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S. Korea's data industry grows 14% in 2020EconomyJan 19, 2021South Korea's data industry expanded more than 14 percent in 2020 from a year earlier to exceed the 19 trillion won level, a survey showed Tuesday. The local market for data stood at 19.3 trillion w... -
S. Korean exports to Japan dip 11.7% in 2020 on pandemicEconomyJan 19, 2021South Korean exports to Japan shrank nearly 12 percent in 2020 from a year earlier due to the fallout of the coronavirus pandemic, data showed Tuesday. Overseas shipments to the neighboring country ... -
Court ruling on Samsung heir adds to stock woesMarketsJan 18, 2021South Korea’s stock market was dealt a further blow following a conviction of Samsung group heir apparent Lee Jae-yong on Monday, with large-cap stocks posting bigger losses. This comes as a recent ... -
Hyundai Motor chairman sees March stock buy triple in valueMarketsJan 18, 2021Stocks in carmaker Hyundai Motor and its auto parts-making affiliate Hyundai Mobis that Hyundai Motor Group Chairman Chung Euisun bought during the peak of the coronavirus crisis last year have tripl... -
![[Feature] Fear of missing out: Psychology behind Kospi rally](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/01/18/20210118000851_0.jpg)
[Feature] Fear of missing out: Psychology behind Kospi rallyMarketsJan 18, 2021Relative deprivation, changes in investment platform push retail investors to study, bet on markets night and day -
Seoul stocks dip over 2% on Samsung, bio stocksMarketsJan 18, 2021South Korean stocks tumbled more than 2 percent Monday amid strong profit-taking sell-offs and a plunge in Samsung affiliates. The Korean won fell against the US dollar. The benchmark Korea Composit... -
Singapore’s Prestige Biopharma eyes Feb. IPO on KospiMarketsJan 18, 2021Prestige Biopharma, a Singapore biopharmaceutical firm dedicated to biosimilars and new antibody therapeutic developments, said Monday it is looking to raise as much as 490.9 billion won ($444.5 mill... -
Residents' foreign currency deposits touch new high in December last yearEconomyJan 18, 2021Foreign currency deposits at banks in South Korea hit a new high in December last year on increased retail holdings of the US dollar deposits, central bank data showed Monday. Outstanding foreign cu... -
Seoul stocks open sharply lower on profit-takingMarketsJan 18, 2021South Korean stocks opened steeply lower Monday as foreign and retail investors sold local stocks to take profits. The benchmark Korea Composite Stock Price Index lost 42.26 points, or 1.37 percent,... -
Robo-advisers thrust in spotlight amid coronavirus pandemicMarketsJan 17, 2021The amount of funds entrusted to South Korea’s three leading robo-adviser firms exceeded 1 trillion won ($906 million), highlighting the fast growth of non-face-to-face investment services during the... -
Industrial shift to heat up Korea’s M&A market: expertsMarketsJan 17, 2021Investment banks keeping close eye on Yogiyo ‘megadeal’ -
Woori Financial chief pledges to innovate like Amazon, GoogleMoneyJan 17, 2021Woori Financial Group Chairman Sohn Tae-seung has urged the group‘s subsidiaries to gear up for business innovation this year by benchmarking global tech giants Amazon and Google, officials said Sund... -
Biz outlook for refiners, chipmakers bright this year: pollEconomyJan 17, 2021A majority of South Korean manufacturing companies expect their business conditions to stay in positive terrain this year, led by a recovery in the refining, chipmaking and bio sectors amid the virus... -
Retail investors emerge as big players in stock marketsMarketsJan 17, 2021South Korean retail investors have emerged as deep pockets in the stock market, pouring in more than 100 trillion won ($90.6 billion) since early last year, data showed Sunday. Individual investors ... -
KKR's Asia fund underscores hope for real asset recoveryMarketsJan 15, 2021The announcement of two fund closures by US investment firm KKR this week highlighted its anticipation for real asset recovery in the Asia-Pacific region, including South Korea. KKR on Wednesday clo...
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