Hana Financial Group

Korean banks come calling to shore up portfolios

Reeling from severe losses thanks to the global economic tumult, the world’s financial services companies are turning to markets like India to derisk their portfolios— the latest being two Korean banking majors who are actively...

Seoul shares down; but Chilsung up on OB bid talk

By Park Jung-youn SEOUL, Nov 21 (Reuters) - Seoul shares retreated on Friday after massive losses on Wall Street overnight, with deepening economic fears and frantic flight from risk weighing on sentiment in South Korea as...