Seoul shares turn lower after opening higher

Submitted by YONHAP on

SEOUL (Yonhap) - South Korean stocks started higher on Thursday but soon shifted to negative territory as overnight Wall Street rallies were not strong enough to boost investors' sentiment here, an

Empty regulatory reforms

Submitted by YONHAP on

Korea Times
(Yonhap) - The plan for financial regulatory reform reported by a governmental task force Tuesday is too poor to deserve its title.

S. Korean banks' Q2 net more than quadruples in Q2

Submitted by YONHAP on

SEOUL (Yonhap) - South Korean lenders saw their earnings grow more than four-fold in the second quarter from a year earlier, due mainly to decreased loan-loss reserves and one-off gains from the sa

X