The Korea Herald

Exports rise 3.6% in first 20 days of September

EconomySept 21, 2020

SEJONG -- South Korea's exports rose 3.6 percent on-year in the first 20 days of September, marking the first 20-day rise in six months due to a sharp gain in exports of semiconductors, customs data ...
[Herald Interview] Korea Investment & Securities pioneers AI-powered stock analysis

MarketsSept 20, 2020

Local brokerage believes versatile use of AI in financial services crucial for company’s competitiveness
Self-employed high earners’ tax evasion totals W10tr in decade

EconomySept 20, 2020

The amount of evaded income taxes from self-employed high earners in South Korea totaled nearly 10 trillion won ($8.58 billion) from 2010 to 2019, according to data compiled by the National Tax Servi...
'Vaccine nationalism' likely to delay end of coronavirus pandemic: BOK

EconomySept 20, 2020

South Korea’s central bank warned Sunday that efforts by individual nations to prioritize their own citizens over others for access to a future coronavirus vaccine are likely to push back the time fr...
Banks’ credit loans see sudden drop amid authorities’ warnings

MoneySept 20, 2020

Major South Korean banks are on the path of tightening their extension of personal unsecured loans, apparently responding to the financial authorities continued efforts to curb “excessive lending.” ...
[Market Close-up] Retail investor power brings stock market back to life

MarketsSept 20, 2020

Kospi logs second-best-performing major index among G20 nations after hitting record low in March
Disaster relief fund payments to kick off before Chuseok

EconomySept 20, 2020

Govt all set to hand out emergency cash upon parliamentary budget approval
Science ministry, OECD to hold videoconference to promote tech cooperation

EconomySept 20, 2020

South Korea's Ministry of Science and ICT said Sunday it will hold a joint videoconference with the Organization for Economic Cooperation and Development (OECD) to forge closer ties in key technology...
Researchers develop cheap, long-lasting catalyst to extract hydrogen from water

EconomySept 20, 2020

South Korean researchers have developed an affordable and long-lasting electrocatalyst that can cleanly and efficiently extract hydrogen from water, a state-run science institute said Sunday. A team...
S. Korea's seaport cargo down 18% on coronavirus

EconomySept 20, 2020

Cargo processed at South Korean seaports fell 18.2 percent in August in the wake of the coronavirus outbreak, government data showed Sunday. Cargo handled at the country's ports came to 117.34 milli...
S. Koreans drink 8.5 days per month on average: poll

EconomySept 20, 2020

South Koreans on average consumed alcoholic beverages 8.5 days per month in 2019, a poll showed Sunday, with a growing number of people drinking at home this year due to the virus pandemic. It marke...
Seoul stocks advance 65% over past 6 months led by bio, tech

MarketsSept 20, 2020

South Korea's stock market advanced a whopping 65 percent over the past six-month period despite the global virus pandemic, on the back of pharmaceutical and technology shares, data showed Sunday. T...
Seoul to accept applications for low-rent office space in Yeouido

MarketsSept 18, 2020

The Seoul Metropolitan Government said Friday that it is scheduled to accept new applicants for a program that offers office space for foreign financial firms at affordable prices in Yeouido, a finan...
LG Chem stocks rebound as split-off jitters ease

MarketsSept 18, 2020

The stock price of petrochemical-to-battery company LG Chem rebounded Friday after a sharp loss immediately after its announcement during trading hours Thursday that it would split off its battery op...
Seoul stocks snap two-day losing streak on massive foreign buying

MarketsSept 18, 2020

South Korean stocks snapped a two-session losing streak on Friday, helped by strong foreign buying that offset individuals' profit-taking rush. The Korean won rose against the US dollar. The benchma...