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Finance ministry to deal swiftly with low birthrate

Ranking officials of the finance ministry held a meeting Sunday to come up with measures on tackling the country's chronic low birthrate in order to bolster growth potential. (Yonhap) Finance Minis...

Mar 4, 2018
Finance
Samsung’s stock split pushes bourse to minimize trading suspension

South Korea’s bourse operator is expected to ease regulations on stock split processes in the wake of market top cap Samsung Electronics’ latest decision to implement a first-ever stock split. Korea...

Mar 4, 2018
Finance
[Kosdaq Star] Netflix behind Studio Dragon’s upbeat Q1 forecast

This is the 51st in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. -- Ed. An upbeat forecast for the first quarter of this year appears to have catalyzed the ...

Mar 4, 2018
Finance
Foreigners receive record high dividends from top 10 conglomerates in 2017

Foreigners received an all-time high of dividend payouts from South Korea's 10 largest business groups last year, with the amount surpassing 7 trillion won ($6.46 billion) for the first time, industr...

Mar 4, 2018
Finance
Seoul shares expected to move in tight range next week

South Korean shares are expected to move up and down in a tight range as investors remain cautious on lingering uncertainty over US monetary policy, analysts here said Saturday. The benchmark Korea ...

Mar 3, 2018
Finance
S. Korea's stock loans flirt with record high

Local investors are borrowing a large amount in loans to buy local stocks as the country's bourse has maintained a generally upward trajectory, despite a slump in the pace of growth, market data show...

Mar 3, 2018
Finance
[Newsmaker] Moon Jae-in retains central bank head

President Moon Jae-in retained on Friday Lee Ju-yeol, the incumbent Bank of Korea Gov. and the head of Monetary Policy Committee, to serve another four-years for the nation‘s central bank, sending th...

Mar 2, 2018
Finance
Kospi tumbles on renewed US protectionism threats

South Korea‘s top-tier stock market Kospi retreated 1 percent on Friday, while the local currency strengthened, in part on fears over heightening tariff threats by US President Donald Trump triggerin...

Mar 2, 2018
Finance
Korean steel exports to take hit on proposed US tariffs

Korea avoided the worst case scenario of being slapped with duties of up to 53 percent on steel exports to the United States, but it will invariably take a hit if fresh duties are put in place, indus...

Mar 2, 2018
Finance
Brokerages' net profit hits 10-year high

´South Korean brokerages’ combined yearly net profit in 2017 hit a 10-year high, mainly on the back of a stock market boom that led to an upshot in revenue from brokerage fees and trades of shares an...

Feb 27, 2018
Finance
Global anti-money laundering body briefed on Korea's obligations on cryptocurrency

Korea's financial regulator has briefed a global anti-money laundering body on its obligations related to cryptocurrency transactions to tackle money laundering, officials said Monday. Korea's anti-...

Feb 26, 2018
Finance
Assets under management in Korea hit record high in 2017

South Korean financial firms’ assets under management hit a record high of 950 trillion won ($880.9 billion) in 2017, up 4.7 percent from the previous year, data showed Sunday. The hike in the volum...

Feb 25, 2018
Finance
[Herald Interview] Corda eyes private, inclusive global banking network: R3 chief engineer

Distributed ledgers like the blockchain system are increasingly setting a new standard for paperwork-free global banking in various financial areas, such as the management of a cash pool for currency...

Feb 25, 2018
Finance
Hana Financial seeks further momentum from non-banking biz

After enjoying a prosperous 2017, South Korea’s financial players are now facing a challenging year ahead, amid escalating competition in the digital financing sector, government pressure on househol...

Feb 21, 2018
Finance
Korea-Japan political gridlock haunts currency swap renewal: BOK Gov.

Bank of Korea Gov. Lee Ju-yeol said Tuesday that while lingering political deadlock has held back talks to renew a currency swap deal with Japan, Korea would not be rushing it, during his visit to Zu...

Feb 21, 2018
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 : Shin Chang Hoon
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