The Korea Herald

Articles by Son Ji-hyoung

LATEST NEWS

Woori Bank introduces robo advisers

Woori Bank has launched an artificial intelligence-based financial adviser, or “robo adviser,” as well as robots built for customer assistance at local branches. The nation’s fourth-largest commerci...

May 24, 2017
Finance
Kospi ceilingless for 3 consecutive days

The first-tier stock market in South Korea remained ceilingless for three consecutive days Wednesday. The benchmark Korea Composite Stock Price Index closed at 2,317.34, up 0.24 percent compared to ...

May 24, 2017
Finance
[Newsmaker] Kospi cruises past 2,300, despite foreign selling

South Korea‘s main bourse extended record-setting rallies for the second consecutive day Tuesday on robust institutional buying that offset foreign selling. The benchmark Korea Composite Stock Price...

May 23, 2017
Finance
Regulators to pave way for 4th credit appraiser

Financial regulators in South Korea said Monday they were seeking the entry of a fourth credit appraiser into the market, to improve credit rating market confidence and reduce collusive ties between ...

May 22, 2017
Finance
Banking federation embraces 2nd internet-only bank

Kakao Bank, the second online-only bank in the country set to start its services in June, has joined the Korea Federation of Banks. The KFB said Monday that Kakao Bank had become the 22nd banking in...

May 22, 2017
Finance
‘External uncertainties to heighten stock market sensitivity’

Developing external uncertainties will heighten sensitivity of the main bourse of South Korea, according to market experts Friday. The first-tier market has been riding on momentum for nearly a mont...

May 19, 2017
Finance
KRX to launch portal on short-selling

The Korea Exchange will launch a new web portal in June to provide information on short-selling in the local stock market and facilitate individual investors’ access, the market operator said Thursda...

May 19, 2017
Finance
‘Human touch’ vital to digitize banks

Cultural change in the banking industry looms, with financial technology penetrating into the industry worldwide. But the new technology should be embellished with “human touch,” which would leverag...

May 18, 2017
Finance
Citibank Korea to turn 300 contract positions permanent

Some 300 contract employees of Citibank Korea will unconditionally become full-time within 2017, the bank said Tuesday. The benefiting employees are office clerks and bank tellers, currently under u...

May 17, 2017
Finance
Optimism abounds for Kospi rally

Expectations of strong policy drives by President Moon Jae-in are leading to forecasts of a further Kospi rally and a stronger local currency, offsetting rising worries about geopolitical risks. The...

May 16, 2017
Finance
FSS disciplines stock brokers for illegal short-selling

The Financial Supervisory Service issued last Thursday a disciplinary warning on stock brokers for short selling using insider information, the regulator said Monday. The FSS said a team of stock tr...

May 16, 2017
Finance
KITA to send special economic mission to US in June

The Korea International Trade Association announced Monday that it plans to send a special economic mission to the United States in June, the first such visit to be made since US President Donald Tru...

May 15, 2017
Economy
Rising debt highlights Moon's relief pledge

The ongoing increase of household debt brings focus on whether President Moon Jae-in will manage to fulfill his pledge of curbing swelling household debt, which has long been a drag on South Korea’s ...

May 15, 2017
Finance
Regulators recommence work to consolidate financial oversight

Financial regulators have restarted their postponed discussion to consolidate a financial supervision system, a measure aimed at better spotting potential financial risks. The move is part of the Mo...

May 14, 2017
Finance
4 out of 10 Kospi stocks left out of bullish trend

Despite the record-setting bull run on South Korea’s main bourse, 4 out of 10 stocks there fell, data from the Korea Exchange showed Sunday. The KRX said 302 stocks out of 750 listed on the benchmar...

May 14, 2017
Finance

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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