The Korea Herald

KRX names former FSC vice chief as new chief exec

MarketsDec 18, 2020

South Korea’s sole bourse operator has named Sohn Byung-doo, former vice chairman of the Financial Services Commission, to take the new chief post of the Korea Exchange, according to the officials Fr...
Most expensive house in Korea: Shinsegae chairwoman’s W30b residence

MoneyDec 18, 2020

A Hannam-dong residence in central Seoul owned by Shinsegae Group’s chief retained its top position as the most expensive house in Korea, data showed Friday. The value of Shinsegae chairwoman Lee My...
Exports of K-pop albums, videos hit record

EconomyDec 17, 2020

South Korea’s outbound shipments of music albums and videos reached an all-time high this year, in the wake of growing popularity of K-pop acts worldwide, data showed Thursday. According to data fro...
Stock investment loans surge as Kospi hits new high

MarketsDec 16, 2020

The Kospi hit a new all-time high on Wednesday on growing hopes over US stimulus talks and reports on vaccine candidates, closing at 2,771.79. The tech-heavy Kosdaq also rose to 939.65, marking its ...
MSCI advanced index listing key to attracting foreign capital: expert

MarketsDec 15, 2020

An extra 60 trillion won ($54.91 billion) worth of foreign funds could flow into the South Korean stock market if the nation joins the Morgan Stanley Capital Investment Advanced Market Index, a marke...
Retail investors rush to buy soaring Samsung Electronics shares

MarketsDec 14, 2020

South Korean retail investors last week injected over 1.2 trillion won ($1.1 billion) to buy Samsung Electronics shares that touched the 70,000 won mark for the first time earlier this month, data sh...
Korean GDP to grow 3.6%, Kospi to hit 2,850 in 2021: Nomura

MarketsDec 10, 2020

Driven by the development of COVID-19 vaccines and their eventual distribution, South Korea’s economy will steadily recover in 2021, growing at 3.6 percent followed by a 0.8 percent contraction this ...
Korea’s secondary bourse approaches 18-year high

MarketsDec 8, 2020

South Korea’s secondary bourse has continued to rally over the past few weeks, touching the 930-point mark during early trading on Tuesday and marking an 18-year high. The tech-heavy bourse reached ...
Mr. Pizza operator’s shares plunge after market return in 40 months

MarketsDec 7, 2020

Shares of MP Group, the South Korean company that controls pizza restaurant franchise Mr. Pizza and coffee chain Manoffin, plunged over 21 percent at the close, after it resumed trading on the nation...
Kospi tops 2,700-point mark for the first time on foreign buying

MarketsDec 4, 2020

South Korea’s main bourse, Kospi, topped the 2,700-point mark for the first time on Friday with a continued rally by giant chipmakers. The local currency’s value against the US greenback also rose fu...
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...