The Korea Herald

Choi Si-young

안녕하세요 Choi Si-young 기자입니다.

Articles by Choi Si-young

Pressure builds on stock market over omicron variant, Fed warning

MarketsDec 1, 2021

Growing fear over the omicron variant and sooner-than-expected tapering by the US Fed are weighing on the South Korean stock market, analysts said Wednesday, although some say it will take longer to ...
Sovereign fund head touts ESG, impact investment

EconomyNov 30, 2021

ESG and impact investment will offer a new way for investors to make financial returns while leaving a positive, social and environmental impact, and South Korea hopes to spread the practice of “resp...
Foreign ownership of land rises 1.3%

EconomyNov 26, 2021

The total amount of land foreigners held as of June this year rose by 1.3 percent, compared to December last year, to 256.7 square kilometers. That is equivalent to 0.2 percent of South Korea’s enti...
Export-Import Bank offers financial support to state oil firm

EconomyNov 26, 2021

The Export-Import Bank of Korea said Friday that it has signed a memorandum of understanding with Korea National Oil Corp. to offer the state-run oil company financial support worth about 1.1 trillio...
NongHyup says virtual human ‘hired’ for digitalization

EconomyNov 25, 2021

NongHyup Financial Group said Thursday that it has “hired” an artificial intelligence-powered member of staff to work along with the lender’s human staff, as part of its effort to digitize its operat...
S. Korean economy to grow 3.2% in 2022: think tank

EconomyNov 24, 2021

South Korea’s economy will grow by 3.2 percent next year on consumer spending and strong exports, with pandemic restrictions expected to have eased, a local think tank said Wednesday. The benchmark K...
Dutch asset manager bets on market rebound

MarketsNov 23, 2021

Companies across the globe will see their earnings return to pre-pandemic levels next year and European equity markets in particular could offer good investment opportunities, Dutch insurer NN Group’...
Samsung Life, Korea Post launch W400b investment fund

EconomyNov 22, 2021

Samsung Life Insurance said Monday that it will launch a joint fund with Korea Post to invest 400 billion won ($336 million) in foreign blue chip companies over the next 10 years, expanding cooperati...
Military undaunted as parliament suspends weapon project

DefenseNov 18, 2021

The military is more committed than ever to building the first homegrown light aircraft carrier even though the National Assembly decided to cut the budget for a second straight year, saying more stu...
S. Korea sells missiles to UAE in record arms sale

DefenseNov 17, 2021

The United Arab Emirates said Tuesday that it will buy mid-range missiles from South Korea in what would be Seoul’s largest arms sale worth nearly 4 trillion won ($3.5 billion). “We have reached ver...
S. Korea cuts Indonesia’s payment in joint jet project

DefenseNov 15, 2021

Indonesia will see its payment reduced by 100 billion won ($85 million) to 1.6 trillion won for the joint fighter jet project with South Korea, the Defense Acquisition Program Administration said Mon...
North Koreans urged to meet economic goals

North KoreaNov 12, 2021

North Koreans should make the best use of the remainder of the year to support the regime’s economic plan, the official newspaper Rodong Sinmun said Friday, as the North faces a growing economic cris...
Moon to discuss pandemic recovery at APEC summit

PoliticsNov 12, 2021

President Moon Jae-in is set to attend this year’s Asia-Pacific Economic Cooperation summit Friday to meet with 20 other Pacific Rim leaders and discuss a path to recovery from the coronavirus pandem...
S. Korea, Indonesia finalize fighter jet costs amid default rumors

DefenseNov 11, 2021

South Korea and Indonesia reached an agreement Wednesday on the payment Indonesia would have to make for their joint fighter jet project after concerns for months that Jakarta could default on the de...
US repeats decision on when to change command has not yet come

DefenseNov 11, 2021

South Korea and the US have not made any decisions on when Seoul will take over wartime operational control from Washington, the US Defense Department said Wednesday, amid signs of a rift in the alli...