The Korea Herald

NPS offloads 1.1m shares of Hotel Shilla in Q2

Jun 28, 2020

South Korea’s National Pension Service sold 1.09 million shares in the nation’s leading hospitality and duty-free operator Hotel Shilla in the second quarter, a filing showed Sunday. As of Wednesday...
[News Focus] Chaebol ownership of corporate venture capital sparks debate

Jun 28, 2020

Mixed views on conglomerates’ control of CVCs shed light on lingering distrust of South Korea’s chaebol families, also urge corporate growth
Appetite of US investors in Korea’s stock market grows

Jun 28, 2020

BlackRock 3rd-largest shareholder of Samsung Electronics with 5.03%
IPO stocks fly high, appetite for newcomers set to grow further

Jun 28, 2020

Newly listed stocks enjoyed substantial gains in the first half this year, fueling an investor rush amid volatile market trends, data showed Sunday. A total of 12 companies made debuts on the main K...
US drug firm backed by GC LabCell attracts $78m in Series A funding

Jun 26, 2020

GC LabCell, a manufacturer of cell therapy products, said on Friday that its US strategic partner Artiva Biotherapeutics has raised $78 million in Series A funding round. Launched in March last year...
Seoul stocks up 1% on tech gains

Jun 26, 2020

South Korean stocks closed 1.05 percent higher Friday as large-cap tech shares rallied. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) went up 22....
Seoul stocks open higher on Wall Street gains

Jun 26, 2020

South Korean shares opened higher Friday, tracking overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index (KOSPI) added 15.3 points, or 0.72 percent, to 2,127.67 in the firs...
Retail investors angry over new stock tax scheme

Jun 25, 2020

Market concerns grew over a new tax plan on any financial investment, Thursday, with some criticizing that the scheme imposes a heavy burden on retail investors seeking small profits. The government...
Seoul stocks sink 2.27% on renewed virus woes

Jun 25, 2020

South Korean stocks tumbled more than 2 percent Thursday as the new cases of the novel coronavirus surged, dimming investors' hopes for a quick global economic recovery, analysts said. The Korean won...
[News Focus] Tough apartment, stock rules frustrate ordinary Koreans

Jun 25, 2020

‘Capital gains tax’ on stocks aggravates public fury
Stocks open sharply lower on Wall Street tumble

Jun 25, 2020

South Korean stocks opened sharply lower Thursday, tracking overnight losses on Wall Street amid concerns over a second wave of the novel coronavirus pandemic. The benchmark Korea Composite Stock Pr...
Seoul stocks close 1.42% higher on economic recovery hope, N. Korean relief

Jun 24, 2020

South Korean stocks closed 1.42 percent higher Wednesday on the back of upbeat economic data from the United States and Europe and eased tensions with North Korea, analysts said. The Korean won rose ...
Seoul stocks open higher on Wall Street gains

Jun 24, 2020

South Korean shares opened higher Wednesday, tracking overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index (KOSPI) added 19.76 points, or 0.93 percent, to 2,151.00 in the ...
After choppy session, Seoul stocks end higher on eased Sino-American trade woes

Jun 23, 2020

South Korean shares traded higher Tuesday on eased concerns related to the US-China trade dispute. The Korean won rose against the US dollar. After a choppy session, the benchmark Korea Composite St...
Korea Investment & Securities teams with KT to build AI platform for financial services

Jun 23, 2020

Korea Investment & Securities has joined a local alliance to build an artificial intelligence platform for the digital transformation of the financial sector, according to the brokerage firm on Tuesd...