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Seoul stocks open lower on virus concerns, profit-takingEconomyJan 5, 2021South Korean stocks opened lower Tuesday, tracking overnight Wall Street losses over jitters from the coronavirus pandemic. The benchmark Korea Composite Stock Price Index (KOSPI) fell 2.28 points, ... -
Spending on alcohol, tobacco hits record high in Q3 amid pandemicEconomyJan 5, 2021South Koreans' spending on liquor and cigarettes reached an all-time high in the third quarter of 2020 amid the coronavirus outbreak, central bank data showed Tuesday. Local households spent 4.3 tri... -
SK Biopharm shares slump as lock-up expiresMarketsJan 4, 2021SK Biopharmaceuticals shares plummeted as much as 10 percent Monday as almost 5 million shares were released after a lock-up period. Shares in the pharmaceutical company declined 8.58 percent to clo... -
Stock rally nears turning point as Kospi market cap tops W2,000trMarketsJan 4, 2021Stock analysts began to look for signs that the current bull market will end its run, as stocks in South Korea got started the year strongly on Monday, setting yet another all-time high on the first ... -
K bank upgrades mobile app for tailored servicesMarketsJan 4, 2021K bank, South Korea’s first internet-only bank, said Monday that it had revamped its mobile application to provide tailored services to its customers. Designed as a personal finance platform, the ap... -
Market leaders call for innovation, risk management amid lingering uncertaintyMarketsJan 4, 2021He added that the company would keep making efforts to expand its global presence, manage potential risks beforehand, seize opportunities in new segments while using emerging technology, such as arti... -
Banking groups face challenge as pandemic-led digitalization acceleratesMarketsJan 4, 2021In New Year’s messages, heads of financial giants say digital transformation is priority -
S. Korean builder sentiment falls in Dec. amid coronavirus resurgenceEconomyJan 4, 2021South Korean builders' business sentiment edged down in December from a month earlier due to a resurgence of coronavirus infections, a poll showed Monday. The construction business survey index (CBS... -
S. Korea targets 3.2% growth, housing market stabilization in 2021EconomyJan 4, 2021Finance Minister Hong Nam-ki on Monday reiterated the government’s commitment for economic growth of 3.2 percent this year and stressed its drive to stabilize soaring housing price at the same time. ... -
S. Korea's FTA networks set to further expand in 2021EconomyJan 4, 2021South Korea's free trade deals may further increase this year in line with its efforts to revitalize its ailing pandemic-hit exports and cope with the growing protectionism around the globe, a trade ... -
More efforts to be focused on stabilizing housing market this year: finance ministerEconomyJan 4, 2021Finance Minister Hong Nam-ki said Monday that the government will spare no efforts this year to stabilize housing prices that have been rising despite a series of measures to cool down the property m... -
Seoul stocks open higher on 1st day of 2021MarketsJan 4, 2021South Korean stocks kicked off higher Monday, the first session of the new year, led by strong chip and auto gains. The benchmark Korea Composite Stock Price Index (KOSPI) rose 4.48 points, or 0.16 ... -
S. Korea's wine imports hit new high in 2020 amid coronavirus outbreakEconomyJan 4, 2021South Korea's wine imports soared to a record high in 2020 as more people enjoyed drinking and partied at home due to the coronavirus outbreak, government data showed Monday. South Korea imported $2... -
Number of delisted firms quadruples in 2020MarketsJan 4, 2021The number of companies delisted from the South Korean stock market rose fourfold in 2020 from the previous year due to poor financial health or other reasons, data showed Monday. A total of 16 firm... -
![[Market Close-up] Korean market gains momentum from individual investors](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/01/03/20210103000126_0.jpg)
[Market Close-up] Korean market gains momentum from individual investorsMarketsJan 3, 2021Increased liquidity, tightened housing regulations, and anticipation of post-pandemic recovery to attract more ‘ant warriors’ to equity investment in 2021
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