The Korea Herald

Articles by Son Ji-hyoung

LATEST NEWS

FSS investigates nonbanking firms’ hiring irregularities

The Financial Supervisory Service on Thursday launched inspections targeting nonbanking financial companies in South Korea, following its probe on the banking industry. (Yonhap) The targets of the ...

April 12, 2018
Finance
Securities firms fined for failing to identify Samsung chairman assets

South Korea‘s four securities firms have been slapped with a combined 3.4 billion won ($3.2 million) in fines for their failure to identify and verify assets owned by bedridden Samsung Electronics Ch...

April 12, 2018
Finance
[Herald Interview] Banksalad relieves financial information overload

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 13th installment. - Ed. Despite having easy access to thousands of finan...

April 12, 2018
Finance
Watchdog chides Samsung Securities for internal control void, begins inspection

South Korea’s Financial Supervisory Service on Monday began an investigation into Samsung Securities over it lacking internal controls to detect or correct a computational input error that caused sli...

April 9, 2018
Finance
Labor union to demand Korean banks close during lunch

A labor union of South Korean bank employees is demanding bank branches here close during lunchtime in forthcoming collective bargaining talks. (Yonhap) The Korean Financial Industry Union was repo...

April 9, 2018
Finance
Samsung Securities fiasco exposes stock trading loophole

A South Korean brokerage mistakenly paying 1,000 shares in dividends instead of 1,000 won ($0.93) due to a computational error Friday has exposed a major loophole in the nation’s stock trading system...

April 8, 2018
Finance
Short selling of Celltrion persists on Kospi

Contrary to market expectations for Celltrion to avoid short selling by moving from the second-tier Kosdaq market to the first-tier Kospi in February, the ratio of the firm’s short sellers have incre...

April 5, 2018
Finance
S. Korean crypto exchange CEO nabbed for embezzlement

The chief executive officer and high-ranking executives of South Korean cryptocurrency exchange Coinnest were detained Wednesday on charges of fraud and embezzlement, according to prosecutors Thursda...

April 5, 2018
Finance
Fire breaks out in LG Display facility

A fire broke out at a liquid-crystal display production facility of LG Display located in northwestern Gyeonggi Province at around 2:54 p.m. Wednesday. No casualties had been reported as of 6 p.m. ...

April 4, 2018
Industry
Foreign banks see shrinking gain from Korean branches

Foreign banks with branches in South Korea reported a decline in earnings here in 2017, on falling interest and trading income, data showed Wednesday. (Yonhap) The 38 branches from global banks acr...

April 4, 2018
Finance
Progressive new FSS chief pledges consumer protection

The new governor of the Financial Supervisory Service in his inauguration speech Monday stressed a need to bolster autonomy as a regulator and enhance consumer protection. Kim Ki-sik, a new chief re...

April 2, 2018
Finance
[Kosdaq Star] Time for Cafe24 to reap what it sows

This is the 53rd in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. — Ed. Profitability is undeniably the key prerequisite for a firm seeking an initial public...

April 1, 2018
Industry
LG CNS to outline tech infra for next-generational govt e-procurement system

LG CNS has been selected as the most preferred bidder for a 2.2 billion won ($2.1 million) project to outline technological infrastructure for a next-generational e-procurement system by the Public P...

March 29, 2018
Technology
Marginal companies on rise: BOK

The number of marginal companies stuck in the financial quagmire with little room for profitability growth has been on the rise, further bogging down the economy as it anticipates rate hikes, the Ban...

March 29, 2018
Finance
Direct sales of Korean fashion products to Japan surge

Direct sales from Korean online fashion stores to Japan jumped nearly 60 percent in 2017 compared to 2015, data showed Wednesday. (Yonhap) The total value of fashion products sold to Japan in 2017 ...

March 28, 2018
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114