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![[AIIB] Finance leaders welcome AIIB delegates](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/06/15/20170615001117_0.jpg)
[AIIB] Finance leaders welcome AIIB delegatesMarketsJun 15, 2017Lee Dong-geol, chairman and CEO of the Korea Development Bank I extend my warm congratulations to the 2017 Asian Infrastructure Investment Bank Annual Meeting to be held in Jeju from Friday to Sunda... -
![[Photo News] Online banking upgrade](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/06/15/20170615000958_0.jpg)
[Photo News] Online banking upgradeMarketsJun 15, 2017 -
Fed hike dents Korean stock marketsMarketsJun 15, 2017South Korea’s stock markets dipped Thursday after the US Federal Reserve on Wednesday decided to raise its benchmark interest rate by 0.25 percent and shrink its balance sheet. The benchmark indexes... -
K bank meets annual goal in depositsMarketsJun 15, 2017K bank has drawn 520 billion won ($463.1 million) in deposits in total within less than three months since its launch, surpassing its annual goal, according to news reports Thursday. K bank, South K... -
Seoul stocks end lower after US Fed rate hikeMarketsJun 15, 2017South Korean stocks finished lower Thursday as institutional investors dumped major large cap shares to lock in recent gains, following the US rate hike, analysts said. The Korean won lost ground aga... -
Number of de facto unemployed people surpasses 700,000 for 1st time: dataEconomyJun 15, 2017The number of people preparing for jobs surpassed the 700,000 mark in May for the first time ever, data showed Thursday, amid the rising unemployment among young people. The figure surged to 735,000... -
![[Monitor] More preparing for jobs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/06/15/20170615001030_0.jpg)
[Monitor] More preparing for jobsEconomyJun 15, 2017The number of people preparing for jobs without actually seeking jobs surpassed 700,000 for the first time last month, according to Statistics Korea. Those preparing for jobs are categorized as econ... -
Korean finance minister has no immediate plan to raise income, corporate taxesEconomyJun 15, 2017South Korea's finance minister said Thursday that he has no immediate plan to raise income and corporate taxes, and seek other ways to support President Moon Jae-in's expanded fiscal role in creating... -
Home property value rises sharply on eased regulations: dataEconomyJun 15, 2017The property value of South Korean homes has risen sharply in recent years, data showed Thursday, amid the previous government's policy to prop up the country's housing market. The value of homes in... -
Asian countries show high receptivity to smart paymentMarketsJun 15, 2017South Korea, China and Southeast Asian countries appear to be open to adopting new ways of payment involving devices such as smartphones, wearables and other connected devices for greater convenience... -
Fed rate hike to worsen Korea’s household debtEconomyJun 15, 2017The US Federal Reserve’s interest rate hike is likely to worsen South Korea’s rising household debt problem, dampening domestic demand and possibly hurting exports to emerging markets, experts said T... -
![[Herald Interview] AIIB chief puts quality ahead of quantity in projects](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/06/15/20170615000483_0.jpg)
[Herald Interview] AIIB chief puts quality ahead of quantity in projectsMarketsJun 15, 2017The Asian Infrastructure Investment Bank, a China-backed multilateral development bank, aims to put the quality of projects ahead of quantity, the bank’s head said. Since launching with 57 signatory... -
Seoul ramps up efforts to improve Asia’s infrastructureEconomyJun 15, 2017As the fifth-largest stakeholder of the Asian Infrastructure Investment Bank, South Korea is ramping up efforts on multiple fronts in a bid to contribute to the improvement of Asia’s infrastructure. ... -
Seoul shares down in late morning on tech lossesMarketsJun 15, 2017South Korean stocks traded lower late Wednesday morning as institutions offloaded large-cap tech stocks in an apparent move to lock in profits, analysts said. The benchmark Korea Composite Stock Pri... -
Korea, US hold 1st forum on pending economic issuesEconomyJun 15, 2017South Korean and US business groups on Thursday held a forum to discuss pending economic issues and cooperative measures amid concerns Washington may become more protectionist going forward, organize...
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