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Stock prices of firms behind ‘Parasite’ hit new highMarketsFeb 12, 2020Shares of both Barunson E&A, the production company of Oscar-winning “Parasite,” and the entertainment division of stationery and restaurant conglomerate Barunson hit a new 52-week high Wednesday. B... -
FSC, Seoul City join hands to cultivate fintech specialistsEconomyFeb 12, 2020A graduate school aimed at nurturing digital finance specialists will be launched in Seoul’s financial district of Yeouido in September, in a joint project between the Financial Services Commission a... -
![[News Focus] Battle intensifies to become ‘Korea’s Goldman Sachs’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/02/09/20200209000026_0.jpg)
[News Focus] Battle intensifies to become ‘Korea’s Goldman Sachs’MarketsFeb 10, 2020Among them, NH, KIS and KB Securities have been allowed to issue promissory notes. Samsung is excluded from the list due to its 2018 “fat thumb” scandal when it mistakenly paid employees 1,000 shares... -
NPS hikes stake in local firms upon eased rulesMarketsFeb 9, 2020South Korea’s state-run pension operator has sharply increased its stakes in major listed firms after investment rules were eased at the beginning of this month, a financial market tracker said Sunda... -
Kyobo Securities to establish dual CEO systemMarketsFeb 5, 2020Kyobo Securities is set to launch a dual CEO system to strengthen the company’s two business pillars -- investment banking and wealth management -- the company said Wednesday. The board of directors... -
Banks’ private equity funds sold to investors dip 37%MarketsFeb 4, 2020Amid the ongoing controversy regarding the improper sales of derivative-linked products by Korean commercial banks, investors in local lenders’ private equity funds have dipped nearly 37 percent, dat... -
Seoul stocks nearly flat after roller-coaster ride on coronavirus fearsMarketsFeb 3, 2020South Korean stocks ended nearly flat Monday, with fears of the rapid spread of the new coronavirus weighing down investor sentiments. Stocks on China’s major exchanges plunged on the first trading ... -
Seoul stocks plummet nearly 6% amid spread of new coronavirusMarketsFeb 2, 2020South Korean stocks have fluctuated between losses and gains amid growing fears about the Wuhan coronavirus outbreak around the world. Since health authorities confirmed the first coronavirus case h... -
BOK not mulling further rate cut over coronavirus: officialEconomyJan 30, 2020The nation’s central bank is not considering additional rate cuts to counter the potential impact of the Wuhan coronavirus on the Korean economy, a senior official said Thursday. “We need to keep mo... -
IBK chief takes office, ending 27 days of labor protestsMoneyJan 29, 2020This marks the longest period that a CEO of a financial institution has been unable to enter his office. KB Kookmin Bank’s former CEO Lee Kun-ho was obstructed for 14 consecutive days upon his appoin... -
Investors eye low-risk assets as Seoul stocks trim lossesMarketsJan 28, 2020South Korean stocks trimmed their losses Tuesday, losing 3 percent on the first trading session after the four-day Lunar New Year’s holiday, as the fast-spreading Wuhan coronavirus outbreak weakened ... -
Investors flock to real estate funds, seeking stable, high returnsMarketsJan 27, 2020Investors have been increasingly turning to real estate funds, looking for low-risk, high-return investments, according to data on sunday. Total investments in real estate funds stood at 99.39 trill... -
KRX aims to revitalize stock market, add to foreign investors’ convenienceMarketsJan 22, 2020The Korea Exchange said Wednesday it will make efforts to revitalize the sluggish stock market with more convenience for domestic and foreign investors. “To attract more long-term investors to the m... -
‘Most CEOs attending WEF pessimistic on 2020 economic growth’EconomyJan 21, 2020A majority of corporate honchos attending the annual World Economic Forum in Davos, Switzerland, have given the thumbs down to global economic growth this year, a survey by global accounting and cons... -
Number of stock-trading accounts nears 30mMarketsJan 20, 2020The number of active security accounts in South Korea is nearing 30 million amid growing stock trading activities focused on overseas markets, according to data from the Korea Financial Investment As...
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05NK leader warns against complacency in COVID-19 prevention
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