Finance

Finance

#Fair Trade Commission
(LEAD) 4 foreign banks fined 693 mln won for price-fixing of FX derivatives
(ATTN: UPDATES with reactions by banks) SEJONG, Jan. 20 (Yonhap) -- South Korea's antitrust watchdog said Sunday that it has fined four foreign banks 693 million won (US$618,000) for fixing the pri... 13:36 Jan. 20
#Fair Trade Commission
4 foreign banks fined 693 mln won for price-fixing of FX derivatives
SEJONG, Jan. 20 (Yonhap) -- South Korea's antitrust watchdog said Sunday that it has fined four foreign banks 693 million won (US$618,000) for fixing the prices of foreign exchange derivatives and ... 12:00 Jan. 20
S. Korean Bond Yields on Jan. 18, 2019.
Today (%) Previous Session(%) Change (BP) 1-year TB 1.731 1.722 +0.9 3-year TB 1.814 1.795 +1.9 10... 16:40 Jan. 18
#global ranking
S. Korea ranks 13th globally in net fund assets in Q3
SEOUL, Jan. 18 (Yonhap) -- South Korea had the 13th-highest net assets of fund products in the world in the third quarter of last year, with the total global amount inching up, market data showed F... 16:37 Jan. 18
#ELS
ELS issuance hits all-time high in 2018: data
SEOUL, Jan. 18 (Yonhap) -- South Korea's issuance of equity-linked securities (ELS) soared to a new yearly high in 2018, market data showed Friday. The issuance of ELS products amounted to 86.62... 11:50 Jan. 18
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Jan. 18 (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 Jan. 18
#bank outlook
(Yonhap Feature) Headwinds pick up for Korean banking sector in 2019
By Kim Deok-hyun SEOUL, Jan. 18 (Yonhap) -- South Korea's banking industry is poised for a moderate decline in profits in 2019 amid slowing economic growth and tighter credit conditions. The p... 09:00 Jan. 18
#demand deposit
Growth of demand deposits hits 8-year low in Q3
SEOUL, Jan. 18 (Yonhap) -- Demand deposits in South Korean banks grew at the slowest pace in eight years in the third quarter of 2018 amid rising interest rates, central bank data showed Friday. ... 08:36 Jan. 18
#bond yields
S. Korean Bond Yields on Jan. 17, 2019.
Today (%) Previous Session(%) Change (BP) 1-year TB 1.722 1.722 -- 3-year TB 1.795 1.803 -0.8 10-year TB 1.976 ... 16:32 Jan. 17
#Standard Chartered Bank
SC Bank Korea gets 100 bln-won investment from parent firm
SEOUL, Jan. 17 (Yonhap) -- Standard Chartered Bank Korea said Thursday it has secured investment worth 100 billion won (US$89.14 million) from its parent company for the first time in 11 years. ... 15:20 Jan. 17
#debt workout
Credit delinquents can begin debt workout schemes without losing homes
SEOUL, Jan. 17 (Yonhap) -- Credit delinquents are allowed to start a debt workout scheme without losing their homes, in a move to better support their repayment plans, officials said Thursday. ... 15:00 Jan. 17
#KORIBOR
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Jan. 17 (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 ... 11:08 Jan. 17
#state pension
State pension fund to diversify investments
SEOUL, Jan. 17 (Yonhap) -- South Korea's state pension fund will diversify its investment portfolio this year in an effort to boost returns, its operator said Thursday. The National Pension Serv... 09:20 Jan. 17
#bond yields
S. Korean Bond Yields on Jan. 16, 2019.
Today (%) Previous Session(%) Change (BP) 1-year TB 1.722 1.721 +0.1 3-year TB 1.803 1.797 +0.6 10-year TB 1.982... 16:30 Jan. 16
#FSC
Regulator to ease rule for wealth management startups offering robo-advisors
SEOUL, Jan. 16 (Yonhap) -- The financial regulator said Wednesday it will soften a rule to allow wealth management startups to offer computerized management tools, or robo-advisors. The deregula... 12:00 Jan. 16
#K-OTC
S. Korea's OTC market marks solid growth in 2018: data
SEOUL, Jan. 16 (Yonhap) -- The daily turnover of South Korea's over-the-counter (OTC) stock market spiked nearly threefold on-year in 2018, data showed Wednesday. The average value of transactio... 12:00 Jan. 16
#mortgage rate
Banks jack up mortgage rates after key rate hike
SEOUL, Jan. 16 (Yonhap) -- South Korean banks have raised their lending rates for mortgage loans in line with the marking up of the country's key interest rate, data showed Wednesday. COFIX, a b... 11:06 Jan. 16
#KORIBOR
The Korea Interbank Offered Rates (KORIBOR)
SEOUL, Jan. 16 (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 ... 11:02 Jan. 16
#FSC
Regulator vows more support for fintech firms
SEOUL, Jan. 16 (Yonhap) -- The head of the financial regulator on Wednesday vowed to lend more support to financial technology firms, with the aim of turning small fintech firms into "unicorns" wit... 10:28 Jan. 16
#growth slowdown
Growth of outstanding state bonds slows in 2018
SEOUL, Jan. 16 (Yonhap) -- South Korea saw growth in the value of outstanding state and special bonds slow down in 2018 due to increased tax revenue and public agencies' asset restructuring efforts... 08:59 Jan. 16