#SsangYong Motor-debt rollover
Finance
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#fake banknotesNo. of fake banknotes in S. Korea further dips in H1 related article
SEOUL, July 5 (Yonhap) -- The number of fake South Korean banknotes found here continued to decline in the first half, and the combined face value of the counterfeits also dropped sharply, central ... 12:00 Jul. 05 -
State pension's return reaches 10-year high in 2019 related article
SEOUL, July 3 (Yonhap) -- South Korea's state pension fund recorded the highest return rate in 10 years in 2019 amid bullish global stock markets and low interest rates, its operator said Friday. ... 14:52 Jul. 03 -
#North Korea
N. Korean households hold average US$1,300 in cash: BOK related article
SEOUL, July 3 (Yonhap) -- North Korean families have average financial assets of over US$1,700 while holding more than two-thirds of their assets in cash, a central bank report said Friday. The ... 12:00 Jul. 03 -
#foreign exchange reservesS. Korea's FX reserves hit fresh high in June related article
SEOUL, July 3 (Yonhap) -- South Korea's foreign reserves climbed to a new record high in June, partly due to the weakening of the U.S. dollar, central bank data showed Friday. The country's fore... 06:00 Jul. 03 -
#bank depositsWith low interest rates and nowhere to invest, more opt to simply hold money related article
SEOUL, July 2 (Yonhap) -- Major banks in South Korea saw their time deposits decline from a month earlier in June, while their money market deposits jumped sharply, apparently suggesting more peopl... 09:08 Jul. 02 -
#derivatives securitiesSales of derivative-tied securities edge up in Q1 related article
SEOUL, July 1 (Yonhap) -- South Korea's sales of derivative-linked securities edged up in the first quarter of this year from a year earlier, data showed Wednesday. The combined value of equity-li... 12:00 Jul. 01 -
#fund scandalBanks told to fully return investment principal to consumers over misselling scandal related article
SEOUL, July 1 (Yonhap) -- A committee of South Korea's financial regulator said Wednesday that banks and brokerages are advised to fully return the principal of investments to consumers over missol... 11:12 Jul. 01 -
#insurersS. Korean insurers' financial health worsens in Q1
SEOUL, July 1 (Yonhap) -- South Korean insurance companies saw their financial health worsen slightly in the first quarter as share price falls eroded capital, data showed Wednesday. The risk-ba... 09:30 Jul. 01 -
#BOKBOK net sells US$5.85 bln in market smoothing operations in Q1 related article
By Byun Duk-kun SEOUL, June 30 (Yonhap) -- South Korea's central bank said Tuesday that it net sold nearly US$6 billion in the first quarter to help ease fluctuations in the local currency market p... 16:34 Jun. 30 -
#interest ratesBanks' lending rates up in May related article
SEOUL, June 30 (Yonhap) -- Lending rates on fresh bank loans rose slightly from a month earlier in May amid a sharp increase in corporate lending, while interest rates paid by banks on fresh deposi... 12:00 Jun. 30 -
#FX market
(LEAD) BOK, finance ministry to purchase FX bonds in market stabilization efforts related article
(ATTN: UPDATES with more details, additional background; RESTRUCTURES; ADDS photo) By Byun Duk-kun SEOUL, June 30 (Yonhap) -- The Bank of Korea (BOK) and the country's financial authorities are mov... 11:17 Jun. 30 -
#FX market
BOK, finance ministry to purchase FX repo bonds in market stabilization efforts related article
SEOUL, June 30 (Yonhap) -- The Bank of Korea (BOK) and the country's financial authorities are moving to purchase foreign currency-denominated bonds in their latest effort to help stabilize the loc... 10:47 Jun. 30 -
State pension fund launches 2.8 tln won joint venture with Allianz for overseas property investment related article
SEOUL, June 29 (Yonhap) -- South Korea's National Pension Service (NPS) said Monday that it has set up a 2.8 trillion won (US$2.3 billion) joint venture with global asset manager Allianz to invest ... 11:19 Jun. 29 -
#corporate direct financingCorporate direct financing up 40 pct in May
SEOUL, June 29 (Yonhap) -- South Korean companies' stock and bond sales rose 40.1 percent in May from a month earlier, due mainly to a hike in sales of corporate debt, data showed Monday. Local ... 06:00 Jun. 29 -
Regulator further cuts maximum interest rate on loans by illegal lenders
SEOUL, June 28 (Yonhap) -- South Korean financial authorities on Sunday said that illegal money lenders cannot impose annual interest rates of more than 6 percent, in a move to protect consumers in... 14:37 Jun. 28 -
#banking regulationsS. Korea to implement new global bank capital rules this month
SEOUL, June 28 (Yonhap) -- South Korea will begin to implement new global bank capital rules this month, the country's financial regulator said Sunday, a move that could boost capital adequacy rati... 12:00 Jun. 28 -
#BOKS. Korea's inflation likely to keep slow pace in post-coronavirus era: BOK related article
SEOUL, June 25 (Yonhap) -- South Korea's inflation will likely rise at a lower rate even if the new coronavirus pandemic ends, due to a slowdown in economic growth and changes in how people spend o... 15:00 Jun. 25 -
#South KoreaKorea becomes more trade-dependent in 2018: BOK related article
SEOUL, June 24 (Yonhap) -- South Korea's economy continued to become more trade-dependent in 2018, with imports accounting for more than 14 percent of overall supplies here, a central bank report s... 12:00 Jun. 24 -
#financial stabilityS. Korea's financial market stable but to face more problems: BOK related article
SEOUL, June 24 (Yonhap) -- South Korea's financial market will continue to be stabilized, but the economic fallout from the new coronavirus pandemic may increasingly become more serious and real do... 11:00 Jun. 24
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(LEAD) S. Korea's current account surplus widens in June, but H1 surplus at 8-year low amid pandemic
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(LEAD) Seoul stocks rally amid global economic rebound hopes, surprise Q2 earnings
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3 Seoul stocks rally amid global economic rebound hopes, surprise Q2 earnings
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4 Seoul stocks jump over 1 pct late Thur. morning amid economic recovery hopes
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(LEAD) Seoul stocks hit almost 2-year high on U.S. stimulus hopes
News Focus
Market
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BOK's rate cut in the offing, but 'when' still being debated
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BOK again faces rate cut pressure on new coronavirus risk
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BOK to keep policy rate steady amid signs of recovery
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Wealth management service increasingly popular in S. Korea
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BOK tipped to continue monetary easing, at least another rate cut in offing
