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Seoul stocks open lower on Fed chief's tapering comment, Evergrande falloutMarketsSept 23, 2021South Korean stocks opened steeply lower Thursday after the three-day Chuseok holiday, following comments by the US Federal Reserve's chief that it could start tapering its stimulus as early as Novem... -
S. Korea wary of market volatility from Evergrande woes, Fed's tapering: officialEconomySept 23, 2021South Korea plans to closely monitor financial markets as China Evergrande Group's debt problems and uncertainty about the Federal Reserve's tapering issue could increase market volatility, a senior ... -
Exports rise 23% in first 20 days of Sept.EconomySept 23, 2021South Korea's exports rose 22.9 percent on-year in the first 20 days of September on the back of robust demand for chips, petroleum products and autos, customs data showed Thursday. The country's ou... -
Listed firms' Q3 operating profit forecast to jump 49%EconomySept 23, 2021South Korea's listed companies are likely to see their earnings spike nearly 50 percent in the third quarter on brisk exports, a market tracker said Thursday. The combined operating income of 246 li... -
Major firms' dependence on overseas sales rises in H1 amid pandemicEconomySept 23, 2021Major South Korean companies' dependence on overseas markets for sales increased in the first half of the year amid the coronavirus pandemic, data showed Thursday. Combined overseas sales of the cou... -
Insurers' risk-based capital ratio gains in Q2EconomySept 23, 2021Insurance firms in South Korea saw their risk-based capital ratio rise in the second quarter of this year as they strengthened capital, data showed Thursday. The risk-based capital (RBC) ratio of lo... -
Top financial regulator urges market monitoring over Evergrande concernsMarketsSept 22, 2021South Korea's top financial regulator on Wednesday called for strengthening the monitoring of financial markets on concerns about a potential default by debt-laden property developer China Evergrande... -
![[Newsmaker] Kakao Pay faces renewed scrutiny ahead of IPO](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/09/22/20210922000222_0.jpg)
[Newsmaker] Kakao Pay faces renewed scrutiny ahead of IPOMoneySept 22, 2021Ant Group-backed financial technology firm Kakao Pay is facing renewed scrutiny ahead of its upcoming initial public offering as South Korea’s tech crackdown shows no signs of abating. Regulators’ t... -
ADB maintains S. Korea’s growth outlook at 4%, trims projection for AsiaEconomySept 22, 2021The Asian Development Bank on Wednesday maintained its previous 4 percent growth outlook for the South Korean economy this year, on the back of robust exports and mild recovery in private consumption... -
Eximbank to provide over $300m to Egypt for railway projectMoneySept 22, 2021The Export-Import Bank of Korea said Wednesday it will offer more than $300 million in loans to the Egyptian government’s railway modernization project. The state-run policy lender plans to supply a... -
Overseas stock transactions hit all-time high amid meme stock fadMarketsSept 22, 2021South Koreans’ transactions of foreign shares reached a new high in 2021 as retail investors rushed to trade meme stocks, data showed Wednesday. Domestic investors’ trading of overseas shares was va... -
![[Feature] How fans are turning favorite K-pop songs into investments](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/09/21/20210921000122_0.jpg)
[Feature] How fans are turning favorite K-pop songs into investmentsMarketsSept 21, 2021For instance, Music Cow, a platform for investing in K-pop songs, allows fans to buy shares to own partial copyrights to the song. There are two ways of investing in the song’s copyrights, according... -
NPS exposure to Japanese ‘war crimes companies’ reaches W1.57tr: lawmakerMoneySept 19, 2021The National Pension Service, Korea‘s largest public pension scheme, has 1.57 trillion won ($1.33 billion) exposure to stocks of what was labeled as “war crimes companies” during the World War 2, dat... -
FSS to appeal against court decision favoring Woori chairmanMoneySept 17, 2021Financial watchdog defies court ruling to hold financial institutions responsible for failing to protect consumers -
![[Newsmaker] More than 30 crypto exchanges expected to announce shutdown on Friday](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/09/17/20210917000559_0.jpg)
[Newsmaker] More than 30 crypto exchanges expected to announce shutdown on FridayMarketsSept 17, 2021Time ran out Friday for cryptocurrency exchanges to announce the closure of their services if they would not be operable after Sept. 24, marking a critical time that will decide the fate of many cryp...
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