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Wednesday, April 7, 2010 as of 11:14 AM ET

Korea Stock Exchange

    Korea Exchange (KRX) is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.

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    1. New York Stock Exchange
    2. Stock Exchange of Thailand
    3. Buenos Aires Stock Exchange
    4. Principal Financial Group
    5. Bursa Malaysia
    6. Dow Jones
    Get updates on Korea Stock Exchange
    Samsung Card To Sell 3.64% Stake In Samsung Everland To Everland

    Samsung Card (029780.

    SE) will sell its 3.64% stake in unlisted affiliate and amusement-park operator Samsung Everland for KRW165.85 billion ($140.5 million) to Samsung Everland on June 11, the credit-card firm said Thursday.Samsung Everland is considered to be the de facto holding company of the nation's largest conglomerate, Samsung Group.The move comes after the national financial regulator ordered Samsung Card to cut its 8.64% stake in Samsung Everland to less than 5% by Aug. 16. Samsung Card had been unable to meet an earlier late-April deadline to meet the restrictions owing to poor market conditions created by the euro-zone crisis.Korean law has prohibited since 1997 financial companies from owning 5% or more of non-financial firms.The planned sale of 91,124 shares in Samsung Everland will cut Samsung Card's ownership to 5%, Samsung Card said in response to Korea Exchange's request to explain speculation that Samsung Card will sell the ownership deemed excessive.Samsung Card acqu...

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    1. Hana Financial To Buy KRW200 Billion Of KEB Shares Via Stock Market

      Hana Financial Group Inc. (086790.SE) said Wednesday it has decided to purchase KRW200 billion worth of its affiliate Korea Exchange Bank (004940.SE) shares via the ...

    2. Korea Life Insurance: Reviewing Whether To Bid For ING's Asia-Pacific Business

      Korea Life Insurance (088350.SE) said Friday that it is reviewing whether to bid for ING Groep NV's (INGA.AE) life insurance business in the Asia-Pacific region."We'...

    3. SK Innovation: No Longer Looking Into Chaparral Energy Takeover

      SK Innovation Co. (096770.SE), which owns South Korea's largest oil refiner, said Monday it has decided to stop looking into the possibility of taking over U.S. oil ...

    4. Hana Financial Group: Named Hana Bank CEO Kim Jung-tai As Group's New Chairman

      Hana Financial Group (086790.SE), one of the four largest financial holding firms in South Korea, said Monday it named Kim Jung-tai, chief executive of the group's f...

    5. Trade In Hanwha Shares To Be Halted Friday

      South Korean conglomerate Hanwha Corp. (000880.SE) said trade in its shares will be halted Friday as a penalty for being late on public disclosure of breach of trust...

    6. Hana Financial Agrees To Keep KEB Staff After Acquisition

      South Korea's Hana Financial Group Inc. (086790.SE) said Friday it has agreed to keep Korea Exchange Bank (004940.SE) workers following the group's acquisition of th...

    7. Goldman To Exit Stake In Korea's Hana Following 9.5 Million Share Block Trade

      Goldman Sachs Group Inc (GS) is selling 9.5 million shares in Hana Financial Group (086790.SE) in a block trade that could raise between KRW368 billion and KRW375 bi...

    8. Korean Banks 4Q Earnings Mixed; Gloomy Outlook For 2012

      (Combines earlier stories. Adds background throughout.)SEOUL ( Dow Jones )--Three of the largest financial holding firms in South Korea reported Thursday mixed fourt...

    9. S Korea Won Up Late, Hits 11-Week High On U.S. Data; Bonds Down

      Close Change USD/KRW 1,118.40 -7.90 JPY/KRW 14.6887 -0.0863 3-Year Treasurys 3.38% +1 bp 5-Year Treasurys 3.49% +1 bp 10-Year Treasurys 3.77% +1 bp 20-Year Treasurys...

    10. CORRECT(1/31): Bursa Malaysia Readies New Clearing System For 1Q Launch

      ("Bursa Malaysia Readies New Clearinghouse For 1Q Launch," published at 10:00 a.m. EST Tuesday, misstated the improvements to the firm's clearing system in the first...

    11. S Korea Regulator OKs Sale Of Lone Star's KEB Stake To Hana Financial

      ("UPDATE: S Korea Regulator OKs Sale Of Lone Star's KEB Stake To Hana Financial," at 1027 GMT, misstated the month that FSC ordered Lone Star to sell down its KEB st...

    12. Hana Financial Chairman: Won't Merge Credit Card Units Of Hana, KEB Immediately

      Hana Financial Group Inc. (086790.SE) won't immediately merge its credit card unit with that of Korea Exchange Bank (004940.SE) following its acquisition of a majori...

    1. KDB: Still Reviewing STX's Finances As Affiliates' Shares Slide

      The main creditor bank of STX Group reiterated Thursday that it was still reviewing the finances of the conglomerate following a sharp fall in the shares of STX's af...

    2. KDB Says Still Reviewing STX's Finances As Affiliates' Shares Slide

      The main creditor bank of STX Group reiterated Thursday that it was still reviewing the finances of the conglomerate following a sharp fall in the shares of STX's af...

    3. KB Financial: No Decision Made Yet On Possible Merger With Woori Finance

      KB Financial Group Inc. (105560.SE) hasn't made any decision on whether it would seek to merge with bigger rival Woori Finance Holdings (053000.SE), in which the Sou...

    4. CME Group Incoming CEO Gill To Lay Out Vision To Board

      The incoming chief executive of CME Group Inc. (CME) is expected to maintain the exchange operator's focus on international alliances and expanding market services, ...

    5. Hyundai Oilbank Submits Preliminary IPO Application To KRX

      South Korean oil refiner Hyundai Oilbank Corp. has submitted a preliminary application to the Korea Exchange for a planned initial public offering later this year, a...

    6. Hana Financial 1st-Quarter Net Profit KRW1.32 Trillion

      Hana Financial Group Inc. (086790.SE), South Korea's second-largest financial holding firm by assets, reported Friday that its net profit surged to KRW1.32 trillion ...

    7. Hana Financial Chairman Says Interested In Buying Insurer, More Small US banks

      Hana Financial Group Inc. (086790.SE), South Korea's second largest financial holding firm by assets after Woori Finance Holdings Co., is interested in buying an ins...

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