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Seoul shares open sharply lower on higher US inflation

South Korean stocks started sharply lower Thursday as higher-than-expected US inflation data poured cold water on investors' hopes for early rate cuts. The benchmark Korea Composite Stock Price Index plunged 39.34 points, or 1.45 percent, to 2,665.82 in the first 15 minutes of trading. Overnight, major US indexes lost ground as the release of a key measure of inflation dashed investors' hopes that the Feder...

South-korea , Seoul , Soult-ukpyolsi , South-korean , Korea , Samsung-biologics , Lg-energy-solution , Kb-financial-group , Hana-financial-group , Samsung-electronics , Federal-reserve , Shinhan-financial-group

Seoul shares open sharply lower on higher U.S. inflation

SEOUL, April 11 (Yonhap) -- South Korean stocks started sharply lower Thursday as higher-t...

South-korea , Seoul , Soult-ukpyolsi , Korea , Samsung-biologics , Kb-financial-group , Samsung-electronics , Hana-financial-group , Shinhan-financial-group , Lg-energy-solution , Federal-reserve , Posco

Financial firms bet big on sports marketing

Major financial groups have become strong sponsors for various sports in the country, leading to successful marketing campaigns and remarkable performances by sponsored teams or individual athletes at international sports competitions.

Hangzhou , Zhejiang , China , Bucheon-hana , Billiards-association , H-league , Women-korean-basketball-league , Kb-kookmin-bank-stars , Kb-financial-group , While-woori-bank , Courtesy-of-woori-bank , Woori-financial-group

Seoul shares close almost flat despite higher US inflation; won sharply down

South Korean stocks ended almost flat Thursday thanks to gains in techs and autos despite higher-than-expected US inflation that dimmed hopes for the Federal Reserve's early rate cuts. The Korean won sharply fell to the lowest point in 17 months against the US dollar. After starting 1.45 percent lower, the benchmark Korea Composite Stock Price Index pared earlier losses by rising 1.8 points, or 0.07 percent, to ...

Seoul , Soult-ukpyolsi , South-korea , Korea , South-korean , Micron-technology , Kb-financial-group , Leader-lg-energy-solution , National-assembly , Hanmi-semiconductor , Samsung-electronics

Seoul shares close almost flat despite higher U.S. inflation; won sharply down

SEOUL, April 11 (Yonhap) -- South Korean stocks ended almost flat Thursday thanks to gains...

South-korea , Seoul , Soult-ukpyolsi , Korea , Shinhan-financial-group , National-assembly , Samsung-electronics , Hanmi-semiconductor , Leader-lg-energy-solution , Posco , Kb-financial-group

Sleep market in Korea reaches W3 tril. says report

Kim Eh-ra, a salaried worker in her early 30s, says she is spending more money to get better sleep as her work stress continues to mount.

United-states , Japan , Australia , China , Americans , Australians , Chinese , Philips , Kb-financial-group , Sleep , Arket

Korean financial holding firms' combined net profit edges up in 2023

Korean financial holding companies' combined net profit rose 0.4 percent in 2023 from a year earlier, helped by high interest rates, the financial regulator said Tuesday.

South-korea , Seoul , Soult-ukpyolsi , Korea , Korea-investment-holdings , Meritz-financial-group , Financial-group , Nonghyup-financial-group , Woori-financial-group , Hana-financial-group , Financial-supervisory-service

Ex-IBK CEOs join financial firms as board members

An increasing number of former Industrial Bank of Korea CEOs are becoming board members of financial firms based on their decades of experience, expertise in the field of finances and deep understanding of government policymaking, according to market watchers, Tuesday.

South-korea , Korea , Yoon-yong-ro , Kwon-seon-joo , Kb-financial-group , Korea-exchange-bank , Industrial-bank , Financial-services-commission , Hana-bank , Kim-do-jin , Financial-services

Seoul shares turn higher late Mon. morning | Yonhap News Agency

SEOUL, April 8 (Yonhap) -- South Korean stocks turned higher late Monday morning after sta...

Seoul , Soult-ukpyolsi , South-korea , Korea , Samsung-biologics , Kb-financial-group , Samsung-electronics , Lg-energy-solution , Posco , Shinhan-financial-group , Hana-financial-group , Korea-composite-stock-price-index

Seoul shares end tad higher on auto, battery stocks

South Korean stocks ended slightly higher Monday on the back of autos and batteries following stronger-than-expected US jobs data. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index gained 3.44 points, or 0.13 percent, to 2,717.65. Trade volume was moderate at 611.2 million shares worth 10.36 trillion won ($7.6 billion), with decliners outpacing gainers 590 to 277. Foreigners b...

South-korea , Seoul , Soult-ukpyolsi , Korea , South-korean , Samsung-biologics , Federal-reserve , Lg-energy-solution , Shinhan-financial-group , Hana-financial-group , Samsung-electronics , Kb-financial-group