Finance

Finance

#non-life insurers
Non-life insurers' Q3 net dips on higher loss ratio
SEOUL, Nov. 19 (Yonhap) -- South Korea's non-life insurers suffered a near 28 percent tumble in third-quarter earnings due to a rise in their loss ratio, data showed Tuesday. The combined net pr... 09:07 Nov. 19
#top biz groups-Q3 earnings
Top 10 biz groups suffer sharp fall in Q3 earnings
SEOUL, Nov. 18 (Yonhap) -- South Korea's major conglomerates suffered a sharp drop in their third-quarter bottom lines amid a slowdown at home and abroad, highlighted by an average sink of 75 perce... 16:48 Nov. 18
#BOK chief
BOK chief calls for bank's preemptive, practical changes
SEOUL, Nov. 18 (Yonhap) -- The head of South Korea's central bank called for preemptive measures Monday to actively prepare the bank for future changes, but insisted such measures must be practical... 15:04 Nov. 18
#policy rate
Korea's 'real' policy rate one of highest among OECD countries: data
SEOUL, Nov. 18 (Yonhap) -- South Korea's actual key rate, based on inflation, may be one of the highest among its international peers, related data showed Monday, possibly indicating the country ma... 09:51 Nov. 18
#finance minister-growth outlook
S. Korea may fall short of potential growth rate next year: finance minister
SEOUL, Nov. 15 (Yonhap) -- South Korea is likely to fall short of its potential growth rate next year, the country's finance minister said Friday. The Bank of Korea has put the nation's potentia... 19:50 Nov. 15
#insurance regulation-global cooperation
S. Korea formally joins int'l council on insurance regulation
SEOUL, Nov. 14 (Yonhap) -- South Korea formally gained full membership to an international council tasked with cross-border regulation of insurance markets, the nation's financial regulators said T... 17:30 Nov. 14
Korea Exchange holds promotional sessions to woo European firms for Korean listing
By Chung Joo-won SEOUL, Nov. 14 (Yonhap) -- The Korea Exchange (KRX), South Korea's bourse operator, said Thursday that it has hosted a series of sessions to woo Europe-based companies to tap the K... 14:18 Nov. 14
#DLS
Sales of high-risk DLS dip 37 pct in Q3
SEOUL, Nov. 14 (Yonhap) -- The issuance of high-risk derivatives-linked securities (DLS) in South Korea nose-dived in the third quarter of the year amid a mis-selling scandal, data showed Thursday.... 09:39 Nov. 14
#banks-Q3 earnings
Banks' Q3 profits fall 7.4 pct on loan-loss provisions
SEOUL, Nov. 14 (Yonhap) -- South Korean banks reported a 7.4-percent decline in their combined net profit for the third quarter, hit by a jump in loan-loss provisions, data showed Thursday. The... 06:00 Nov. 14
#private fund
Net asset value of private funds tops 400 tln won in Oct.
SEOUL, Nov. 13 (Yonhap) -- Private funds in South Korea saw their net assets exceed the 400 trillion-won (US$343 billion) mark for the first time in October on brisk demand, an industry tracker sai... 15:06 Nov. 13
#BOK
S. Korea's key rate in new territory but not in trouble: BOK board member
SEOUL, Nov. 13 (Yonhap) -- The gap between South Korea's policy rate and that of the United States may have placed South Korea in unexplored territory, but the rate gap has yet to cause any serious... 15:00 Nov. 13
Korea's money supply growth slows in Sept.
SEOUL, Nov. 13 (Yonhap) -- South Korea's money supply growth slowed in September from a month earlier but quickened on a yearly basis on a rise in funds held by both households and companies here, ... 12:00 Nov. 13
#MMF
(LEAD) MMFs log net inflow amid ample liquidity
(ATTN: UPDATES with figures in six sessions to Friday) SEOUL, Nov. 12 (Yonhap) -- South Korean money market funds (MMFs) posted a net inflow of some 6 trillion won (US$5.2 billion) early this month... 14:43 Nov. 12
#household debt
Household debt growth accelerates in Oct.
SEOUL, Nov. 12 (Yonhap) -- Household debt growth in South Korea quickened its pace in October from a month earlier, with corporate loan growth also gaining speed, central bank data showed Tuesday. ... 12:00 Nov. 12
#foreign investors
Foreigners net sell Korean stocks, bonds in Oct.
SEOUL, Nov. 12 (Yonhap) -- Foreign investors curtailed their holdings of South Korean stocks last month while also reducing the amount of their money invested in local bonds for the first time in t... 12:00 Nov. 12
#economy
Investors' risky appetite growing amid favorable conditions
SEOUL, Nov. 12 (Yonhap) -- South Korean investors' appetite for risky assets is increasingly tipped to grow, with loans to buy stocks and cash inflows into stock funds rising amid improved market c... 11:34 Nov. 12
#KEB Hana Bank-Vietnam bank
KEB Hana emerges as No. 2 shareholder of Vietnamese bank
SEOUL, Nov. 12 (Yonhap) -- KEB Hana Bank, a major South Korean lender, said Tuesday it has become the second-largest shareholder of a Vietnamese bank after completing the purchase of a 15 percent s... 11:07 Nov. 12
Green bond issues more than double this year
SEOUL, Nov. 12 (Yonhap) -- Green bond issues in South Korea more than doubled this year as energy and chemical firms sought to capitalize on low costs and burnish their corporate image, industry so... 09:47 Nov. 12
#MMF
MMFs log net inflow amid ample liquidity
SEOUL, Nov. 12 (Yonhap) -- South Korean money market funds (MMFs) posted a net inflow of more than 5 trillion won (US$4.3 billion) early this month amid ample market liquidity following last month'... 09:16 Nov. 12
Growth of household debt slows in H1: BOK
SEOUL, Nov. 11 (Yonhap) -- Overall debt owed by South Korean households continued to rise at a steady pace in the first half, but the rate of increase slowed significantly from a year earlier amid ... 12:00 Nov. 11