The Korea Herald

[Weekender] Corporate action key to fighting plastic binge

IndustryJune 8, 2018

South Korea is facing increasing pressure to reduce or recycle its own plastic waste, particularly since China’s plastic import ban that took effect in January this year. While some countries like t...
NK thaw signals end to export-driven economy: Herald forum

EconomyJune 7, 2018

A tectonic shift is unraveling in and around the Korean Peninsula, especially in the wake of rapprochement mood and signs of denuclearization in North Korea, as well as trade war threats in East Asia...
[Herald Interview] Cashnote streamlines card income management for retailers

MarketsJune 5, 2018

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 16th installment. - Ed. To retail shop owners occupied with day-to-day o...
Samsung SDS launches blockchain-powered financial infrastructure

MarketsJune 4, 2018

Samsung SDS on Monday launched a financial platform powered by blockchain and artificial intelligence, designed to help the local banking industry to cut cost, minimize security threats and streamlin...
Korean markets to close on June 13 for election

MarketsJune 4, 2018

South Korea’s financial markets will shut down on June 13 for a designated holiday for local election, according to the Korea Exchange Monday. Markets trading equities, derivatives and commodities h...
[Kosdaq Star] Buoyed by bio, genome sequencing pioneer Macrogen seeks stable future

IndustryJune 3, 2018

This is the 56th in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. -- Ed. Only two decades ago, today’s genome sequencing technology sounded like magic. Driv...
Banks hold breath as recruitment scandals intensify

MarketsMay 31, 2018

The banking industry here has been stirred up following the arrest warrant sought by the prosecution against KEB Hana Bank Chief Executive Officer Ham Young-joo last Wednesday, in the latest developm...
Samsung's financial units to sell off Electronics shares on breach woes

MarketsMay 30, 2018

Two financial units under the Samsung conglomerate -- Samsung Life Insurance and Samsung Fire & Marine Insurance -- unveiled plans Wednesday to sell off their Samsung Electronics shares by Thursday. ...
Posco volunteers for local communities in 53 nations

IndustryMay 30, 2018

A total of 62,000 employees and executives of South Korean steelmaker Posco working in 53 nations participated in an annual weeklong volunteer event for each of their working communities, the firm sa...
Samsung Securities survey indicates HNWI's inclination for foreign investment

MarketsMay 29, 2018

High-net-worth-individuals who subscribe to private banking products were more inclined to invest in foreign countries than domestic, showed a survey by Korea’s brokerage house Samsung Securities. T...
QARASoft launches AI-powered app beta for financial market forecasting

MarketsMay 29, 2018

South Korean financial technology startup QARASoft on Tuesday launched a beta version of an artificial intelligence-powered application to forecast financial market movements. Dubbed “Kosho,” the ro...
Hyundai Steel labor union extends social responsibility

IndustryMay 29, 2018

The Pohang chapter of Hyundai Steel’s labor union said Tuesday it had carried out a social responsibility program for 19 children from a local child welfare center. Members of Hyundai Steel labor un...
Regulators to cross check foreign stock transactions

MarketsMay 28, 2018

South Korea’s financial regulator unveiled Monday plans to create an electronic system to track real-time foreign stock transactions and changes in outstanding stocks, in order to ramp up oversight o...
SC offers maximum 1.7% rate to investors looking to park cash

MarketsMay 28, 2018

Amid widening market volatility on looming rate hikes at home and abroad, investors have been taking to money market accounts to park their cash. One of such accounts by Standard Chartered Bank Kore...
[Herald Interview] Crypto frenzy to give way to market sophistication

MarketsMay 25, 2018

Four years have passed since Alex Tapscott, then a Canadian investment banker, published a seminal white paper that pictures bitcoin blockchain’s potential financial use free of intermediaries. The ...