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Korean VC firms expand investments in pet technology startups

Eyeing the fast-growing pet industry, Korean venture capital firms have been expanding their investments in developers and manufacturers of products related to pet technology this year. Pet technolo...

Sept 3, 2019
Finance
Seoul to implement 5G cybersecurity strategy by 2022

South Korea will push forward a comprehensive strategy to strengthen its national cybersecurity by 2022 to better cope with the emergence of the 5G hyper-connected world, the Science Ministry said Tu...

Sept 3, 2019
Finance
Internet-only banks’ financial soundness level falters in Q2

Kakao Bank expected to rebound after shareholding rearrangement, K bank continues to struggle after capital increase plan falls through

Sept 2, 2019
Finance
Daily credit card spending continues to rise in H1

Daily credit card spending in South Korea continued to climb in the first half on increased online purchases, central bank data showed Monday. Credit card holders spent an average 1.9 trillion won (...

Sept 2, 2019
Finance
Equity fund related to Korea-Japan trade spat raises W40b

A local equity fund, in which South Korean President Moon Jae-in invested last week to show his confidence in domestic firms likely to benefit from Japan’s export curbs, has amassed more than 40 bill...

Sept 1, 2019
Finance
Seoul stocks to move in tight range this week on trade woes

South Korean stocks are expected to move in a tight range this week as investors remain wary over the US and China trade row, analysts said Sunday. On Friday, the benchmark Korea Composite Stock Pri...

Sept 1, 2019
Finance
Hyundai Card stays ahead of curve with new premium card packaging

A year since its launch of the Green, an online application-only credit card targeting young customers, Hyundai Card has decided to take a step further and adopt a new packaging for its premium cards...

Aug 29, 2019
Finance
Korean bank chiefs to join Moon on Myanmar trip

Chiefs of major South Korean commercial banks will join President Moon Jae-in as part of his economic delegation on the Myanmar leg of his trip to three Southeast Asian countries next week, sources s...

Aug 28, 2019
Finance
FSC nominee vows to reform financial industry regulations

The nominee for the nation's top financial regulator said Monday that the government should continue to reform regulations and lower the entry barrier to the financial sector to boost the dynamic of ...

Aug 26, 2019
Finance
Kospi-listed firms see higher debt ratio in H1

The average debt-to-equity ratio of South Korean firms listed on the main bourse Kospi increased 4.44 percentage points from the end of last year, data released by the Korea Exchange and the Korea Li...

Aug 26, 2019
Finance
BOK likely to freeze base interest rate amid Japan factor, uncertainties

With growing economic uncertainties and ongoing trade tensions with Japan, the South Korean central bank is highly likely to freeze the base interest rate at an upcoming meeting of its Monetary Polic...

Aug 25, 2019
Finance
Seoul stocks likely to remain subdued next week on global woes

South Korean stocks are expected to face volatile sessions next week on growing concerns of a global slowdown, analysts said Saturday. The benchmark Korea Composite Stock Price Index closed at 1,948...

Aug 24, 2019
Finance
Seoul stocks down for 2nd day ahead of Fed chief's speech

South Korean stocks closed slightly lower Friday as investors took to the sidelines amid uncertainty over the US Federal Reserve's much-awaited rate cuts and concerns over the escalating tension with...

Aug 23, 2019
Finance
S. Korea issued $2.7b high-risk derivative products in 2018: data

South Korea’s financial institutions issued 3.2 trillion won ($2.7 billion) worth of high-risk derivatives-linked securities last year that did not guarantee the return of the investor’s original inv...

Aug 22, 2019
Finance
Koreans' overseas card spending inches down in Q2

Overseas card spending by South Koreans slightly dropped from three months earlier in the second quarter, partly due to a decrease in the number of people going abroad, central bank data showed Thurs...

Aug 22, 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