Korea Exchange Bank

The Human Face of Currency Fluctuation

He is neither politician nor superstar, but even when he eats lunch, newspapers and broadcasters take notice. Kim Doo-hyeon is a currency trader at Korea Exchange Bank who has been in the newspaper or on TV almost every day...

Creditors to pick lead manager for Hynix sale this month

SEOUL, Nov 13, 2008 (Asia Pulse Data Source via COMTEX) -- Creditors of Hynix Semiconductor Inc. said Wednesday they plan to name a lead manager for the sale of the world's second-largest computer memory chipmaker. A group of...

Seoul defends block on Lehman deal

10-Nov-2008

By Song Jung-a and John Authers in Seoul South Korea’s top financial regulator on Monday defended his decision to scuttle Korea Development Bank’s attempt to acquire now-defunct Lehman Brothers, which changed the global...

HSBC banks higher profits despite rising US bad debts

LONDON (AFP) - Global banking giant HSBC said on Monday that its pre-tax profits had risen in the third-quarter despite loan write-offs in the United States rising to 4.3 billion dollars (3.3 billion euros).

Global Markets Respond Favorably to China Stimulus Package

A South Korean man is reflected on an electronic screen displaying foreign exchange rates at the head office of Korea Exchange Bank in Seoul on Nov. 10, 2008. World markets are mostly higher after China announced a massive...

S. Korea major banks falter in third quarter

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...

DRAM vendors struggle to overcome 'insolvency'

DRAM vendors struggle to overcome 'insolvency' continues amid the ongoing economic downturn and potential technology setbacks in the sector. Elpida, Hynix and Micron are struggling and losing money, while DRAM suppliers like...

Worries About Banks

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...

Korea Hot Stocks-Hynix Semiconductor outperforms

SEOUL, Nov 7 (Reuters) - Stocks on the move on Friday include: As of 0029 GMT, the main KOSPI was down 3.96 percent at 1,048.96 points, after big drops in Wall Street with worries about global recession sending exporters lower....

Korea Hot Stocks-KEB, NHN, Hynix Semiconductor

SEOUL, Nov 7 (Reuters) - Stocks on the move on Friday include: As of 0250 GMT, the main KOSPI was up 0.67 percent at 1,099.34 points. The index opened 3.47 percent lower at 1,054.35 points after big drops in Wall Street with...

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