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[Monitor] Impact of NK’s nuke test on value of won more significant last year

The depreciation of the won that is usually detected upon North Korea’s nuclear tests was more substantial last year, when Pyongyang conducted its seventh test in September, a report by the Bank of K...

Mar 25, 2018
Finance
[Herald Interview] Facing regulatory bar at home, QARASoft robo adviser heads overseas

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 12th installment. - Ed. Regulatory hurdles were high for local financial...

Mar 25, 2018
Finance
Overseas stock funds keep drawing money this year

South Korean funds for overseas stock investment have continued to attract money this year thanks to strong bourses in Vietnam, Brazil and other emerging markets, data showed Sunday. The net money i...

Mar 25, 2018
Finance
KOSPI takes big hit from Sino-US trade war

South Korea's key stock index had its biggest fall in more than six years on Friday in the wake of a brewing trade war between the United States and China, data showed Sunday. The benchmark Korea Co...

Mar 25, 2018
Finance
Bank mortgage rates gain in line with US rate rises

South Korean banks' mortgage rates have been on the rise over the past year in tandem with US rate hikes, market sources said Sunday. Those rates, charged on home-backed loans, are widely projected ...

Mar 25, 2018
Finance
Seoul shares to move in tight range next week amid protectionist concerns

South Korean shares are expected to move in a tight range next week as investors remain cautious due to growing concerns over trade protectionism by major economies. The benchmark Korea Composite St...

Mar 24, 2018
Finance
New NH brokerage arm CEO to bolster investment banking biz

The new chief executive of NH Investment & Securities said in a press conference Friday that he would bolster the securities firm’s investment banking division, in a move to maintain growth that bega...

Mar 23, 2018
Finance
New chief of Kosdaq committee vows to nurture ‘market of future’

‘Firms like Kakao or Celltrion might someday regret leaving the Kosdaq’

Mar 21, 2018
Finance
[Advertorial] Citibank Korea celebrates 1st year after launch of mobile UPL

Citibank Korea kicked off a customer event Monday to celebrate the first year since the launch of its unsecured personal loan product for salaried employees offered through its mobile app. As part o...

Mar 21, 2018
Finance
S. Korean investment in Vietnam soars 500% in 10 years: data

South Korean financial companies’ investments in Vietnam have grown by more than 500 percent over the past 10 years, in particular marking an uptick since last year, on the back of President Moon Jae...

Mar 19, 2018
Finance
FSC to grant financial firms easier access to databases

South Korea’s top financial policymaking body rolled out plans Monday to lower regulatory barriers for local financial firms to capitalize on databases accumulated in the public sector to improve the...

Mar 19, 2018
Finance
Douglas Min leads AIG Korea as CEO

Douglas Min has taken office as president and chief executive officer of insurer American International Group Korea, the firm said Monday. This came two weeks after a shareholders meeting approved a...

Mar 19, 2018
Finance
[Advertorial] Eximbank to inject 600m euros into Turkey’s landmark bridge project

Export-Import Bank of Korea will inject some 600 million euros ($739 million) into a 3.1 billion euro landmark project in Turkey, which involves SK Engineering & Construction and Daelim Industry, off...

Mar 18, 2018
Finance
[Kosdaq Star] K-pop giant S.M. enhances TV series production arm

This is the 52nd in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. -- Ed. K-pop juggernaut S.M. Entertainment has ramped up efforts to equip itself with TV se...

Mar 18, 2018
Finance
BOK chief expects let-up in housing price hikes

South Korea's housing price hikes are expected to moderate in Seoul and several nearby areas due to a rise in new homes and lending regulations, the central bank's chief said Saturday. "An increase ...

Mar 17, 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
Tel : 02.727.0114