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Non-life insurers’ profits rise on smaller loss ratios for cars

South Korea’s non-life insurers saw their profits rise due to reduced loss ratios for car insurance and the rise in medical insurance rates in the first quarter, data showed Sunday.However, criticism...

Updated : 2017.04.30 15:03

Banks continue to raise household lending rates

Commercial lenders in South Korea have raised interest rates for household lending, weighing on household debt, the central bank’s data showed Sunday. Fresh household loans with rates lower than 3 pe...

Updated : 2017.04.30 14:42

Big biz CEOs paid average 22-times more than ordinary workers: data

Chief executive officers leading South Korea's biggest businesses receive salaries that are on average 21.9-times higher than those of ordinary employees, a local market researcher said Sunday.Accordi...

Updated : 2017.04.30 10:19

Value of shares owned by 100 richest stockholders exceed W100tr

The combined value of shares owned by South Korea's 100 richest stockholders surpassed 100 trillion won ($87.7 billion), swelled by rising stock markets, industry data showed Sunday.Despite geopolitic...

Updated : 2017.04.30 10:11

Seoul stocks slip from 6-year high, Samsung continue to rise

South Korean stocks snapped their six-day winning streak on Friday, slipping from their six-year high, as investors cashed in recent gains, analysts said. The Korean won fell against the US dollar.The...

Updated : 2017.04.28 15:52

Korean stocks trade almost flat in late morning

South Korean stocks traded almost flat at their six-year highs Friday morning, with top market cap Samsung Electronics hitting a fresh record high.The benchmark Korea Composite Stock Price Index shed ...

Updated : 2017.04.28 11:34

Korean stocks appear undervalued despite recent gains

South Korean stocks still appear undervalued despite some 9 percent gain in the benchmark index this year, according to market data and a local brokerage on Friday. The Kospi index closed at a near si...

Updated : 2017.04.28 10:55

Stocks open slightly lower on profit-taking

South Korean stocks opened slightly lower on Friday, as investors attempted to cash in recent gains, but top market cap Samsung Electronics continued to build up gains.The benchmark Korea Composite St...

Updated : 2017.04.28 09:32

Korean stocks down from 6-yr high, Samsung spikes

South Korean stocks traded lower early Thursday morning, slipping from their six-year highs, with top market cap Samsung Electronics hitting a fresh record high.The benchmark Korea Composite Stock Pri...

Updated : 2017.04.27 13:03

K-Bank meets more than half of full-year deposit target in 24 days

K-Bank, South Korea's first Internet-only bank, has achieved more than half of its full-year target of attracting deposits just 24 days after launching operations, the nation's financial regulator sai...

Updated : 2017.04.27 12:28

Stocks open lower on Samsung affiliates, automakers

South Korean stocks got off to a weak start on Thursday, led by losses in Samsung Electronics and its affiliates and automakers.The benchmark Korea Composite Stock Price Index shed 4.74 points, or 0.2...

Updated : 2017.04.27 09:36

[Election 2017] How will presidential candidates raise taxes?

The following is the third in a series of articles breaking down the presidential candidates’ major economic pledges in a simulated question-and-answer format by gathering their answers from official...

Updated : 2017.04.26 15:01

Standard Chartered Bank Korea to hold fintech forum

Standard Chartered Bank Korea announced Wednesday it plans to hold a forum dedicated to financial technology at its main branch in Korea on May 17.Michael Gorriz, group chief information officer at th...

Updated : 2017.04.26 13:33

BOK chief calls for efforts to better reflect economic reality in GDP

The head of South Korea's central bank called Wednesday for efforts to better reflect the rapidly changing economic reality in the gross domestic product.GDP -- the broadest measure of an economy's pe...

Updated : 2017.04.26 13:20

Rates for household loans inch up in March

Bank lending rates on new household loans inched up in March and interest rates paid by banks on new deposits remained unchanged, central bank data showed Wednesday.The average interest rates on fresh...

Updated : 2017.04.26 13:15