The Korea Herald

Seoul stocks slightly up ahead of Fed chair's speech

Aug 27, 2021

South Korean stocks finished higher Friday after a choppy session as investors await the comments from the chief of the US Federal Reserve about its tapering timeline. The Korean won rose against th...
KB Securities seeks approval to acquire Indonesian brokerage firm

Aug 27, 2021

South Korean banking giant KB Financial Group is ramping up its push to venture into the Indonesian financial industry, as its securities brokerage arm awaits a regulatory approval to set foot in the...
Seoul stocks open lower on US tapering uncertainties

Aug 27, 2021

South Korean stocks opened steeply lower Friday as investors await the results of the meeting in Jackson Hole, Wyoming, for clues about the US Federal Reserve's stance about its tapering timeline. T...
Seoul stocks snap 3-day winning streak on BOK's rate hike

Aug 26, 2021

South Korean ended its three-day winning streak Thursday as the central bank delivered its first pandemic-era rate hike. The Korean won fell against the US dollar. The benchmark Korea Composite Stoc...
Seoul stocks open higher ahead of US Jackson Hole meeting

Aug 26, 2021

South Korean stocks opened higher Thursday ahead of the meeting in Jackson Hole, Wyoming, as investors seek clues about the US Federal Reserve's stance about its tapering timeline. The benchmark Kor...
Seoul stocks gain for 3rd day amid tapering uncertainties

Aug 25, 2021

South Korean stocks advanced for a third consecutive day Wednesday amid increased investor caution over US tapering uncertainties. The Korean won fell against the US dollar. The benchmark Korea Comp...
Hyundai Card’s ratings unaffected by Fubon’s acquisition: Fitch

Aug 25, 2021

Global credit appraiser Fitch Ratings said Wednesday that Hyundai Card’s ratings will remain unchanged, even after Fubon Life Insurance and Fubon Commercial Bank‘s acquisition of 20 percent shares in...
KRX aims to make South Korea’s ETF market global

Aug 25, 2021

South Korea’s exchange-traded fund market has witnessed a major change this month with the number of funds available on the market surpassing 500 for the first time, marking a quantum leap from its b...
Seoul stocks open higher on US gains

Aug 25, 2021

South Korean stocks opened higher Wednesday, taking a cue from overnight gains on Wall Street that were largely generated by easing concerns about the US Federal Reserve's tapering timeline. The ben...
[News Focus] Home prices in Seoul up 10% since January

Aug 24, 2021

Prices grow by 20% in Gyeonggi, 24% in Incheon
[Herald Interview] ‘Chaebol need sincere communication to fend off takeover attempts’

Aug 24, 2021

For example, private equity fund Korea Corporate Governance Improvement’s high-profile bid to take over Hanjin has fallen by the wayside. Building a coalition with a more than 40 percent stake in th...
Seoul stocks soar over 1.5% on eased US tapering woes

Aug 24, 2021

South Korean stocks advanced more than 1.5 percent Tuesday to extend their gains for a second day in a row on strong tech gains, as investors' woes eased over the upcoming discussions about US taperi...
Fintech firms urge smooth passage of e-payment law over Mergeplus fiasco

Aug 24, 2021

The Korea Fintech Industry Association said Tuesday that lawmakers must move forward with the critical Electronic Financial Transactions Act, which has been at an impasse at the National Assembly for...
Is Korean IPO market losing steam?

Aug 24, 2021

Overvaluation concerns cloud blockbuster IPOs this year, disappoint retail investors
Citibank Korea postpones decision on exit plan for second time

Aug 24, 2021

Citibank Korea has decided for the second time to delay confirming its retail business exit plan, after apparently failing to agree on sales terms with potential buyers, industry sources said Tuesday...