Most Popular
-
1
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
2
Seoul blanketed by heaviest Nov. snow, with more expected
-
3
NewJeans to terminate contract with Ador
-
4
Seoul snowfall now third heaviest on record
-
5
Samsung shakes up management, commits to reviving chip business
-
6
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
7
How $70 funeral wreaths became symbol of protest in S. Korea
-
8
Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
-
9
Why cynical, 'memeified' makeovers of kids' characters are so appealing
-
10
BOK makes surprise 2nd rate cut to boost growth
-
Korean corporates rush to issue new bonds
[THE INVESTOR] Korean companies are scurrying to issue new corporate bonds to raise cheap money as the country’s central bank recently cut its key rate to a historic low. (Posco Daewoo)POSCO Daewoo, a trading company, is poised to issue new debt worth 100 billion won (US$ 85.5 million) early July in a bid to pay back its 200 billion won worth of bonds that mature on Nov. 16. “We plan to issue the bonds in advance due to the current low interest rate. If the US raises its rate during the second
June 17, 2016
-
Seoul shares open higher on Wall Street gains
[THE INVESTOR] South Korean stocks opened higher on June 17, tracking overnight gains on Wall Street after Britain postponed its referendum campaign on its European Union membership in the aftermath of a lawmaker’s death. The benchmark Korea Composite Stock Price Index advanced 16.38 points, or 0.84 percent, to 1,968.37 in the first 15 minutes of trading. Most large caps traded bullish. Market top cap Samsung Electronics gained 0.99 percent, and top automaker Hyundai Motor increased 1.12 percent
June 17, 2016
