KEXIM bank issues $3.5 billion in foreign currency bonds

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

KT receives record-high corporate bond bids of $2.3 billion

KT Corp., which boasts the nation's highest credit rating at the stable “AAA,” reached a whopping 2.89 trillion won ($2.27 billion) in c...

S.Korean companies expect exports to decline in 1% range this year

South Korea's companies expect both sales and exports this year to decline in the 1% range from last year, predicting economic growth in the low 1% ...

S.Korea ranks as 6th most powerful country, beating Japan

TOKYO - South Korea ranked the world’s sixth most powerful country, beating Japan, while the peninsular nation was far behind its neighbor in ...

Korean won to stay weaker than profitable levels – poll

The South Korean won was expected to stay weaker than levels for corporate profits this year as the local currency was likely to stay under pressure...

Samsung Elec seen as 2023 top outperformer in Korea

Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...

S.Korea logs record trade deficit in 2022; outlook dim

South Korea suffered a record trade deficit last year as the ongoing war in Ukraine ramped up energy import bills, while the outlook remained dark w...

South Korea to double stockpiles of rare-earth minerals

South Korea's Ministry of Trade, Industry and Energy said on Friday it will double the government's stockpiles of rare-earth minerals and halve thei...

Kosdaq listings number 129, highest since 2002 IT bubble

Depression in equity markets in the wake of global rate hikes this year has not prevented Korean companies from rushing into Kosdaq, South Korea's m...

Business Survey Index falls for 4th consecutive month

With both exports and domestic spending growing shakier amid the global economic downturn, South Korean business sentiment has taken a backward step...

Korea Fair Trade Commission opens unit to review global M&As

The Korea Fair Trade Commission (KFTC) on Tuesday said it will open a division specifically for reviewing global M&As given the recent growth of...

Koreans buy $2.7 billion Tesla shares this year, favorite foreign stock

Tesla, Inc. was the investors’ choice in South Korea this year, ahead of other overseas stocks.According to the Korea Securities Depository he...

TIGER KEDI30 ETF tops Korean retail investors’ themed stock buy list

The TIGER KEDI30 ETF has topped the list of the most purchased exchange-traded funds (ETFs) by South Korea’s individual investors in the theme...

Net assets of S.Korea's ETF rise to $63.1 billion despite stock woes

Despite South Korea's weak stock market this year, the exchange-traded fund (ETF) sector, which marked its 20th anniversary, maintained a clear grow...

S. Korea foresees recession in falling freight prices, wages

Global ocean freight prices are falling amid a darkening outlook for South Korea, as Asia’s fourth-largest economy heavily depends on overseas...

85% of S.Korea's Gen MZ have contactless savings accounts

A study finds 90% of South Korea's Generation MZ, a demographic comprising millennials and Generation Z members born between 1981 and 2010, use cont...

Buying a home in Seoul becomes tougher in 2021

Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...

Korea to allow investors to sell stocks at pre-split-off values

South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...

Ndream, Wisenut start trading on K-OTC

Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...

Korean holding firms likely to post bigger dividend payouts in 2022

South Korea's major holding companies are expected to set higher dividends per share (DPS) at end-2022 than in previous years, a Samsung Securi...

More S.Koreans buy, sell homes online without realtors

South Korea’s top online flea market Danggeun Market and other platforms are growing more popular for property deals as home sellers look for ...

Korean NPS opens up forex hedging limit to maximum of 10%

South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...

Korea to retain more skilled foreign workers with visa status upgrade

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

KRX opens German office to promote EU certification of Korean indices

The Korea Exchange said that it opened its third overseas office in Frankfurt, Germany, and would promote the EU Benchmarks Regulation (BMR) certifi...

Truston Asset looks to help run Taekwang with 5.8% stake

South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekwang Industrial Co. f...

S.Korean corporate debt ratio hits six-year high in Q3

South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...

Korean stocks with healthy earnings to shine in H2 2023

South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...

Shinsegae chairwoman maintains most expensive house in Korea

South Korean retail giant Shinsegae Group Chairwoman Lee Myung-hee has maintained the most expensive house for an eighth straight year in South Kore...

Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation

The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. T...

Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax

South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...