The Korea Herald

NPS delays decision on domestic stock ratio

EconomyMar 26, 2021

South Korea‘s public pension fund, the National Pension Service, delayed a decision on whether or not to increase the proportion of domestic stock holdings, amid mounting criticism over the fund’s se...
YG Entertainment founder’s control shrinks after Chinese company exit

MarketsMar 26, 2021

YG Entertainment founder Yang Hyun-suk’s grip on the firm has weakened after China’s ticket booking platform divested itself from the K-pop powerhouse this month. Shanghai Fengying Business Consulta...
Crypto exchanges see sales surge amid hope for mega deals

MarketsMar 24, 2021

Amid months of bullish cryptocurrency markets, digital coin trading volume is enjoying a stellar performance, raising expectations for a high market valuation of their businesses. The country’s two ...
Experts say guidelines missing for new rule on crypto asset trade

MarketsMar 23, 2021

Blockchain industry experts urged the government to introduce detailed guidelines on real-name accounts required for all cryptocurrency exchanges under implementation of a new law known as the Specif...
August IPO likely for Kakao Pay despite MyData hiccups

MarketsMar 22, 2021

The much-anticipated listing of Kakao Pay, the financial technology arm of mobile giant Kakao, could come as early as August, according to industry sources on Monday, despite recent hiccups in securi...
Frequent listing and delisting of cryptocurrencies raise concerns and risks

MoneyMar 21, 2021

The number of listed cryptocurrencies has soared in the past four years, as the rapid rise of the price of Bitcoin attracts investor attention to digital assets. However, investors should be cautious...
Korea mulls introduction of multiple voting rights for startups

EconomyMar 16, 2021

South Korea is mulling whether to introduce multiple voting rights for shareholders as a way to help local startups attract large-scale investment and maintain stable management, according to public ...
Toss Securities officially launches MTS

MarketsMar 15, 2021

Viva Republica, South Korea’s leading fintech startup, officially launched a mobile stock trading system Monday. Toss opened the service preliminarily a month ago for 640,000 preregistered users, ab...
[HERALD INTERVIEW] Indonesia’s $5b infra project opportunity for S. Korean battery makers: ambassador

EconomyMar 14, 2021

South Korean companies, from startups to big companies, could benefit from Indonesia’s latest infrastructure initiatives and trade deals, the country’s ambassador to South Korea told The Korea Herald...
[Weekender] Step closer to new economy -- shopping with crypto

MarketsMar 13, 2021

Kim Young-il, business strategy team leader of Danal Fintech, believes that the digital currency payment market has the potential to grab some portion of South Korea’s 3,000 trillion won in annual tr...
Woori Financial Group joins first movers list of ESG bonds

MarketsMar 7, 2021

Woori Financial Group plans to issue environmental, social and governance hybrid bonds in South Korean won after gaining top credentials, the company said Sunday, joining a growing list of investment...
$Kakaopay CEO urges adoption of fractional share investing$

Kakaopay CEO urges adoption of fractional share investing

EconomyMar 4, 2021

South Korea should adopt fractional share investing in order to enhance financial inclusiveness and diversify asset portfolios of real estate-reliant small investors, the head of a local fintech firm...
McKinsey hires former Oliver Wyman Korea head

MarketsMar 4, 2021

Consulting firm McKinsey & Company on Wednesday said they have hired Park Joong-ho, former head manager of Oliver Wyman’s Korea office, as a new partner here. Park worked at Oliver Wyman, a consulti...
Banks still wary of cryptocurrency partnership

MarketsMar 3, 2021

The resurgence of cryptocurrency trading as well as upcoming changes in law that mandate investments in bitcoins be made with accounts under real names are likely to provide new opportunities for com...
Like hot tech shares, Bitcoin falls as US bond yields rise

MarketsFeb 26, 2021

Bitcoin declined Friday, falling below 53 million won ($48,100) in the week that the largest cryptocurrency is suffering its worst pullback in a year. The digital currency fell to as low as 52.88...