Bitcoin inches closer to record high amid ETF launches

Along with rally, exchanges expected to make robust profits: lawmaker

Buying a home main aim of 8 in 10 young investors in stocks, crypto

　Eight out of 10 young Koreans are currently investing in stocks, funds, cryptocurrencies and other assets, and their main purpose behind making such investments is to buy a home, a survey showed Oct.21. 　According to the survey conducted by insurance agency Rich Planner Consulting Co. of 1,000 Koreans in their 20s and 30s, 88.2 percent of them answered they are investing in stocks. Nearly 35 percent said they are trading cryptocurrency. 　For the purpose of investment, 42.2 percent of young in

New law to foster Koreans’ private credit deals

Fund houses in Korea to compete on level playing field with foreigners in domestic nonbank direct lending market, experts say

Shinhan Bank opens Hungary office

　Shinhan Bank said Oct. 21 it has opened an office in Hungary, becoming the first South Korean commercial lender to enter the central European country. 　The flagship lender under the nation’s No. 1 banking group by assets said it was granted the license to operate by the Hungarian National Bank in September and opened the office on Oct. 19. 　It also marked Shinhan’s latest overseas market entry since the launch of its subsidiary in Mexico in 2018. 　The new office is expected to

Spanish writers talk about compromising an ideology to achieve a bigger goal

The winners of this year’s TV Movie Golden Bird Prize at the Seoul International Drama Awards talked about the main topic of their film, “Federica Montseny, the Woman Who Speaks”: compromising one’s ideology to achieve a bigger goal. The Spanish film, co-written by Russo Felsen Rafael Eduardo and Mireia Llinas Ventura, is based on a true story. It depicts the life of Spanish anarchist leader Federica Montseny (played by Marcia Cistero), who went on to serve as the countr

‘My Name’ gave me a chance to improve as an actor: Han So-hee

For Han So-hee, 26, taking a role in the Netflix series “My Name” made her improve as an actor with a wide range. “I thought the audience, including my fans, wanted to see the sides of Han So-hee that are already very familiar to them with the previous dramas like ‘The World of the Married’ and ‘Nevertheless’. But I wanted to find and show different sides of Han So-hee,” the actor said during an online interview with a group of reporters Wednesday

Capturing mundane routine in colorful illustrations

Author Kim Hyo-eun, winner of the 2021 World Illustration Awards’ Professional Children’s Publishing category, talks about discovering the extraordinary in the most ordinary scenes

Philips in for long-term partnership with Korean partners: CEO

In a world rapidly digitalizing amid the COVID-19 pandemic, Philips seeks to strengthen its partnership with innovative Korean health care providers, said Frans van Houten, the chief executive officer of the Dutch health technology firm. Through a virtual interview with The Korea Herald on Monday, Van Houten highlighted the importance of having long-term partnerships with health care providers around the world, including those in markets like Korea with strong technological prowess and quali

Tesla’s battery shift highlights K-battery’s uncertain future

Li-ion-only portfolio missing out on diversifying needs, pressured in all fronts, experts say

Foreign-owned land in Korea increases 32% since 2011

SEJONG -- Land owned by foreigners in South Korea has reached an all-time high in terms of combined size, amid their active purchases of apartments or sites for business, such as manufacturing and leisure facilities, government data showed. According to the Ministry of Land, Infrastructure and Transport, foreigners owned 253.3 million square meters of land as of December 2020, which is the latest figure available. Though this accounts for less than 0.3 percent of the nation’s entire terri

US nationals could overtake Chinese as most numerous foreign visitors to Korea

Korea getting more visitors from US than China, Japan, Taiwan in 2021

Is a year-end spending spree on the horizon?

As Korea anticipates ‘living with COVID,’ businesses are counting on pent-up demand