The Korea Herald

Samsung Electronics shares hit all-time high on recovery hopes

MarketsJan 9, 2020

Samsung Electronics shares hit a record high Thursday on expectations of a faster-than-expected recovery in global chip demand and prices. The world's largest chipmaker closed at 58,600 won ($50.53)...
KOMSCO holds over 800 IP assets as of 2019

MarketsJan 9, 2020

The state-run Korea Minting and Security Printing & ID Card Operating Corp. added 69 new intellectual property assets in 2019, bringing its total to 830, officials said Thursday. The affiliated tech...
Shinhan Financial kicks off tailor-made fund with KKR

MarketsJan 9, 2020

Banking group continues efforts to expand alternative investment capacity
[News Focus] Government unemployment calculations face skepticism

EconomyJan 9, 2020

SEJONG -- Government officials actively publicized that the number of unemployed people aged between 15 and 29 and the corresponding unemployment rate had dropped during the Moon Jae-in administratio...
KDB, K-Growth to earmark W400b fund for supply chain autonomy

MoneyJan 9, 2020

South Korea‘s state-owned lender Korea Development Bank and state-led fund-of-funds management company Korea Growth Investment (K-Growth) are looking for partners to earmark a combined 400 billion wo...
World Bank trims 2020 global growth forecast amid slow trade recovery

EconomyJan 9, 2020

Reflecting the slower-than-expected recovery of trade, the World Bank has lowered its forecast for this year’s global economic growth pace by 0.2 percentage point, South Korea’s Ministry of Economy a...
Economic slump shows signs of easing: KDI

EconomyJan 9, 2020

South Korea's economy remained sluggish in November due to a slump in manufacturing and investment, but the slump showed signs easing as business confidence improved, a state-run think tank said Thur...
BOK Gov. Lee to attend BIS meeting

EconomyJan 9, 2020

The head of South Korea's central bank will head to Switzerland this week to attend a Bank for International Settlement meeting, the Bank of Korea said Thursday. BOK Gov. Lee Ju-yeol will head to Ba...
Kakao hits yearly high on Q4 earnings hope

MarketsJan 9, 2020

Shares of Kakao Corp., the operator of South Korea's largest messaging app, Kakao Talk, climbed to a yearly high on the Seoul bourse Thursday, helped by a rosy quarterly earnings outlook. Kakao stoc...
S. Korea faces more trade barriers amid growing protectionism

EconomyJan 9, 2020

South Korea faced more trade barriers last year amid growing protectionism around the globe spearheaded by the US-China trade war, with steel and chemical industries being primary victims, data showe...
[News Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?

MoneyJan 8, 2020

Antitrust agency’s review of $4b deal likely to redefine boundary of fast-evolving industry
Iran's retaliation dents Korean financial market

EconomyJan 8, 2020

Korea’s financial authorites bolster monitoring amid Iran’s retaliation
Stock market adds just 1 company to ‘W1tr club’ last year

MarketsJan 8, 2020

Without new listing firms, number of big caps fell
Minister confirms frontloading of public spending

EconomyJan 8, 2020

But government reduces amount of budget to be spent in first half, citing time constraints
SK hynix hits all-time high on improved market outlook

MarketsJan 8, 2020

Shares in SK hynix Inc., the world's second-largest DRAM maker, traded at an all-time high on Wednesday on expectations that the chipmaking sector is set to improve this year after bottoming out in t...