The Korea Herald

Won rally ends on US jobs growth, renewed trade war

MarketsNovember 5, 2018

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...
US midterm elections to act as uncertainty variable in Korean stock market

MarketsNovember 4, 2018

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...
Korean IPO market hits snag on bearish stock market

MarketsNovember 4, 2018

As South Korean companies have recently withdrawn their earlier plans to go public, concerns have been mounting that the lackluster initial public offering market remains exposed to lingering externa...
[Weekender] Traditional Korean medicine a game changer in medical tourism industry

HealthNovember 1, 2018

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...
SK Holdings awarded for excellence in ESG

IndustryNovember 1, 2018

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...
NPS takes heat from bearish stock market

MarketsOctober 31, 2018

South Korea’s National Pension Service, the third-largest pension fund in the world, has taken over 5 percent in losses from domestic stocks from January to August, hit by the ongoing bearish trend i...
Banks to implement stricter lending policy

MarketsOctober 30, 2018

A new set of regulations for local banks is set to take effect Wednesday, with the aim of further slowing down the pace of South Korea’s household credit growth. The full-fledged enforcement comes a...
Korean stock markets in free fall, downward pressure to persist

MarketsOctober 26, 2018

Stock markets in South Korea continued to slide for a fourth consecutive trading day, setting a new low for 2018 yet again, amid persisting downward pressure on markets at home and abroad. Analysts ...
Kakao labor union launches

IndustryOctober 25, 2018

South Korean internet services provider Kakao confirmed Thursday its employees have created an in-house labor union that aims to challenge the company’s current wage system. Kakao marked the fourth ...
[Kosdaq Star] New MMORPG heralds Gamevil’s Q4 earnings surprise

MarketsOctober 21, 2018

This is the 62nd in a series of articles analyzing major companies traded on the tech-heavy Kosdaq market. -- Ed. There is growing anticipation for a turnaround in at Gamevil, a developer and publis...
Watchdog to tighten compliance regulations for financial firms

MarketsOctober 17, 2018

Stricter compliance regulations are to be adopted for financial institutions within the watchdog’s jurisdiction to enforce stricter internal control and prevent errors and fraud, according to the mar...
[Herald Interview] Former forensic technician creates new biometric standard

MarketsOctober 16, 2018

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 23rd installment. -- Ed. For about a decade before Chung Woo-young found...
[KH Biz Forum] Digital transformation key in ASEAN content market entry

IndustryOctober 16, 2018

Facing a wave of mobile-first digital transformation, traditional media contents like recorded video, comic books and studio albums give way to live-streaming video services, webtoons and digital son...
Korean stock markets take largest loss in 7 years on Wall Street plunge

MarketsOctober 11, 2018

South Korea’s stock markets were routed Thursday following a plunge in stocks at Wall Street amid surfacing doubts about current tech stock valuations in the United States and fears on lingering US-C...
Estonia touts e-Residency as tool to expedite Korean business entry in EU

TechnologyOctober 10, 2018

President of Estonia Kersti Kaljulaid said Wednesday its e-Residency program has the potential to expedite Korean business entry into the European Union by encouraging applications for the nation’s p...