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Wed, May 23, 2018 | 08:15

Economy >

'Inter-Korean shares' face murky outlook

Stocks related to inter-Korean economic cooperation are fluctuating, as the outlook on the peaceful reconciliation with North Korea is turning uncertain. It adds to the concern of small investors who purchased those shares on credit.

Finance | 2018-05-22 17:04

Korea's policy rate seen on hold for 1.5%

The Bank of Korea (BOK) is expected to leave its key policy rate unchanged at its monetary May 24 policy meeting, according to economists and research firms, Tuesday.

Policies | 2018-05-22 16:13

Banks brace for FSS inspection

Local banks are preparing for a routine inspection by the financial regulator, which may be tougher than usual.

Finance | 2018-05-18 16:55

Samsung says US partner wants bigger stake in JV

Samsung BioLogics, a contract drug manufacturer affiliated with Samsung, said late Friday its U.S.-based business partner has offered to increase its stake in their joint venture, a central point in the ongoing dispute between the Samsung affiliate and the country's top financial regulators.

Policies | 2018-05-18 16:28

AMRO advises Moon to be 'flexible' on policies

SINGAPORE - President Moon Jae-in needs to become more flexible in policy implementation to ensure success of his “inclusive growth strategy,” according to Hoe Ee Khor, chief economist at the ASEAN+3 Macroeconomic Research Office (AMRO).

Policies | 2018-05-18 17:59

KRX on charity work

Korea Exchange Chairman Jung Ji-won, center, serves meals to elderly citizens at a community welfare center in Yeongdeungpo-gu, Seoul, Friday, as part of the bourse operator's charity activities. / Courtesy of Korea Exchange

Photo News | 2018-05-18 17:05

Senior bank workers uneasy about new hires

Fears are mounting among branch managers and other senior employees at top banks over possible layoffs as lenders are moving to hire a large number of new workers in the coming months.

Finance | 2018-05-17 16:29

Seoul to disclose foreign exchange market interventions

The government will disclose its interventions in the foreign exchange market every quarter to enhance the transparency of its foreign exchange policies. The first disclosure will be made next March.

Policies | 2018-05-17 17:06

'Samsung BioLogics didn't inflate corporate value'

Samsung BioLogics didn't intentionally inflate its corporate value, a leading research firm said Thursday, citing the continued solid demand for biosimilar products manufactured by contract manufacturing organizations (CMOs) such as the Samsung affiliate.

Policies | 2018-05-17 16:53

Banks' entry heats up auto loan market

Major lenders are rushing into the car loan business as it has grown into a 60 trillion won ($55.5 billion) market in Korea. Not only major banks but also credit card companies are now eyeing the market that has shown more than 10 percent growth in recent years.

Finance | 2018-05-17 16:29

Hawaii's Kilauea volcano goes 'ballistic'