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Military Mutual Aid Association shows outstanding return-on-asset performanceMarketsSept 18, 2020The Military Mutual Aid Association, which provides pension services for military personnel, has been the most profitable mutual aid association in South Korea for the past three years, business data... -
IOC welcomes Kyobo chairman as head of Youth Olympic committeeMarketsSept 17, 2020The International Olympic Committee has sent a congratulatory letter to life insurance firm Kyobo Life Chairman Shin Chang-jae, who has been appointed as the organizing chief for the Gangwon 2024 Win... -
Individual investors pour W100tr into stocks during pandemicMarketsSept 17, 2020The amount of money local retail investors have poured in the local and overseas stock markets has reached more than 100 trillion won ($85.2 billion), according to data released by the nation’s sole ... -
Card issuers fined for leaking customer dataMarketsSept 14, 2020Korea’s three leading credit card companies -- Kookmin Card, Lotte Card and NongHyup Card -- have been slapped with fines for mishandling customer data. The Supreme Court on Monday confirmed a lower... -
S. Korea ranks 9th in investment attractivenessMarketsSept 13, 2020South Korea made a top 10 list of attractive investment destinations around the world, but remained at the bottom among comparable Asian nations, according to a report Sunday. The report recently pu... -
Hyundai Card issues W450b green bondsMarketsSept 10, 2020Hyundai Card, the credit card company under automotive giant Hyundai Motor Group, said Thursday that it has issued 450 billion won ($379 million) in green bonds to fund alternative energy and environ... -
KDB finalizes acquisition of Indonesian financial firm Tifa FinanceMarketsSept 9, 2020The state-run Korea Development Bank said on Wednesday that it has recently completed the process to acquire the Indonesian company Tifa Finance. The latest takeover, which is in line with the gover... -
Apartment prices in Seoul, elsewhere continue to soarMarketsSept 8, 2020Despite the government’s claim that the housing market is stabilizing, apartment prices in Seoul increased in August from the previous month and the same was true for other cities across the nation, ... -
Number of KakaoPay Securities subscribers reaches 2 millionMarketsSept 7, 2020KakaoPay Securities, the stock brokerage arm of mobile messenger giant Kakao, said Monday that it saw its number of subscribers exceed 2 million some six months after the firm’s official launch on Fe... -
![[Newsmaker] Big Hit CEO Bang Si-hyuk likely to hit jack pot with IPO](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/09/06/20200906000073_0.jpg)
[Newsmaker] Big Hit CEO Bang Si-hyuk likely to hit jack pot with IPOMarketsSept 6, 2020The scheduled initial offering of Big Hit Entertainment, the label behind K-pop boy band BTS, is likely to make its CEO Bang Si-hyuk one of the wealthiest people in South Korea The Big Hit CEO is cu... -
Some 40,000 retail traders come out empty-handed in Kakao Games IPO preorderMarketsSept 6, 2020Although mobile game publisher Kakao Games’ initial public offering subscription last week was the talk of the town in South Korea, some retail investors who took part in the preorder session did not... -
BTS impact spills over into Korean stock marketMarketsSept 3, 2020With Big Hit Entertainment, the label behind K-pop sensation BTS, pursuing an initial public offering next month, investors appear to be increasingly drawn to South Korea’s entertainment stocks. Som... -
BTS label Big Hit applies for IPOMarketsSept 2, 2020Big Hit Entertainment, the company behind K-pop sensation BTS, on Wednesday filed an application for initial public offering, according to its regulatory filing. The company said in the filing that ... -
KB Kookmin launches mobile app for tithingMarketsSept 2, 2020South Korean commercial bank KB Kookmin Bank said Wednesday that it has launched a mobile app to help churchgoers manage the donations they give to their local churches. Amid the emergence of a new ... -
Toss Lab’s collaboration tool raises new investment for global expansionMarketsSept 2, 2020Toss Lab, an operator of Slack-like team collaboration platform JANDI, said Wednesday that it has newly raised 14 billion won ($11.8 million) from a group of investors. The investors include Softban...
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01Holiday travel crunch to pose COVID-19 challenge for Korea
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03Korea braces for ‘twindemic’ of flu, COVID-19
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05Incheon drunken driving case referred to prosecution
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07[Newsmaker] Seoul city to file 4.6b won compensation suit against pastor
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09LG Chem’s battery biz to break away as LG Energy Solution
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