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Watchdog to wrap up multitrillion won KIKO dispute review

FSS chief’s firm stance on banks’ liabilities likely to lead to additional legal battles

Jul 1, 2019
Finance
Families to be notified when seniors purchase financial products

Regulator seeks to provide double protection for vulnerable elderly customers

Jun 30, 2019
Finance
[Feature] Korean banks ready to work less but pressured to hire more

Starting Monday, local banks and financial companies come under the 52-hour workweek rule, becoming late starters in South Korea’s initiative to reduce long working hours and improve the quality of l...

Jun 30, 2019
Finance
Divorce news rattles Song-Song couple-related stocks

Entertainment shares and others related to “Descendants of the Sun” power couple, Song Joong-ki and Song hye-kyo, displayed a weak performance Thursday following the surprise announcement of their di...

Jun 27, 2019
Finance
S. Korea to maintain criteria for setting minimum wage

The Minimum Wage Council decided on Wednesday not to consider employers' ability to pay salaries in setting the minimum wage for next year. Business groups, mainly small firms and mom-and-pop stores...

Jun 26, 2019
Finance
Retired MLB pitcher hopes to give back as SparkLabs partner

Retired Major League Baseball pitcher Park Chan-ho is hoping to have a good influence on the South Korean startup ecosystem and give back to society as a venture partner of Seoul-based global acceler...

Jun 26, 2019
Finance
[News Focus] Government offloading Woori stakes to elevate holding company

The government’s latest decision to dispose of its remaining stakes in Woori Financial Holdings is seen as a turning point for South Korea’s financial sector, indicating the withdrawal of decadeslong...

Jun 26, 2019
Finance
[Best Brand] Shinhan Card seeks to cater to customers’ lifestyles

Shinhan Card/ Credit card Shinhan Card has maintained its position as the nation’s leading credit card issuer for years, but it now aims to go a step further by integrating its services with custome...

Jun 26, 2019
Finance
KRX helps Kosdaq firms deal with stricter audit law

The nation’s sole bourse operator has been running an accounting program that helps firms listed on the secondary bourse Kosdaq deal with the reinforced external audit act. According to the Korea Ex...

Jun 25, 2019
Finance
Finance chief asks banks to increase lending to smaller firms

South Korea's finance minister on Monday asked heads of major banks to increase lending to small and medium-sized firms as part of efforts to boost the economy. Hong Nam-ki, the minister of economy ...

Jun 24, 2019
Finance
Kospi to see relief rally ahead of G20 summit

South Korea’s benchmark Kospi ended higher on Monday, with cautious optimism that the US-China trade talks slated for later this week may help the index recover previously lost ground. It closed 0.0...

Jun 24, 2019
Finance
Woori acquires 65.7% stake in Kukje Asset Trust

Woori Financial Group has decided to acquire controlling stake of 65.7 percent in Kukje Asset Trust from its largest shareholder with approval from its board members, the company said Monday. The gr...

Jun 24, 2019
Finance
Entrepreneurs should learn how to hire and fire: Altos Ventures

YEOSU, South Jeolla Province -- For a startup to grow, entrepreneurs should learn how to hire decent staff and fire bad apples, said Han Kim, managing director of Silicon Valley-based venture capital...

Jun 23, 2019
Finance
Swiss scholars win Shin Research Excellence Award

A team of scholars from University of St. Gallen in Switzerland won the International Insurance Society’s 2019 Shin Research Excellence Award, endowed by Kyobo Life Insurance, the Korean insurer said...

Jun 23, 2019
Finance
S. Korean IPO capital exceeds W1tr in H1

The volume of capital raised through initial public offering in the South Korean stock market surpassed 1 trillion won ($863 million) in the first half of the year, data from the Korea Exchange showe...

Jun 23, 2019
Finance

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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