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Kospi resumes record run in 2 weeks

The main bourse in South Korea resumed its record run in 11 trading days on Monday.The benchmark Korea Composite Stock Market Index closed at 2,388.66, up 0.42 percent, or 10.06 points from Friday clo...

Updated : 2017.06.26 18:28

Legal battle continues between Mirae Asset and SME head

The ongoing lawsuit raised in 2016 by a Coffee Bean and Tea Leaf franchise in China against Mirae Asset Financial Group and Chairman Park Hyeon-joo has become more complicated, as the franchise’s CEO...

Updated : 2017.06.26 17:24

Crude oil slump casts shadow on monetary tightening

The prolonged slump in crude oil prices may put a damper on the South Korean central bank’s anticipated monetary tightening, industry watchers said Monday. This came after oil prices spiraled to a re...

Updated : 2017.06.26 16:20

FSS’ new data to bring Moon’s attention to self-employed

The Financial Supervisory Service said Sunday it has been in talks with the Financial Services Commission to raise the attention of the debts of the self-employed.The FSS and the FSC are reportedly fo...

Updated : 2017.06.25 18:23

US dollar likely to strengthen against Korean won in H2: think tank

The US dollar is expected to strengthen against the Korean won in the second half due to uncertainties surrounding trade conditions and rate hikes being undertaken by the Federal Reserve, a local think thank said Sunday.The Korea Institute of Finance said judging by overall supply and dema...

Updated : 2017.06.25 15:23

[Advertorial] KRX commits to social responsibilities via foundation

Korea Exchange’s Happy Foundation is closing off the first half of this year with expanded social responsibility projects nationwide and overseas, ranging from offering financial education to informa...

Updated : 2017.06.25 14:59

KB’s job fair completes 12th successful session

From 31-year-old Kim Ka-ram, who landed a marketing job after some 100 tries, to 49-year-old Kim Eun-young, who was hired by a manufacturing company after seeking to rejoin the workforce after raising...

Updated : 2017.06.25 14:54

Conversions of bonds into equities soar on bull market

South Korean investors' conversion of equity-linked bonds into shares have surged in recent months amid the bull run of the stock market, data showed Friday.Investors converted 187 billion won (US$164 million) worth of convertible bonds (CBs), exchangeable bonds (EBs) and bonds with warran...

Updated : 2017.06.23 10:28

More households will face default risk with market rate hikes: BOK

South Korea’s central bank on Thursday warned that the number of highly-indebted households at default risk could go even higher with interest rates in the financial market likely to rise in coming y...

Updated : 2017.06.22 17:09

[News Focus] Behind NCsoft’s stocks plunge lies the power of tradable items

Item trading involving cash exchange is often seen as the culprit behind game-related crimes in South Korea, even causing cases of fraud or physical violence among game players. The feature is also be...

Updated : 2017.06.22 16:36

Korean shares end higher on large-cap gains

South Korean stocks ended slightly higher Thursday as investors scooped up large-cap stocks. The Korean won rose against the US dollar.The benchmark Korea Composite Stock Price Index rose 12.84 points...

Updated : 2017.06.22 16:13

KDB’s ‘Next Round’ program targets start-ups

To help startups prepare for the future, Korea Development Bank has been running the “KDB Next Round” program that helps link companies with new investors. First launched in August last year, KDB’...

Updated : 2017.06.22 15:39

Korean shares extend gains on tech, airline stocks

South Korean shares extended gains late Thursday morning as foreigners turned net buyers. The won traded higher against the dollar.  The benchmark Korea Composite Stock Price Index rose 7.19 points, ...

Updated : 2017.06.22 13:43

Value of stocks owned by 100 richest shareholders jumps 21.3%

The combined value of stocks owned by South Korea's 100 richest stockholders has jumped 21.3 percent, helped by a rally in the stock market, industry data showed Thursday. The benchmark Korea Composit...

Updated : 2017.06.22 10:28

Mortgage applications soar on anti-speculation steps

South Korea's four major lenders saw mortgage applications jump nearly 11 percent shortly after the government unveiled measures to cool the property market this week, sources said Thursday.The financ...

Updated : 2017.06.22 10:22