SEOUL, Feb. 17 (Yonhap) -- Major asset management companies in South Korea saw their earnings soar more than 40 percent in 2020 amid a bullish stock market, data showed Wednesday.
The combined n...
08:11 Feb. 17
(ATTN: RECASTS headline, lead; UPDATES with more details throughout; ADDS photo)
SEOUL, Feb. 16 (Yonhap) -- South Korea's finance minister said Tuesday the government is considering expanding the s...
17:24 Feb. 16
(ATTN: UPDATES with more details in last 2 paras)
SEOUL, Feb. 16 (Yonhap) -- South Korea's finance minister said Tuesday the government is seeking to submit an extra budget bill in early March in a...
16:14 Feb. 16
SEOUL, Feb. 16 (Yonhap) -- South Korea's finance minister said Tuesday the government is seeking to submit an extra budget bill in early March in a bid to provide targeted support to merchants and ...
14:46 Feb. 16
SEOUL, Feb. 16 (Yonhap) -- NH Financial Group Inc., a major South Korean banking group, said Tuesday its earnings edged down in 2020 from a year earlier due to increased loan-loss reserves.
Net ...
14:24 Feb. 16
SEOUL, Feb. 16 (Yonhap) -- Bond yields in South Korea are climbing at a fast pace on hopes of an economic recovery and more stimulus measures in major economies, analysts said Tuesday.
The final...
08:31 Feb. 16
(ATTN: UPDATES with more details from para 3; ADDS photo)
By Kim Soo-yeon
SEOUL, Feb. 15 (Yonhap) -- South Korea's exports jumped 69.1 percent on-year in the first 10 days of February on strong shi...
09:16 Feb. 15
SEOUL, Feb. 15 (Yonhap) -- South Korea's exports jumped 69.1 percent on-year in the first 10 days of February on strong shipments of chips and autos amid the pandemic, customs data showed Monday.
...
08:57 Feb. 15
SEOUL, Feb. 13 (Yonhap) -- South Korea's four major commercial banks appear likely to maintain their creditworthiness this year due to adequate capitalization and resilient asset quality, according...
07:35 Feb. 13
SEOUL, Feb. 10 (Yonhap) -- The issuance of high-risk derivatives-linked securities (DLS) in South Korea plunged 31 percent in the first half of 2020 amid the fallout from a misselling scandal, data...
08:17 Feb. 10
(ATTN: UPDATES with more details in paras 3-5)
SEOUL, Feb. 9 (Yonhap) -- South Korea's tax revenue fell 7.9 trillion won (US$7.1 billion) in 2020 from a year earlier as corporate tax earnings declin...
14:45 Feb. 09
SEOUL, Feb. 9 (Yonhap) -- South Korea's tax revenue fell 7.9 trillion won (US$7.1 billion) in 2020 from a year earlier as corporate tax earnings declined amid the pandemic, the finance ministry said...
14:08 Feb. 09
SEOUL, Feb. 7 (Yonhap) -- South Korea's domestic demand is faltering amid a flare-up in new coronavirus cases, but the country's improving exports have partially buffered an economic slowdown, a st...
12:00 Feb. 07
SEOUL, Feb. 4 (Yonhap) -- The state-run Export-Import Bank of Korea (Korea Eximbank) said Thursday that it has issued global bonds worth US$1.5 billion to overseas investors.
The three-tranche d...
14:34 Feb. 04
SEOUL, Feb. 3 (Yonhap) -- South Korea's financial regulator on Wednesday sent top executives of two commercial banks prior notices of severe disciplinary actions over missold funds of Lime Asset Ma...
23:45 Feb. 03
(ATTN: UPDATES with more info in paras 2, 8-11)
SEOUL, Feb. 2 (Yonhap) -- The finance ministry on Tuesday launched a review over how to draw up a fourth round of emergency handouts designed to help...
15:31 Feb. 02
SEOUL, Feb. 2 (Yonhap) -- The finance ministry on Tuesday launched a review over how to draw up a fourth round of emergency handouts designed to help people cope with economic slumps caused by the ...
14:20 Feb. 02
SEJONG, Feb. 2 (Yonhap) -- Hyundai Capital Services Inc., South Korea's leading auto finance company, said Tuesday that its has issued global green bonds worth US$600 million.
The five-year bond...
14:09 Feb. 02
SEOUL, Feb. 2 (Yonhap) -- South Korea will closely monitor a potential increase in market volatility as investors' herd behavior, illustrated in the U.S. GameStop case, could frequently occur, the ...
11:09 Feb. 02
(ATTN: UPDATES with more details in paras 9-14, 18)
By Kim Soo-yeon
SEOUL, Feb. 2 (Yonhap) -- South Korea's consumer prices grew by less than 1 percent for the fourth straight month in January, dat...
10:09 Feb. 02