The Korea Herald

Articles by Jung Min-kyung

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S. Korea’s target date fund market grows with aging population

As South Korea’s rapidly aging population seeks simple solutions for retirement investments, the nation’s target-date fund market has been growing at a rapid pace in recent years, data compiled by Th...

Hyundai Card launches in-house advertising team with Innocean

South Korea’s leading card issuer Hyundai Card said Tuesday it has teamed up with its global advertising affiliate Innocean Worldwide to launch a special project team that will handle all advertising...

Today
Finance
[Newsmaker] JP Morgan Chase, Societe General bagged W8b from controversial derivatives products: data

Overseas investment banks JP Morgan Chase and Societe General earned a combined commission income of nearly 8 billion won ($6.8 million) from designing derivatives products sold mostly via South Kore...

October 21, 2019
Finance
Female leaders gather to inspire daughters to take charge

When Michelle Kim, former head for the Asia-Pacific region at Tiffany & Co., worked in the iconic jeweler’s international department, the majority of her colleagues were men and so was the entire top...

October 20, 2019
Industry
Woori Financial signs MOU with SAP for digitalization of financial services

Woori Financial Group said Friday it has signed a memorandum of understanding with Germany-based business-software giant SAP to boost the digital transformation of its corporate financial services. ...

October 18, 2019
Finance
US to consider S. Korea’s stance on looming auto tariffs: Mnuchin

As US President Donald Trump mulls a list of countries to impose auto tariffs on, US Treasury Secretary Steven Mnuchin said Washington will take South Korea’s stance on the matter into account, Korea...

October 18, 2019
Economy
Kakao Bank to raise W500b in capital by issuing new shares

South Korea’s internet-only lender Kakao Bank has decided to raise 500 billion won ($422.4 million) in capital by issuing new shares, the firm said Wednesday. The decision was approved by its board,...

October 16, 2019
Finance
SK Global Chemical showcases eco-friendly materials at K Show 2019

SK Global Chemical said Wednesday it is participating in a plastic and rubber trade fair in Germany to promote its packaging and automotive materials globally. According to the chemical affiliate of...

October 16, 2019
Industry
Posco wins innovation prize at Steelie Awards

South Korean steelmaker Posco announced Tuesday it has bagged the innovation prize at the 10th Steelie Awards for its eco-friendly advanced resolution printing technology. This year’s Steelie Awards...

October 15, 2019
Industry
Kakao Bank to discuss capital raise at board meeting

South Korea’s internet-only lender Kakao Bank will discuss an upcoming capital increase at its board meeting, the firm’s spokesperson said Tuesday, as it seeks to improve its fiscal soundness, while ...

October 15, 2019
Finance
LVMH set to lose W8b from drop in YG’s stock value

Despite YG Entertainment’s scheduled return of a 67 billion won ($56.6 million) investment to LVMH this week, the French luxury giant is still projected to lose around 8 billion won due to the declin...

October 14, 2019
Finance
Upbit operator Dunamu to launch comprehensive OTC platform

Dunamu, an operator of global cryptocurrency exchange Upbit, announced Monday that it plans to launch a comprehensive over-the-counter trading platform that deals with all types of unlisted stocks. ...

October 14, 2019
Finance
Half of S. Korea’s savings deposits belong to top 1% of income earners

Of the combined savings deposits held by major banks in South Korea, nearly half belonged to the nation’s top 1 percent of income earners, a report from the Financial Supervisory Service showed Sunda...

October 13, 2019
Finance
[KH Biz Forum] Jipyong chief highlights social responsibility in corporate risk management

Mapping out a plan that incorporates social responsibility will allow firms to manage risks sustainably, compared with a purely legal approach, a legal expert said Friday. “It is popular among law f...

October 11, 2019
Industry
Rebidding for third internet-only bank kicks off amid lack of interest

Financial authorities on Thursday began to accept applications for a second round of bids for a preliminary license to operate the nation’s third internet-only bank, according to the Financial Servic...

October 10, 2019
Finance

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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