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Mirae Asset hosts Global ETF forum

Mirae Asset Global Investments said Thursday it hosted a forum last week where top fund managers and experts from eight countries gathered to share their insights on the latest trends in global excha...

Jun 13, 2019
Finance
[Herald Interview] KIS Vietnam to become first foreign brokerage to launch covered warrants in Vietnam

HO CHI MINH, Vietnam -- In Vietnam, one of the fastest growing economies in the world, investors have been searching for ways to hedge risks in times of equity market volatility. Last year, the bench...

Jun 12, 2019
Finance
Foreign investors’ Korean bond holdings hit record high in May

Foreign holdings of South Korean bonds amounted to 119.2 trillion won ($111 billion) at the end of last month, reaching a new monthly high, according to data from the Financial Supervisory Service, w...

Jun 10, 2019
Finance
Toss needs new investors to reapply for 3rd internet bank: FSC

Weeks following the Korean financial regulator’s rejection of its request to set up the nation’s third and fourth internet-only banks, Toss Bank may have to draw up a fresh list of strategic investor...

Jun 9, 2019
Finance
Regulator to sanction major brokerages for lax control of overseas stocks

The Financial Supervisory Service has decided to take disciplinary action against major securities firms for lax control on their overseas stock trading systems, officials said Friday. The financia...

Jun 7, 2019
Finance
[Photo News] Citibank Korea hosts Singapore Digital Day in Seoul

William B. Stanton, Citibank Korea’s head of commercial bank, speaks at the “Singapore Digital Day” seminar, hosted by the Korean unit of the international banking giant, at Google Campus in Seoul on...

Jun 5, 2019
Finance
Kospi shows poor performance in May

South Korea’s benchmark Kospi shed 7.34 percent in May alone, according to the Korea Exchange on Tuesday, its largest monthly loss since October last year. The main bourse’s lackluster performance l...

Jun 4, 2019
Finance
Korea’s wealthy most concerned about inheritance: data

South Korea’s wealthy are more concerned about inheritance issues than generating profit from financial products in terms of asset management, data compiled by Samsung Securities showed Monday. The ...

Jun 3, 2019
Finance
Korea’s fintech-led overseas money transfers grow 25x in over a year

The amount of international money transfers handled by South Korea’s fintech firms have increased more than 25 times over the past year, hinting at the growing popularity of small-sum cross-border mo...

Jun 2, 2019
Finance
Kospi logs 2nd-weakest return among G20 bourses

South Korea’s main bourse Kospi posted a weak return rate of 0.03 percent since the beginning of the year, data from the Korea Exchange showed Sunday, putting the bourse near the bottom rank among it...

Jun 2, 2019
Finance
Seoul shares up for 2nd day on upbeat BOK assessment

South Korean stocks rose for the second straight session Friday as the central bank said the economy is recovering. The local currency fell against the US dollar. The benchmark Korea Composite Stock...

May 31, 2019
Finance
State pension to increase overseas investment to 50% in 2024

South Korea's state pension will gradually increase its overseas investment to some 50 percent of its assets under management in 2024 as part of its effort to boost returns and diversify its portfoli...

May 31, 2019
Finance
Bank of Korea freezes base rate at 1.75%, citing uncertainties

South Korea’s central bank on Friday froze the key interest rate at 1.75 percent, leaving the rate unchanged for six consecutive months, amid lingering concerns over weakening economic growth and ris...

May 31, 2019
Finance
Stock transaction tax cut to take effect Thursday

South Korea’s decision to lower the tax rate on securities transactions by 0.05 percentage point is set to take effect on Thursday, with the financial sector divided on whether it will successfully s...

May 29, 2019
Finance
S. Korean firms issue more than W5tr of ESG-related bonds

South Korean firms have issued more than 5 trillion won ($4.27 billion) worth of environmental, social and governance-related bonds so far this year, which surpasses the volume of the asset class flo...

May 28, 2019
Finance

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114