The Korea Herald

Articles by Son Ji-hyoung

LATEST NEWS

Nonprofit organization to provide W345b to stimulate startups, create 11,000 jobs

South Korean nonprofit organization Banks Foundation for Young Entrepreneurs unveiled Wednesday plans to provide 345 billion won ($304.7 million) over three years to local startups to support their g...

November 14, 2018
Finance
Global ‘investment war’ looms: Kofia chairman

The chief of South Korea’s capital investment business association on Tuesday urged the nation to prepare for a looming global “investment war,” which he views as a global phenomenon that will soon s...

November 13, 2018
Finance
Woori Bank’s M&A capability in question despite new holding company structure

While South Korean commercial bank Woori Bank and its subsidiaries are inching closer to a holding company structure, possibilities of aggressive mergers and acquisitions to expand the banking group ...

November 11, 2018
Finance
Korean financial institutions suffer $150m cross-default on Chinese bond insolvency

South Korea’s financial institutions suffered insolvency of asset-backed commercial papers Friday at midnight, following a Chinese firm’s default on payments due for bonds. The ABCPs were backed by ...

November 10, 2018
Finance
Relief rally in Korean markets after US midterm elections result

South Korean stock markets were bullish Thursday on strong foreign buying, as the midterm elections results in the United States stoked investors’ appetite for risk. The benchmark index of top-tier ...

November 8, 2018
Finance
Woori Bank CEO tapped to head holding firm

Woori Bank nominated its incumbent Chief Executive Officer Sohn Tae-seung as the chairman of a new holding company set to control the nation’s fourth-largest commercial bank, officials said Thursday....

November 8, 2018
Finance
Woori Bank to adopt financial holding company structure

Woori Bank, South Korea’s fourth-largest commercial bank and the parent company of 19 financial subsidiaries, has gained regulatory approval to adopt a financial holding company structure. (Yonhap) ...

November 7, 2018
Finance
Seoul to provide W15b for Korean firms eyeing ASEAN market

Some 15 billion won ($13.4 million) will be allocated in the national budget next year to assist Korean small and medium-sized companies making inroads into the Southeast Asian market, a presidential...

November 7, 2018
Economy
FSC chairman hints at securities transaction tax cut

Financial Services Commission Chairman Choi Jong-ku hinted Tuesday at cutting or removing the securities transaction tax on the Korean equity market and to discuss the matter with tax authorities. “...

November 6, 2018
Finance
Regulator standardizes QR code for electronic payment

The Financial Services Commission, South Korea’s financial regulator, unveiled Tuesday a set of standards for QR codes for electronic payment, in a nation where the smartphone penetration rate is hig...

November 6, 2018
Finance
Won rally ends on US jobs growth, renewed trade war

South Korea’s local currency edged down against the greenback on Monday on robust jobs readings in the United States that sparked an upsurge in the US dollar, and on renewed threats of a US-China tra...

November 5, 2018
Finance
US midterm elections to act as uncertainty variable in Korean stock market

While South Korea’s stock market took a strong rebounding leap last week amid signals of trade war alleviation between the United States and China, analysts remained in a cautious note ahead of the m...

November 4, 2018
Finance
Korean IPO market hits snag on bearish stock market

As South Korean companies have recently withdrawn their earlier plans to go public, concerns have been mounting that the lackluster initial public offering market remains exposed to lingering externa...

November 4, 2018
Finance
[Weekender] Traditional Korean medicine a game changer in medical tourism industry

It has been a decade since South Korea started issuing short-term visas for foreigners seeking medical treatment here as part of measures to boost medical tourism. Since then, the medical tourism ma...

November 1, 2018
Health
SK Holdings awarded for excellence in ESG

SK Holdings has been recognized for the best practices in environmental responsibility, social responsibility and governance and for its shareholder-friendly approach and sustainability in entreprene...

November 1, 2018
Industry

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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