The Korea Herald

Articles by Son Ji-hyoung

LATEST NEWS

KB Securities Korea’s most penalized brokerage

South Korea’s brokerage house KB Securities was slapped the highest number of disciplinary actions among financial firms here since 2015, data showed Wednesday. (Herald DB) From 2015 to the end of ...

August 29, 2018
Finance
Mirae Asset secures foothold in overseas ETF business

Seoul-headquartered asset management firm Mirae Asset Global Investments has secured a foothold for its exchange traded fund-related business through acquisitions overseas. Mirae Asset Tower in Shan...

August 28, 2018
Finance
Holiday Inn Express Seoul Hongdae to open in Sept.

South Korean low-cost carrier Jeju Air announced Tuesday that Holiday Inn Express Seoul Hongdae will start operations Saturday in Hongdae, a neighborhood rife with street performances and works of ar...

August 28, 2018
Industry
Korea to create W237.5b global fund for startups with Singapore

South Korea and Singapore will set up a fund worth at least 237.5 billion won ($213.2 million) to invest in Korean startups that seek to enter the Singaporean market and vice versa. (Herald DB) The...

August 27, 2018
Finance
Brokerages’ income rises, stability declines

South Korea’s securities brokerage houses reported a combined 2.7 trillion won ($2.4 billion) in net profit in the first half of this year, up 40.7 percent on-year, preliminary data showed Monday. T...

August 27, 2018
Finance
Commercial banks’ overseas profit likely to hit record this year

The Korea Federation of Banks on Sunday expressed hopes for local commercial banks’ annual offshore net income from financial branch network operations and investments to mark a record this year. (Y...

August 26, 2018
Finance
Costco to end contract with Samsung Card, partner with Hyundai Card

Costco Wholesale Korea, the South Korean unit of the US wholesaler, has chosen Hyundai Card as its partner starting next year, according to the Korean card firm Friday. Following Costco’s single-net...

August 26, 2018
Finance
Over 100,000 vendors use Cashnote to manage card income

The number of vendors that use the card income management system Cashnote topped 100,000 as of Friday, according to the service provider, financial technology startup Korea Credit Data, Sunday. Cash...

August 26, 2018
Finance
AEBS students pick KB as operator of exemplary cultural space

Students from the Asia Elite Business Scholars group recently visited a bank branch renovated into a cultural space in Seoul run by South Korea’s KB Kookmin Bank. Located in Hongdae in western Seoul...

August 23, 2018
Finance
Urban tech startups boosted by efforts of accelerator, foundation

Fledging Korean startups devoted to urban technologies that help cities become more efficient and sustainable have been receiving support from the managers of incubator programs. Startup accelerator...

August 23, 2018
Industry
K-water hosts seminar on water resource management for Southeast Asian delegates

The state-led Korea Water Resources Corp., also known as K-water, has invited 18 public servants from Southeast Asian nations to a seminar designed to help enhance the capability to manage water reso...

August 23, 2018
Industry
NongHyup Bank acquires Cambodian microfinance institution

Seoul-based NongHyup Bank said Wednesday it gained regulatory approval Friday for operation of the Cambodian microfinance institution Samic that Nonghyup acquired in July. (Herald DB) The Phnom Pen...

August 22, 2018
Finance
Shinhan gears up for ING Life takeover

Shinhan Financial Group is gearing up to raise 400 billion won ($357.5 million) through debt funding in its move to take over ING Life Insurance Korea. If Shinhan manages to raise the capital throug...

August 22, 2018
Finance
[Herald Interview] Screening matters in crowdfunding: Crowdy

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 21st installment. -- Ed. In June, the South Korean mobile game software ...

August 21, 2018
Finance
Alipay launches mobile tax refund service for tourists to Korea

Chinese mobile payment platform Alipay announced Monday it had launched a mobile tax refund service so users could claim refunds without visiting offline duty-free shops in airports or cities. (Hera...

August 20, 2018
Finance

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 : Yang Sung-jin
Tel : 02.727.0114