Finance

Finance

#fx reserve
S. Korea's foreign reserve up in Sept.
SEOUL, Oct. 4 (Yonhap) -- South Korea's foreign currency reserve slightly rose last month, due in part to an increase in investment returns, central bank data showed Friday. The country's foreig... 06:00 Oct. 04
#KORIBOR-rates
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Oct. 2 (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. 02
Household loans extended by 5 major banks near 600 tln won
SEOUL, Oct. 2 (Yonhap) -- Household loans extended by five major lenders here have been growing at a steady pace, nearing a record high of 600 trillion won (US$499 billion) for the first time in hi... 09:24 Oct. 02
#derivatives-supervision
(LEAD) Hundreds of suspected cases discovered of improperly sold rates-tied derivatives: regulator
(ATTN: REVISES headline; ADDS remarks in paras 5-7) By Kim Deok-hyun SEOUL, Oct. 1 (Yonhap) -- South Korea's financial regulator said Tuesday it has discovered 790 suspected cases of improper sales... 14:18 Oct. 01
#derivatives-supervision
Regulator finds 790 suspected cases of improper sales in rate-tied derivatives
By Kim Deok-hyun SEOUL, Oct. 1 (Yonhap) -- South Korea's financial regulator said Tuesday it has discovered 790 suspected cases of improper sales of derivatives linked to overseas interest rates tha... 12:00 Oct. 01
#KORIBOR-rates
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Oct. 1 (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... 11:01 Oct. 01
#BOK
BOK net sells $3.8 bln in market stabilization efforts in H1
By Byun Duk-kun SEOUL, Sept. 30 (Yonhap) -- South Korea's central bank said Monday that it net sold US$3.8 billion in the first six months of the year to smooth out volatility on the local foreign ... 16:43 Sep. 30
#financial holding firms
Financial holding firms see profit rise 21 pct in H1
SEOUL, Sept. 30 (Yonhap) -- South Korea's 10 financial holding firms saw their combined net profit climb 21.2 percent on-year in the first half, helped by solid gains in interest income, data showe... 12:00 Sep. 30
#KORIBOR-rates
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Sept. 30 (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 ... 11:00 Sep. 30
#BOK
BOK chief hints at further cut growth outlook
By Byun Duk-kun SEOUL, Sept. 29 (Yonhap) -- The head of South Korea's central bank has painted a dark picture for the Korean economy by noting the local economy may yet again grow at a slower pace ... 12:00 Sep. 29
#Allianz-wealth report
S. Korea ranks 20th in Allianz wealth report
SEOUL, Sept. 29 (Yonhap) -- South Korea ranked 20th out of 53 countries surveyed by German insurer Allianz Group in terms of per capita financial assets last year, according to its report on Sunday... 07:33 Sep. 29
#Woori Bank-US lawsuit
U.S. court dismisses 8-bln euro lawsuit against Woori Bank
SEOUL, Sept. 27 (Yonhap) -- A court in New York dismissed an 8-billion euro (US$8.7 billion) lawsuit by AJ Energy LLC against South Korea's Woori Bank over an alleged failure in bank transfer, the ... 16:15 Sep. 27
#KORIBOR-rates
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Sept. 27 (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 ... 11:01 Sep. 27
#Treasurys-Oct sales
S. Korea to sell 6.1 tln won in state bonds in October
SEOUL, Sept. 26 (Yonhap) -- South Korea plans to sell 6.1 trillion won (US$5 billion) in state bonds next month, the finance ministry said Thursday. The government will issue 1.2 trillion won in... 17:03 Sep. 26
#BOK
(News Focus) BOK faces quandary over call for rate cut
By Byun Duk-kun SEOUL, Sept. 26 (Yonhap) -- The Bank of Korea (BOK) will again face a tough call next month on whether it should slash the policy rate to support the country's sagging economy, but ... 13:38 Sep. 26
#lending rates
Banks' lending rates dip to record low in Aug.
By Byun Duk-kun SEOUL, Sept. 26 (Yonhap) -- Lending rates on fresh bank loans dropped to new lows in August, central bank data showed Thursday, hinting at a further increase in the country's alread... 12:00 Sep. 26
#BOK
(LEAD) Korea's financial stability slightly worsens amid economic slowdown: BOK
(ATTN: UPDATES with remarks from a BOK official in paras 6-8; ADDS photo) By Byun Duk-kun SEOUL, Sept. 26 (Yonhap) -- South Korea's financial stability worsened slightly in August due to a rise in ... 11:18 Sep. 26
#BOK
Korea's financial stability slightly worsens amid economic slowdown: BOK
By Byun Duk-kun SEOUL, Sept. 26 (Yonhap) -- South Korea's financial stability worsened slightly in August due to a rise in household and corporate debt in the face of an economic slowdown, a centra... 11:00 Sep. 26
#Woori Bank-debt sale
Woori Bank floats $550 mln in hybrids
SEOUL, Sept. 26 (Yonhap) -- Woori Bank, a major South Korean lender, said Thursday it has issued US$550 million worth of hybrid securities to bolster its capital base. The hybrid bonds have a co... 10:12 Sep. 26
#banks-interest income
6 banks earn 21 tln won in interest income in H1
SEOUL, Sept. 26 (Yonhap) -- Six commercial banks in South Korea earned 21 trillion won (US$17.5 billion) in interest income in the first half of this year, marking the biggest half-year income sinc... 09:27 Sep. 26