Back To Top
K-Pop Herald
The Investor
The Herald Business
The Herald POP
Real Foods
Newsletter
Sign in
National
Politics
Social Affairs
Foreign Affairs
Defense
North Korea
Hwang on China
Science
Diplomatic Circuit
Education
K-Wellness
Business
Industry
Technology
Transport
Retail
Finance
Economy
Market
Money
Life&Style
Culture
Travel
Fashion
Food & Beverage
Books
People
Expat Living
Arts & Design
Health
Entertainment
Film
Television
Music
Theater
K-pop
esports
Sports
World Cup
Soccer
Baseball
Golf
More Sports
World
World News
World Business
Opinion
Editorial
Viewpoints
English Eye
Podcast
English Cafe
#Hashtag Korea
Topics
Weekender
Interactive
PR Newswire
Global Insight
한국어판
Mobile Version
Subscribe
KH Media Kit
RSS
Twitter
YouTube
Instagram
BOK renews W9.6tr currency swap deal with Australia
Chong Kun Dang signs licensing deal with Synaffix to develop ADCs
Seoul stocks end lower amid Fed rate hike woes
[From the Scene] 'Room cafes' let S. Korean teens indulge in forbidden desires
[Herald Interview] Raising retirement age is key solution for pension reform: French economist
Military police launch probe into alleged motor drill violence in Army
[Herald Interview] 'Premium laptops essential to complete Galaxy ecosystem'
Motion filed to impeach safety minister over Itaewon disaster
[Newsmaker] Powerful quake topples homes in Turkey and Syria; toll rises
Buseoksa to appeal court ruling on Bodhisattva statue stolen from Japan
Enhypen successfully wraps up first world tour ‘Manifesto’
SK ecoplant renews North America push
IBK to open Poland office to accelerate entry into Eastern Europe
[Herald Interview] DHL to triple logistics capacity at Incheon Airport: CEO
[Photo News] UAM alliance for Busan Expo bid
No win, but multiple nods still make BTS shine at Grammys
How old is a ‘senior’ for elderly Seoulites?
CGV to screen 17 Oscar-nominated films
LG’s symbolic headquarters to be refurbished in decade
+
Finance
All
Economy
Market
Money
S. Korea's fiscal deficit widens through November
Economy
Jan 12, 2023
South Korea's fiscal deficit widened 21 trillion won ($16.8 billion) in the first 11 months of last year due to increased expenditures amid the pandemic. The managed fiscal balance, a key gauge of fiscal health calculated on a stricter term, posted a deficit of 98 trillion won in the January-November period, larger than a shortfall of 77 trillion won a year earlier, the finance ministry's Monthl...
Seoul stocks open higher on hopes for slowdown in US inflation
Markets
Jan 12, 2023
South Korean stocks opened higher Thursday, taking a cue from overnight Wall Street gains on anticipation of slower inflation in the United States. The benchmark Korea Composite Stock Price Index had increased 6.24 points, or 0.26 percent, to 2,365.77 as of 9:15 a.m. Overnight, the tech-heavy Nasdaq composite added 1.76 percent, and the Dow Jones Industrial Average advanced 0.8 percent, amid ex...
Seoul stocks up for sixth day ahead of US inflation data
Markets
Jan 11, 2023
Seoul shares ended higher Wednesday, extending their winning streak to a sixth day, with investors awaiting the release of the new US consumer price index for clues on the future of the Federal Reserve's monetary policy. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index added 8.22 points, or 0.35 percent, to close at 2,359.53 points. Trading volume was m...
'Economy will go down the rabbit hole,' survey finds
Economy
Jan 11, 2023
Concerns over deepening economic slowdown and a bleak outlook for global business conditions, experts predicted that this year the country’s economy would fall deep into a dark and chaotic situation as if it "goes down the rabbit hole." Korea Chamber of Commerce and Industry summarized the opinions of some 85 economics and management experts including university professors as "falling down the r...
[Newsmaker] After 'giant' interest rate hikes, are savers better off?
Money
Jan 11, 2023
Tough conditions mean high interest rates advertised for savings accounts are often a mirage
Seoul stocks open higher ahead of US inflation data
Markets
Jan 11, 2023
Seoul shares opened higher Wednesday, tracking overnight gains on Wall Street, as investors expect the upcoming US consumer price index may provide signs of a slowdown in inflation. The benchmark Korea Composite Stock Price Index rose 15.24 points, or 0.65 percent, to 2,366.55 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average moved up 0.6 percent to 33,704.1 points...
