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News
Foreign investors turn net sellers of S. Korean bonds in Aug.
20+ hour, 38+ min ago (242+ words) SEOUL, Sept. 13 (Yonhap) -- Foreign investors turned net sellers of South Korean bonds in August for the first time in about 3 1/2 years, industry data showed Sunday, as the yield advantage from currency-hedged investments declined. Foreign investors sold a net 839.7 billion won…...
Seoul shares narrow losses late Fri. morning amid inflation concerns
2+ day, 20+ hour ago (239+ words) SEOUL, Sept. 10 (Yonhap) -- Seoul shares narrowed losses late Friday morning helped by retail buying amid investor concerns over possible rate hike by the U.S. Federal Reserve due to higher oil prices. After opening 3.29 percent lower, the benchmark Korea Composite Stock Price…...
Seoul shares open sharply lower, tracking U.S. losses, amid inflation woes
2+ day, 22+ hour ago (150+ words) SEOUL, Sept. 11 (Yonhap) -- Seoul shares opened sharply lower Friday, tracking losses on Wall Street, as the latest U.S. inflation data raised the possibility of the U.S. Federal Reserve raising interest rates to curb inflation. The benchmark Korea Composite Stock Price Index (KOSPI)…...
Yonhap News Summary
3+ day, 14+ hour ago (440+ words) The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ■ (LEAD) S. Korean team for Strait of Hormuz assessment returns from UAE SEOUL -- A South Korean government team tasked with assessing the security situation…...
(2nd LD) Seoul shares end lower on inflation fears
3+ day, 15+ hour ago (338+ words) (ATTN: ADDS bond yields at bottom) SEOUL, Sept. 10 (Yonhap) -- Seoul shares ended lower Thursday as surging oil prices, driven by escalating tensions in the Middle East, fueled inflation concerns ahead of the release of key U.S. inflation data. The Korean won…...
S. Korean won falls against U.S. dollar on surge in global oil prices
3+ day, 15+ hour ago (140+ words) SEOUL, Sept. 10 (Yonhap) -- The South Korean won declined against the U.S. dollar Thursday, led by a jump in global crude prices as fighting escalated between the United States and Iran in the Middle East. The won was quoted at 1,339.2 won per…...
Seoul shares end lower on inflation fears
3+ day, 16+ hour ago (147+ words) SEOUL, Sept. 10 (Yonhap) -- Seoul shares ended lower Thursday as surging oil prices, driven by escalating tensions in the Middle East, fueled inflation concerns ahead of the release of key U.S. inflation data. The Korean won rose against the U.S. dollar. After choppy…...
Seoul shares extend losses late Thu. morning amid inflation concerns
3+ day, 20+ hour ago (256+ words) SEOUL, Sept. 10 (Yonhap) -- Seoul shares extended their losses late Thursday morning, as surging oil prices, driven by intensifying tensions in the Middle East, stoked inflation concerns ahead of key U.S. inflation data. After opening 0.18 percent lower, the benchmark Korea Composite Stock…...
Seoul shares open lower amid escalating Mideast tensions, rising oil prices
3+ day, 22+ hour ago (133+ words) SEOUL, Sept. 10 (Yonhap) -- Seoul shares opened lower Thursday, tracking Wall Street losses, as surging oil prices caused by intensifying tensions in the Middle East fueled inflation concerns ahead of key U.S. inflation data. The benchmark Korea Composite Stock Price Index (KOSPI)…...
Securities firms' Q2 net spikes 20 pct on increased commission income
4+ day, 1+ hour ago (242+ words) SEOUL, Sept. 10 (Yonhap) -- Securities companies in South Korea saw their net profit soar 20 percent in the second quarter of the year largely due to increased commission income from the spike in stock trading, data showed Thursday. The combined net profit…...