Shinhan Financial chair tapped for second term

secure a consecutive term under the Lee Jae Myung administration. Other banking group chiefs, including KB Financial Group’s Yang Jong-hee and Woori Financial Group’s Yim Jong-ryong, are also seeking

Seoul shares snap 3-day rally; won sharply down

banking group KB Financial Group added 0.89 percent to 124,800 won. The local currency was quoted at 1,470.6 won against the greenback at 3:30 p.m., down 5.7 won from the previous session. (Yonhap)

Seoul shares up for 3rd day on US rate cut hope

acquisition of Dunamu the previous day. Leading biotech firm Samsung Biologics fell 0.3 percent to 1.65 million won, and major banking group KB Financial Group went down 0.8 percent to 123,700 won. The local

Seoul shares open sharply higher on US gains

, and rival SK hynix gained 2.96 percent. No. 1 financial firm KB Financial Group added 0.48 percent, while defense giant Hanwha Aerospace increased 1.38 percent. In contrast, leading battery maker LG

Seoul shares rise over 2% amid rate cut hopes; won sharply rises

,600 won. Leading biotech firm Samsung Biologics advanced 1.48 percent to 1.65 million won, and major banking group KB Financial Group mounted 2.47 percent to 124,700 won. The local currency was quoted

Seoul shares open higher on bargain hunting after sharp drop

percent. KB Financial Group, a major commercial lender, increased 1.24 percent, and entertainment giant CJ ENM climbed 1.09 percent. Top carmaker Hyundai Motor, however, retreated 0.19 percent, and leading

Seoul shares open sharply lower on tech losses

rival Hanwha Ocean decreased 3.68 percent. Leading financial group KB Financial declined 0.58 percent, while internet portal operator Naver lost 0.78 percent. Top steelmaker POSCO tumbled 2.8 percent. The

Seoul shares open higher after Nvidia earnings results

, and its rival Hanwha Ocean increased 1.71 percent. Leading financial group KB Financial grew 0.57 percent, while internet portal operator Naver spiked 4.23 percent. Top steelmaker POSCO rose 2.23

Seoul shares fall for 2nd session on tech losses, foreign selling

Aerospace slid 1.74 percent to 905,000 won, and leading financial group KB Financial shed 0.24 percent to 122,200 won. The local currency was quoted at 1,465.6 won against the greenback at 3:30 p.m., down 0.3

Seoul shares open lower on tech losses

percent, and its rival Hanwha Ocean skidded 3.21 percent. Leading financial group KB Financial retreated 0.41 percent, while internet portal operator Naver retreated 1.21 percent. But automakers opened