The Korea Herald

Lotte Card issues ESG bonds for those affected by COVID-19

Nov 23, 2020

South Korean credit card issuer Lotte Card has issued social bonds worth 150 billion won ($135 million), the company said Monday. The newly issued bonds, a type of environment, social and governance...
Late Samsung chairman’s stocks rise further in value

Nov 23, 2020

Since the passing of the late Samsung Group Chairman Lee Kun-hee on Oct. 25, stocks of the conglomerate’s seven affiliates, including Samsung Electronics and Samsung C&T, rose 13.8 percent on average...
Driven by foreign buying, Kospi hits all-time closing high

Nov 23, 2020

Brokerages expect Kospi to trade up to 3,000 next year
S. Korea's financial markets to open 1 hour later on college entrance exam

Nov 23, 2020

South Korea's financial markets will start trading an hour later than usual on Dec. 3 due to the nationwide college entrance exam, the bourse operator said Monday. Trading of stocks, as well as the ...
Seoul stocks open higher on tech, bio gains

Nov 23, 2020

South Korean stocks opened higher Monday, backed by strong advances by tech and bio heavyweights amid the resurgent coronavirus outbreaks. The benchmark Korea Composite Stock Price Index (KOSPI) ros...
Shares of major Samsung units surge following chief's death

Nov 23, 2020

Shares in major units of South Korea's top conglomerate, Samsung Group, have risen at double-digit rates since the death of its chief a month ago on hopes for an economic recovery and more dividends ...
S. Korea should improve fintech regulations for sustainable growth: BCCK

Nov 23, 2020

In order to drive the sustainable growth of the fintech industry in the post-coronavirus era, South Korea needs to improve its regulatory frame, the British Chamber of Commerce in Korea has said. Th...
Funds managed by robo-adviser startups surge more than W1tr

Nov 22, 2020

Robo-adviser startups in South Korea saw their funds increase by more than 1 trillion won ($896.7 million) in a year, driven by stock trading fever amid the prolonged COVID-19 pandemic, industry data...
KB Financial union’s attempt to hire outside director falls through yet another year

Nov 20, 2020

KB’s shareholders consent to another term for its incumbent chairman and flagship lender’s CEO, but disapprove union-recommended outside directors
Kospi anticipated to hit all-time high within year on foreign buying

Nov 20, 2020

Experts recommend investors to keep eyes on growth value, ‘contactless’ biz sectors
Seoul stocks open higher on Wall Street gains

Nov 20, 2020

South Korean stocks opened slightly higher Friday, taking a cue from overnight Wall Street tech gains despite an increase in the new coronavirus cases. The benchmark Korea Composite Stock Price Inde...
FSC looks to increase retail investors’ chance for IPO allotment

Nov 19, 2020

South Korea’s financial regulator, the Financial Services Commission, is looking to invite a wider range of retail investors to get access to shares offered when a company goes public on the Korean s...
Toss to launch brokerage unit next year, targeting 20s, 30s

Nov 19, 2020

First new brokerage approved in 12 years, Viva Republica to benchmark US’ Robinhood
Seoul stocks continue climb on battery gains despite virus concerns

Nov 19, 2020

South Korean stocks continued to build up gains Thursday after hitting a nearly three-year high the previous session, as battery makers remained in positive terrain amid concerns of surging COVID-19 ...
Seoul stocks open lower on valuation pressure, virus concerns

Nov 19, 2020

South Korean stocks opened lower Thursday after hitting a nearly three-year high the previous session, as valuation pressure and concerns of surging COVID-19 cases offset vaccine hopes. The benchmar...