The Korea Herald

Articles by Jung Min-kyung

LATEST NEWS

August 23, 2019 Economy

S. Korea vows to minimize negative economic impact from GSOMIA termination

A day after South Korea announced its decision to scrap a military intelligence-sharing pact with Japan, Deputy Prime Minister and Finance Minister Hong Nam-ki said Friday that the government will ma...

S. Korea issued $2.7b high-risk derivative products in 2018: data

South Korea’s financial institutions issued 3.2 trillion won ($2.7 billion) worth of high-risk derivatives-linked securities last year that did not guarantee the return of the investor’s original inv...

August 22, 2019
Finance
Experts call for greater autonomy for financial firms in firewall regulations

Addressing growing calls in South Korea to ease firewall and outsourcing regulations, senior officials from global financial institutions on Wednesday highlighted the need to allow firms more choice ...

August 21, 2019
Finance
Mirae Asset Daewoo posts robust H1 overseas earnings

Marking one year since Mirae Asset Group Chairman Park Hyeon-joo became global investment strategy officer of the firm’s brokerage unit Mirae Asset Daewoo, the brokerage’s overseas businesses reporte...

August 20, 2019
Finance
Loans extended by Japanese lenders in Korea drop, conglomerates remain large borrowers

The combined volume of loans extended by Japanese lenders operating here fell 5.4 percent on-month as of late June, data showed Tuesday. Meanwhile, loans taken out by local conglomerates accounted fo...

August 20, 2019
Finance
S. Korean banks criticized for ‘irresponsible selling’ of DLS products

South Korean banks and brokerages are in hot water for selling high-risk derivatives-linked securities and related funds to their customers, mostly retail investors, allegedly without providing suffi...

August 19, 2019
Finance
Signs of global recession haunt S. Korean economy

A shadow of global recession looms over key economies as major markets have been dealing with some of their worst days in recent weeks. This is sparking concerns that chances of recession may also be...

August 18, 2019
Economy
[Weekender] Won, dollars and supernotes: How fake bills are detected

An average of 1,000 counterfeit bills are spotted and seized annually in South Korea -- many of them via KEB Hana Bank’s anti-counterfeiting center. With 15 employees and technology worth 1.5 billio...

August 16, 2019
Finance
S. Korea’s credit card spending on Japanese brands halves amid boycott

South Korean consumers cut back their credit card spending on products sold by Japanese brands here by nearly 50 percent as of end-July, a report by the nation’s financial watchdog showed Thursday. ...

August 15, 2019
Finance
[Anniversary Special] ‘Japan’s export curbs hint at changing Seoul-Tokyo trade model’

Japan’s decision to remove South Korea from its list of trusted export partners in late July brought the relations between the two neighboring countries to a new low. Tensions stemming from the bila...

August 14, 2019
Economy
KRX to launch Kospi 200 weekly options

South Korea’s bourse operator Korea Exchange (KRX) said Tuesday it will introduce weekly options contracts based on the Kospi 200 index on Sept. 23, in a bid to boost the local derivatives market. T...

August 13, 2019
Finance
Samsung, LG among top 10 patent holders in US in 2018

South Korean tech giants Samsung Electronics and LG Electronics were among the companies that were granted the greatest number of patents in the US last year, falling within the top 10 and rubbing sh...

August 12, 2019
Industry
Investors eye leveraged, inverse ETFs amid high market volatility

Investors are flocking to high-risk leveraged and inverse exchange-traded funds in South Korea, resulting in an increase in the daily average trading volume. According to the stock market operator K...

August 9, 2019
Finance
S. Korea to launch M&A consultative body in response to Japan’s export curbs

South Korea’s financial authorities said Wednesday they plan to launch a consultative body by the end of the month to help local firms seeking mergers and acquisitions that could reduce the country’s...

August 7, 2019
Finance
Kospi dips under 1,900 for first time in 3 years

South Korea’s benchmark Kospi dipped below the 1,900 mark for the first time in three years Tuesday, with risks stemming from the ongoing trade row between Seoul and Tokyo, the intensifying trade war...

August 6, 2019
Finance

The Korea Herald by Herald Corporation

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