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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... -
IGIS Asset Management taps Singapore marketMarketsJun 15, 2020South Korea’s biggest real estate asset management firm IGIS Asset Management said Monday it has launched a new office in Singapore as part of its global expansion. The new branch, IGIS Asia, is the... -
![[Herald Interview] ‘Start saving as early as possible for financial freedom in later years’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/06/11/20200611000005_0.jpg)
[Herald Interview] ‘Start saving as early as possible for financial freedom in later years’MarketsJun 14, 2020Many Korean investors still strongly believe that real estate investment will bring higher returns than any other financial product. About 75 percent of the nation’s household assets are real estate,... -
![[Herald Interview] ‘Retail investors’ impact grows more powerful in Korea’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/06/10/20200610000678_0.jpg)
[Herald Interview] ‘Retail investors’ impact grows more powerful in Korea’MarketsJun 10, 2020South Korea’s stock market still remains more vulnerable to global crises than its neighboring country, namely Japan. But its fast recovery from the initial impact of the COVID-19 pandemic was buttr... -
Arrest warrant rejection likely to give Samsung stocks temporary boost: reportMarketsJun 9, 2020A court’s rejection of the prosecution’s request to arrest Samsung Electronics Vice Chairman Lee Jae-yong on Tuesday, appears to have temporarily cleared uncertainties surrounding the chip giant’s op... -
IGIS Asset Management to list 1st REIT on KospiMarketsJun 5, 2020The REIT is expected to hand out some 6.45 percent annual dividends in returns from the securitized real estate to its investors over 10 years. It will further expand the portfolio by adding real est... -
Credit loan balance for stock investment exceeds W11trMarketsJun 5, 2020The balance of credit loans taken out for stock investments by individuals has reached over 11 trillion won ($9.1 billion), data showed Friday. According to data from the Korea Financial Investment ... -
Social Solidarity Bank, JPMorgan to support micro-businessesMarketsJun 4, 2020JPMorgan will provide 480 million won ($394,000) worth of immediate support, relief and inclusive recovery fund to small and micro-businesses hit hard by the unexpected coronavirus pandemic in South ... -
NTS launches tax evasion probe into Starbucks KoreaEconomyJun 4, 2020The National Tax Service has launched a special probe into allegations of tax evasion by Starbucks Korea, according to local media outlets Thursday. The Seoul office of the NTS has conducted an irre... -
Kospi hits 3-month high in hopes of economic recoveryMarketsJun 3, 2020South Korea’s main bourse Kospi on Wednesday rose 2.87 percent to 2,147 points, the highest in more than three months, with foreign and institutional investors scooping up local shares anticipating a... -
ESG bond market to benefit from KRX’s fee-waiverMarketsJun 2, 2020The stock market operator’s move to offer benefits to companies running socially conscious bonds is likely to add vitality to the environmental, social and governance-related bond market in South Kor... -
SCM Lifescience lowers IPO price in second attemptMarketsJun 1, 2020South Korea’s biotech firm SCM Lifescience said Monday it has decided to lower its initial public offering price range to attract more investors for its market debut this month on the Kosdaq. By iss... -
Big guns to revive Korea’s lackluster IPO marketMarketsMay 31, 2020Earlier, market experts forecast that SK Biopharmaceuticals would revitalize the nation’s sluggish IPO market. It is widely projected to be the biggest IPO since the nation’s top mobile gaming firm N...
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01S. Korea extends current social distancing level for 2 weeks, eases restrictions on cafes, gyms
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