#BOK
Finance
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#BOK
(LEAD) BOK's board members in discussion over possible rate cut: official
(ATTN: UPDATES with more details, additional information, background) SEOUL, March 13 (Yonhap) -- The Bank of Korea (BOK) is now discussing holding an emergency meeting of its monetary policy board... 10:09 Mar. 13 -
#BOK
BOK's board members in discussion over possible rate cut: official
SEOUL, March 13 (Yonhap) -- The Bank of Korea (BOK) is now discussing holding an emergency meeting of its monetary policy board, a bank official said Friday, which could lead to an emergency rate c... 09:59 Mar. 13 -
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#coronavirus(LEAD) Coronavirus to have bigger, longer impact on economy than past epidemics: BOK
(ATTN: MODIFIES lead; UPDATES with more details, additional information in paras 10-18) By Byun Duk-kun SEOUL, March 12 (Yonhap) -- South Korea's central bank said Thursday the economic impact of t... 13:48 Mar. 12 -
#stocksForeign sell-offs of S. Korean stocks hit 16-month high in Feb.
SEOUL, March 12 (Yonhap) -- Foreigners dumped the largest amount of South Korean stocks in more than a year last month, central bank data showed Thursday, amid the spread of the novel coronavirus t... 12:00 Mar. 12 -
#coronavirus
Coronavirus to have bigger, longer impact on economy than past epidemics: BOK
By Byun Duk-kun SEOUL, March 12 (Yonhap) -- The ongoing spread of the new coronavirus is expected to have a greater and longer-lasting impact on the local economy than past epidemics, partly due to... 12:00 Mar. 12 -
#stockForeigners stage another massive stock sell-off
SEOUL, March 11 (Yonhap) -- Foreign investors extended their selling spree of local stocks to a fifth day on Wednesday amid growing angst over the spread of the new coronavirus. Foreign investor... 16:35 Mar. 11 -
Watchdog fines 4 foreign banks for currency swap collusion
SEJONG, March 11 (Yonhap) -- South Korea's antitrust watchdog said Wednesday that it has fined four foreign banks a combined 1.32 billion won (US$1.1 million) for collusion in bidding for currency ... 15:16 Mar. 11 -
#Moodys-transport firms
Virus credit negative for Korean transportation firms: Moody's
SEOUL, March 11 (Yonhap) -- Moody's Investors Service said Wednesday the spread of the coronavirus in South Korea is credit negative for its rated transportation companies amid declining traffic vo... 13:35 Mar. 11 -
#household debtHousehold debt growth accelerates in Feb.
SEOUL, March 11 (Yonhap) -- The rise in household debt extended by banks in South Korea sharply accelerated from a month earlier in February mainly due to a one-off factor, central bank data showed... 12:00 Mar. 11 -
#asset managersAsset managers' net up 42 pct in 2019
SEOUL, March 11 (Yonhap) -- Asset management companies in South Korea saw their combined profit jump 42 percent in 2019 from a year earlier due to increased investment gains and commissions, data s... 06:00 Mar. 11 -
#Fitch-memory outlookFitch sees limited impact of coronavirus on memory chip market
SEOUL, March 10 (Yonhap) -- Global rating agency Fitch Ratings Inc. said Tuesday the global memory chip market will suffer a limited risk of supply disruptions in the short term from the spreading ... 17:53 Mar. 10 -
Stock funds hemorrhaging on market crash
SEOUL, March 10 (Yonhap) -- South Korean equity investment funds have been bleeding profusely over the past month amid stock market routs at home and abroad, data showed Tuesday. The average yie... 14:35 Mar. 10 -
#payment methodsKoreans continue to use less cash, more plastic in 2019: survey
SEOUL, March 10 (Yonhap) -- South Koreans continued to reduce their use of cash last year, while their use of credit cards reached record highs both in terms of frequency and amount, a central bank... 12:00 Mar. 10 -
#stocksSeoul stocks trim losses late Tuesday morning, foreign sell-off continues
SEOUL, March 10 (Yonhap) -- South Korean stocks recouped earlier losses late Tuesday morning as institutional buying offset net selling by foreigners and individuals amid growing worries about the ... 11:39 Mar. 10 -
#stocks
Seoul stocks open lower on global market rout
SEOUL, March 10 (Yonhap) -- South Korean shares opened lower for the second straight session on Tuesday as foreign investors continued to sell large-cap stocks amid growing worries about the global... 09:37 Mar. 10 -
#MMFsInvestors pour money into short-term funds amid uncertainty
SEOUL, March 10 (Yonhap) -- South Korean investors are scrambling to pour their money into short-term investment funds amid greater stock market volatility stemming from the coronavirus outbreak, d... 08:59 Mar. 10 -
Woori Financial chief files for court injunction against reprimand
SEOUL, March 9 (Yonhap) -- The head of South Korea's Woori Financial Group has sought a court injunction against the financial watchdog's recent reprimand over improper selling of derivatives-linke... 16:10 Mar. 09 -
#bad loansBanks' bad loans fall 16 pct in 2019
SEOUL, March 9 (Yonhap) -- Nonperforming loans at South Korean banks fell 15.8 percent in 2019 from a year earlier due to a decline in overdue corporate loans, data showed Monday. Bad loans held... 12:00 Mar. 09
News Focus
Market
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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
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BOK to be on hold this time, but possible rate cut ahead
