S. Korea's terms of trade worsen in October

SEOUL, Nov. 24 (Yonhap) — South Korea’s terms of trade deteriorated slightly in October from a year earlier, as a rise in export prices was offset by a hike in import costs, central bank data showed Friday. The terms of trade index for products ca Source: Money

Nonghyup Financial eyes Southeast Asian market

SEOUL, Nov. 24 (Yonhap) — Nonghyup Financial Group Inc., a major South Korean financial holding firm, said Friday it will ramp up efforts to expand its presence in Indonesia and other Southeast Asian countries. Nonghyup Financial Group said it wil Source: Money

S. Korean stocks narrow losses on institutional buying

SEOUL, Nov. 24 (Yonhap) — South Korean stocks narrowed losses late Friday morning on increased institutional buying. The benchmark Korea Composite Stock Price Index fell 0.14 point, or 0.01 percent, to 2,537.01 as of 11:15 a.m. Institutions bo Source: Money

Biostocks' market value soars, shrug off bubble woes

SEOUL, Nov. 24 (Yonhap) — South Korea’s major biopharmaceutical and biotech companies have seen their market value surge recently, data showed Friday, shaking off concerns over a possible bubble. The market capitalization of biopharmaceutical firm Source: Money

iPhone X sets sail in S. Korea

SEOUL, Nov. 24 (Yonhap) — Sales of Apple Inc.’s latest high-end smartphone began Friday in South Korea with hundreds of consumers lining up at stores to buy the iPhone X. The 64 GB iPhone X costs 1.36 million won (US$1,237), while the 256 GB versi Source: Money

(LEAD) Regulator urges companies to do more to boost transparency

(ATTN: ADDS remarks, details in last 3 paras) SEOUL, Nov. 24 (Yonhap) — South Korean firms need to boost transparency by reforming their accounting standards and overhauling corporate governance to regain investors’ confidence, the nation’s top fina Source: Money

Regulator urges companies to do more to boost transparency

SEOUL, Nov. 24 (Yonhap) — South Korean firms need to boost transparency by reforming their accounting standards and overhauling corporate governance to regain investors’ confidence, the nation’s top financial regulator said Friday. Choi Jong-ku, Source: Money

Seoul stocks open lower on foreign selling

SEOUL, Nov. 24 (Yonhap) — South Korean shares opened lower Friday as foreign selling weighed on the index. The benchmark Korea Composite Stock Price Index fell 0.61 point, or 0.02 percent, to 2,536.54 as of 9:15 a.m. Most large-cap stocks were Source: Money

Samsung Elec's induction cooktop gets perfect score from U.S. Consumer Report

SEOUL, Nov. 24 (Yonhap) — Samsung Electronics’ induction electric cooktops received perfect scores from the U.S. Consumer Report, company officials said Friday. A review of cooking appliances being sold in the United States placed Samsung’s 30-inc Source: Money

KOSPI 2,539.79 UP 2.64 points (open)

(END) Source: Money