stabilized, but the economic fallout from the new coronavirus pandemic may increasingly become more serious and real do... 11:00 Jun. 24 -
#overseas financial assetsU.S. was largest destination for S. Korean investment in 2019: BOK related article
SEOUL, June 23 (Yonhap) -- The United States continued to remain the largest destination for South Korea's overseas financial investment last year, accounting for nearly one-third of the country's ... 12:00 Jun. 23 -
#banksFinancial institutions' social contributions hit record high of over 1 tln won in 2019
SEOUL, June 23 (Yonhap) -- Banks and other financial institutions' social contributions hit a record high in 2019, industry data showed Tuesday. The data released by the Korea Federation of Bank... 09:15 Jun. 23 -
#Woori FinancialGov't to resume sale process of Woori Financial in H2
SEOUL, June 22 (Yonhap) -- The South Korean government said Tuesday it will seek to sell its 17.25-percent stake in Woori Financial Holdings Co. in the second half of this year, depending on financ... 21:26 Jun. 22 -
#corporate debtFirms' debt dependency surges in Q1 amid coronavirus-triggered slump related article
SEOUL, June 22 (Yonhap) -- South Korean businesses struggled to stay afloat amid new coronavirus-caused slump in the first quarter, either by borrowing more money or selling their assets to secure ... 11:28 Jun. 22 -
#household debtS. Korea's household debt grew at alarming clip last year: BIS data
SEOUL, June 21 (Yonhap) -- South Korea's household debt to the gross domestic product grew at the fastest pace among 43 countries in the world last year, leading the country's overall private-secto... 13:37 Jun. 21 -
#current accountS. Korea's current account surplus with U.S., China narrows in 2019 related article
SEOUL, June 19 (Yonhap) -- South Korea's current account surplus with the United States and China sharply narrowed in 2019 from a year earlier amid a prolonged trade dispute between the world's lar... 12:00 Jun. 19 -
#SsangYongSupport possible but SsangYong not subject to gov't support fund: KDB
SEOUL, June 17 (Yonhap) -- SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra, is not qualified for special support under a newly established government fund, South K... 18:28 Jun. 17 -
#BOKBOK minutes suggest additional rate cut may be in offing related article
By Byun Duk-kun SEOUL, June 16 (Yonhap) -- The Bank of Korea (BOK) may be left with no choice but to further push down its policy rate to yet another record low should the pandemic-sparked economic... 17:06 Jun. 16 -
#corporate earningsS. Korean companies' sales, profitability narrow in Q1 amid pandemic related article
SEOUL, June 16 (Yonhap) -- South Korean businesses' sales and profitability worsened in the first quarter from three months earlier, central bank data showed Tuesday, amid slowing demand at home an... 12:00 Jun. 16 -
#foreign deposits
FX deposits hit 26-month high in May amid pandemic-caused uncertainties related article
SEOUL, June 16 (Yonhap) -- Foreign currency deposits at banks in South Korea surged to the highest amount in over two years last month, central bank data showed Tuesday, amid pandemic-triggered unc... 12:00 Jun. 16 -
#loan delinquencyBanks' loan delinquency rate up in April related article
SEOUL, June 16 (Yonhap) -- The delinquency rate for South Korean banks' won-denominated loans edged up in April from a month earlier, data showed Tuesday. The rate for bank loans more than 30 da... 06:00 Jun. 16
News Focus
Market
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1 
BOK's rate cut in the offing, but 'when' still being debated
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2 
BOK again faces rate cut pressure on new coronavirus risk
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3 
BOK to keep policy rate steady amid signs of recovery
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4 
Wealth management service increasingly popular in S. Korea
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5 
BOK tipped to continue monetary easing, at least another rate cut in offing
