The Korea Herald

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Korea-Japan political gridlock haunts currency swap renewal: BOK Gov.

Bank of Korea Gov. Lee Ju-yeol said Tuesday that while lingering political deadlock has held back talks to renew a currency swap deal with Japan, Korea would not be rushing it, during his visit to Zu...

Feb 21, 2018
Finance
Hana extends patronage to national luge team

South Korea’s national luge team -- made up of nine sliders and six coaches – improved their performance in the PyeongChang 2018 Winter Games overall. In the team relay, Korea climbed up three notch...

Feb 21, 2018
Finance
Currency swap with Switzerland proves outside trust of Korean economy

ZURICH -- The bilateral currency swap deal with Switzerland proves that South Korea's economic fundamentals remain strong and there's trust in fiscal policy, the head of South Korea's central bank ha...

Feb 21, 2018
Finance
NH NongHyup acquires patent for call assessment system

South Korea’s agriculture cooperative-based NH NongHyup Bank developed a system to assess the quality of its customer calls in November and recently had a patent registered for the technology, offici...

Feb 20, 2018
Finance
[Herald Interview] Finda envisions online financial marketplace

The Korea Herald is publishing a series of interviews on promising startups in the financial technology industry. This is the 10th installment. - Ed. Despite living in the era of information technol...

Feb 20, 2018
Finance
Korea to support 'normal transactions' of cryptocurrencies

Korea's financial regulator said Tuesday the government will support "normal transactions" of cryptocurrencies, about three weeks after it banned their trading through anonymous bank accounts. The r...

Feb 20, 2018
Finance
Govt. considering easing tax burden on smaller firms: finance minister

The government is considering easing the tax burden on smaller firms and extending more financing to bolster their exports, the country's chief economic policymaker said Tuesday. In a meeting with t...

Feb 20, 2018
Finance
Non-financial firms to be allowed to engage in currency exchange

Non-bank institutions will be allowed to directly engage in currency exchange business starting next month as part of a broader deregulation drive to promote the local financial technology sector, th...

Feb 20, 2018
Finance
Lendit's accumulated volume of loan tops W100b

Lendit, a peer-to-peer lending platform operator in South Korea, has extended a combined 101.8 billion won ($95.4 million) in nearly 7,300 consumer loans as of Monday to midrange borrowers seeking lo...

Feb 19, 2018
Finance
Raonsecure to develop blockchain-based biometric authentication for online banking

Raonsecure, a South Korean biometric authentication firm, has teamed up with Seoul-based blockchain developer The Loop, to develop an authentication system for online financial services. The firms s...

Feb 19, 2018
Finance
Sales of cryptocurrency operators soar eightyfold: data

SEJONG -- Sales of local cryptocurrency exchange operators are presumed to have soared more than eightyfold in 2017 compared with a year earlier, data showed Sunday. According to the data released b...

Feb 18, 2018
Finance
S. Korean shares to face lingering uncertainties next week

South Korean stocks could experience more volatility next week as investors move to rebalance their portfolios to reflect the latest economic data and prospects for the US interest rate following the...

Feb 17, 2018
Finance
Kona I joins Visa biometric card pilot

Smart card manufacturer Kona I said Tuesday it has been selected as card supplier of a pilot project by US card firm Visa to develop a biometric payment card using fingerprint recognition technology....

Feb 13, 2018
Finance
Seoul shares end higher on bargain hunting

South Korean stocks ended higher Monday helped by bargain hunting by retail investors and gains on Wall Street. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price I...

Feb 12, 2018
Finance
[IP in Korea] ‘Patent rights should be guaranteed for anyone’

Companies and individuals -- even nonpracticing entities, commonly referred to as “patent trolls” -- should not be restrained from or blamed for exercising their guaranteed patent rights in the marke...

Feb 11, 2018
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 : Shin Chang Hoon
Tel : 02.727.0114