Investors hope for jackpots from crypto exchanges‘ official market entry

Governance structures of four major exchanges reveal game makers’ influence

Only 15% of Kospi firms pursue ESG management: survey

Despite industrywide efforts to promote sustainable corporate management through environmental, social and governance aspects, many South Korean companies appear to be struggling to integrate the values into their businesses, a survey suggested Oct. 20. Only 123 companies, or 15 percent of all Kospi-listed firms, have established committees to deal with ESG issues, according to the survey conducted by CEO Score, a local corporate tracker. Most of the ESG management committees included chief e

Analysts upbeat on Kakao Pay valuation

South Korean mobile payment app operator Kakao Pay embarked on a two-day book building process targeting institutional investors Oct. 20, following delays due to local authorities’ requests. The result will determine at which price a share of Kakao Pay, the Ant Group-backed financial technology firm, would be offered, as well as the proceeds Kakao Pay will be able to attract through the initial public offering, ahead of its proposed market debut on Nov. 3. Korean analysts are valuing th

BlackRock becomes 3rd-largest shareholder of Hanwha Solutions

US-based investment manager BlackRock has become the third-largest shareholder of energy services company Hanwha Solutions, a filing showed Oct. 20. BlackRock’s 11 affiliated entities were holding a combined 5.08 percent stake in Hanwha Solutions -- which is dedicated to petrochemicals, advanced materials and solar energy -- as of Oct. 15, according to the disclosure filed with the Financial Supervisory Service. Solely on Oct. 15, BlackRock had invested 65.4 billion won ($55.6 million)

‘My Name’ gave me a chance to improve as an actor: Han So-hee

For Han So-hee, 26, taking a role in the Netflix series “My Name” made her improve as an actor with a wide range. “I thought the audience, including my fans, wanted to see the sides of Han So-hee that are already very familiar to them with the previous dramas like ‘The World of the Married’ and ‘Nevertheless’. But I wanted to find and show different sides of Han So-hee,” the actor said during an online interview with a group of reporters Wednesday

Capturing mundane routine in colorful illustrations

Author Kim Hyo-eun, winner of the 2021 World Illustration Awards’ Professional Children’s Publishing category, talks about discovering the extraordinary in the most ordinary scenes

Philips in for long-term partnership with Korean partners: CEO

In a world rapidly digitalizing amid the COVID-19 pandemic, Philips seeks to strengthen its partnership with innovative Korean health care providers, said Frans van Houten, the chief executive officer of the Dutch health technology firm. Through a virtual interview with The Korea Herald on Monday, Van Houten highlighted the importance of having long-term partnerships with health care providers around the world, including those in markets like Korea with strong technological prowess and quali

‘For durable recovery, S. Korea’s monetary policy can remain accommodative’

IMF cautious over monetary tightening here, welcomes aggressive fiscal policy, short selling resumption

Is a year-end spending spree on the horizon?

As Korea anticipates ‘living with COVID,’ businesses are counting on pent-up demand

Seoul housing prices climb 7% since May

19% growth seen on-year in capital’s home prices

Will Windows 11 revive PC demand in South Korea?

Windows 11, released on Oct. 5 worldwide, is expected to offer a fresh round of changes for South Korean computer users, global PC makers and distributors, but a mix of unpredictable factors such as COVID-19, the chip shortage and the launch of compatible devices could affect how the new operating system will be received in the coming months. On major online communities here, users continue to share their experiences of Microsoft’s new operating system that comes with an overhauled user

Seoul to see population per household sink below 2.0

SEJONG -- Seoul has the smallest number of people per household, on average, among the eight major cities across the nation. The average population per household in Seoul fell to an all-time low of 2.16 -- 9.52 million people in 4.42 million households -- as of September, according to the Ministry of Interior and Safety. The average household size of the capital posted a noteworthy slide in the last five years, falling from 2.38 in September 2016 and 2.44 in September 2011. Further, the pace