forex reserves

South Korea’s bourse operator is seeking to extend derivatives trading hours by opening the market 15 minutes earlier at 8:45 am and allow for...

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

South Korea's Eugene Investment & Securities on Monday cut S-Oil Corp.'s target share price from 140,000 won ($113.5) to 133,000 won due to a lo...

South Korea as early as the second half of next year could lift regulations on money transfers abroad that exceed $50,000 per year.Daily foreign cur...

South Korea will extend the trading hours for the local foreign exchange market to attract overseas investors and improve the trading system so that...

South Korean companies are rushing to raise cash from the beginning of the new year amid growing concerns over a global economic downturn and market...

South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...

South Korea’s mighty state pension fund will hedge foreign exchange risks for up to 10% of its overseas investment for a limited period. ...

Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...

Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp dep...

Several corporations have recently sold stocks and real estate apparently to boost liquidity and repay maturing debts amid the "three high" era of h...

TOKYO – South Korea’s minimum wage per hour is poised to exceed Japan’s for the first time as early as this October.A subcommittee...

Samsung Electronics Co.’s second-quarter earnings remained steady compared to three months before, with robust memory chip sales for data cent...

Samsung Electronics Co. on Thursday estimated that its second-quarter operating profit and sales edged down from three months before, reversing its ...

South Korea’s leading shipping companies are being used as funding sources for their parent groups’ business expansion or making up for ...

South Korea’s biotechnology firms – public and private alike –  are facing increasingly negative financial conditions. T...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, on Monday reported a bigger-than-expected operating ...

South Korea's two non-ferrous metal product leaders Korea Zinc Inc. and Poongsan Corp. are tipped to report their record earnings in 2021, after str...

DL Chemical Co. became the first South Korean company to acquire a US-listed company in a leveraged buyout. The Korean petrochemical company said on...

South Korea's National Pension Service (NPS) Investment Management said on Nov. 29 it earned 67.4 trillion won ($56.5 billion) return for the first ...

Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...

Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

South Korea’s government delayed a sale of foreign exchange stabilization fund bonds to next month, disrupting local companies’ plans to...

The value of lithium reserves at a salt lake in Argentina, which South Korean steelmaker POSCO acquired for $280 million in 2018, is estimated to ha...

South Korea's foreign exchange reserves rose for a seventh straight month to a fresh record high in October due to gains in non-dollar assets and incr...

Bond issuance by South Korean banks has risen to a record high as banks move to secure adequate capital to ride out any short-term liquidity disruptio...

South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as J...

The South Korean government $1.3 billion at the lowest spread...