#news summary
Finance
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#Woori Bank-stake saleWoori Bank to sell 4 pct stake in parent group to Taiwan's Fubon
SEOUL, Sept. 25 (Yonhap) -- Woori Bank, a major South Korean commercial lender, will sell its 4-percent stake in its parent Woori Financial Group Inc. to the insurance unit of Taiwan's Fubon Financ... 16:54 Sep. 25 -
#insurance-loansInsurance policy-linked loans rise amid economic slowdown
SEOUL, Sept. 25 (Yonhap) -- Insurance policy-backed loans grew more than 20 percent over the past three years, data showed Wednesday, indicating that more people took out loans despite the risk of ... 10:49 Sep. 25 -
#Moodys-Hyundai Motor investmentHyundai's autonomous vehicle JV is credit positive: Moody's
SEOUL, Sept. 25 (Yonhap) -- Hyundai Motor Group's plan to form a US$4 billion joint venture with Ireland-based autonomous vehicle startup Aptiv Plc is credit positive for the group's three affiliat... 08:47 Sep. 25 -
#banks-loan delinquencyBanks' loan delinquency rate edges up in July
SEOUL, Sept. 24 (Yonhap) -- The delinquency rate for South Korean banks' won-denominated loans inched up in July due to a slight rise in the number of firms that failed to repay their debts, govern... 10:15 Sep. 24 -
#insurers-capital ratioInsurers' risk-based capital ratio rises in Q2
SEOUL, Sept. 23 (Yonhap) -- Insurance firms in South Korea saw their risk-based capital ratio increase in the second quarter of this year, data showed Monday. The risk-based capital (RBC) ratio... 12:00 Sep. 23 -
#consumer financing firmsConsumer financing firms' H1 earnings down on increased provisions
SEOUL, Sept. 20 (Yonhap) -- Consumer financing firms in South Korea saw their combined net profit fall 1.6 percent on-year in the first half of the year, hurt by a rise in loan-loss provisions, dat... 06:00 Sep. 20 -
#derivatives-supervisionRegulators vow stern measures over sales of controversial derivative products
SEOUL, Sept. 19 (Yonhap) -- The heads of the nation's two financial regulators said Thursday they will take stern measures if financial firms are found to have improperly sold controversial derivat... 17:49 Sep. 19 -
#money supply
Money supply growth hits 5-month low in July
SEOUL, Sept. 19 (Yonhap) -- South Korea's money supply continued to grow in July though the rate of the increase slowed to a five-month low, central bank data showed Thursday. The country's M2 c... 12:00 Sep. 19 -
#BOKBOK chief says U.S. rate cut gives room for additional policy
By Byun Duk-kun SEOUL, Sept. 19 (Yonhap) -- The head of South Korea's central bank said Thursday the latest U.S. rate cut may have created further room for his country to more actively support the ... 09:31 Sep. 19 -
#monetary policy
BOK board member voices need to spur private spending amid low inflation
By Byun Duk-kun SEOUL, Sept. 18 (Yonhap) -- South Korea's expected inflation may soon approach a "dangerous level" should its low price increases be left to continue, a member of the central bank's... 15:00 Sep. 18 -
#foreign depositsForeign currency deposits rise in Aug.
SEOUL, Sept. 18 (Yonhap) -- Foreign currency deposits held by banks in South Korea grew in August from a month earlier, central bank data showed Wednesday. The outstanding amount of foreign curr... 12:00 Sep. 18 -
#credit unions earningsCredit unions' H1 profit drops on increased loan-loss provisions
SEOUL, Sept. 18 (Yonhap) -- South Korea's credit unions, or member-owned financial cooperatives, saw their combined net profit drop 13.7 percent on year for the first half of this year, hit by high... 12:00 Sep. 18 -
#Bank of Korea
BOK board members express concerns over economic slowdown: minutes
By Byun Duk-kun SEOUL, Sept. 17 (Yonhap) -- Several members of the Bank of Korea's (BOK's) monetary policy board have voiced concerns over the country's slowing economic growth, minutes of the boar... 17:04 Sep. 17 -
#FX market
Korea's FX market grows but at slower pace than others: report
SEOUL, Sept. 17 (Yonhap) -- South Korea's foreign exchange (FX) market grew significantly over the past three years but at a slower pace than those of other major economies, the central bank said T... 09:26 Sep. 17 -
#small firms-bond marketSmaller firms struggling in debt market despite low interest rates
SEOUL, Sept. 16 (Yonhap) -- Small-and medium-sized enterprises (SMEs) in South Korea have been shunned by investors, although low market rates helped big firms raise more money through debt sales, ... 10:01 Sep. 16 -
#hedge fundS. Korean hedge funds see steady growth this year
SEOUL, Sept. 14 (Yonhap) -- South Korea's homegrown hedge funds continued to soak up money while viable investment vehicles remain few in number, data showed on Saturday. Hedge funds here pulled... 13:00 Sep. 14 -
#BOKHousehold debt, sluggish investment cloud BOK move to cut rate
SEOUL, Sept. 13 (Yonhap) -- About a month later, South Korea's central bank will again face a tough decision of whether to cut the policy rate or not, a move that will largely be swayed by the weig... 11:00 Sep. 13 -
#futures trading earningsFutures trading firms see profits rise in Q2 on commission fees
SEOUL, Sept. 12 (Yonhap) -- South Korea's futures trading firms saw their combined net profit rise in the second quarter of this year, thanks to a modest gain in commission fees, according to gover... 10:00 Sep. 12 -
#bond yields-close
S. Korean Bond Yields on Sept. 11, 2019
Today (%) Previous Session(%) Change (BP) 1-year TB 1.202 1.188 +1.4 3-year TB 1.258 1.242 +1.6 10-year TB 1.397 ... 16:34 Sep. 11
News Focus
Market
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BOK's rate cut on the table amid increased downside risks
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BOK faces quandary over call for rate cut
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BOK has room for rate cuts but will likely save for later
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(News Focus) Korea won set to lose further ground amid trade tensions, Fed concerns
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5 Korea won set to lose further ground amid trade tensions, Fed concerns
