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Finance
S. Korea's bond issuance falls in March
Economy
Apr 9, 2021
Bond issuance in South Korea shrank in March from the previous month due mainly to a tumble in corporate debt sales, industry data showed Friday. The value of bonds sold in Asia's fourth-largest eco...
State deposit insurer KDIC sells 2% stake in Woori Financial
Markets
Apr 9, 2021
The state-run Korea Depository Insurance Corp. (KDIC) said Friday it sold a 2 percent stake in Woori Financial Holdings Co. as part of efforts to recoup taxpayer money injected into the company. The...
S. Korea needs preemptive anti-inflation steps: senior official
Economy
Apr 9, 2021
South Korea needs to take preemptive measures to cope with escalating concerns over inflation, a senior government official said Friday. The remark by First Vice Finance Minister Lee Eog-weon comes ...
Seoul stocks open tad higher on hopes for global economic recovery
Markets
Apr 9, 2021
South Korean stocks opened higher Friday, tracking overnight Wall Street gains amid growing hopes for a global economic recovery. The benchmark Korea Composite Stock Price Index (KOSPI) rose 3.25 po...
Bitcoin on rollercoaster ride amid government warnings
Markets
Apr 8, 2021
Bitcoin prices remained unstable Thursday after falling more than 10 percent late Wednesday in a roller-coaster movement that coincided with the government’s warning and a widening price gap with ove...
Seoul stocks up for 6th day on global recovery hope
Markets
Apr 8, 2021
South Korean stocks gained for a sixth consecutive session Thursday amid global economic recovery hope. The Korean won fell against the US dollar. After choppy trading, the benchmark Korea Composite...
New Seoul Mayor's deregulation pledge excites market, draws concerns
Markets
Apr 8, 2021
Oh likely to push for development of high-rise apartments in city, sparking concerns from central government
S. Korean households’ stock investment hits record-high
Economy
Apr 8, 2021
South Korean households spent a record-high net 83.3 trillion (74.5 billion) won in stock investment last year, central bank data showed Thursday, but their borrowing also surged to an unprecedented ...
Oh’s election win likely to boost construction shares
Markets
Apr 8, 2021
Construction businesses in the South Korean stock market are likely to benefit from an election win by Seoul Mayor Oh Se-hoon over his pledges focusing on housing redevelopment plans. “Based on plan...
Exports tipped to expand 18.1% in 2021: think tank
Economy
Apr 8, 2021
South Korea's exports are expected to expand 18.1 percent on-year in 2021 to set a fresh record high on the back of global economic recovery from the COVID-19 pandemic, a think tank said Thursday. O...
‘Korea’s private equity market hindered by chaebols’
Markets
Apr 8, 2021
Foreign investors have a hard time navigating South Korea’s “unique” private equity investment landscape, having to face obstacles such as family-run conglomerates’ dominance in the domestic industry...
State pension operator cuts number of big-stake firms in Q1
Economy
Apr 8, 2021
South Korea's state pension operator reduced the number of listed firms in which it has a stake of 5 percent or more in the first quarter of the year, a financial information provider said Thursday. ...
Samsung Asset, Manulife IM ink strategic alliance
Markets
Apr 8, 2021
Seoul-based Samsung Asset Management and Canadian counterpart Manulife Investment Management have signed a memorandum of understanding for the bilateral strategic alliance, Samsung Asset said Thursda...
Short-term bond sales dip 7.2% in Q1
Economy
Apr 8, 2021
Sales of short-term corporate bonds in South Korea sank more than 7 percent in the first quarter of the year amid the coronavirus pandemic, data showed Thursday. Local companies issued 257.2 trillio...
Households' excess funds more than double in 2020 amid pandemic
Economy
Apr 8, 2021
Excess funds held by South Korean households and nonprofit agencies more than doubled in 2020 from a year earlier due mainly to an extended slump in private consumption amid the COVID-19 pandemic, th...
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COVID-19 vaccines are coming, government tells pandemic-weary Koreans
McDonald's to release BTS meal in nearly 50 countries
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[News Focus] Marriages between Koreans, foreigners at 5-year low
New virus cases back to over 700; vaccination drive to ramp up
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'Comfort women' loses lawsuit against Tokyo over wartime sexual slavery
[Newsmaker] Were they ever gone?
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[Exclusive] SK Telecom plans M&A, foray into nonmemory chip market: CEO
[Herald Interview] When your whole family gets COVID-19
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Artworks held by late Samsung chairman likely to be donated to MMCA, National Museum of Korea
New virus cases in 700s for 2nd day; vaccinations set to top 2m
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