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Issuance of gift certificates accounts for more than half of central bank's printed money in 2016EconomyOct 22, 2017The total value of gift certificates issued in South Korea last year accounted for more than 50 percent of the country's money printed by the central bank, a report showed Sunday. Some 11.3 trillion... -
Shares of Samsung Electronics held by chairman's family rise this yearMarketsOct 22, 2017Shares of Samsung Electronics Co. held by the chairman's family rose 1.55 percentage points this year, mainly due to the cancellation of treasury shares, official data showed Sunday. Data by the Fin... -
Land-for-permanent residency policy for foreigners not working: lawmakersMarketsOct 20, 2017South Korea has been offering permanent residencies to foreigners who buy and keep real estate in designated areas as part of its push to foster nonmetropolitan zones, but it has so far benefited onl... -
Korea's tax rate will be 5th highest under gov't planEconomyOct 20, 2017South Korea's tax rate will rise to be the fifth highest among major economies if the incumbent Moon Jae-in administration follows through on its plans to collect more dues from very big companies, a... -
![[News Focus] Why are investors shunning small-caps on Kospi?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/10/19/20171019001043_0.jpg)
[News Focus] Why are investors shunning small-caps on Kospi?MarketsOct 19, 2017Record market rallies in South Korea, mainly spurred by large-cap stocks such as Samsung Electronics on their upbeat earnings forecast, have highlighted that investors are less drawn to small cap sto... -
![[Herald Interview] ‘Korea should take leadership in the world intellectual property sector’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/10/19/20171019000804_0.jpg)
[Herald Interview] ‘Korea should take leadership in the world intellectual property sector’EconomyOct 19, 2017KIPO commissioner vows to expand role to prepare for rising technologies -
Seoul stocks dip on profit-takingMarketsOct 19, 2017South Korean stocks finished lower Thursday, as investors opted to cash in recent gains amid a bullish run, market analysts said. The Korean won fell against the US dollar. The benchmark Korea Compo... -
KIPO urges pre-emptive IP measures for ‘4th industrial revolution’EconomyOct 19, 2017South Korea‘s Korean Intellectual Property Office attended the World Intellectual Property Organization’s General Assembly meeting at its headquarters in Geneva, Switzerland this month, urging the me... -
KDB partners to prop up venture firmsMarketsOct 19, 2017The state-run Korea Development Bank unveiled Thursday plans to partner with Korea Venture Business Association to enhance investments in venture firms. KDB will finance venture firms recommended by... -
Korean stocks edge up late Thursday morningMarketsOct 19, 2017South Korean stocks traded slightly higher Thursday morning, recouping earlier losses, on the back of foreign buying. The benchmark Korea Composite Stock Price Index rose 2.98 points, or 0.12 percen... -
Korea's financial debt-to-GDP ratio reaches nearly 100% in 2016EconomyOct 19, 2017The ratio of South Korea's financial debt to gross domestic product reached nearly 100 percent last year amid rapidly rising household lending, a report showed Thursday. South Korea's combined house... -
BOK raises economic growth outlook to 3%, holds rate at 1.25%EconomyOct 19, 2017South Korea's central bank on Thursday revised up its growth outlook for Asia's fourth-largest economy this year to 3 percent as it held its key rate steady for October. In a widely expected move, t... -
Stocks open slightly higher on overnight US gainsMarketsOct 19, 2017South Korean stocks opened slightly higher Thursday, taking a cue from overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index climbed 2.70 points, or 0.11 percent, to 2,485.... -
Inconsistent policy hobbles resources development abroadEconomyOct 18, 2017Korea’s policy to develop energy and other mineral resources abroad has been inconsistent, biased toward short-term achievement and swayed by political winds. As a result, the country’s state-run en... -
US vows to closely monitor Korea's currency practicesEconomyOct 18, 2017The United States did not designate South Korea and four other major trading partners currency manipulators, but it has vowed to closely monitor their currency practices. "No major trading partner o...
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