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BUSINESS

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LATEST NEWS
  • NK official arrives in Hanoi ahead of 2nd Trump-Kim summit
  • North Koreans pay tribute to Kim's father in freezing cold
  • Seoul's base taxi fare rises to 3,800 won
  • What North Korea could learn from Vietnam
  • Seoul shares expected to remain sluggish next week
  • JTBC chief questioned over alleged violence against freelance journalist
  • IOC President Bach welcomes joint Korean bid for 2032 Olympics
  • Close aide of N. Korean leader arrives in Beijing ahead of 2nd Trump-Kim su...
  • Koreas to field joint teams in 4 sports at 2020 Tokyo Olympics
  • Renault Samsung to face lower utilization rate after it stops
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  • Seoul emphasizes Korea is not a currency manipulator

    South Korea‘s finance minister said Friday that his country should not be regarded as a currency manipulator as it strives to enhance transparency in its currency market. Kim Dong-yeon made the argu...

    Oct 12, 2018

    Finance
  • Regulator to conduct more inspections into accounting practices at big firms

    The financial regulator said Friday it will conduct more inspections into accounting practices at big companies as part of its efforts to toughen rules on corporate accounting standards. In a report...

    Oct 12, 2018

    Finance
  • Korean stock markets take largest loss in 7 years on Wall Street plunge

    South Korea’s stock markets were routed Thursday following a plunge in stocks at Wall Street amid surfacing doubts about current tech stock valuations in the United States and fears on lingering US-C...

    Oct 11, 2018

    Finance
  • Govt. plans to cut maximum legal lending rate to 20%

    The government plans to gradually cut the maximum interest rate that private lenders can charge to 20 percent per annum, the financial regulator said Thursday. In a parliamentary audit meeting, Fina...

    Oct 11, 2018

    Finance
  • P2P lender 8Percent receives W6b investment

    The South Korean startup 8Percent, dedicated to peer-to-peer financing to individuals and small-sized business owners, announced Wednesday it had drawn a combined 6 billion won ($5.3 million) in inve...

    Oct 10, 2018

    Finance
  • [Newsmaker] KRX feels heat from calls to cut trading hours

    Debate persists over need to raise market liquidity versus concerns about excessive workload

    Oct 9, 2018

    Finance
  • Woori Bank to streamline loan evaluation of offshore units

    Woori Bank, South Korea‘s fourth-largest commercial bank by assets, said Monday it has created an office in Singapore to streamline loan evaluation of offshore units across Asia. The office, dubbed ...

    Oct 8, 2018

    Finance
  • IBK opens consulting service platform for startups

    The state-run Industrial Bank of Korea launched a consulting service platform to support small firms and startups last week, bank officials said. IBK said it opened IBK ChangGongong at its Guro bran...

    Oct 7, 2018

    Finance
  • Nation Pension loses 9.9 tln from stock investment through July

    The National Pension Service (NPS), the country's top institutional investor, lost a whopping 9.9 trillion won (US$8.7 billion) from stock investments through July this year, a lawmaker said Saturday...

    Oct 6, 2018

    Finance
  • Lendit to allow secondary market trading

    South Korea’s peer-to-peer financing startup Lendit said Thursday that it plans to allow investors and borrowers to trade notes that are not mature by establishing an online secondary market. Lendit...

    Oct 4, 2018

    Finance
  • BOK chief hints at rate hike

    South Korea's central bank chief on Thursday gave a strong signal for a possible rate hike later this month aimed at reducing the adverse effects from years of low borrowing costs. "Recently, the So...

    Oct 4, 2018

    Finance
  • Seoul, Gyeonggi homeowners to be virtually ineligible for additional mortgage loans

    South Korea’s financial authorities are reinforcing regulations to dissuade homeowners in Seoul from taking out loans to purchase additional residences, part of ongoing efforts to bring housing price...

    Oct 3, 2018

    Finance
  • [Herald Interview] True Short envisions ‘one-stop shop’ for short selling-related data

    The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 22nd installment. -- Ed. Foreign short selling activities on South Korea...

    Oct 2, 2018

    Finance
  • Financial audits drag on lackluster IPO market

    Longer-than-expected financial audits are posing hurdles to privately-held companies seeking initial public offerings on South Korea’s stock markets, amid a sharp fall in the volume of total investme...

    Oct 1, 2018

    Finance
  • Financial watchdog vows to eradicate phone scams

    South Korea's financial watchdog on Monday launched a fresh campaign to eradicate phone scams known as "voice phishing," calling for banks and other financial institutions to make more efforts to pro...

    Oct 1, 2018

    Finance
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The Korea Herald by Herald Corporation

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Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114