The Korea Herald

Mobile game transactions hit record W1.66tr in Q1: data

EconomyApr 14, 2021

Transactions on mobile games in South Korea reached a record high in the first quarter of this year, data showed Wednesday, amid the pandemic-driven online gaming trend. Mobile game transactions sto...
Liquor firms fare badly in 2020 on pandemic fallout

EconomyApr 14, 2021

Liquor companies in South Korea performed poorly in 2020 as people consumed less alcohol due to the coronavirus outbreak, data showed Wednesday. Lotte Chilsung Beverage Co., a major maker of beer an...
Amid pandemic, WeWork Korea tops in revenue growth

MarketsApr 14, 2021

“Under the first generation of WeWork executives, the company put focus only on expansion, which I don’t think was a totally wrong scheme for an IT company. Under the new leadership, which I call WeW...
S. Korea basks in 1st job additions in 13 months amid recovery hope

EconomyApr 14, 2021

South Korea reported the first job additions in 13 months in March in the latest sign that the job market is recovering after a yearlong slump caused by the pandemic, data showed Wednesday. The numb...
Export prices up for 4th month in March

EconomyApr 14, 2021

South Korea's export prices rose in March, marking the fourth straight monthly gain amid a modest recovery in exports, central bank data showed Wednesday. The country's export price index, in terms ...
Seoul stocks open higher on eased inflation woes, job data

MarketsApr 14, 2021

South Korean stocks opened higher Wednesday on eased inflation woes and better-than-expected job data. The benchmark Korea Composite Stock Price Index (KOSPI) advanced 3.86 points, or 0.12 percent, ...
Cautious approach needed for YouTube stock investing channels: study

MarketsApr 14, 2021

The growing influence of YouTube stock investing channels could have a negative impact on investors’ decisions as well as the stock markets, a study showed on Tuesday. Nam Gil-nam, senior research f...
Blockchain professionals discuss digital asset trends

MarketsApr 13, 2021

Blockchain professionals and experts flocked to Seoul on Tuesday to discuss the latest trends surrounding digital assets. Topics at the seminar, dubbed World Blockchain Summit Marvels Seoul 2021, re...
Samsung Card presents AI-powered customer analysis at Nvidia forum

MarketsApr 13, 2021

Credit card issuer Samsung Card said Tuesday that it has delivered a presentation on how it is using artificial intelligence in marketing and customer analysis at an online tech conference held by ch...
Mirae Asset bets on global unicorns eyeing IPOs

MarketsApr 13, 2021

South Korean brokerage firm Mirae Asset Securities is betting big on global startups going public on US stock markets. Chinese ride-hailing giant Didi Chuxing recently submitted its regulatory filin...
Woori joins Vietnam electronic network for cashless payments

EconomyApr 13, 2021

Woori Bank said on Tuesday it has completed a project led by the Vietnamese central bank to jointly set up an electronic network for financial transactions aimed at promoting cashless payments in the...
Seoul stocks up for 2nd day on earnings hopes

MarketsApr 13, 2021

South Korean stocks rose for the second straight session Tuesday on hopes for better earnings amid a global economic recovery. The Korean won fell against the US dollar. The benchmark Korea Composit...
Korea's crypto investors appear to be shifting toward minor virtual coins

MarketsApr 13, 2021

S. Korean crypto exchanges in their heyday on hike in transaction fees
Return of short-selling won’t trigger correction: Morgan Stanley

MarketsApr 13, 2021

Global investment bank raises upper-end target band for Kospi to 3,250 points
South Korean lottery spending up 7.2%

MoneyApr 13, 2021

South Korean households spent a monthly average of 7.2 percent more on lottery tickets last year, compared with the previous year, data from the Korean Statistical Information Service showed Tuesday....