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BOK replaces 640m damaged bills, coins in 2019Jan 15, 2020The number of banknotes and coins destroyed due to damage or contamination reached a 10-year high in 2019, with the face value of the damaged bills and coins growing slightly from a year earlier, the... -
Hi Investment & Securities’ W217.5b fundraising plan hits snagJan 14, 2020The fundraising plan of Seoul-based investment bank Hi Investment & Securities to fetch a combined 217.5 billion won ($187.8 million) is facing obstacles due to a possible court injunction. A total ... -
Marketing startup Marketit scores new funding from investor behind BTSJan 14, 2020Influencer marketer Marketit said Tuesday that it has attracted 5 billion won ($4.3 million) from investors including AlpenRoute Asset Management. AlpenRoute was one of the early investors in Big Hi... -
Moon appointed IBK CEO vows corporate innovation amid stiff union resistanceJan 14, 2020President Moon urges labor union to accept chief’s appointment -
Goldman Sachs, SK to jointly invest W50b in cold warehouse operatorJan 13, 2020Global investment bank Goldman Sachs and SK Holdings said Monday they plan to jointly invest 50 billion won ($43.3 million) in Belstar Superfreeze, a South Korean entity that develops and operates co... -
![[Exclusive] Gender issues cost Deloitte Consulting place in Asia-Pacific unit: sources](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/01/13/20200113000238_0.jpg)
[Exclusive] Gender issues cost Deloitte Consulting place in Asia-Pacific unit: sourcesJan 13, 2020Seoul office confirms exclusion, but denies female leadership was an issue -
Visa Korea to launch new services amid changing fintech landscapeJan 13, 2020Visa Korea on Monday announced plans to launch new services this year, in an effort to grow its presence in the emerging segments of big data and contactless payment solutions. To help its corporate... -
Korean realty investments in Europe jump 122%Jan 13, 2020South Korean investments in European commercial real estate assets in 2019 jumped 122 percent on-year to 12.5 billion euros ($13.9 billion), on the back of Korean investors’ foreign exchange hedging ... -
Hanjin KAL proxy fight looms as new investor comes to lightJan 12, 2020Hanjin KAL, the holding company of South Korea’s No. 1 air carrier Korean Air, is likely to face a proxy fight over its management, after it welcomed affiliates of builder Bando Group as major stakeh... -
Green Cross eyes W200b acquisition of EMR software vendorJan 12, 2020A consortium led by South Korean biopharmaceutical company Green Cross has been selected as the preferred bidder for the majority stake sale of UBCare, the nation’s No. 1 electronic medical records s... -
Investors accuse Lime, Shinhan, Woori of fraud after hedge fund debacleJan 10, 2020Three individual investors have filed criminal complaints against representatives of Lime Asset Management, Shinhan Investment and Woori Bank, accusing them of fraud and capital market law violations... -
KDB, K-Growth to earmark W400b fund for supply chain autonomyJan 9, 2020South Korea‘s state-owned lender Korea Development Bank and state-led fund-of-funds management company Korea Growth Investment (K-Growth) are looking for partners to earmark a combined 400 billion wo... -
![[News Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/01/08/20200108000670_0.jpg)
[News Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?Jan 8, 2020Antitrust agency’s review of $4b deal likely to redefine boundary of fast-evolving industry -
Lime Asset’s fund fiasco weighs on local banksJan 7, 2020Local banks, including Woori and Shinhan, take flak for sales of risky funds -
![[News Focus] ESG drive of Korean banks in spotlight](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/01/06/20200106000154_0.jpg)
[News Focus] ESG drive of Korean banks in spotlightJan 6, 2020Commitments highlighted for responsible restructuring; critics question nature of ESG initiatives in banking sector saying it doesn’t fit purpose
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05S. Korea reports 1 more case of novel coronavirus, total now at 30
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