'Samsung Group' funds get boost from groupwide reshuffle moves

Stock funds that invest in affiliates of Samsung Group are expected to continue to build up gains on hopes that South Korea's largest conglomerate will accelerate its moves toward a more simplified ownership structure through merg...

Korean won hits 2-month low vs dollar on looming U.S. rate hike

South Korea's currency fell to the lowest level against the U.S. dollar in two months on Wednesday, moving in tandem with major counterparts' descent against the greenback on rising speculation that the U.S. Federal Reserve will h...

KDI urges outside directors' greater independence

South Korea's outside directors should become more independent in order for them to better control management and protect the rights of all shareholders, a state-run think tank said Wednesday.The report by the Korea Development In...

S. Korea's household credit hits fresh high in Q1

Household credit in South Korea soared to an all-time high in the first quarter, data showed Wednesday, adding to growing concerns over the country's already fast-growing household debt.Household credit totaled 1,099.3 trillion wo...