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Hana Bank, Woowa Brothers to create rating model based on online food ordersMarketsApr 3, 2020Restaurants available on delivery app Baedal Minjok will have a broader access to loans from a commercial bank, if they show proof that they were winning more online food delivery orders. This will ... -
Korea's proposed M&As shrink to half in Q1MoneyApr 2, 2020The volume of proposed mergers and acquisitions in South Korea has shrunk to about half in the first quarter of 2020, reflecting the impact of the novel coronavirus, data showed Thursday. The first ... -
BlackRock offloads W130b stake in NCSoftMoneyApr 2, 2020US investment house BlackRock Fund Advisors has offloaded its 1.01 percent stake in South Korea’s game software developer NCSoft to cash out 129.57 billion won ($105.1 million), a filing showed Thurs... -
![[Market Close-up] Doosan Heavy looks to sell affiliates](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/04/01/20200401000724_0.jpg)
[Market Close-up] Doosan Heavy looks to sell affiliatesMoneyApr 1, 2020Debt-saddled Doosan Heavy Industries & Construction was once considered South Korea’s leading power equipment maker for coal fire, nuclear and gas energy. But over the past few years, it has been lo... -
Mirae Asset chairman donates W25b in decadeMarketsMar 31, 2020South Korea’s Mirae Asset Financial Group said Tuesday that Chairman Park Hyeon-joo has donated his dividends for 10 years in a row -- amounting to 25 billion won ($20.5 million). In 2019, as a shar... -
Financial regulator backs KDB ownership of insurerMoneyMar 30, 2020South Korea’s financial regulator Monday cleared uncertainties, allowing the Korea Development Bank to take control of a local insurer unit for the time being and buy the time to sell it off. A priv... -
Korea’s short-term funding market reels from coronavirusMarketsMar 28, 2020South Korea’s short-term funding market is showing no signs of stabilizing, despite the central bank’s relief package to help ease the credit crunch amid the global coronavirus pandemic. The interes... -
Calls for basic income subsidy support growEconomyMar 28, 2020Provincial governors and mayors urged the central government Saturday to shoulder the cost of basic income subsidies to help citizens. “It is imperative for the (central) government to take more agg... -
Hanjin KAL’s proxy war to intensify despite activist fund's defeatMoneyMar 27, 2020South Korea’s activist private equity fund Korea Corporate Governance Improvement on Friday vowed to restore Hanjin Group “back on track,” signaling its push for activism despite the Friday defeat. ... -
Korean firm buys stake in Russian liver cancer therapy developer for $20mMoneyMar 27, 2020Seoul-based Thelma Therapeutics said Friday it has closed a deal to buy 27 percent stake in Russian liver cancer therapy developer for 24.3 billion won ($20 million), to tap the overseas health care ... -
![[Market Close-up] Battered brokerages to get breather after risky assets tank](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/03/25/20200325000711_0.jpg)
[Market Close-up] Battered brokerages to get breather after risky assets tankMarketsMar 25, 2020South Korea’s brokerage houses suffering from recent losses on risky structured products that placed bets on foreign stock indexes are expected to get some relief after the government allocated a lar... -
Forex pressure looms over Korea's outbound investmentsMoneyMar 24, 2020Facing a weakening local currency amid the escalating novel coronavirus crisis, companies are hedging their cross-border investment plans, including mergers and acquisitions, filings showed Tuesday. ... -
Coronavirus wipes off IPO plans in MarchMarketsMar 23, 2020The coronavirus pandemic and ensuing market volatility are disrupting listing plans of South Korean firms that could otherwise have raised at least 289.5 billion won ($227.8 million), filings showed ... -
S. Korean companies brace for liquidity crisis in AprilMarketsMar 22, 2020South Korean companies are bracing for a possible liquidity crisis in the bond market next month, amid sagging investor sentiment and signs of capital flight due to the coronavirus pandemic, market d... -
Foreign brokerages suffer big hit amid price-cutting raceMarketsMar 22, 2020Foreign brokerages operating in South Korea have reported a drastic fall in their earnings in 2019, with their commission income falling sharply as domestic rivals chewed on their market share. The ...
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01Foreign residents shut out of virus relief funds
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More patients being diagnosed with COVID-19 twice02
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03[Newsmaker] US military uses Seoul lab to test troops outside Korea
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Korea’s virus fight ‘may drag on for months, years’04
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05Gyeonggi governor warns possible coronavirus explosion
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New infections again on decline; nearly half of new cases coming from overseas06
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07[Photo News] Job applicants sit for outdoor test amid COVID-19 fears
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Some Koreans online criticize Vietnam‘s request for cooperation in virus fight08
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091st, 2nd graders to begin new school year with TV lessons, rather than online classes
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Seoul extends social distancing drive for 2 weeks10