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The Korea Herald

Markets

March 19, 2024
Tuggle joins Goyang, Yourside in promoting pet-related industries

DAO Research Institute, operator of pet service platform Tuggle, signed a memorandum of understanding with the city government of Goyang, Gyeonggi Province, and the Yourside volunteer group to collaborate on developing pet-related industries, officials said Tuesday. The memorandum was to ensure th...
March 18, 2024
K-water to share know-how with Vietnam

Korea Water Resources, the state-run water management agency, announced Monday that it has partnered with Vietnam’s National Center for Water Resources Planning and Investigation to address the country's water concerns and mitigate against climate change impacts. The collaboration was formalized ...
March 18, 2024
Regulator launches probe into Netflix, Wavve over alleged unfair biz practices

South Korea's antitrust regulator has launched an on-site inspection into over-the-top streaming platforms Netflix and Wavve on suspicions of their failure to properly notify users of terms of an early subscription cancellation, officials said Monday. The Fair Trade Commission (FTC) sent inspector...
March 18, 2024
[Herald Interview] Lithium-rich Chile seeks to lure more Korean investment

Of particular interest are opportunities in the lithium industry, where Chile aims to leverage its position as a global leader in lithium reserves. With plans to adopt direct extraction technology and move up the value chain to produce value-added lithium products, collaborations with Korean compa...
March 18, 2024
Finance stocks rally despite ELS woes

Despite internal setbacks, South Korean finance giants are forging ahead with a robust rally in the local stock market, as several companies reach historic highs. The share prices of KB Financial Co. and Hana Financial Co., two of the nation's biggest finance holding firms, soared to unprecedented...
March 16, 2024
Is money flocking to the strong crypto market in Korea?

Bitcoin, the leading cryptocurrency, continues its robust performance by hitting successive all-time highs, marking a trend of strength. However, as the domestic stock market remains in a state of stagnation, there are indications that substantial idle funds in the market have significantly withdr...
March 16, 2024
Major shifts among top market cap stocks on the KOSPI

Financial sector rises while secondary battery stocks decline As stock prices of large-cap stocks fluctuate since the beginning of the year, the ranking of the top companies by market capitalization has changed significantly. Expectations surrounding “value-up” programs have led to a surge in r...
March 15, 2024
Overseas direct purchases to lead e-commerce trends: data

Amid escalating competition in Korea's e-commerce landscape, direct overseas transactions between individual sellers and consumers have become a growing trend, according to eBay. On Friday, eBay unveiled insights into this year's online direct purchase market, drawing from comprehensive annual sal...
March 15, 2024
Bank Shinhan Indonesia, Indodana collaborate for digital lending service

Shinhan Bank on Friday said that its Indonesian subsidiary has teamed up with an Indonesian financial technology company to bolster its presence in the digital platform-based loan market in the Southeast Asian country. Bank Shinhan Indonesia and PT Artha Dana Teknologi Indodana signed a memorandum...
March 15, 2024
Container shipping costs of EU-S. Korea route up 40 pct amid Red Sea crisis

Container shipping costs from Europe to South Korea soared nearly 40 percent in February amid continued tensions surrounding the Red Sea, data showed Friday. The average shipping cost for a 40-foot container for the route jumped 38.7 percent on-month to 1.24 million won ($934.16) last month, accor...
March 15, 2024
S. Korea's overseas direct investment falls for first time in 3 years

South Korea's overseas direct investment fell for the first time in three years in 2023 amid an economic slowdown in China and geopolitical uncertainties, the finance ministry said Friday. Investments made by South Korean companies declined 22.2 percent on-year to come to $63.38 billion last year,...
March 14, 2024
BOK warns hasty policy pivot amid inflation woes

South Korea's central bank said Thursday it will maintain its current restrictive policy stance as any hasty rate policy change may undermine market confidence and further raise already high household debt. In its latest monetary policy report, the Bank of Korea (BOK) said the country's inflation ...
March 14, 2024
Regulator revises stewardship code for institutional investors to join corporate value-up scheme

The financial regulator said Thursday it revised a stewardship code for institutional investors to encourage them to join a corporate value-up scheme. The revised code urges institutional investors to "check to make sure the companies they invest in establish and implement long-term strategies to ...
March 13, 2024
Chinese e-commerce platforms to face tighter antitrust scrutiny

With increasing complaints from Korean consumers regarding the quality of products and the prevalence of knock-off items they purchased from Chinese e-commerce platforms, the country’s antitrust regulator vowed to strengthen the monitoring of foreign operators’ unfair business practices and uphol...
March 13, 2024
US gains propel Kospi to 2-year intraday high

The Korean stock market rallied early Wednesday, with the benchmark Kospi breaking above 2,700 points during trading hours for the first time in nearly two years as the market tracked overnight Wall Street gains. The local benchmark Kospi touched 2,701.45 points during trading hours. The peak came...

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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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