The Korea Herald

Articles by Bae Hyun-jung

LATEST NEWS

September 21, 2018 Finance

[Newsmaker] Opposition lawmaker’s office raided for state budget information leak

A senior lawmaker of the main opposition party faced seizure over charges of accessing and leaking confidential government data on the state budget, prosecutorial officials said Friday. The Seoul Ce...

[Eye Plus] Mangwon, a peek into Seoulites’ daily lives

Once considered an underdeveloped area on the outskirts of the crowded, boisterous main area of Hongdae, Mangwon is enjoying its day in the sun as a fashionable area of northwestern Seoul, with trend...

September 20, 2018
Social affairs
Banks ready for inter-Korean economic cooperation

Fired up by the thawing peninsular mood built on the latest inter-Korean summit, banks here have buckled down on establishing business in the North in the near future, their initial focus fixed on th...

September 20, 2018
Finance
Opposition, energy minister nominee battle over nuclear phaseout plan

The confirmation hearing held Wednesday for Sung Yun-mo, the nominee for minister of trade, industry and energy, pivoted mostly on the government’s plan to phase out nuclear energy and the potential ...

September 19, 2018
Economy
Expressway rest stops to provide drive-through, mobile preorder services

Starting next year, expressway rest stops will have drive-through stores, as well as mobile preorder and pickup services, as part of the government’s plan to support small businesses and revitalize r...

September 18, 2018
Economy
Government, central bank lock horns over rate hike timing

The tension concerning the country’s key interest rate hike is expected to peak this week, in the wake of the government‘s latest set of additional measures to curb real estate speculation. While th...

September 16, 2018
Economy
Government further hikes tax rate for multiple homes, expensive properties

The South Korean government on Thursday announced it would again raise the comprehensive real estate tax rate for owners of high-priced residences and of multiple properties, as part of a further att...

September 13, 2018
Economy
S. Korea’s job situation at its worst since post-financial crisis period: data

Amid an ever-worsening job market and lower-than-expected growth, South Korea’s youth unemployment rate reached its highest level since the country’s financial crisis situation in the late 1990s, gov...

September 12, 2018
Economy
Government vows to create 100,000 new jobs in biohealth, software, IP

South Korea aims to create some 101,000 new jobs in the biohealth, software and intellectual property sectors by 2022, seeking to respond to an aging society, boost youth employment and enhance the n...

September 11, 2018
Industry
Ex-FSS senior official arrested for stock price rigging

A former senior official of the market watchdog Financial Supervisory Service has been arrested for colluding with a private money lender in rigging the stock price of his company, prosecutors said M...

September 10, 2018
Finance
[Herald Interview] 'Precious metals gain value as industrial commodities'

In the global market, gold has mostly been viewed from a monetary policy perspective as its value is generally in inverse proportion to the interest rate trend, offering higher alternative values whe...

September 9, 2018
Industry
Current account surplus hits yearly high on growth in semiconductors

South Korea’s current account surplus reached a yearly high in July on the back of strong global trade and sturdy growth of the local semiconductors business, central bank data showed Thursday. Also...

September 6, 2018
Economy
Kosdaq sees surge in mass stock purchases this year

The trade volume of lump sum retail orders on South Korea’s secondary bourse Kosdaq surged this year on the back of growing demand for biopharmaceuticals, data showed Wednesday. According to the cou...

September 5, 2018
Finance
Bank loans soar in August amid heated housing market

South Korea’s major banks saw their household loan balance climb at the fastest pace in almost two years in August, propelled by the mortgage loan uptrend amid the robust real estate market here, sai...

September 4, 2018
Economy
Signs emerge of stronger real estate tax

South Korea is facing another set of brawls this year concerning taxation equity and wealth distribution, as the government and ruling party signaled at further toughening tax rules for affluent prop...

September 3, 2018
Economy

The Korea Herald by Herald Corporation

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