The Korea Herald

Market cap of top 10 groups up 8% this year

Mar 20, 2017

South Korea’s 10 biggest groups saw their market capitalization rise 8.1 percent so far this year, led by the country’s behemoth Samsung Group affiliates, according to the Korea Exchange on Monday. ...
STX likely to avoid delisting after SM Group’s takeover

Mar 20, 2017

STX, a general trading firm, will be able to be traded again on the local stock market after it is sold to a mid-size local shipping group as planned, according to the country’s bourse operator, Mond...
Korea to temporarily ease regulations to boost fintech industry

Mar 20, 2017

South Korea's financial regulator said Monday it will temporarily ease a set of regulations to help boost the new financial technology, or "fintech," sector. In South Korea, smartphone users who hav...
Seoul stocks fall on foreign sell-offs

Mar 20, 2017

South Korean stocks fell Monday as foreign investors remained net sellers for the first time in 11 trading days, with investors opting to cash in part of their recent gains. The Korean won rose again...
SFC to decide on Deloitte Anjin penalty Friday

Mar 20, 2017

South Korea’s financial authorities will decide Friday to what extent Deloitte Anjin should be punished for writing false financial reports for troubled shipbuilder Daewoo Shipbuilding & Marine Engin...
Korean shares down in late morning trading

Mar 20, 2017

South Korean shares traded lower late Monday morning, tracking their cue from the decline on Wall Street as investors opted to cash in part of their recent gains. The benchmark Korea Composite Stock...
Seoul stocks start lower tracking Wall Street

Mar 20, 2017

South Korean shares opened weak Monday, taking their cue from the decline in Wall Street last Friday. The benchmark Korea Composite Stock Price Index slipped 8.17 points, or 0.38 percent, to 2,156.4...
Households' financial woes deepen amid interest rate hikes

Mar 20, 2017

South Korea's households are exposed to growing financial risks from mounting debt, weak income growth and high unemployment rates, data showed Monday. The deepening trouble of ordinary people in As...
Boom in overseas property investment spurs growth in real estate funds

Mar 19, 2017

The recent boom in overseas property investment has spurred the growth of local real estate funds, industry sources said Sunday. Fund managers here said that interest has been on the rise to acquire...
Uncollected basic pensions top nearly W400b since 2014

Mar 19, 2017

The outstanding amount of unpaid basic pensions in South Korea has reached almost 400 billion won ($353.6 million) over the past two years, due largely to a decline in pension applications, parliamen...
Corporate tax payments by 10 biggest chaebol rise in 2016 helped by Samsung: data

Mar 19, 2017

Corporate tax payments made by South Korea's 10 biggest business groups rose slightly in 2016 from a year earlier due mainly to robust earnings by Samsung Electronics Co. amid surging semiconductor a...
Finance minister briefs IMF chief on foreign exchange

Mar 18, 2017

South Korean Finance Minister Yoo Il-ho gave a detailed briefing on the country's foreign exchange policy when he met with IMF chief Christine Lagarde on Friday amid concern the United States could d...
Kospi touches fresh near 2-year high

Mar 17, 2017

South Korea’s main bourse on Friday hit the highest point in almost two years amid diffused concerns on US rate hikes and continued rallies by Samsung Electronics‘ and other heavyweights. The Kospi ...
Seoul stocks hit fresh 2-year highs on eased Fed rate concerns, foreign buying

Mar 17, 2017

South Korean stocks reached fresh highs in almost two years on Friday, extending the winning streak to a second day, on eased concerns over the pace of rate hikes in the US and extended foreign buyin...
Korean stocks up in late morning trade

Mar 17, 2017

South Korean stocks traded slightly higher late Friday morning, after swinging between gains and losses, after hitting an almost two-year high in the previous session on the back of eased concerns ov...