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South Korea’s largest internet-only bank said on August 5 that its number of monthly active users in June surpassed 11 million — the highest in the nation’s entire bank industry. Kakao Bank’s incre...
In its first step since resuming operation, internet-only lender K bank unveiled a mobile mortgage loan service on August 4, which allows customers to borrow money without visiting brick-and-mortar b...
Kakao Games, the games unit of Korea’s mobile giant Kakao, has submitted a registration statement to the Financial Services Commission, hoping to get listed on the nation’s tech-heavy Kosdaq market i...
The New York-based provider of exchange-traded funds Global X has listed its ETF -- which invests in global telemedicine and digital health companies -- on the Nasdaq, parent company Mirae Asset Glob...
South Korea will allow holding companies of conglomerates to run corporate venture capital units in order to boost investment in startups and invigorate the economy, officials said on July 30. The ...
Shinhan Financial Group, a major banking group in South Korea, has been selected as the preferred bidder for the acquisition of a venture capital company under cash-strapped conglomerate Doosan, sour...
Stock trading transactions on mobile platform Stockplus more than doubled in the first half of the year, mainly due to retail investors, platform operator Dunamu said Tuesday. The transaction volum...
South Korea’s first internet-only bank K bank plans to go public in three years, according to industry sources on July 29. The company recently raised new funds worth some 400 billion won ($334.5 m...
Samsung Asset Management disclosed Sunday it has put a merger plan with its wholly owned hedge fund subsidiary on hold. The Seoul-based asset manager that oversees 26.9 trillion won ($22.3 billion)...
The nation’s financial watchdog said on July 24 its probe revealed that scandal-ridden hedge fund Optimus Asset Management faked the fund portfolio to its investors, misappropriated their money and o...
After months of negotiations and trading barbs, Jeju Air finalized its decision on July 23 to scrap its plans to purchase Eastar Jet -- a decision that may have been inevitable for Jeju amid uncertai...
TR Investment has been given exclusive rights to negotiate with shareholders of MP Group, the operator of pizza restaurant chain Mr. Pizza, to buy a 41.39 percent stake for 35 billion won ($29.19 mil...
The coronavirus pandemic is turning out to be a blessing in disguise for game companies who are staying resilient in South Korea, with Kakao Games’ market valuation soaring -- a blessing in disguise ...
Editor’s note: In support of eco-friendly lifestyles, Herald Corp., runs a year-round campaign through a group of young activists called Ecoya, which promotes environmental issues such as renewabl...
South Korean midsized builder HDC Hyundai Development Co. said Friday that it has received approval from Russian aviation authorities for HDC’s planned takeover of flag carrier Asiana Airlines, but a...
BlackRock sells some of Coway stake
Dunamu’s Q1 profit likely to exceed market expectations on surging coin trades
Shinhan Asset to shy away from domestic equities with low ESG scores
Concerns rise as more young Koreans dip their toes into crypto market
[Feature] Korea’s aging society faces burden of rising debts, heavy taxes
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Kospi hits fresh high on foreign, institutional buying
April 23, 2021
![[Feature] Korea’s aging society faces burden of rising debts, heavy taxes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2021/04/22/20210422000212_0.jpg&md=20210422103252)
