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Head office of Samsung Securities raided in 'fat-finger' probe

Prosecutors raided the headquarters of Samsung Securities Co. on Monday as part of an investigation into last month's massive dividend error by an accidental stock issuance worth over 110 trillion wo...

May 28, 2018
Finance
Banks to adopt tougher mortgage rules in H2

All banks will be required to adopt tougher guidelines for mortgage loans in the second half of this year, officials said Sunday, in accordance with the government's latest push to curb household deb...

May 27, 2018
Finance
Banks to adopt unified authentication certificate in July

South Korean banks are planning to adopt a unified authentication certificate for online transactions in July to enhance customers' convenience, industry people said Sunday. Eighteen members of the ...

May 27, 2018
Finance
[Herald Interview] Crypto frenzy to give way to market sophistication

Alex Tapscott, co-author of best-seller ‘Blockchain Revolution,’ discusses post-crypto frenzy, opens up on working with his father on new edition

May 25, 2018
Finance
Stock market faces limited impact from summit collapse

Stocks related to inter-Korean businesses suffer, markets likely to experience volatilities next week, experts say

May 25, 2018
Finance
Cancellation of US-NK summit expected to have limited impact on S. Korean market: BOK

The recent cancellation of the US-North Korea summit will likely have a limited impact on the South Korean financial market, a senior central bank official said Friday. The Bank of Korea held an eme...

May 25, 2018
Finance
BOK freezes key rate on emerging market woes

South Korea’s central bank kept the interest rate steady at 1.5 percent for six straight months in a unanimous board decision Thursday, citing external uncertainties due to an upshot in capital influ...

May 24, 2018
Finance
CME sanctions Hana Financial Investment's derivatives trading

US exchange operator CME Group has immediately suspended South Korea’s brokerage Hana Financial Investment‘s access to electronic trading or clearing platforms and markets run by the US derivatives e...

May 23, 2018
Finance
Finance minister says Africa can greatly benefit from 4th industrial revolution

South Korea's top economic policymaker said Tuesday that Africa can greatly benefit from changes being brought on by the fourth industrial revolution. Finance Miniter Kim Dong-yeon (Yonhap) In a ga...

May 22, 2018
Finance
[Herald Interview] Gopax seeks to win back public trust in cryptocurrency

Up-and-coming exchange aims to change game with global network of comprehensive trade data

May 22, 2018
Finance
Korean banks to see eased regulation on offshore expansion

Banks in South Korea will see eased regulation when opening physical offshore units, as a revision bill gained approval from the Cabinet on Monday. (Yonhap) Following the revision of the Enforcemen...

May 21, 2018
Finance
Kospi-listed firms see higher indebtedness in 2017: KRX

Companies listed on South Korea’s top-tier stock market Kospi saw their debt-to-capital ratio come to 111.4 percent in 2017, up 0.9 percentage point on-year, data showed Monday. (Yonhap) The combin...

May 21, 2018
Finance
Sizable number of companies struggling to repay debt: think tank

A sizable number of South Korean companies are hard pressed to repay their outstanding debt with the profit they make, a situation that could expose them to more risks amid a steady rise in interest ...

May 20, 2018
Finance
Loan-deposit spread of local banks hit 3 1/2 year-high in Q1: BOK

The average loan-deposit spread of local lenders reached a 3 1/2 year high of 2.35 percent in the first quarter of this year, the central bank said Sunday. According to the Bank of Korea, the spread...

May 20, 2018
Finance
Woori Bank to become holding firm by 2019

Woori Bank Co., South Korea's third-largest commercial bank, said Sunday it will transform itself into a holding company by early next year to as part of effort to expand its business portfolio. Woo...

May 20, 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