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Airline stocks fall on Boeing 737 Max storm

Hit by waves of concern prompted by last week’s deadly crash of a Boeing 737 Max 8 jet and a possible spike in oil prices, South Korean airline stocks took a dive throughout Wednesday’s trading. Asi...

Mar 20, 2019
Finance
[Herald Interview] Yulchon M&A lawyer predicts ‘new wave’ in Indonesia

For decades, lawyer Yoon Hee-woong has built his career providing legal advice for corporations. Since joining the South Korean law firm Yulchon in 2000, he has been paving the way for large busines...

Mar 19, 2019
Finance
Talks for alternative trading system rekindle in Korea

Companies have recently restarted discussions on creating an alternative trading system in South Korea, encouraged by the government and financial sector’s moves to encourage more active trading. Ne...

Mar 19, 2019
Finance
S. Korea’s banks see 22.2% rise in overseas profits in 2018

The overseas branches of South Korean banks last year saw their profit climb 22.2 percent on-year, reflecting the rise in interest income, data showed Tuesday. According to market watchdog Financial...

Mar 19, 2019
Finance
Toss app operator, Kiwoom Securities vie to become Korea’s 3rd internet-only bank

Eclectic makeup of two consortiums reflect trend of merging fintech with lifestyle spending

Mar 19, 2019
Finance
Overseas securities firms struggle in S. Korea

Overseas financial firms are losing their grip on the South Korean securities market, and their lackluster performance is making possible newcomers nervous amid concerns there will a mass withdrawal ...

Mar 18, 2019
Finance
Kyobo Life IPO in peril as FIs issue ultimatum

Chairman Shin Chang-jae struggles to block put option

Mar 18, 2019
Finance
Major banking groups kickstart annual shareholders meetings

South Korea’s major banking-finance groups are kicking off their annual shareholders meetings this week, with projections of smooth proceedings to formalize predetermined events including the appoint...

Mar 18, 2019
Finance
Korea introduces AI app that auto-detects ‘voice phishing’ scams

Starting this week, South Korea’s financial watchdog is rolling out an artificial intelligence app for mobile devices that automatically detects “voice phishing” scams – a crime that last year conned...

Mar 17, 2019
Finance
Seoul shares expected to make limited gains next week

South Korean stocks are expected to move in a tight range next week as investors await the US Federal Reserve's rate decision amid ongoing trade talks between Washington and Beijing, analysts said Sa...

Mar 16, 2019
Finance
Kumho Tire to delist from London bourse

South Korea’s second largest tire maker Kumho Tire has decided to delist its shares from the London Stock Exchange for cost efficiency, the firm said in a regulatory filing Friday. Its 76,034 shares...

Mar 15, 2019
Finance
[Newsmaker] Prosecutors raid Seoul bourse on Samsung’s accounting probe

Prosecutors raided South Korea’s main bourse on Friday, as part of a probe concerning the accounting fraud by Samsung BioLogics. Officials of the Seoul Central District Prosecutors’ Office were sent...

Mar 15, 2019
Finance
KB Kookmin Bank, M. Chat collaborate in Seoul art performance

M. Chat -- the grinning yellow cartoon cat created by renowned French graffiti artist Thoma Vuille -- has arrived in South Korea via a collaborative partnership with KB Koomin Bank, one of the countr...

Mar 14, 2019
Finance
Hyundai Card to provide IT system for IBM Japan affiliate

Hyundai Card, South Korea’s credit card service provider, has been selected to provide its cloud-based credit card IT system to an affiliate of IBM Japan, the firm said Thursday. Exa Systems, a Japa...

Mar 14, 2019
Finance
Homeplus cancels REIT IPO

South Korean hypermarket chain operator Homeplus said Thursday it has scrapped its plans to list its REIT on the nation’s main bourse, dissolving all anticipations surrounding what was expected to be...

Mar 14, 2019
Finance

The Korea Herald by Herald Corporation

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