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Regulator bolsters guidelines on equity-tied securities to better protect investors

The financial watchdog said Monday it has strengthened guidelines on sales of equity-tied securities to better protect investors. Equity-linked securities, which are hybrid debt securities whose ret...

Dec 17, 2018
Finance
US monetary policy change has little impact on commodity-importing S. Korea: report

A change in US monetary policy has relatively little impact on commodity-importing countries, like South Korea, a report said Monday. According to the report published by the Bank of Korea, when the...

Dec 17, 2018
Finance
Govt. to expand loan programs to include people with worst credit scores

The government plans to offer loans to people with the lowest credit ratings as a way to save them having to borrow from loan sharks, officials said Monday. Financial authorities operate a number of...

Dec 17, 2018
Finance
Delisting of pharma firm sparks debate on market fairness

The South Korean market operator’s decision to delist a local pharmaceuticals company is raising questions about the fairness in authorities’ action against firms accused of accounting errors, with i...

Dec 16, 2018
Finance
Korea, partners amend regional financial safety net

South Korea, China, Japan and their partners in Southeast Asia amended a regional financial safety net on Friday in the latest move to better cope with possible financial crises. The agreement was r...

Dec 14, 2018
Finance
Korean banks' foreign-currency deposits soar in Nov.

Foreign currency deposits at South Korean banks rose at the fastest pace in 12 months in November as people increased holdings of the weakening US dollar, central bank data showed Friday. The balanc...

Dec 14, 2018
Finance
Korean stock market on bull run on signs of trade war thaw

South Korea’s stock market benchmark indexes were moderately higher Thursday on signs of abating trade strife between the United States and China. The top-tier benchmark Kospi inched up 0.6 percent ...

Dec 13, 2018
Finance
Foreigners turn to net buyers in Korean bond market in Nov.

Foreign investors turned to net buyers in the South Korean bond market last month amid eased concerns over the US-China trade disputes, the central bank said Wednesday. Foreigners purchased a net $3...

Dec 12, 2018
Finance
Korea's money supply accelerates in Oct.

The money supply in South Korea grew at its fastest pace in 21 months in October on a steady rise in corporate lending, central bank data showed Wednesday. The country's M2 totaled 2,674.5 trillion ...

Dec 12, 2018
Finance
Regulator to help financial firms make inroads into overseas markets

South Korea's financial regulator said Wednesday it will provide more information to help local financial firms make inroads into overseas markets. The information includes the latest regulations an...

Dec 12, 2018
Finance
Korean golf course operator hits price ceiling on Jim Rogers nomination news

A listed South Korean golf course operator with a track record of doing business in North Korea hit the price ceiling Tuesday on anticipation that US business guru Jim Rogers had been nominated as th...

Dec 11, 2018
Finance
Kyobo Life Insurance seeks to go public next year

Kyobo Life Insurance, South Korea’s third-largest life insurance firm by total assets, announced Tuesday it would seek an initial public offering by the second half of next year to raise capital in t...

Dec 11, 2018
Finance
Banks' loan delinquency rate edges up in October

The delinquency rate for South Korean banks' won-denominated loans edged up in October due to a slight rise in the number of firms that failed to repay their debts, government data showed Tuesday. T...

Dec 11, 2018
Finance
KRX lifts suspension of Samsung BioLogics stock trading

The Korea Exchange, South Korea’s sole securities market operator, decided Monday to resume transactions of Samsung BioLogics shares, about a month after the company was slapped with a trading suspen...

Dec 10, 2018
Finance
Woori Bank opens 4th foreign banking center

Woori Bank, South Korea’s fourth-largest commercial bank by total assets, has opened its fourth foreign banking center in Gimpo, Gyeonggi Province, according to the bank on Monday. An internal view ...

Dec 10, 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 : Yang Sung-jin
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