Finance

Finance

#insurers-capital rule
Regulator delays tougher capital rules for insurers
SEOUL, Oct. 10 (Yonhap) -- South Korea's financial regulator said Thursday it has decided to delay a plan to bolster capital rules on insurance firms, in line with a one-year delay of implementing ... 14:14 Oct. 10
#regulator-internet bank
Regulator vows initial approval for new internet bank by year-end
SEOUL, Oct. 10 (Yonhap) -- South Korea will spare no efforts to grant a preliminary approval for a new internet-only bank by the end of this year, in a fresh bid to promote growth in the banking sec... 12:36 Oct. 10
#lender
No. of profit-making private lenders nearly doubles in 5 yrs: NTS
SEOUL, Oct. 9 (Yonhap) -- The number of private lenders that make profit and the combined amount of their profit jumped significantly over the past five years, a government report showed Wednesday,... 09:38 Oct. 09
#BOK chief
(2nd LD) BOK chief says economic slump may last but depends on U.S.-China dispute
(ATTN: ADDS more remarks by BOK chief in paras 10-12) SEOUL, Oct. 8 (Yonhap) -- The ongoing slump facing South Korea and the rest of the world is widely expected to continue for some time, but the ... 20:12 Oct. 08
#Treasury bond
Treasury bond market buttresses S. Korean economy: finance minister
SEJONG, Oct. 8 (Yonhap) -- South Korea's finance minister said Tuesday that the country's Treasury bond market is buttressing Asia's fourth-largest economy, despite difficult external uncertainties... 16:54 Oct. 08
S. Korean Bond Yields on Oct. 8, 2019
Today (%) Previous Session(%) Change (BP) 1-year TB 1.267 1.259 +0.8 3-year TB 1.264 1.232 +3.2 10-year TB 1.429 ... 16:26 Oct. 08
#BOK chief
(LEAD) BOK chief says economic slump may last but depends on U.S.-China dispute
(ATTN: UPDATES with additional remarks from BOK chief Lee in paras 7-9, 13-14; ADDS photo) SEOUL, Oct. 8 (Yonhap) -- The ongoing slump facing South Korea and the rest of the world is widely expecte... 14:08 Oct. 08
#derivatives-supervision
Regulator vows stern measures over improper sales of rates-tied derivatives
SEOUL, Oct. 8 (Yonhap) -- The head of the financial watchdog on Tuesday vowed stern punishment for financial firms responsible for improperly selling derivatives linked to overseas interest rates t... 11:04 Oct. 08
#insurers-premium income
Insurers to log flat premium income growth next year
SEOUL, Oct. 8 (Yonhap) -- South Korean insurance firms are expected to report nearly flat growth in their premium income for next year, as the insurance industry is grappling with a slowing economy... 10:28 Oct. 08
Foreigners remain net buyers of S. Korean bonds, stocks
By Byun Duk-kun SEOUL, Oct. 8 (Yonhap) -- Foreign investors continued to scoop up local shares and bonds in the first seven months of the year, the central bank said Tuesday, possibly reflecting th... 10:00 Oct. 08
#marginal firms
More than 1 in 10 S. Korean companies remain marginal in 2018: BOK
SEOUL, Oct. 8 (Yonhap) -- The number of companies unable to service their debts with earnings rose from a year earlier in 2018, posing a threat to the country's financial and economic stability, ce... 10:00 Oct. 08
#BOK
Nearly 300,000 households present 'high risk' of default: BOK
By Byun Duk-kun SEOUL, Oct. 8 (Yonhap) -- Nearly three out of every 100 households in South Korea may be unable to repay their debt in case of a sudden change to their income or the value of their ... 10:00 Oct. 08
#BOK chief
BOK chief says economic slump may last but depends on U.S.-China dispute
SEOUL, Oct. 8 (Yonhap) -- The ongoing slump facing South Korea and the rest of the world is widely expected to continue for some time, but the duration and degree of its impact will largely depend ... 10:00 Oct. 08
#KEB Hana Bank-online bank
KEB Hana Bank pulls out from internet-only bank consortium: source
SEOUL, Oct. 8 (Yonhap) -- KEB Hana Bank, a major South Korean commercial bank, has withdrawn from a consortium led by brokerage Kiwoom Securities that is expected to submit a bid for a license to s... 09:56 Oct. 08
S. Korean Bond Yields on Oct. 7, 2019
Today (%) Previous Session(%) Change (BP) 1-year TB 1.259 1.243 +1.6 3-year TB 1.232 1.210 +2.2 10-year TB 1.386 ... 16:36 Oct. 07
#individuals-investment returns
Retail investors' top picks suffer losses in Q3
SEOUL, Oct. 6 (Yonhap) -- The top 10 stocks most favored by retail investors suffered some 18 percent losses during the third quarter of the year, while foreign investors enjoyed decent gains from ... 14:52 Oct. 06
#finance official-US meeting
S. Korea explains key economic policies to U.S., IMF
SEOUL, Oct. 6 (Yonhap) -- South Korea has explained its economic policies to the United States and the International Monetary Fund, the finance ministry said Sunday. In a meeting with U.S. Depu... 14:06 Oct. 06
#bond funds
Bond funds suffer massive cash outflows amid stock rally, asset rebalancing
SEOUL, Oct. 6 (Yonhap) -- Bond funds suffered a massive cash outflow in the past month due to a bull run on the local stock market and investors' rebalancing of their assets, industry data showed S... 10:27 Oct. 06
#KORIBOR-rates
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Oct. 4 (Yonhap) -- The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. Term T... 11:00 Oct. 04
(EDITORIAL from Korea Times on Oct. 4)
Investment fund fiasco : Sellers should be punished sternly for 'fraudulent' cases Some banks and brokerage houses cannot avoid harsh punishment for their "fraudulent" sales of a high-risk financ... 07:15 Oct. 04