General

(LEAD) Seoul shares end lower on profit taking

SEOUL: Seoul shares finished lower Wednesday as foreign investors locked in profits following a two-session winning streak despite overnight Wall Street gains. The local currency rose against the U.S. dollar.

The benchmark Korea Composite Stock Price…

Banks to tighten lending criteria in Q3: survey

SEOUL: Banks in South Korea are expected to tighten their stances on extending loans in the third quarter of the year, a central bank survey showed Wednesday.

According to the poll of financial institutions, including 18 banks, conducted by the Bank …