The Korea Herald

Kasa Korea unveils first investment property in Seoul

Nov 12, 2020

Property investment platform operator offers market entry for retail investors
Chicken franchise Kyochon joins Kospi

Nov 12, 2020

Kyochon F&B, South Korea’s largest fried chicken franchise operator, made a market debut on the nation’s main bourse Kospi on Thursday, with its shares hitting the upper price limit of 29.98 percent ...
Samsung’s financial arms going green

Nov 12, 2020

Samsung affiliates stop investing in coal-based generation to be environmentally responsible
Foreigners turn net buyers of S. Korean stocks in October

Nov 12, 2020

Foreign investors turned net buyers of South Korean equities in October, driven by hopes of a global economic recovery from the coronavirus pandemic, the central bank said Thursday. Foreigners bough...
Seoul stocks open lower on profit-taking, lockdown concerns

Nov 12, 2020

South Korean shares opened lower Thursday on profit-taking, after the benchmark index hit an over 2-year high the previous session over vaccine hopes. The benchmark Korea Composite Stock Price Index...
Former deputy prime minister to head KTCU

Nov 11, 2020

Former Deputy Prime Minister and Education Minister Kim Sang-gon will take the top post of the Korea Teachers’ Credit Union, the institution said Wednesday. Effective Thursday, Kim will serve as cha...
South Korea’s stock market cap hits record high

Nov 11, 2020

Buttressed by investors’ optimism about Pfizer’s COVID-19 vaccine, as well as improved exports, South Korea’s market capitalization has logged 2,032.38 trillion won ($1,827 billion), data from the na...
Kakao Bank’s IPO plan picks up speed

Nov 11, 2020

South Korea’s leading online bank Kakao Bank has launched a procedure to pick lead underwriters for its public initial offering, according to industry sources Wednesday. The affiliate of mobile mess...
Ministers discuss steps to address housing crisis

Nov 11, 2020

Amid growing concerns over the soaring cost of housing offered through “jeonse” contracts, Deputy Prime Minister Hong Nam-ki held a closed-door meeting with other ministers and high-ranking governmen...
Seoul stocks at over 2-year high on vaccine hopes; Korean won at nearly 2-yr high

Nov 11, 2020

The South Korean stock market hit a more than 2-year high Wednesday, as investor sentiment improved on stronger exports and Pfizer's COVID-19 vaccine test results. The Korean won surged to a 23-month...
SK’s bio, chemical units, Doosan Heavy join MSCI Korea Index

Nov 11, 2020

Morgan Stanley Capital International announced Wednesday that it has added three large- and mid-cap South Korean stocks -- SK Biopharmaceuticals, SK Global Chemical and Doosan Heavy Industries & Cons...
Seoul stocks open higher on vaccine hopes, export increase

Nov 11, 2020

South Korean shares opened higher Wednesday, tracking Dow's continued gain related to Pfizer's COVID-19 vaccine test results and improved chip exports. The benchmark Korea Composite Stock Price Inde...
Tourism, airline stocks soar on COVID vaccine breakthrough

Nov 10, 2020

Upon encouraging news on coronavirus vaccine testing in the US, stocks in travel, airline and retail sectors here surged, while stocks of contactless services providers and gold prices slid Tuesday. ...
Proxy advisers oppose KB's union-recommended outside directors

Nov 10, 2020

South Korea’s largest proxy adviser, alongside Institutional Shareholder Service and Glass Lewis, has urged KB Financial Group shareholders against the appointment of two outside directors apparently...
Seoul stocks up for 7th day on Dow's COVID-19 vaccine rally

Nov 10, 2020

The South Korean stock market extended its winning streak to a seventh session on Tuesday, as investor appetite for risk strengthened over better-than-expected efficacy of a COVID-19 vaccine by US ph...