The Korea Herald

Seoul stocks open higher on US gains

Aug 6, 2021

South Korean stocks opened higher Friday, tracking overnight rallies on Wall Street that stemmed from optimism over jobless data. The benchmark Korea Composite Stock Price Index (Kospi) rose 6.6 poi...
[Newsmaker] Jackpot or bubble? KakaoBank IPO sizzles

Aug 5, 2021

If Friday’s IPO reaches daily upper limit, market cap of mobile-only bank might rise on par with Hyundai Motor
Seoul stocks snap 3-day winning streak on bio, tech losses

Aug 5, 2021

South Korean stocks snapped a three-day winning streak Thursday on investors attempted to lock in profits from the recent gains. The Korean won fell against the US dollar. The benchmark Korea Compos...
SK REIT gears up Kospi market debut in September

Aug 5, 2021

SK REIT, the first real estate investment trust from South Korea’s third-largest conglomerate SK Group, said Thursday that it has begun the process for an initial public offering on the country’s ben...
Online lender Kakao set to debut on stock market

Aug 5, 2021

South Korean internet-only bank is slated to debut on the country's main stock market this week in one of this year's mega initial public offerings. Kakao Bank will make its debut on the KOSPI marke...
Seoul stocks open higher on bio gains

Aug 5, 2021

South Korean stocks opened higher Thursday, backed by strong advances in major bio stocks. The benchmark Korea Composite Stock Price Index (Kospi) added 6.83 points, or 0.21 percent, to trade at 3,2...
Seoul stocks spike over 1% on tech gains

Aug 4, 2021

South Korean stocks rallied by more than 1 percent Wednesday, mostly led by strong tech gains. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose...
Hyundai Motor chief logs huge gains from bargain share buys in pandemic

Aug 4, 2021

Among South Korean CEOs taking advantage of low share prices in the initial phase of the pandemic, Hyundai Motor Group Chairman Chung Euisun was the most active purchaser, and also generated the larg...
Seoul stocks open higher on Wall Street rallies

Aug 4, 2021

South Korean stocks opened higher Wednesday, tracking overnight rallies on Wall Street over optimism for strong corporate earnings. The benchmark Korea Composite Stock Price Index (KOSPI) rose 6.51 ...
Krafton’s IPO subscription draws lukewarm response from retail investors

Aug 3, 2021

Krafton, the South Korean game maker behind global smash hit PlayerUnknown’s Battlegrounds, has drawn lower-than-expected interest from retail investors for its initial public offering, with deposits...
Seoul stocks up for 2nd day on tech gains after choppy trading

Aug 3, 2021

South Korean stocks rose for a second straight session Tuesday after choppy trading, backed by strong advances by large tech companies. The Korean won increased against the US dollar. The benchmark ...
K bank sees first-ever quarterly profit

Aug 3, 2021

Crypto exchange-linked accounts boost users, noninterest profit
Seoul stocks open higher on tech gains

Aug 3, 2021

South Korean stocks opened higher Tuesday, led by gains in major tech firms. The benchmark Korea Composite Stock Price Index (Kospi) added 5.53 points, or 0.17 percent, to trade at 3,228.57 in the f...
Fitch ups NH NongHyup’s credit rating to A

Aug 2, 2021

Global credit appraiser Fitch Ratings on Monday raised NH NongHyup Bank’s long-term credit rating from A- to A, in recognition of its leading position in the local banking industry, while keeping the...
Toss offers free transactions amid growing online bank competition

Aug 2, 2021

Viva Republica, South Korea’s leading financial technology company, announced Monday that it would eliminate transaction fees for Toss users, as it gears up for growing competition with internet-only...