The Korea Herald

Kospi rally continues as Samsung Electronics shares hit W70,000 mark

MarketsDec 3, 2020

South Korea’s main bourse Kospi continued its bullish run on Thursday with shares of market bellwether Samsung Electronics touching the 70,000-won mark during the intraday trading. Kospi started off...
Kospi rises 10th-sharpest among G-20 bourses in November

MarketsDec 2, 2020

South Korea’s main bourse, Kospi, kept pace with the rallies of major stock markets in Group of 20 economies in November amid hopes of a global economic recovery and new coronavirus vaccine developme...
Ex-FSC vice chief likely to lead stock market operator

MarketsDec 1, 2020

Sohn Byung-doo, former vice chairman of the Financial Services Commission, was named as the single candidate for the new chair post of the Korea Exchange, South Korea’s sole bourse operator, accordin...
Warren Buffett’s favorite market indicator suggests Korean stocks may be overvalued

MarketsNov 30, 2020

While South Korea’s benchmark index hit an all-time record of 2,633.45 on Friday, a global market gauge also reached a new high, suggesting the country’s stock market may be overvalued. The Buffett ...
[Global Finance Awards] Mirae Asset Global shines with high returns from local, overseas investments

MarketsNov 29, 2020

Mirae Asset Global Investments, South Korea’s leading asset management firm, has a long track record both in and out the country. Especially during the volatile market amid the spread of COVID-19 aro...
[Global Finance Awards] Korea Investment and Securities supports young dream

MarketsNov 29, 2020

Under the slogan, “Sharing Happiness, Sharing Love,” Korea Investment & Securities has been taking a part in social contribution activities. The brokerage firm has been running a series of projects ...
As stock market logs new records in November, investors eye year-end rally

MarketsNov 29, 2020

While South Korea’s main bourse has been hitting all-time highs, the country’s stock market also set records in November on the back of an extended buying spree y foreign investors’ Following this mo...
Korea Investment launches first Vietnam leverage ETF

MarketsNov 26, 2020

Korea Investment Management, a fund operating under Korea Investment Holdings, has launched its first Vietnam leverage exchange-traded fund on South Korea’s main bourse, the Kospi, on expectations of...
South Korean supplier to Tesla eyes December IPO on Kospi

MarketsNov 25, 2020

South Korean midsized automotive parts maker Myoung Shin Industry said Wednesday it is looking to raise as much as 91.2 billion won ($82.3 million) from its initial public offering on the nation’s be...
Kospi’s record-high rally continues on COVID-19 vaccine, recovery hopes

MarketsNov 24, 2020

South Korea’s main bourse extended record-setting rallies for the second consecutive session Tuesday, setting a fresh high on hopes of an economic recovery and new coronavirus vaccine developments. ...
Driven by foreign buying, Kospi hits all-time closing high

MarketsNov 23, 2020

Buoyed by a foreign investors’ buying spree that continued into a 13th consecutive session, South Korea’s benchmark Kospi reached a fresh all-time closing high on Monday, amid growing expectations by...
[Contribution] Now is time to focus on supporting companies

EconomyNov 22, 2020

Under the impact of the COVID-19 pandemic and ongoing trade disputes between nations, South Korea’s trade-reliant companies are going through a difficult time. Struggling to survive in this hard tim...
Kospi anticipated to hit all-time high within year on foreign buying

MarketsNov 20, 2020

As South Korea’s main bourse hit its yearly high for a third consecutive session on Friday, investors’ expectations have mounted for a fresh yearly high as early as within the year. The Kospi closed...
Toss to launch brokerage unit next year, targeting 20s, 30s

MarketsNov 19, 2020

South Korea’s leading fintech startup Viva Republica is set to launch a mobile brokerage unit in the first half of next year as it received operational approval from the financial regulator. Named T...
Bitcoin price hits almost 3-year high as investors seek low-risk assets

MoneyNov 18, 2020

The price of largest cryptocurrency Bitcoin reached a recent high dating back nearly three years, rising more than 4 percent within 24 hours amid investors’ rising demand for safe investments, digita...