The Korea Herald

Articles by Jung Min-kyung

LATEST NEWS

S. Korea to launch M&A consultative body in response to Japan’s export curbs

South Korea’s financial authorities said Wednesday they plan to launch a consultative body by the end of the month to help local firms seeking mergers and acquisitions that could reduce the country’s...

August 7, 2019
Finance
Kospi dips under 1,900 for first time in 3 years

South Korea’s benchmark Kospi dipped below the 1,900 mark for the first time in three years Tuesday, with risks stemming from the ongoing trade row between Seoul and Tokyo, the intensifying trade war...

August 6, 2019
Finance
KRX halts trading on Kosdaq as it breaches 600 points

South Korea’s secondary bourse Kosdaq sank below the psychologically important 600-point threshold for the first time in 17 months on Monday, triggering the stock exchange to temporarily halt trading...

August 5, 2019
Finance
S. Korea to expand state budget to cope with Japan’s trade curbs

The ruling party, government and presidential office on Sunday vowed to add at least 1 trillion won ($833 million) to next year’s state budget, in an effort to expand fiscal space amid escalated trad...

August 4, 2019
Finance
Kospi to plunge below 2,000 on prolonged Korea-Japan trade spat

South Korea’s benchmark Kospi is projected to dip below the psychologically important 2,000 mark, if escalating trade tensions with Japan are prolonged, a report released by a local brokerage firm sa...

July 30, 2019
Finance
Woori acquires Kukje Asset Trust to beef up nonbanking sector

Woori Financial Group said Friday it has acquired Kukje Asset Trust, a local real estate trust company, in an effort to boost its nonbanking portfolio. The financial holding firm signed a stock purc...

July 26, 2019
Finance
Korea to raise tax credit rate for corporate facility investments, R&D

The South Korean government announced Thursday that it plans to raise the tax credit rate for corporate facility investment and research and development in an effort to stimulate the economy by lifti...

July 25, 2019
Economy
S. Korean investors favor Disney stocks among foreign stocks

South Korea’s individual investors chose Walt Disney stocks as their favorite foreign stock, a poll showed Wednesday. The survey, conducted by local brokerage Samsung Securities, involved 484 invest...

July 24, 2019
Finance
Foreign investors on buying spree of Korean stocks amid trade row with Japan

Overseas investors have been on a buying spree of South Korean stocks this month, despite a dampening mood from the escalating Seoul-Tokyo trade row, data showed Tuesday. According to the Korea Exch...

July 23, 2019
Finance
Japan travel bookings by S. Koreans halve on trade row

A growing number of South Koreans are changing their holiday destinations from Japan to other countries, with a major travel agency on Monday saying demand for tours fell nearly 50 percent, along wit...

July 22, 2019
Industry
Woori Financial Group reports record-high net profit for H1

Woori Financial Group said Monday that it recorded a net profit of nearly 1.8 trillion won ($1.53 billion) for the first half of the year, marking a new high. The figure comes as the result of combi...

July 22, 2019
Finance
Stocks held by K-pop agency owners plummet

The value of stocks owned by both former and current entertainment agency owners in South Korea have dropped nearly 30 percent compared to last year, data showed Sunday, as the industry struggles to ...

July 21, 2019
Finance
[Advertorial] LG Chem contributes to society’s sustainable development

LG Chem, the chemical and biopharma business unit of South Korea’s LG Group, has been contributing to social welfare by carrying out a slew of projects supporting education and green energy in line w...

July 21, 2019
Industry
S. Korea’s top financial regulator offers to resign ahead of Cabinet reshuffle

Financial Services Commission Chairman Choi Jong-ku said Thursday he has offered to resign, to give President Moon Jae-in a wider range of options in the upcoming Cabinet reshuffle. “The term of off...

July 18, 2019
Finance
KIPO arrests counterfeiters of ‘Song Joong-ki facial masks’

Ten suspects behind the illegal manufacturing and distribution of counterfeit facial masks, which used pictures of actor Song Joong-ki without permission, were arrested on charges of trademark infrin...

July 18, 2019
Industry

The Korea Herald by Herald Corporation

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