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Remittance startup Sentbe steps up operation in Vietnam

South Korean remittance startup Sentbe said Tuesday it has signed a memorandum of understanding with Vietcombank Remittance. The move will allow recipients to pick up wired money in an hour on avera...

Aug 7, 2018
Finance
Kyobo Life’s insurance for education cost celebrates 60 years

South Korea’s Kyobo Life Insurance has launched a variable life insurance product that covers an individual’s education expenses for college in line with the company’s original philosophy, the firm s...

Aug 6, 2018
Finance
S. Korea's current account surplus reaches $7.38 b in June

Korea's current account surplus continued its upside mode in June on an improved goods account surplus and reduced travel deficit, central bank data showed Friday. The country's current account surp...

Aug 3, 2018
Finance
Duped investors vent anger, with losses, remorse of ‘treasure ship scam’

Before it backtracked, the claim of a South Korean company that it had discovered a “treasure battleship” in South Korean territorial waters was a ray of hope for digital asset investors in search of...

Aug 2, 2018
Finance
Bank of Korea moves to allow payment with QR codes

South Korea’s central bank on Tuesday unveiled plans to create an equivalent to China’s Alipay or WeChat Pay by the first half of 2019, in a move to cut “social costs” of consumers and merchants caus...

Jul 31, 2018
Finance
P2P lenders’ repayment on Tera Funding tops W200b

Peer-to-peer borrowers on South Korean lending platform Tera Funding had repaid 202.4 billion won ($180.6 million) in loans without becoming overdue, as of end-June, according to the startup on Monda...

Jul 30, 2018
Finance
[Advertorial] Citibank Korea Awarded ‘Best Foreign Bank in Korea’ by FinanceAsia

Citibank Korea was named "Best Foreign Bank in Korea" in 2018 FinanceAsia Country Awards, a prestigious financial magazine. Citibank Korea has won the award a total of nine times between 2008 and thi...

Jul 30, 2018
Finance
[Kosdaq Star] Asia Pacific Satellite to ride 5G momentum

This is the 59th in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. -- Ed. Asia Pacific Satellite, a communications satellite hardware manufacturer based in Se...

Jul 30, 2018
Finance
Samsung Securities fined W144m, imposed suspension over dividend fiasco

Samsung Securities on Thursday was fined 144 million won ($128,500) and imposed a six-month suspension for parts of its business by the financial authorities over a failure to prevent a dividend fias...

Jul 26, 2018
Finance
Samsung Securities steps up efforts for NK investment opportunities

South Korean brokerage house Samsung Securities is stepping up its support of foreign investors seeking investment opportunities in North Korea. The efforts are being spearheaded by the securities f...

Jul 26, 2018
Finance
SC Bank Korea’s Miles card targets young customers

To the young generation increasingly placing work-life balance over career progression or income, an airline miles credit card could be attractive to those who make more overseas trips, Standard Char...

Jul 25, 2018
Finance
[Herald Interview] DeepSearch spearheads financial data analytics

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 19th installment. -- Ed. Offshore institutional investors have often com...

Jul 24, 2018
Finance
Kospi undergoes most bearish H1 in 5 years

The Kospi, a benchmark index representing South Korea’s top-tier market, experienced the most bearish first half this year in five years, data showed Monday. From January to June, the Kospi fell 5.7...

Jul 23, 2018
Finance
[Herald Interview] Small-cap index can ‘reduce risk’ as long as qualities are checked

S&P DJI executive says ‘earnings screening’ can ensure quality of small-cap indexes

Jul 22, 2018
Finance
30 richest stockholders' share value tumbles this year

South Korea's 30 richest stockholders have lost more than 10 trillion won ($8.81 billion) combined in the value of their shares this year amid a bearish equities market, data showed Sunday. As of la...

Jul 22, 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