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S. Korea to launch M&A consultative body in response to Japan’s export curbs

South Korea’s financial authorities said Wednesday they plan to launch a consultative body by the end of the month to help local firms seeking mergers and acquisitions that could reduce the country’s...

Aug 7, 2019
Finance
CarrieSoft to be listed on Kosdaq this month

CarrieSoft announced Tuesday that it plans to get listed on South Korea’s secondary bourse Kosdaq on Aug. 23. The firm first began with the YouTube channel “Carrie and Toys” in 2014 and exclusively ...

Aug 6, 2019
Finance
Kospi dips under 1,900 for first time in 3 years

Market anxiety escalates with Korea-Japan, US-China trade wars, NK missile tests

Aug 6, 2019
Finance
Korean won dips further amid looming currency war

The South Korean won continued to sink to new lows against the US dollar Tuesday amid escalating trade tensions between the world's two largest economies that now appear to be set to include a curren...

Aug 6, 2019
Finance
Korea's current account surplus surges to 8-month high in June

South Korea's current account surplus reached an eight-month high in June on a goods account surplus and record high returns from foreign investment, central bank data showed Tuesday. The country's ...

Aug 6, 2019
Finance
KRX halts trading on Kosdaq as it breaches 600 points

South Korea’s secondary bourse Kosdaq sank below the psychologically important 600-point threshold for the first time in 17 months on Monday, triggering the stock exchange to temporarily halt trading...

Aug 5, 2019
Finance
Bourse operator halts program trading as Kosdaq plunges

Program trading of shares listed on South Korea's secondary Kosdaq market was briefly halted Monday as the market's index plunged over global trade disputes, the bourse's operator said. Program trad...

Aug 5, 2019
Finance
S. Korea to expand state budget to cope with Japan’s trade curbs

Ruling party, govt agree to add at least W1tr to next year’s state budget in counteraction

Aug 4, 2019
Finance
Seoul stocks dip to 7-month low, Korean won sinks amid escalating trade tensions

South Korean stocks sank to finish below the psychologically important 2,000-point threshold Friday, by falling 1 percent, in the face of escalating trade tension between its two largest trading part...

Aug 2, 2019
Finance
BOK vows market stabilization efforts amid escalating trade tensions

The Bank of Korea said Friday that it will remain vigilant against any potential volatility in local financial markets caused by escalating trade tension with Japan. "(The BOK) believes there is a p...

Aug 2, 2019
Finance
Seoul stocks open lower on trade tensions

Seoul stocks opened sharply lower Friday as Japan is set to remove South Korea from its list of trusted trading partners later in the day and a trade row between the United States and China is escala...

Aug 2, 2019
Finance
Kospi to plunge below 2,000 on prolonged Korea-Japan trade spat

South Korea’s benchmark Kospi is projected to dip below the psychologically important 2,000 mark, if escalating trade tensions with Japan are prolonged, a report released by a local brokerage firm sa...

Jul 30, 2019
Finance
Shinhan Financial raises $500m via debt sale

Shinhan Financial Group Co., a major financial holding firm in South Korea, said Tuesday it has raised $500 million by selling sustainability bonds. Sustainability bonds are floated to exclusively f...

Jul 30, 2019
Finance
Financial groups see earnings boost in H1 despite sluggish market

Banking groups prolong profit boom but face market challenges in H2 amid slow growth, lower interest rates

Jul 28, 2019
Finance
Woori acquires Kukje Asset Trust to beef up nonbanking sector

Woori Financial Group said Friday it has acquired Kukje Asset Trust, a local real estate trust company, in an effort to boost its nonbanking portfolio. The financial holding firm signed a stock purc...

Jul 26, 2019
Finance

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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