The Korea Herald

Kakao hits yearly high on Q4 earnings hope

Jan 9, 2020

Shares of Kakao Corp., the operator of South Korea's largest messaging app, Kakao Talk, climbed to a yearly high on the Seoul bourse Thursday, helped by a rosy quarterly earnings outlook. Kakao stoc...
Stock market adds just 1 company to ‘W1tr club’ last year

Jan 8, 2020

Without new listing firms, number of big caps fell
SK hynix hits all-time high on improved market outlook

Jan 8, 2020

Shares in SK hynix Inc., the world's second-largest DRAM maker, traded at an all-time high on Wednesday on expectations that the chipmaking sector is set to improve this year after bottoming out in t...
Trademark for ‘Pengsoo’ still available to EBS

Jan 7, 2020

The Korean Intellectual Property Office on Tuesday released a statement to dispel the latest concerns that the trademark for “Pengsoo,” a YouTube celebrity penguin character, may be acquired by an ir...
Moon’s shareholder engagement push to empower pension funds

Jan 7, 2020

South Korean President Moon Jae-in on Tuesday called for the swift revision of laws to allow institutional investors to ramp up shareholder engagement in the domestic market. This, he stressed, would...
Korean stock market hit by US-Iran conflict

Jan 6, 2020

The Korean stock market was impacted by the intensifying geopolitical tensions between the US and Iran, with negative repercussions expected to continue, according to analysts Monday. Seoul’s benchm...
How to allure Parisians? Marketing startup Ppanam has an answer

Jan 6, 2020

Building trust is key in marketing for French consumers, CEO says
[News Focus] Who’s going to be fintech star in 2020?

Jan 5, 2020

Tech firms, banks clash in digitalization race of finance industry, look for new opportunities overseas
Politics-themed stocks to rally ahead of April general elections

Jan 5, 2020

Industry experts and KRX warn investors of drastic stock fluctuation
Gold prices rise on Middle East tensions

Jan 5, 2020

Escalating geopolitical tensions between the United States and Iran have caused gold prices to rise in South Korea and led to a surge in trade of the precious metal, according to the local exchange o...
Smartphones beat personal computers in stock trading for 1st time

Jan 5, 2020

Smartphones overtook personal computers as the top stock-trading platform in South Korea last year, data showed Sunday. Stock trading via smartphones accounted for an average 40.66 percent of daily ...
Kakao Bank to push for IPO in second half of this year

Jan 3, 2020

Kakao Bank, South Korea's largest internet-only bank, is pushing for a listing on the country's stock market by the end of this year, a top executive said Friday. Lee Yong-woo, co-CEO at Kakao Bank,...
Top-down appointed IBK CEO turned away amid union resistance

Jan 3, 2020

The state-run Industrial Bank of Korea on Friday faced a dispute over the appointment of its new chief, as its labor union protests what it called the government’s “abuse of authority.” On Friday, n...
Seoul shares open sharply higher on Wall Street gains

Jan 3, 2020

South Korean stocks opened sharply higher Friday tracking overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index added 26.35 points, or 1.21 percent, to 2,201.52 in the firs...
NPS chief offers to resign, hopes to run in general elections

Jan 2, 2020

National Pension Service Chairman Kim Sung-joo has offered to resign so that he can run in the general elections in April, according to news reports citing political sources Thursday. Kim has report...