The Korea Herald

Son Ji-hyoung

안녕하세요 Son Ji-hyoung 기자입니다.

Articles by Son Ji-hyoung

[Market Eye] Hyundai Motor’s succession plan a headache to Hyundai Card

MarketsSept 16, 2021

With the independence of Hyundai Motor Group’s financial arms looking increasingly likely, concerns are growing that they will face higher debt financing costs as a result. The prospects have been r...
Korean health care startup commemorates Incheon Landing Operation anniversary

DefenseSept 15, 2021

South Korean health care startup U-Medi on Wednesday hosted a commemorative event marking the 71st anniversary of the Incheon Landing Operation in Camp Humphreys at Pyeongtaek, Gyeonggi Province. Th...
[Exclusive] Hyundai Card says it has 'no plan' for IPO

MoneySept 15, 2021

Fubon-backed Hyundai Card said Wednesday that it has “no plan” to carry out an initial public offering, despite heated market anticipation for the firm’s market debut over the last two years. “We do...
Take down antitrust hurdles for mergers: KDB chief

MoneySept 13, 2021

Korea Development Bank’s Chairman Lee Dong-gull called on the government to take down the antitrust hurdles standing in the way of proposed mergers, which he said are crucial for businesses to surviv...
Korea’s aging population to sap fiscal health: Fitch

EconomySept 13, 2021

The fast-paced aging of South Korea’s population is likely to undermine the fiscal health of Asia’s fourth-largest economy in the long run amid soaring debt, credit ratings agency Fitch Ratings said ...
Green wave pushes indebted state-run firms to edge

EconomySept 12, 2021

Amid the climate change response actions underway in South Korea, the nation’s state-run companies dedicated to fossil fuel energy resources are barely hanging on. The Korea Resources Corp., or Kore...
‘Jeonse’ squeeze builds: Even semibasements fetch W100m

EconomySept 8, 2021

The average rent for semibasement apartments in Seoul on two-year “jeonse” leases topped a record 100 million won ($85,900) this year, suggesting low-income households in the city are facing heavier ...
Both sides claim victory as Kyobo Life-shareholder arbitration ends

MoneySept 6, 2021

Kyobo Life Insurance and its minority shareholders both argued Monday that they had won an arbitration at the International Chamber of Commerce over a drawn out dispute surrounding shares Kyobo Life ...
Hyundai Capital chief to resign from CEO post after 18 years

MarketsSept 6, 2021

Hyundai Capital Services Vice Chairman Chung Tae-young is poised to offer his resignation from the company’s top post later this month, the company said Monday. Chung will step down as chief executi...
Samsung Asset launches dollar-denominated stock index fund

MoneySept 6, 2021

Samsung Asset Management said Monday it has launched a dollar-denominated equity index fund that tracks the United States‘ broad-based S&P 500 constituents. This marked the first dollar-denominated ...
Namyang Dairy deal trapped in quagmire as chief holds Hahn & Co. accountable

MoneySept 1, 2021

Scandal-ridden Namyang Dairy Products Chairman Hong Won-sik said Wednesday he and other shareholders scrapped a stake sales and purchase deal with Seoul-based private equity firm Hahn & Co., citing u...
Kakao Pay revises down IPO size after 2-month delay

MoneyAug 31, 2021

South Korea‘s mobile payment app operator Kakao Pay has revised down its target offer price range for the initial public offering of its stocks as its plan to go public underwent a two-month delay, a...
Blackstone seeks up to W320b in exit from handbag maker IPO

MoneyAug 31, 2021

New York-based private equity firm Blackstone is attempting to cash in on its holdings in Simone Acc Collection for up to 320.7 billion won ($275.3 million) in a partial exit involving an initial pub...
Hahn & Co. sues Namyang Dairy for breach of contract

MoneyAug 30, 2021

Seoul-based buyout firm Hahn & Co. has filed a lawsuit against Namyang Dairy Products shareholders for failing to abide by a binding contract to sell their controlling shares to them, the nation’s se...
Ruling on Woori chief signals clemency to CEOs for misselling scandal

MarketsAug 30, 2021

A court ruling that nullified a penalty for Woori Financial Group Chairman and Chief Executive Officer Sohn Tae-seung signals clemency for other chiefs of banks and other financial institutions who h...