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Seoul stocks open higher on Wall Street gainsAug 7, 2020South Korean shares opened higher Friday on high expectations about the US stimulus package. The benchmark Korea Composite Stock Price Index (KOSPI) rose 9.5 points, or 0.41 percent, to 2,352.11 in ... -
KRX defers decision on SillaJen delistingAug 6, 2020South Korea’s sole bourse operator said Thursday that it would further review possible delisting of biotechnology firm SillaJen. SillaJen submitted its business normalization scheme to the bourse op... -
![[Market Close-up] Liquidity likely to uphold stock rally](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/08/06/20200806000682_0.jpg)
[Market Close-up] Liquidity likely to uphold stock rallyAug 6, 2020Kospi surges 60% to nearly 2-year high, some forecast reaching 2,400 points in H2 -
Mirae Asset Daewoo logs record-high profit in Q2Aug 6, 2020South Korean brokerage firm Mirae Asset Daewoo posted a second-quarter operating profit of 387.1 billion won ($327 million) and net profit of 304.1 billon won on Thursday on the back of a stock marke... -
FSS' sanction may put brake on Hanwha Life's digital transitionAug 6, 2020South Korea’s financial watchdog said Thursday it will hold a sanctions committee later this month concerning Hanwha Group’s insurance unit’s financial support for the conglomerate’s duty-free busine... -
Seoul stocks open sharply higher on Wall Street gainsAug 6, 2020South Korean shares opened sharply higher Thursday, taking a cue from overnight gains on Wall Street over economic rebound hopes. The benchmark Korea Composite Stock Price Index (KOSPI) rose 22.26 p... -
Kakao Bank outruns traditional banks in monthly active usersAug 5, 2020South Korea’s largest internet-only bank said Wednesday that its number of monthly active users in June surpassed 11 million — the highest in the nation’s entire bank industry. Kakao Bank’s increasi... -
Kospi returns above 2,300 points after 22 monthsAug 5, 2020South Korea’s main bourse Kospi on Wednesday rose 31.89 points, or 1.4 percent, to 2,311.86, recovering above the level of 2,300 after nearly 22 months, on retail investors’ buying spree for a sixth ... -
50-story apartment rebuilding scheme faces market backlashAug 5, 2020The local real estate market appears not to be very excited about the government‘s conditional approval of turning old apartments into 50-story buildings, due to its condition of donating more than a... -
Seoul stocks hit almost 2-year high on US stimulus hopesAug 5, 2020South Korean stocks gathered ground for the third consecutive session on Wednesday to close at the highest level in nearly two years, as investor sentiment was buoyed by progress in US stimulus moves... -
Seoul stocks open higher on progress in US stimulus movesAug 5, 2020South Korean stocks opened higher Wednesday, tracking overnight gains from Wall Street, as investor sentiment was buoyed by progress in US stimulus moves. The benchmark Korea Composite Stock Price I... -
K bank ups ante with non-face-to-face mortgage serviceAug 4, 2020In its first step since resuming operations, internet-only lender K bank unveiled a mobile mortgage loan service on Tuesday, allowing customers to borrow money without visiting brick-and-mortar banki... -
S. Korea to add 132,000 more houses in Seoul-Gyeonggi to solve supply-demand gapAug 4, 2020Government mobilizes all available housing sites, eases floor rules, but refuses to open up greenbelts -
Seoul stocks almost hit 2-year high on economic rebound hopesAug 4, 2020South Korean shares rallied Tuesday, nearly hitting a two-year high, as signs of economic recovery improved investor sentiment. The Korean won fell against the US dollar. The benchmark Korea Composi... -
![[Herald Interview] ‘Race for core assets overseas still competitive amid pandemic’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/08/04/20200804000636_0.jpg)
[Herald Interview] ‘Race for core assets overseas still competitive amid pandemic’Aug 4, 2020Korean investors may seek pandemic discount, but widespread demand for safe haven assets makes bargains scarce, CBRE says
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