The Korea Herald

Top 4 banks reduce outstanding loans by W6tr this year

Sept 27, 2016

[THE INVESTOR] South Korea’s top four commercial banks have reduced the amount of outstanding loans by more than 6 trillion won (US$ 5.47 billion) this year. According to finance industry data, out...
Golf courses likely to flood market

Sept 27, 2016

[ THE INVESTOR ] As many as 100 golf courses could be put up for sale as shareholders fear the impact of the Improper Solicitation and Graft Act, industry sources project. Of these, 29 are either...
Korean firms’ entertainment expenses W10tr in 2015

Sept 27, 2016

[ THE INVESTOR ] South Korean companies’ entertainment expenses came to 9.97 trillion won (US$8.97 billion) in 2015, an increase of 6.8 percent from the previous year, National Tax Service data sh...
National pension fund may run out by 2058: report

Sept 27, 2016

[ THE INVESTOR ] The national pension fund could run out two years earlier than previously projected, the National Assembly Budget Office’s analysis showed on Sept. 27. In its analysis of the cou...
[STOCK WATCH] Daekyo rises for third day

Sept 26, 2016

[THE INVESTOR] On Sept. 26, Daekyo (019680) increased 4.79% to 8,750 won (US$7.9). It had increased 5.77% through the past month. Standard deviation, which indicates variableness, records 1.2% ove...
[STOCK WATCH] C-TRI rises after drop

Sept 26, 2016

[THE INVESTOR] On Sept. 26, C-TRI (047920) increased 1.06% to 7,630 won (US$6.89). It had declined 1.12% through the past month. Standard deviation, which indicates risk, records 2.7% on the same ...
[STOCK WATCH] OCI closes 5% higher

Sept 26, 2016

[THE INVESTOR] On Sept. 26, OCI (010060) increased 5.10%, to 84,500 won (US$76.27). It had declined 10.04% through the past month. Standard deviation, the risk index for stock price, was 3.1% on t...
[STOCK WATCH] Samchully drops after two day rise

Sept 26, 2016

[THE INVESTOR] On Sept. 26, Samchully (004690) declined 2.73% to 99,700 won (US$). It had declined 3.37% through the past month. Standard deviation, the variableness index, was 1.3% over the same ...
[STOCK WATCH] Telcoware falls after rebound

Sept 26, 2016

[THE INVESTOR] On Sept. 26, Telcoware (078000) slightly edged down 2.81% to 12,100 won (US$10.92). It had declined 2.37% through the past month. Standard deviation, which indicates risk, records 1...
Rail and subway workers to strike on Sept. 27

Sept 26, 2016

[ THE INVESTOR ] Rail and subway unions are set to go on a coalition strike on Sept. 27. This is the first time the unions have formed an alliance for wage negotiations in 22 years. The unions, i...
Struggling Hyundai Samho introduces unpaid leave program

Sept 26, 2016

[ THE INVESTOR ] Hyundai Samho Heavy Industries will begin an unpaid leave program in October as it seeks to cut costs. This is the first time an unpaid leave program is being carried out by the ...
Hyundai Motor workers stage first full strike in 12 years

Sept 26, 2016

[THE INVESTOR] The Hyundai Motor production lines came to a complete stop on Sept. 26 with the labor union staging the first full strike since 2004. The union began a full strike with the first s...
Participation rate remains low in bank workers’ strike

Sept 23, 2016

[ THE INVESTOR ] The finance industry union staged a nationwide walkout on Sept. 23, with a participation rate of about 15 percent, the Financial Supervisory Service said. According to the FSS, ab...
Kia to tap Ethiopian market with knockdown kit assembly

Sept 23, 2016

[ THE INVESTOR ] Kia Motors and Ethiopia’s Belayab Motor have signed a deal for assembling the Korean automakers vehicles in Ethiopia, news outlets reported on Sept. 23. According to reports, Be...
Korea’s exports to China drop for 14th consecutive month

Sept 23, 2016

[ THE INVESTOR ] South Korea’s exports to China fell for the 14th consecutive month in August, data showed on Sept. 23. According to the Korea International Trade Association, South Korea’s export...