The Korea Herald

S. Korea to launch pilot operation of mobile driver's license in Jan.

EconomyJul 23, 2021

South Korea plans to begin a pilot operation of a mobile driver's license in January next year in a bid to help people verify their identities more conveniently, a senior government official said Fri...
S. Korea maintaining stable power supply amid scorching summer heat

EconomyJul 23, 2021

South Korea's state energy bourse said Friday the country is expected to maintain a stable supply of electricity despite the sweltering summer heat, although growing demand from the industry sector m...
Seoul stocks open flat amid COVID-19 resurgence

MarketsJul 23, 2021

South Korean stocks opened flat Friday as the country extended the toughest curbs for the greater Seoul area amid the resurgence of COVID-19. The benchmark Korea Composite Stock Price Index (Kospi) ...
[News Focus] Korea’s gasoline prices climb to 32-month high

EconomyJul 23, 2021

Price rise may slow down amid proliferation of virus infections
Central bank digital currencies, crypto will coexist: experts

EconomyJul 22, 2021

But looming regulations on crypto assets might change landscape, experts say at webinar co-hosted by The Investor and ANN
KakaoBank’s blockbuster IPO draws record-breaking bid

MarketsJul 22, 2021

KakaoBank, South Korea’s largest internet-only bank, set a record Thursday in the initial public offering market history here, having attracted keen attention from investors both at home and abroad a...
Seoul stocks snap 4-day losing streak on earnings hope

MarketsJul 22, 2021

South Korean stocks snapped their four-day losing streak Thursday, as hopes for robust second-quarter earnings boosted investor sentiment despite the surge in new virus cases. The Korean won rose aga...
Authorities to tighten grip on unregistered overseas crypto exchanges

MarketsJul 22, 2021

South Korea‘s top financial regulator is considering disciplinary measures against overseas cryptocurrency exchanges that are not registered with the nation’s anti-money laundering body, according to...
Growth of S. Korea's national assets slightly slows in 2020

EconomyJul 22, 2021

South Korea's overall wealth grew at a slightly slower pace in 2020 on-year, central bank data showed Thursday, amid the COVID-19 pandemic that took a heavy toll on the nation's economy. The country...
Baemin Hyundai Card attracts 100,000 users

MoneyJul 22, 2021

Baemin Hyundai Card, a food delivery-focused private label credit card product, has attracted over 100,000 users in eight months since the launch in November, card issuer Hyundai Card said Thursday. ...
Nonghyup Bank sells $600m in social bonds

MoneyJul 22, 2021

Major South Korean lender Nonghyup Bank said Thursday it has issued $600 million in social bonds to overseas investors to help support the vulnerable. The bank said it has floated $300 million worth...
S. Korea to offer financial support for semiconductors, batteries, vaccines

EconomyJul 22, 2021

SEJONG -- Finance Minister Hong Nam-ki said Thursday the government will provide financial and taxation support for key technologies in semiconductors, batteries and vaccines. Unveiling a list of 65...
Regulator extends deadline for Yogiyo sale until early next year

EconomyJul 22, 2021

South Korea's antitrust regulator said Thursday it extended the deadline for the sale of Delivery Hero's food delivery affiliate here, Yogiyo, until Jan. 2 next year, as the German company is facing ...
Fitch keeps S. Korea's credit rating at 'AA-,' outlook stable

EconomyJul 22, 2021

Global credit appraiser Fitch Ratings said Thursday it has maintained South Korea's credit rating at "AA-" with a stable outlook. Fitch's rating for South Korea has been AA-, the fourth-highest leve...
Seoul stocks open higher on earnings hope

MarketsJul 22, 2021

South Korean stocks opened higher Thursday as hopes for robust corporate earnings in the second quarter boosted investor sentiment. The benchmark Korea Composite Stock Price Index (Kospi) rose 26.74...