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Yoon under siege in Assembly audit over hedge fund fiascoMarketsOct 13, 2020Troubled hedge fund mis-selling scandal that led to losses for South Korean investors and the fund managers’ alleged collusion with ruling party lawmakers and former Cheong Wa Dae officials were at t... -
BNP Paribas moves to defend partnership with Shinhan Financial GroupMarketsOct 12, 2020Shinhan Financial Group said Monday that minority shareholder BNP Paribas has bought a stake worth an undisclosed amount in the South Korean banking group by securing the minimum threshold to keep th... -
KB, K-Growth to select partners for social impact investingMoneyOct 11, 2020KB Financial Group and the Korea Growth Investment Corp. said Sunday that they would select two external partners to establish funds worth at least 30 billion won ($26 million) as part of their five-... -
Tencent-backed Maoyan divests W22b YG Entertainment stakeMoneyOct 11, 2020Tencent-backed online movie ticket booking platform Maoyan Entertainment has unloaded its stake in YG Entertainment worth a combined 22.1 billion won ($19.2 million) since August, disclosures showed ... -
IFC hosts online workshop to discuss APAC infrastructure opportunitiesMarketsOct 8, 2020International Finance Corp., a global development institution, said on Wednesday it hosted a virtual workshop targeting Korean infrastructure developers and investors to allow them to identify new op... -
Open the way for short selling by retail investors, lawmaker saysMarketsOct 5, 2020South Korea’s stock market saw a combined 498 trillion won ($428 billion) worth of short selling transactions from 2015 to 2019, but a high bar exists for retail investors wishing to engage in the pr... -
![[Herald Interview] Why data centers matter to foreign investors](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/10/04/20201004000087_0.jpg)
[Herald Interview] Why data centers matter to foreign investorsMoneyOct 4, 2020After recent success in the market for Seoul office space, London-based investment firm Actis is looking to further invest in Seoul area real estate, this time with a focus on industrial assets. The... -
KDB chief stresses SsangYong Motor’s sustainability as terms of financial aidMoneySept 28, 2020Policy lender Korea Development Bank Chairman Lee Dong-gull said Monday that he is closely reviewing SsangYong Motor‘s fate as a sustainable automaker while refraining from mentioning its plan to pro... -
Temporary ban sees short selling shrink over 95%MarketsSept 28, 2020A ban on short selling shares on Korean bourses for most investors curtailed the practice by nearly 97 percent, data showed Monday. Institutional investors in South Korean stock market short sold 20... -
Korea Investment sells First Sentier’s infra fundMoneySept 27, 2020Korea Investment & Securities, a Seoul-based brokerage house, said Sunday that it has started selling a new product to indirectly invest in equities of global companies dedicated to infrastructure pr... -
Eximbank, IFC team up to finance developing countries post-COVID-19MoneySept 27, 2020The Export and Import Bank of Korea and International Finance Corp. have agreed to expand their collaboration in developing countries and to link Korean firms with more opportunities overseas, the fi... -
Gifts to Korean children subject to taxes double in 4 yearsEconomySept 23, 2020Korean children have received a combined 1.3 trillion won ($1.1 billion) worth of assets through some 9,700 gifts that are subject to taxation, data showed Wednesday. The value of the combined asset... -
NPS joins hands with Keppel Capital for Asia infrastructure investmentMoneySept 22, 2020The National Pension Service, South Korea‘s public pension fund, has entered into a strategic cooperation with Singapore-based Keppel Capital to beef up private infrastructure investment in Asia. Ac... -
Hanwha Solutions stocks plunge as Nikola doubt deepensMarketsSept 21, 2020Shares of Hanwha Solutions plunged Monday immediately after electric vehicle developer Nikola announced a leadership shakeup, as it faces a heap of fraud allegations and an upcoming probe. Hanwha So... -
Litigations pile pressure on Mirae Asset GroupMoneySept 21, 2020Korean investment banking group Mirae Asset Group is being swamped by litigations at home and abroad, including one against China’s Dajia Insurance Group surrounding high-profile hotel deals in the U...
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01Fashion brand Badblood under fire for ‘blackfishing’ on Instagram
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03S. Korea retains position as 7th largest exporter in 2020
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Confirmed cases remain in mid-300s; around 21,000 vaccinated04
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05Boys no longer preferred
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07‘Minari’ wins best foreign film at Golden Globes
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09Moon says South Korea ready for talks with Japan to mend ties
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