The Korea Herald

Articles by Jung Min-kyung

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Divorce news rattles Song-Song couple-related stocks

Entertainment shares and others related to “Descendants of the Sun” power couple, Song Joong-ki and Song hye-kyo, displayed a weak performance Thursday following the surprise announcement of their di...

[News Focus] Government offloading Woori stakes to elevate holding company

The government’s latest decision to dispose of its remaining stakes in Woori Financial Holdings is seen as a turning point for South Korea’s financial sector, indicating the withdrawal of decadeslong...

June 26, 2019
Finance
[Best Brand] Shinhan Card seeks to cater to customers’ lifestyles

Shinhan Card/ Credit card Shinhan Card has maintained its position as the nation’s leading credit card issuer for years, but it now aims to go a step further by integrating its services with custome...

June 26, 2019
Finance
KRX helps Kosdaq firms deal with stricter audit law

The nation’s sole bourse operator has been running an accounting program that helps firms listed on the secondary bourse Kosdaq deal with the reinforced external audit act. According to the Korea Ex...

June 25, 2019
Finance
Kospi to see relief rally ahead of G20 summit

South Korea’s benchmark Kospi ended higher on Monday, with cautious optimism that the US-China trade talks slated for later this week may help the index recover previously lost ground. It closed 0.0...

June 24, 2019
Finance
Woori acquires 65.7% stake in Kukje Asset Trust

Woori Financial Group has decided to acquire controlling stake of 65.7 percent in Kukje Asset Trust from its largest shareholder with approval from its board members, the company said Monday. The gr...

June 24, 2019
Finance
Swiss scholars win Shin Research Excellence Award

A team of scholars from University of St. Gallen in Switzerland won the International Insurance Society’s 2019 Shin Research Excellence Award, endowed by Kyobo Life Insurance, the Korean insurer said...

June 23, 2019
Finance
S. Korean IPO capital exceeds W1tr in H1

The volume of capital raised through initial public offering in the South Korean stock market surpassed 1 trillion won ($863 million) in the first half of the year, data from the Korea Exchange showe...

June 23, 2019
Finance
BOK chief signals rate cut on US Fed meeting results

Mere hours after the US Federal Reserve hinted at an interest rate cut, Bank of Korea Gov. Lee Ju-yeol said Thursday that South Korea would take apt measures to deal with economic shifts, hinting at ...

June 20, 2019
Finance
FSS likely to launch ‘comprehensive audit’ of KRX

The nation’s financial watchdog plans to launch a “comprehensive audit” on bourse operator the Korea Exchange (KRX) by the year-end, local reports said Wednesday. If carried out, the in-depth audit ...

June 19, 2019
Finance
Korean commercial bank apps struggle to stave off competition

Almost two years after South Korea’s leading commercial banks launched mobile apps to attract new customers and keep existing ones, the focus is now on whether their quality matches the prestige of t...

June 18, 2019
Finance
Korean brokerages see record-high Q1 net profit

South Korean brokerages’ combined net profit hit a record high in the first quarter, the nation’s financial watchdog said Monday, boosted by profit from investment banking services and diversified so...

June 17, 2019
Finance
Mirae Asset hosts Global ETF forum

Mirae Asset Global Investments said Thursday it hosted a forum last week where top fund managers and experts from eight countries gathered to share their insights on the latest trends in global excha...

June 13, 2019
Finance
For 12 years, IP5 leads efforts on unified patent ecosystem

For the past 12 years, the world’s top five intellectual property offices -- known collectively as the IP5 offices -- have led global efforts to build a unified, applicant-friendly patent system. Th...

June 12, 2019
Industry
Foreign investors’ Korean bond holdings hit record high in May

Foreign holdings of South Korean bonds amounted to 119.2 trillion won ($111 billion) at the end of last month, reaching a new monthly high, according to data from the Financial Supervisory Service, w...

June 10, 2019
Finance

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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