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SK Biopharmaceuticals shares spike for 2nd day in rowMarketsJul 3, 2020SK Biopharmaceuticals, the largest initial public offering of this year so far, continued to perform strong Friday, soaring to a daily limit of 30 percent in the second trading session. The bio unit... -
NPS logs record high annual return in 2019EconomyJul 3, 2020South Korea’s public pension fund National Pension Service has posted a return rate of 11.34 percent last year, hitting a 10-year record high, Minister of Health and Welfare Park Neung-hoo said Frida... -
As largest IPO of year, SK Biopharmaceuticals makes strong market debutMarketsJul 2, 2020Prior to its market debut, local and offshore investors rushed for SK Biopharmaceuticals shares due to its growth potential amid the coronavirus pandemic. The retail investors’ tranche marked the end... -
![[Exclusive] S. Korea’s drive to develop pan-Asia stock index ends in failure](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/07/01/20200701000661_0.jpg)
[Exclusive] S. Korea’s drive to develop pan-Asia stock index ends in failureMarketsJul 1, 2020South Korea’s drive to launch the first pan-Asian benchmark comprising major blue chip stocks in the region appears to have fallen apart, thanks to political differences and a lack of interest from l... -
Seoul stocks shed nearly 2% amid renewed virus fearsMarketsJun 29, 2020South Korean stocks dipped about 2 percent Monday, amid renewed fears over the coronavirus outbreak promoted by a resurgence in new confirmed cases over the weekend. The Korean won continued to rise ... -
NPS offloads 1.1m shares of Hotel Shilla in Q2MarketsJun 28, 2020South Korea’s National Pension Service sold 1.09 million shares in the nation’s leading hospitality and duty-free operator Hotel Shilla in the second quarter, a filing showed Sunday. As of Wednesday... -
Appetite of US investors in Korea’s stock market growsMarketsJun 28, 2020The impact of US shareholders has grown on South Korea’s stock market, as they expand investments in large-cap stocks, according to the latest data Sunday. In a survey of shareholders from the US an... -
Lee Seo-jin, IU named PR ambassadors for NTSEconomyJun 24, 2020National Tax Service Commissioner Kim Hyun-jun (center) poses with actor Lee Seo-jin (left) and singer-actor IU, who were appointed as PR ambassadors of the tax agency in Seoul on Wednesday. The two ... -
![[News Focus] Tokyo’s bid to replace HK threatens Seoul’s dream of becoming financial hub](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/06/23/20200623000763_0.jpg)
[News Focus] Tokyo’s bid to replace HK threatens Seoul’s dream of becoming financial hubEconomyJun 23, 2020Turning Seoul into a new financial hub in Asia has for long been a campaign promise of local politicians cutting across party lines. Seoul Mayor Park Won-soon, who is now in his third term, is no ex... -
SK Biopharm likely to join Kospi 200 in September: analystsMarketsJun 22, 2020South Korean drug developer SK Biopharmaceuticals is likely to get an early admission to join the Kospi 200 -- a basket of top 200 blue-chip stocks of the nation’s benchmark index Kospi -- possibly o... -
Biotech firm SillaJen faces review on possible delistingMarketsJun 19, 2020The nation’s sole bourse operator announced Friday that it has decided to examine SillaJen’s listing eligibility. “We are set to decide whether to delist SillaJen or give it some more time for impro... -
Hyundai Capital issues green bonds worth $316mMoneyJun 18, 2020South Korean auto financing firm Hyundai Capital said Thursday that it has issued three-year Swiss franc-denominated green bonds worth 300 million francs ($316 million). The bonds are being issued b... -
Amid continued selling spree, foreign investors eye Celltrion sharesMarketsJun 18, 2020Despite their continued selling spree of local stocks, foreign investors have grabbed 427 billion won ($351.4 million) worth shares of local biopharmaceutical firm Celltrion’s key affiliates, accordi... -
NH Investment seeks to build customer trust via cultural spaceMarketsJun 17, 2020In addition to serving free coffee and cakes, the space also holds wine, photography and meditation classes for customers. Potential customers can also visit Culture Salon by registering online, the... -
Hyundai Card, Starbucks launch private label credit cardMoneyJun 16, 2020Hyundai Card said Tuesday it has forged a partnership with Starbucks Korea to launch a private label credit card in the second half of this year. The local credit card issuer will be in charge of ma...
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