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Bitcoin hits $80,000 for the first time
Putin finalizes N. Korea defense deal
N. Korea's World Cup-winning footballers get heroes' welcome home
Yoon launches group to prepare for Trump’s return
Only one-third of young diabetic Koreans receiving treatment: data
Chinese violinist Luo Chaowen wins Isangyun Competition
[Herald Review] ‘Hear Me: Our Summer’: the power of speaking through the eyes
Raising bookworms or robots? Why private reading academies thrive
Yoon struggles amid lowest approval rating
US scholar calls Japan stance on Dokdo ‘inexcusably hypocritical’
Fire at Posco plant in Pohang extinguished, but raises safety concerns
Will ousting KMA chief on eve of new talks shift medical standoff?
BTS’ Jin to spread happiness with 1st solo album ‘Happy’
Korean shipbuilders upbeat on Trump’s call for collaboration
Student backlash erupts as Dongduk Women's University weighs coed future
LG Display unveils world's most stretchable display
Deer incidents put Seoul's southern suburbs on alert
Chubby banana milk bottle eyes national heritage listing
S. Korea, ASEAN seek ‘sustainable, resilient future’ with elevated partnership
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Market drops over US Fed’s rate hike plan, but officials say Seoul safe from volatility
Economy
Jun 17, 2021
Kospi, crypto trade bearish on Fed’s hawkish stance, curbing confidence over economic recovery
Financial firms scurry to forge cross-industry partnerships for data-driven innovation
Money
May 11, 2021
Cross-industry partnerships in the financial sector are in full swing as banks seek to transform personal data into a new revenue source, ditching their reliance on interest rates. Commercial lenders and credit card companies have been rushing to forge alliances with mobile carriers and retailers to compile large volumes of customer data from business partners in order to provide personalized products and to fuel data-driven marketing activities. The heating competition is ignited by the gove
Korean brokerages in race to lure sleepless US stock traders
Markets
May 10, 2021
South Korea’s securities brokerage houses are in a heated race to attract retail stock investors with an interest in the US stock market, providing more cost-competitive services and enhancing those services with technology. Their services sweeten the deal for day traders here, who are increasingly fond of US stocks such as Tesla, Apple, Amazon.com, Alphabet, Nvidia and Microsoft, as the brokerages even buy and sell stocks overnight. With the start of daylight saving time in the US, regu
War over digital financing looms as traditional banks jump into online-only services
Markets
May 4, 2021
Faster than anyone could have imagined, South Korea’s IT platforms, which have had no banking experience at all, have quickly become a dominant force in the nation’s retail banking scene. The COVID-19 pandemic has been defining moment for digital transformation, according to industry watchers, with the rising number of consumers preferring non-face-to-face banking services. According to the Bank of Korea, the volume of money transfers and loan applications carried out
Kospi’s dizzy new heights: Asset bubble or market reality?
Markets
Jan 12, 2021
Some analysts optimistic about upward direction of South Korea's main bourse, but others warn of its speed
Korean market gains momentum from individual investors
Markets
Jan 3, 2021
Increased liquidity, tightened housing regulations, and anticipation of post-pandemic recovery to attract more ‘ant warriors’ to equity investment in 2021
Housing price rally likely to continue next year over supply shortage
Markets
Dec 29, 2020
South Korea’s housing price rally, sparked by a supply shortage and tightened regulations throughout the year, is likely to continue next year, stoking concerns about housing market instability. According to KB Financial Group in a report, housing prices across the country will see an upward march overall next year while two-year rentals requiring a refundable lump-sum deposit in lieu of monthly rent, called “jeonse,” will also be more expensive. The report, based on a surve
Liquidity likely to uphold stock rally
Markets
Aug 6, 2020
Kospi surges 60% to nearly 2-year high, some forecast reaching 2,400 points in H2
Political links to South Korean hedge funds spark controversy
Money
Jul 20, 2020
Troubled hedge fund operator’s entangled ties with political circles expose misleading attempts to cover up shallow investment strategies
Snowballing fiasco shows Korea's failure to create healthy hedge fund environment
Markets
Jul 19, 2020
Series of hedge fund scandals suggest failure of policy drive to create Korean rival to Elliott Management, regulatory loopholes, and immaturity of market itself
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Yoon struggles amid lowest approval rating
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