SEOUL, Nov 18 (Reuters) - Hana Financial Group, South Korea's No. 4 banking group, said on Tuesday it would raise 1 trillion won ($702.2 million) from the sale of new domestic bonds so that it would have room to support its...
SEOUL, Nov 11 (Reuters) - South Korean banks' capital ratio fell to the lowest in seven and a half years due to investment losses sparked by the global financial turmoil and an increase in risky assets, the financial regulator...
SEOUL, Nov. 10 (Xinhua) -- South Korea's major banks saw their capital adequacy ratios and earnings plunge in the third quarter due to tumbling housing market and mounting household debts, Korea Herald reported Monday. Kookmin...
SEOUL, Nov 10 (Reuters) - The following is a summary of major South Korean newspapers on Monday, prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy. CHOSUN ILBO Daegu has...
Policymakers have been rolling up their sleeves to stave off the global financial crisis and minimize its effect on the real economy. But they are finding it ever more difficult because of the rapidly spreading effects of the...
WELLINGTON, Nov 7 (Reuters) - Wall Street fell by up to 5 percent as major U.S. retailers reported larger-than-expected falls in sales, and some large corporates produced bleak outlooks. HEADLINES: Europe cuts rates; U.S....
By Park Jung-youn SEOUL, Nov 6 (Reuters) - Seoul shares were sharply lower on Thursday after five consecutive gains and following big drops on Wall Street as the U.S. presidential election effect fizzled and economic worries...
By Park Jung-youn SEOUL, Nov 5 (Reuters) - Seoul shares pared earlier 5 percent gains to trade 1.8 percent higher on Wednesday afternoon, after Barack Obama's victory in the U.S. presidential election as investors looked ahead...
South Korea's benchmark stock index rose Wednesday for a fifth straight session following gains on Wall Street. The won rose. The Korea Composite Stock Price Index rose 42.02 points, or 3.6 percent, to 1,195.37 after about two...
For 30-day securities, it's now 1.74 percent, while 90-day paper falls to three-month low of 2.62 percent. Stephen Taub - CFO.com | US The steady improvement of commercial paper interest rates continues, with a new four-year...