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Small merchants to get loans with lower interest rates next year

Self-employed shop owners and small merchants will get 1.8 trillion won ($1.6 billion) worth of loans with lower interest rates next year as the government seeks to support their businesses, official...

Dec 25, 2018
Finance
Korea to add two more internet-only banks

South Korea’s financial authorities announced Sunday plans to introduce at most two internet-only banks within the next two years, in an apparent move to ramp up competition in a market in the course...

Dec 23, 2018
Finance
Capital raised through IPO lowest in 5 years

The annual volume of capital raised through initial public offerings in the South Korean stock market this year is expected to mark the lowest in five years, amid volatile sessions throughout 2018 du...

Dec 23, 2018
Finance
Seoul shares expected to rebound next week

South Korean stocks are expected to rebound slightly over the holiday-shortened trading sessions next week, led by bargain hunting from the recent slump, analysts said Saturday. The benchmark Korea ...

Dec 22, 2018
Finance
Seoul shares up on institutional buying

South Korean stocks slightly rose Friday as institutions scooped up local shares to offset a selloff by foreigners who remained jittery about global growth, analysts said. The South Korean won firmed...

Dec 21, 2018
Finance
Seoul shares down for 2nd day on global growth woes

South Korean stocks fell for a second day on Friday as investors were increasingly jittery about global economic growth and a possible government shutdown in the United States, analysts said. The Sou...

Dec 21, 2018
Finance
Another cryptocurrency fraud case further dampens market sentiment

The cryptocurrency market, already reeling from a free-fall in the values of key digital currencies, was dealt another blow on Friday as officials at South Korea's No. 1 cryptocurrency exchange were ...

Dec 21, 2018
Finance
Banks encouraged to provide policy loans to desperate borrowers

The financial regulator said Friday it will encourage banks to provide mid-rate policy loans worth 1 trillion won ($886 million) to desperate borrowers from next year, as part of ongoing efforts to r...

Dec 21, 2018
Finance
Korean stock market to end 2018 session on Dec. 28

South Korea's stock market will close this year's trading session next week, the bourse operator said Friday. The main KOSPI, secondary KOSDAQ and derivative markets are scheduled to wrap up the yea...

Dec 21, 2018
Finance
Authorities vow closer watch on US rate hike repercussion

South Korea’s central bank has vowed closer monitoring in domestic financial markets to brace for potential volatile capital flows following a US rate hike Wednesday, while the financial watchdog rev...

Dec 20, 2018
Finance
US Fed's rate hike schedule creates room for S. Korea's monetary policy: BOK chief

A slower rate hike schedule by the US Federal Reserve may give South Korea greater leeway in terms of setting monetary policy in the new year, the head of the country's central bank said Thursday. O...

Dec 20, 2018
Finance
Korea vows to thoroughly prepare for destabilizing factors

South Korea will make thorough preparations for any destabilizing factors after the US raised interest rates, a senior official said Thursday. Lee Ho-seung, the first vice minister of economy and fi...

Dec 20, 2018
Finance
Korean banks to adopt new global rules on interest rate risk next year

South Korean banks will adopt new global rules on management and supervision of interest rate risk next year, the nation's financial watchdog said Thursday. The so-called Interest Rate Risk in the B...

Dec 20, 2018
Finance
Rate differentials have minor impact on foreign bond capital outflow: BOK

The interest rate differentials between the United States and South Korea have had a negligible effect on the outflow of foreign capital from the domestic bond market, showed a study by Korea’s centr...

Dec 19, 2018
Finance
Seoul shares rise on institutional buying

South Korean stocks advanced Wednesday on the back of institutional buying, with investors setting eyes on the upcoming results from the US Federal Reserve's rate-setting meeting, analysts said. The ...

Dec 19, 2018
Finance

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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