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News
(2nd LD) Seoul stocks dip over 3 pct on Mideast uncertainties, AI warnings
6+ hour, 19+ min ago (416+ words) (ATTN: ADDS bond yields in bottom) SEOUL, Sept. 14 (Yonhap) -- Seoul stocks tumbled by more than 3 percent Monday as investors sold off tech-heavyweights on persisting geopolitical uncertainties and warnings from U.S. tech executives that the pace of artificial intelligence (AI) development may…...
Nominee for KB Financial Group's next chief
14+ hour, 33+ min ago (74+ words) Yonhap News Agency Lee Jae-keun, head of the group's global business division at KB Financial Group Inc., meets the press at the headquarters of the banking group in Seoul on Sept. 14, 2026, after the financial holding firm's nomination committee picked him…...
Tax agency to probe 41 businesses for causing consumer price instability
9+ hour ago (243+ words) SEOUL, Sept. 14 (Yonhap) -- South Korea's tax agency said Monday it has launched probes into 41 businesses for allegedly engaging in unfair practices and contributing to consumer price instability, as the government seeks to curb inflation ahead of the Chuseok holiday. The…...
Seoul stocks sharply down late Mon. morning amid Mideast uncertainties, AI warning
11+ hour, 4+ min ago (167+ words) SEOUL, Sept. 14 (Yonhap) -- Seoul stocks were trading sharply lower, as uncertainties in the Middle East and artificial intelligence (AI)-related warnings dampened investor sentiment. After opening over 3 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) fell 151.27 points, or…...
[PRNewswire] Meritz Securities Connects to Bruce Markets Feed
12+ hour, 30+ min ago (280+ words) -- Integration Enhances Overnight U.S. Stock Data Access for Korean Traders-- Demand for multi-venue competition grows in South Korea to prevent 'blind trading' during U.S. overnight session The milestone comes as South Korean traders fight 'blind trading' and reassert their role as one…...
Seoul stocks open sharply lower
13+ hour, 14+ min ago (74+ words) Yonhap News Agency A financial data screen in the dealing room of Hana Bank in Seoul on Sept. 14, 2026, shows the benchmark Korea Composite Stock Price Index having fallen 3.45 percent from the previous session to an intraday low of 6,671.66 in early…...
S. Korea's 2 major chipmakers reject KEPCO's proposal to prepay 5 yrs of electricity bills
13+ hour, 12+ min ago (197+ words) SEOUL, Sept. 14 (Yonhap) -- South Korea's two major chipmakers, Samsung Electronics Co. and SK hynix Inc., have rejected a proposal from state-run Korea Electric Power Corp. (KEPCO) to prepay five years' worth of electricity bills, industry sources said Monday. Debt-ridden KEPCO…...
Seoul stocks open sharply lower amid Mideast uncertainty
13+ hour, 47+ min ago (135+ words) SEOUL, Sept. 14 (Yonhap) -- Seoul stocks opened sharply lower Monday, bucking advances on Wall Street, as geopolitical uncertainties in the Middle East pushed up oil prices. The benchmark Korea Composite Stock Price Index (KOSPI) opened down 217.3 points, or 3.14 percent, to 6,692.61. On…...
Finance minister nominee says corporate tax cut not under consideration
1+ day, 3+ hour ago (218+ words) SEOUL, Sept. 13 (Yonhap) -- Finance Minister nominee Lee Hyoung-il said Sunday the he is not considering a corporate tax cut, citing the restoration of the corporate tax rate that took effect this year. The nominee made the remarks in response to…...
Foreign investors turn net sellers of S. Korean bonds in Aug.
1+ day, 11+ hour 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…...