The Korea Herald

Kosdaq to outperform Kospi in Jan.: analysts

Dec 26, 2019

South Korea’s secondary bourse Kosdaq is expected to enjoy the “January effect” in 2020, as it has historically performed strongest in the first month of the year, analysts said Monday. According to...
S. Korea emerges as major player in global gaming M&As: report

Dec 26, 2019

South Korean companies are increasingly becoming key players of mergers and acquisitions in the global game industry, in pursuit of fresh revenue sources and growth engines, data showed on Thursday. ...
Banks' loan delinquency rate inches up in October

Dec 26, 2019

The delinquency rate for South Korean banks' won-denominated loans edged up in October from a month earlier due to a slight hike in bad loans extended to firms and households, data showed Thursday. ...
Trilateral summit raises hopes for recovery of consumer goods stocks

Dec 25, 2019

At the end of a sluggish year, South Korea is gradually coming to anticipate the recovery of its consumer goods stocks, placing its hopes on the latest trilateral talk with China and Japan. The key ...
Banking groups’ overseas assets grow 40% in 3 years

Dec 25, 2019

The combined assets of the overseas subsidiaries of South Korean financial groups have expanded nearly 40 percent over the past three years, data showed Wednesday. According to data by the state-run...
Investors turned to real estate, gold and foreign stocks in 2019: KRX

Dec 25, 2019

Reflecting the slowing economy and prolonged low interest rates, investors here have increasingly turned their eyes to real estate, gold and overseas securities, South Korea’s stock market operator s...
What Korean commercial banks face in 2020

Dec 24, 2019

With unresolved problems set to drag into the new year, South Korean commercial lenders face a number of burdens that will keep them occupied throughout 2020. One of the major issues that drew publi...
Naver-backed VC names head of Startup Alliance as new co-chief

Dec 24, 2019

South Korea’s internet giant Naver-backed venture capital TBT said Tuesday it has named Startup Alliance Managing Director Lim Jung-wook as the new co-chief of the investment vehicle. Lim will take ...
1 in 10 Koreans invest in stocks, as investors are aging: data

Dec 23, 2019

One out of 10 South Koreans invest in stocks and nearly half of them are in their 50s or older, government data showed Monday. According to the Ministry of the Interior and Safety, Statistics Korea ...
KTB backs acquisition of logistics facility in Ireland

Dec 23, 2019

Seoul-based KTB Investment & Securities and KTB Asset Management have backed a 160 million euros ($177.2 million) acquisition of Tesco’s Distribution Center in Dublin, Ireland, by DTZ Investors, its ...
Credit rating downgrades of Korean firms hit 3-year high

Dec 23, 2019

The average number of companies that suffered credit rating downgrades hit a three-year high this year, as they have been struggling to cope with the risks stemming from the US-China trade war and gl...
Woori heeds FSS proposal on DLF compensation

Dec 23, 2019

Plan of launching fund from employees being reviewed
ATU Partners to acquire DragonX through esports-focused fund

Dec 23, 2019

Private equity house ATU Partners said Monday that it had signed a deal to buy a controlling stake in South Korean professional esports team DRX through its esports-focused fund worth 20.2 billion wo...
[News Focus] Korea clings to record-low rate despite unfavorable indices

Dec 22, 2019

SEJONG -- South Korea’s benchmark interest rate ranged between 3 percent and 5.25 percent per annum from 2000 to 2008. Though the monetary policy committee of the Bank of Korea cut the key rate to 2...
Daishin Securities head to lead Kofia

Dec 22, 2019

Na Jae-chul, CEO of medium-sized brokerage Daishin Securities, was elected as new chairman of the Korea Financial Investment Association on Friday. Starting from Jan. 1, the 60-year-old will serve h...