The Korea Herald

안녕하세요 Byun Hye-Jin 기자입니다.

Articles by Byun Hye-Jin

IPO market growing weak over market volatility

MarketsOct 24, 2021

South Korea‘s initial public offering market that hit a record high in the first half has been suffering plunging profit rates since July, market insiders said Sunday. According to Korea Exchange, t...
8 in 10 young Koreans invest in stocks, crypto to buy home: data

MoneyOct 21, 2021

Eight out of 10 young Koreans are currently investing in stocks, funds, cryptocurrencies and other assets, and their main purpose behind making such investments is to buy a home, a survey showed Thur...
Fitch keeps S. Korea’s credit rating at AA-

EconomyOct 20, 2021

Global credit appraiser Fitch Ratings said Wednesday that it would maintain South Korea’s stable credit rating and keep its economic growth projection positive, citing the country’s economic resilien...
Seoul halves recommended agency fees to relieve housing price burden

MoneyOct 19, 2021

Legally suggested brokerage fees were lowered around 50 percent starting Tuesday, over implementation of the related law revised to reduce burden on soaring housing prices. For those selling or buyi...
Fiscal chief voices concerns over US request to share chip info

EconomyOct 15, 2021

South Korea’s Finance Minister Hong Nam-ki voiced concerns about the US’ request that Korean chipmakers share information about their supply chains, during his meeting with US Treasury Secretary Jane...
Mamamoo’s agency to go public in November

MarketsOct 15, 2021

Rainbow Bridge World, the South Korean entertainment agency behind all-female band Mamamoo, said Friday that it has filed a registration statement with the country’s financial watchdog and will go pu...
Korea Herald’s Global Business Forum kicks off

InternationalOct 14, 2021

A 12-week forum organized by The Korea Herald, the nation’s largest English newspaper, kicked off Wednesday to offer insights into fast-changing global businesses and markets in the pandemic era. Bi...
Export-Import Bank signs MOU with Greek shipping company to finance new orders

EconomyOct 13, 2021

The Export-Import Bank of Korea said Wednesday it signed an memorandum of understanding with Angelicoussis to provide financial assistance for South Korean shipbuilders securing fresh orders of eco-f...
South Koreans withdraw money from retirement pensions to buy homes: data

MoneyOct 12, 2021

More South Koreans are dipping into their retirement pension pots to buy homes in expectation of future gain amid soaring housing prices, causing concern over the availability of secure retirement in...
[Newsmaker] Wealth gap widening among young Koreans: data

MoneyOct 11, 2021

The wealth gap among young Koreans has widened, with data showing that familial transfer of wealth, not income differences, are aggregating the divide, a lawmaker said Monday. According to Statistic...
Toss Bank kicks off full operation, targeting low-credit borrowers

MoneyOct 5, 2021

Toss Bank, South Korea’s third internet-only bank, commenced full operations on Tuesday, highlighting its user-friendly financial services that differentiate itself from rivals quickly expanding thei...
S. Korea’s stocks slump amid China’s Evergrande crisis, US tapering woes

MarketsOct 1, 2021

South Korea’s stock market slumped in September on the back of the debt crisis involving Evergrande Group, one of China’s biggest property developers, and a hint by the US Federal Reserve that it wou...
[Newsmaker] Over half of young Seoulites can’t afford buying house without parents’ support: survey

MoneyOct 1, 2021

Over half of young people living in Seoul say they couldn’t buy a home without the help of their parents, data showed Friday. According to a survey conducted by the Seoul Institute, a think tank und...
Gamevil to become Coinone’s second-largest shareholder

MarketsSept 30, 2021

South Korean game developer Gamevil said Thursday it will become the second-largest shareholder of Coinone by acquiring a 22 percent stake in the cryptocurrency exchange. During a board meeting Wedn...
Parked money in search of new investments hits new high: data

MoneySept 26, 2021

The amount of parked money that can be withdrawn any time has surged to an all-time high, data showed Sunday. According to the Bank of Korea, the amount of demand deposit increased by 3.3 trillion w...