The Korea Herald

Citibank expands WM service in Korea

Mar 26, 2017

Citibank Korea has been expanding its global network-based wealth management service to differentiate its customer service in the South Korean financial market, the bank said Sunday. The Korean unit...
Deloitte Anjin gets 1-year new business suspension

Mar 24, 2017

DSME says it expects turnaround this year with focus on specialty vessels
'Transformed' FKI vows to boost transparency, take on more think tank role

Mar 24, 2017

The Federation of Korean Industries, the largest lobby body for large companies here, said Friday that it would boost transparency and switch to the role of a think tank for the corporate sector. Hu...
Korea to sell W8tr state bonds in April

Mar 24, 2017

South Korea plans to sell 8 trillion won ($7.1 billion) worth of state bonds next month, the finance ministry said Friday. The government will issue 1.85 trillion won worth of bonds with a maturity ...
Seoul stocks fall on foreign sell-off

Mar 24, 2017

South Korean stocks fell Friday as foreign investors remained net sellers of local stocks, with sentiment partly subdued after Samsung Electronics said it may have to delay adopting a holding company...
Korea to improve accuracy of financial estimates for 8 public insurances

Mar 24, 2017

South Korea will carry out an integrated assessment of its eight public insurances' long and mid-term financial estimates in 2018 in a way to better deal with their potential deficit due to the count...
Korean shares down, led by Samsung Electronics

Mar 24, 2017

South Korean shares traded lower late Friday morning, weighed by Samsung affiliates after Samsung Electronics said it will be difficult to adopt a holding company structure at present. The benchmark...
Seoul stocks start higher on foreign buying

Mar 24, 2017

South Korean shares opened slightly higher Friday, as foreign investors remained net buyers of local stocks. The benchmark Korea Composite Stock Price Index rose 3.44 points, or 0.16 percent, to 2,1...
Samsung stock funds shine on Samsung Electronics rally

Mar 24, 2017

Local funds investing in stocks of Samsung Group units have pulled off stellar performances this year on a surge in top-cap Samsung Electronics Co., far outperforming the overall stock market, data s...
Korea's financial system remains resilient

Mar 24, 2017

South Korea's financial system remains resilient despite increased risks stemming mostly from rising household debt, the country's central bank said Friday. The country's outstanding household credi...
Half of Kospi listed firms see shares slide

Mar 23, 2017

Despite Samsung Electronics’ rally on the nation’s main bourse, more than half of listed firms are suffering from falling share prices this year. According to Korea Exchange, which operates the bour...
Mirae Asset’s global ETFs exceed W15tr in assets

Mar 23, 2017

Mirae Asset Global Investments said Thursday its exchange-traded funds around the globe have exceeded 15 trillion won ($13.4 billion) in assets under management as of the end of February. The asset ...
Seoul stocks inch up on foreign, institutional buying

Mar 23, 2017

South Korean stocks rose slightly Thursday on the back of net purchases by foreign and institutional investors, ahead of a US healthcare vote that will demonstrate US President Donald Trump's ability...
Seoul stocks start higher on Wall Street gains

Mar 23, 2017

South Korean shares opened higher Thursday, taking their cue from overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index rose 2.77 points, or 0.13 percent, to 2,171.07 in th...
More than 70% of ranking officials see assets increase in 2016

Mar 23, 2017

Despite the economic slowdown, more than seven out of 10 South Korean lawmakers and high-ranking civil servants saw their wealth rise last year due mainly to an increase in the value of their real es...