The Korea Herald

Creditors offer final concessions over brand dispute between Kumho, China's Doublestar

Jul 7, 2017

Creditors of Kumho Tire Co. on Friday decided to offer final concessions to resolve a dispute surrounding the usage fee of the Kumho brand between the tiremaker's parent company and China's Qingdao D...
Seoul stocks sink 0.33% despite Samsung's upbeat earnings

Jul 7, 2017

South Korean stocks finished lower Friday, taking a cue from overnight falls on Wall Street, although Samsung Electronics, the top cap here, delivered a record quarterly high for the second quarter, ...
Korean stocks down late Thursday morning

Jul 7, 2017

South Korean stocks traded lower late Friday morning, as investors opted to cash in recent gains. Samsung, the top cap here, slid after reporting its all-time high earnings for the second quarter. T...
Stocks open lower on overnight US losses

Jul 7, 2017

South Korean stocks opened lower Friday taking a cue from overnight losses on Wall Street, although Samsung Electronics, the country's top market cap, delivered market forecast-beating earnings for t...
Securities firms to venture into short-term credit business

Jul 6, 2017

South Korea’s five largest securities firms in net worth are expected to submit applications to start short-term financing businesses Friday. The firms -- Mirae Asset Daewoo, NH Investment & Securit...
Seoul stocks almost flat ahead of Samsung's earnings guidance

Jul 6, 2017

South Korean stocks finished almost flat Thursday, as investors took to the sidelines ahead of Samsung Electronics's earnings guidance for the second quarter and on a sharp fall in global oil prices,...
Individuals shy away from bullish market led by large cap stocks: data

Jul 6, 2017

South Korea's retail investors are generally staying away from the local bourses, industry data showed Thursday, as foreigners and institutions pushed up stocks to record highs in recent months backe...
Stocks open slightly higher on Samsung, SK hynix

Jul 6, 2017

South Korean stocks opened slightly higher on Thursday as investors are increasingly focused on corporate earnings. Samsung Electronics, the country's top market cap, is set to release its second qua...
Moody’s maintains Korea’s credit rating at Aa2

Jul 5, 2017

Moody’s Investors Service has maintained South Korea’s credit rating at Aa2, a high quality and low risk rating, according to the Ministry of Strategy and Finance on Wednesday. It also raised the cou...
Market rebounds after North Korea risk shock

Jul 5, 2017

South Korea’s main stock market rebounded Wednesday from a brief retreat after North Korea’s missile launch, but the foreign selling trend continued a second day. The benchmark Korea Composite Sto...
Seoul stocks rebound on Samsung, SK hynix

Jul 5, 2017

South Korean stocks rebounded on Wednesday from a brief dip in the previous session, as investors brushed off geopolitical woes stemming from North Korea's missile launch, analysts said. The Korean w...
Stocks open slightly lower on geopolitical risk, profit-taking

Jul 5, 2017

South Korean stocks opened slightly lower Wednesday, as risk-off sentiment took hold amid geopolitical tensions stemming from North Korea's intercontinental ballistic missile launch. The benchmark K...
Banks' loan delinquency rate edges up in May

Jul 5, 2017

The delinquency rate of South Korean banks' won-denominated loans edged up in May from a month earlier due to a slight rise in non-performing loans, government data showed Wednesday. The rate for ba...
Government to announce new fiscal blueprint this month

Jul 4, 2017

The Moon Jae-in administration’s new comprehensive macroeconomic blueprint will be announced later this month, according to Finance Minister Kim Dong-yeon on Tuesday. “The president, along with oth...
BOK to brace for global tightening

Jul 4, 2017

Emerging markets should brace for signs of monetary policy shifts in developed nations, and South Korea will remain vigilant to such signs that are moving toward ending a decade of fiscal stimulus, B...