The Korea Herald

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...
Seoul stocks hit nearly 3-year high; Korean won at 29-month high

Nov 18, 2020

South Korean shares hit the highest in 33 months Wednesday on a rally in bio stocks amid concerns over a flare-up of new coronavirus outbreaks. The Korean won surged to a 29-month high against the US...
FSC, BOK feud over e-payment settlement supervisory power

Nov 18, 2020

The financial regulator’s latest move to introduce regulations on the payment settlement system is facing a backlash from the industry, and especially the central bank. The trigger was the revision ...
Economic recovery in Asia-Pacific region to be driven by private consumption: Morgan Stanley

Nov 18, 2020

Buoyed by the progress of coronavirus vaccine development and monetary easing policies, expectations are on the rise that the global economy can get itself out of the virus crisis soon. The Asia-Paci...
Shinhan Bank set to bring together finance, retail, telecom with ‘MyData’

Nov 18, 2020

Shinhan Bank teams up with CJ Olive Networks, LG U+ for “MyData” platform, blurring lines between industries
Seoul stocks open nearly flat on virus flare-up

Nov 18, 2020

South Korean shares opened nearly flat Wednesday, as investors remained worried over soaring COVID-19 cases. The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.16 point, or 0.01 percent,...
Banking circles grapple over new chief selection

Nov 17, 2020

South Korea’s banking industry on Tuesday sorted out seven candidates for the Korea Federation of Banks’ next chairmanship, set to make the final choice as early as Monday. In an apparent response t...
KCGI criticizes Hanjin KAL chief over merger plan

Nov 17, 2020

South Korean activist private equity fund KCGI on Tuesday lashed out at Korean Air's plan of acquiring its rival Asiana Airlines with the policy lender’s help, claiming that the scheme is being pursu...
Late Samsung chairman’s stock value exceeds W20tr on November gains

Nov 17, 2020

Rising stock prices means more inheritance tax, experts say
Seoul stocks down as investors lock in gains

Nov 17, 2020

South Korean shares snapped their two-day gains Tuesday after hitting a nearly three-year high the previous session, as valuation pressure offset optimism over Moderna's experimental COVID-19 vaccine...
Seoul stocks open flat on valuation pressure

Nov 17, 2020

South Korean shares opened flat Tuesday after hitting a nearly three-year high the previous session, as valuation pressure offset optimism over Moderna's experimental COVID-19 vaccine. The benchmark...