The Korea Herald

Krafton eyes W5.6tr in Korea’s largest IPO in history

Jun 16, 2021

Publisher of PlayerUnknown‘s BattleGrounds is likely to become most-valuable local game company
KDB's W100b investment in Toss Bank meant to stop unicorn exodus: chief

Jun 15, 2021

Korea Development Bank’s plan to invest 100 billion won ($89.4 million) in the nation’s latest internet-only bank backed by Viva Republica, the operator of fintech app Toss, is meant to keep local un...
Hana Financial to launch asset manager in Singapore

Jun 14, 2021

Hana Financial Group said Monday that it has obtained a preliminary license from Singapore’s financial authorities to open an asset management company in the Southeast Asian country. The Monetary Au...
AsianInvestor to hold virtual forum on trends among Korean investors

Jun 14, 2021

AsianInvestor, a Hong Kong-based publication dedicated to the investment activities of Asian asset owners, said Monday that it planned to offer a glimpse of the latest trends among Korean investors a...
[Contribution] Innovative financing mechanisms to drive a circular economy

Jun 13, 2021

PET, or polyethylene terephthalate, is the inexpensive, versatile plastic used to make bottles, food containers and other modern conveniences. Even though PET is a highly valuable and readily recycla...
BOK chief hints at rate hike this year

Jun 11, 2021

Bank of Korea Gov. Lee Ju-yeol said Friday that a key interest rate hike is plausible by the end of this year in step with economic recovery. “If our economy is expected to stage a modest recovery, ...
US-based First Eagle cashes in W35b from Namyang Dairy

Jun 11, 2021

US-based investment house First Eagle Investment Management and its mutual fund have cashed in a combined 35 billion won ($31.5 million) during a weeklong trade since late May from its investment in ...
NH Financial sets up W150b ESG fund tied to Green New Deal

Jun 10, 2021

South Korea’s NH Financial Group said Thursday it has created an environmental, social and governance fund worth 150 billion won ($134 million) to finance projects tied to the Green New Deal initiati...
Koramco to buy green office building in eastern Seoul

Jun 10, 2021

Koramco REITs & Trust said Thursday that it has been selected as the preferred bidder to buy an eco-friendly office building in eastern Seoul through its new blind pool fund. The investment target, ...
Hana Bank issues $600m in ESG bonds

Jun 10, 2021

Major South Korean lender Hana Bank said Thursday it has floated $600 million worth of environment, social and governance (ESG) bonds to help support vulnerable and eco-friendly projects. The dollar...
Korea’s only luxury goods ETF beats Kospi

Jun 9, 2021

South Korea’s only exchange-traded fund that focuses on global luxury goods stocks has outperformed Korea‘s benchmark index for the Korea Exchange’s main board Kospi over the course of 13 months sinc...
[#WeFACE] Right investment can save ocean: IFC

Jun 8, 2021

IFC in search of green-minded investment to save oceans from plastics; VP says Korea can take leading role
Indonesian shareholder drops $1.5b charge against KB Kookmin over Bank Bukopin acquisition

Jun 8, 2021

Seoul-based KB Kookmin Bank has steered clear of litigation in controlling Indonesian subsidiary Bank Bukopin, as its minority shareholder in Indonesia dropped all charges against South Korea‘s large...
Mirae Asset pools W10tr for retirement schemes

Jun 7, 2021

South Korean asset management firm Mirae Asset Global Investments said Monday its assets under management for retirement schemes have surpassed the 10 trillion-won ($9 billion) mark for the first tim...
Financial workers, employers agree on paid vaccination leave

Jun 6, 2021

The Korean Financial Industry Union and the Finance Industry User Council have agreed that workers who get vaccinated for COVID-19 are entitled to up to three days of paid leave, officials said Sunda...