Seoul stocks up for fifth day amid Fed rate hike worries
Markets
Jan 10, 2023
Seoul shares ended higher Tuesday, extending their winning streak to a fifth day despite concerns over the Federal Reserve's aggressive rate hikes following hawkish Fed officials' comments. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index added 1.12 points, or 0.05 percent, to close at 2,351.31 points. Trading volume was moderate at 351.76 million share...
Banking groups under pressure to boost dividend payouts
Money
Jan 10, 2023
Activist fund declares proxy fight against 7 local lenders, calls for them to raise dividend ratio to some 50%
Seoul stocks open higher amid renewed rate hike woes
Markets
Jan 10, 2023
Seoul shares opened higher Tuesday as investors remain concerned about the Federal Reserve's aggressive rate hike plans following its officials' recent comments. The benchmark Korea Composite Stock Price Index rose 3.18 points, or 0.14 percent, to 2,353.37 in the first 15 minutes of trading. Fed officials signaled the US central bank could raise rates to somewhere over 5 percent to tame inflati...
Seoul stocks up for fourth day on possible Fed slowdown; won sharply up
Markets
Jan 9, 2023
Seoul shares ended higher Monday amid expectations of slower US rate hikes. The Korean won sharply rose against the US dollar. The benchmark Korea Composite Stock Price Index rose 60.22 points, or 2.63 percent, to close at 2,350.19 points. Trading volume was moderate at about 334.74 million shares worth some 6.9 trillion won ($5.2 billion), with gainers outnumbering losers 799 to 93. The Dow J...
BOK likely to continue rate hikes
Economy
Jan 9, 2023
Monetary Policy Committee to meet on interest rate Friday
Seoul stocks open higher on eased woes over Fed's rate hikes
Markets
Jan 9, 2023
Seoul stocks opened higher Monday, tracking gains on Wall Street, as investors expect a slowdown in US wage growth and contraction in the services sector may prod the Federal Reserve to go easy on its aggressive rate hike plans. The benchmark Korea Composite Stock Price Index rose 41.01 points, or 1.8 percent, to 2,330.98 in the first 40 minutes of trading. Most large-cap stocks advanced across...
Unicorn startup Kurly fizzles with IPO withdrawal
Markets
Jan 6, 2023
Once regarded among South Korea's most successful startups, Kurly, operator of fresh food delivery platform Market Kurly, is losing steam with signs of weakening investor appetite for the loss-making firm. Kurly on Thursday officially called off its long-awaited market debut on the country's benchmark Kospi "for the time being." "Considering the worsened investor sentiment amid the global reces...
Seoul stocks close up over 1% on chip, battery gains
Markets
Jan 6, 2023
Seoul stocks closed over 1 percent higher Friday, continuing a three-day winning streak, as foreign and institutional investors picked up Samsung Electronics and other large caps. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index jumped 25.32 points, or 1.12 percent, to close at 2,289.97 points. Trading volume was moderate at about 388.2 million shares w...
Seoul stocks open slightly higher despite Wall Street falls
Markets
Jan 6, 2023
Seoul stocks opened a tad higher Friday despite overnight falls on Wall Street and fresh US job data. The benchmark Korea Composite Stock Price Index traded up 0.72 points, or 0.03 percent, to 2,265.37 points in the first 15 minutes of trading. Major indices on Wall Street fell over 1 percent overnight amid concerns that the country's strong labor market data released Thursday could push the Fe...
MOST POPULAR
01
Will BTS make history with its first win at 65th Grammy Awards?
'Energy inflation' hits 25-year high in January
02
03
One of crew members missing from fishing boat capsizing found dead
Families of crowd crush victims hold memorial rally in downtown Seoul
04
05
[Hello Hangeul] What not to do to keep Korean culture, language attractive
[From the Scene] Police clashes, political drama at memorial for Seoul crowd crush victims
06
07
[Newsmaker] US downs Chinese balloon, drawing a threat from China
[My Hangeul Story] Meet Billy, YouTube’s self-starter Korean tutor
08
09
3 rescued, 9 missing after boat capsizes off South Jeolla
S. Korea's new COVID-19 cases fall to lowest tally in 224 days
10
1
2
3
4
5
6
7
8
9
10