The Korea Herald

Kospi recovers 2,000-mark over Fed rate cut remark

Mar 2, 2020

Korea’s benchmark Kospi on Monday rose less than 1 percent, barely recovering past the 2,000-point mark after crashing in the previous session over expectations on an interest rate cut in the US. Th...
Stocks of firms selling coronavirus testing kits soar

Mar 2, 2020

Shares of South Korean companies dedicated to novel coronavirus testing kits soared on Monday, amid rising demand. Local diagnostic kit makers are launching devices that detect coronavirus infection...
Seoul stocks open up on technical rebound, Fed comment

Mar 2, 2020

Seoul stocks opened higher on Monday on a technical rebound and comments by the Federal Reserve chairman on a possible rate cut to reassure the markets hit by the spreading coronavirus outbreak. The...
Credit card transactions dip amid coronavirus crisis

Mar 1, 2020

Credit card transactions nearly halved last month as the fast-spreading COVID-19 fears dampened consumer sentiment, according to latest data Sunday. The overall credit card payments from Feb. 1-23 s...
Cashier-less tech on the rise

Mar 1, 2020

BC Card’s experiment of contactless payment system for autonomous convenient store draws market attention
Seoul stocks crumble on coronavirus-fueled selling spree

Feb 28, 2020

Analysts say extra fiscal budget positive, but market reaction cloudy
Yeouido on guard after COVID-19 case confirmed at Eximbank

Feb 28, 2020

IFC Seoul Mall also shuts down for quarantine
Seoul shares fall, bonds gain over BOK key rate freeze

Feb 27, 2020

Central bank’s decision to keep its rate disappoints stock markets that expected for further cut
Mirae Asset Group donates W2b to support fight against coronavirus

Feb 27, 2020

Mirae Asset Financial Group has donated 2 billion won ($1.64 million) to the Hope Bridge Association of the National Disaster Relief to support medical personnel and provide relief goods amid the COV...
Price gap widens between jeonse, apartment cost

Feb 27, 2020

The price gap between the average jeonse -- a real estate term unique to South Korea that refers to property lease -- and average sale price of apartments in Seoul reached a record high in February i...
30-somethings major apartment buyers in Seoul

Feb 26, 2020

Property buyers in their 30s were the biggest players in the apartment market in Seoul in the last two months of last year, according to a report Wednesday. Of the entire 10,491 transactions of apar...
Seoul stocks slip after brief recovery

Feb 26, 2020

South Korean stocks headed south Wednesday -- after a brief rally a day earlier -- as the number of confirmed COVID-19 virus cases here reached over 1,000. The local currency also dipped against the ...
Downside pressure on Kospi mounts as epidemic fears escalate

Feb 26, 2020

Coronavirus infection peak is yet to come: JP Morgan
Seoul stocks rebound as investors scoop up undervalued assets

Feb 25, 2020

South Korean shares rose more than 1 percent Tuesday as investors went bargain hunting, after COVID-19 fears led to the sharpest fall in 16 months in the previous session. The benchmark Kospi opened...
Kakao Bank expands partnerships for brokerage services

Feb 25, 2020

Kakao Bank, an online-only bank in South Korea, said Tuesday that stock trading services of brokerage firm NH Investment & Securities are now available on its mobile application. Since users’ person...