The Korea Herald

Park Ga-young

안녕하세요 Park Ga-young 기자입니다.

gypark@heraldcorp.com

Articles by Park Ga-young

[KH Finance Forum] Korea should speed up with ESG disclosure: Sustinvest CEO

EconomySept 29, 2021

A plan to adopt a critical ESG disclosure system by 2023 is lagging far behind other countries and should be implemented as soon as possible to foster environmental, social and governance investment,...
Bankruptcies soar by over 10% as pandemic takes toll

EconomySept 27, 2021

Personal and corporate bankruptcies in South Korea increased by more than 10 percent last year, data showed Monday, reflecting the economic impact of COVID-19 on both businesses and households. Acco...
29 crypto exchanges meet registration deadline, but face challenges

MarketsSept 26, 2021

Twenty-nine of Korea’s 66 cryptocurrency exchanges met a legal deadline to put themselves under regulatory supervision, but they still face challenges, market insiders said Sunday, such as risks from...
[Newsmaker] More than 30 crypto exchanges expected to announce shutdown on Friday

MarketsSept 17, 2021

Time ran out Friday for cryptocurrency exchanges to announce the closure of their services if they would not be operable after Sept. 24, marking a critical time that will decide the fate of many cryp...
Cyworld, Hancom form strategic partnership for metaverse project

MarketsSept 15, 2021

Cyworld, the once-popular social networking service, signed a strategic partnership with Hancom, an office suite software developer in South Korea, according to both companies on Wednesday. The part...
Ahead of October launch, Toss Bank secures half a million subscribers

MarketsSept 13, 2021

Toss Bank, which is poised to become the country’s third internet-only bank, attracted more than half a million subscribers to its pre-registration of their deposit accounts in just three days, the c...
[Newsmaker] Retail investors sweep W1tr Kakao shares hit by short attack, regulation

MoneySept 12, 2021

Retail investors bought more than 1 trillion won ($854 billion) worth of Kakao shares for three days from Wednesday to Friday, when they fell 15 percent amid record short-selling triggered by mounti...
Naver, Kakao shares plunge on moves to regulate IT platforms

MarketsSept 9, 2021

With politicians and regulators joining forces to strengthen monitoring of fast-growing IT platforms, shares of South Korea’s two tech giants plummeted Thursday, losing a combined 19 trillion won ($1...
Bitcoin, Etheruem fluctuate amid El Salvador’s historic move

MarketsSept 8, 2021

Bitcoin’s trading price declined to about 55 million won ($47,200) locally Wednesday afternoon, only 24 hours after it touched 60 million won for the first time in three months, data from Upbit, Sout...
KakaoBank shares decline for 3 days amid downward pressure

MarketsSept 6, 2021

KakaoBank, the country’s mobile-only bank that went public a month ago, saw its shares fall for three consecutive days on Monday due to an expiring lock-in period for millions of its shares. Shares ...
Blockchain not a concept anymore, but part of real life, developers say

EconomySept 5, 2021

Blockchain is not a technological concept anymore. It’s starting to apply to real life and becoming a mainstream, irreversible trend, Dunamu CEO Lee Sir-goo said during the Upbit Developers Conferenc...
Bithumb to ban foreigners without mobile phone identification

MarketsSept 3, 2021

Bithumb, one of South Korea’s four major cryptocurrency exchanges, said Thursday that foreigners who fail to verify their identities via mobile phones will not be allowed to use the platform. The de...
Upbit’s blockchain conference discusses NFTs, DeFi and CBDC

MarketsSept 1, 2021

Dunamu, the operator of Korea’s largest cryptocurrency exchange Upbit on Wednesday kicked off its signature annual Upbit Developer Conference with global industry experts. The company said that its ...
3 crypto exchanges launch ‘travel rule’ joint venture

MoneyAug 31, 2021

South Korea’s three top cryptocurrency exchanges -- Bithumb, Coinone and Korbit -- launched a joint venture to co-develop solutions for a “travel rule” system, the companies said Tuesday. They inves...
[Newsmaker] Opposition lawmakers warn of conflict of interest involving FSC nominee

EconomyAug 29, 2021

Despite the Parliament’s approval of the nomination of the Financial Services Commission’s new chairman on Friday, concerns remain over his familial ties with the chairman of Korea Investment Holding...

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