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The Korea Herald

Markets

June 21, 2024
Hanwha Qcells wins largest community solar deal in US

Hanwha Qcells, the solar energy division of Korean energy company Hanwha Solutions, has signed a significant agreement with US commercial solar developer Summit Ridge Energy to supply 2 gigawatts of solar modules by 2027 for community solar projects and collaborate on energy storage systems. This ...
June 20, 2024
NongHyup Bank, Bankcow partner up on tokenized securities

NongHyup Bank has teamed up with local livestock fractional investment platform Bankcow to expand their business enabling customers to pool their funds to invest in livestock raised on Korean farms. The bank announced on Thursday that it has entered a strategic business agreement with Stockeeper, ...
June 19, 2024
Kakao Bank kick-starts overseas expansion with Superbank launch

Kakao Bank has yielded the result of its first overseas investment, as Indonesian digital bank Superbank officially launched Wednesday. With the launch, Superbank becomes the first bank concentrating on digital financial services in Indonesia, supported by major shareholders that include Korean in...
June 19, 2024
Korea declares full-fledged war to combat low birth rate

President Yoon Suk Yeol declared a "national emergency on population" Wednesday, rolling out measures to expand cash support for newborn babies to reverse the declining birth rate trend. "The population crisis caused by extremely low birthrates is the foremost and critical issue among the various ...
June 19, 2024
Hana Financial head pitches to global investors in Hong Kong

Hana Financial Group Chairman and CEO Ham Young-joo met with overseas investors in Hong Kong through a two-day event to promote the banking group's strategies to elevate its corporate and shareholder values, the firm said Wednesday. At the event which took place Monday and Tuesday, Ham stressed ho...
June 17, 2024
Korea to pilot visa for K-pop trainees

South Korea is to introduce a separate visa track to lure foreign nationals who aspire to become K-pop stars, in a move to attract more tourists from overseas, the Finance Ministry announced on Monday. Based on the concern that the country’s tourism revenue -- the amount that inbound visitors pay...
June 16, 2024
Banks ramp up services for growing foreigner market

South Korean banks are bolstering their services for foreigners to tap into the rapidly expanding foreign customer market. Shinhan Bank recently pioneered a service among local commercial banks that allows foreign residents in Korea to conveniently apply for new check cards online through its mobi...
June 16, 2024
How Korean convenience stores became big names in Central Asia

In the meantime, industry officials said that the nation’s convenience store industry boom came with various merchandising efforts from domestic companies in recent years. “Not only Korean customers but also foreign visitors love visiting convenience stores in Korea due to their diverse and uniq...
June 14, 2024
Mirae Asset founder to be named executive of the year at AIB conference

Mirae Asset Financial Group said Friday that its founder and Chairman Park Hyeon-joo will be honored with the International Executive of the Year Award at the annual conference of Academy of International Business slated for next month. AIB, an eminent association of international business scholar...
June 14, 2024
Mirae Asset Global Investments surpasses W170tr in ETF net assets

By Park Se-ra ( serap1005@heraldcorp.com )
June 14, 2024
Korea Forest Service, Kazakhstan forge forestry cooperation

The Korea Forest Service and the Kazakh government agreed to enhance bilateral cooperation in forestry management through a memorandum of understanding signed at the Presidential Palace in Astana, Kazakhstan, Wednesday. Under the agreement, formalized on the sidelines of the summit between Preside...
June 14, 2024
BOK's rate-cutting cycle coming, but timing depends on inflation

The Bank of Korea looks increasingly likely to push back the start of its interest rate-cutting cycle as late as October as the country enters the last mile in its inflation fight while the US dials back its rate cut forecasts, experts said Thursday. The country’s recent data showing signs of wea...
June 13, 2024
Korea's short selling ban extended to March 2025

South Korea's ban on the short selling of stocks is set to be extended until March next year. The projected deadline was discussed during a government-parliament meeting between the country's top financial regulators and the ruling People Power Party on Thursday to discuss the enhancement of short...
June 13, 2024
BlockSquare Seoul to enhance market intelligence service for crypto investors

Korea's crypto data aggregator BlockSquare Seoul said Thursday that it plans to update its market analysis features in July to offer more detailed investment information for its users. Currently, the company provides market intelligence service under the name Retri, suggesting the best time to buy...
June 12, 2024
Are company directors responsible to shareholders?

Debate over a bill expanding the responsibilities a company director not only to the interest of the firm but also to the interest of the shareholders has been rekindled, with business groups showing strong resistance, arguing it could invite damage claims from individual shareholders. Rep. Jeong ...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099