THE INVESTOR

▶주메뉴 바로가기

▶본문 바로가기

The Korea Herald

Economy

September 02, 2024
Officials call for Korea-Mongolia cooperation to scale back trade reliance on China

South Korea and Mongolia need to strengthen cooperation on the supply of critical minerals to lessen their trade reliance on China, officials and experts from the two countries said at the Korea-Mongolia Vision Forum in Ulaanbaatar, Mongolia. Co-hosted by Herald Media Group and the Ahnsei Foundati...
August 29, 2024
Korea Exchange raises guard against biopharma shares

The Korea Exchange, the country's sole bourse operator, has recently voiced alarm about excessive and speculative trading of biopharmaceutical stocks tied to the resurgence of COVID-19 and the spread of mpox. Retail investors' interests in pharmaceutical and biotech stocks have soared in recent we...
August 29, 2024
CEOs at top banks face mixed outlooks on reappointment

The terms of the CEOs at South Korea's five major commercial banks all end on Dec. 31, and speculation is mounting over their reappointments. Strong earnings across the sector, driven by high revenue and profits, may boost some CEOs' chances for an extension. However, others face uncertainty due t...
August 28, 2024
Korea's economy to stop growing without drastic labor change: FKI

South Korea’s economy is expected to stop growing and hit a negative mark in less than 40 yeares if a plunging birth rate and rapidly aging population continue, according to the Federation of Korean Industries on Wednesday. The FKI, a major economic organization, projected that the potential grow...
August 28, 2024
Halt to daytime trading of US stocks leaves investors in limbo

South Korean investors remain unable to promptly respond to changes in the US stock market, as local brokerage firms' suspension of daytime trading service is expected to continue. Following the shutdown fiasco from the market meltdown earlier this month that led to the cancellation of orders wort...
August 27, 2024
Trump presidency to boost Korea-US chip alliance: Heritage Foundation VP

Derrick Morgan, executive vice president of the US think tank Heritage Foundation, said he expected that economic cooperation between South Korea and the US would deepen, focusing on shipbuilding and semiconductors, if Donald Trump wins the 2024 US presidential race. “The US and the rest of the w...
August 27, 2024
Another tight year ahead for Korea in 2025 with 3.2% budget increase

The Ministry of Economy and Finance has proposed a 677.4 trillion won ($509.2 billion) budget for next year, focusing on fiscal consolidation while bolstering public welfare and investing in strategic emerging industries. The budget, proposed by the finance ministry and endorsed by the Cabinet on ...
August 27, 2024
Korean export delegation visits Vietnam to enhance agricultural trade

A South Korean export delegation arrived in Vietnam on Monday for a weeklong trip aimed at promoting high-quality Korean agricultural products and facilitating their entry into the Vietnamese market. Led by officials from the Ministry of Agriculture, Food and Rural Affairs, the delegation includes...
August 23, 2024
Korea's private consumption to pick up after H2: BOK

South Korea’s domestic consumption is expected to recover gradually after the latter half of this year, but an aging population and sluggish self-employed businesses could dampen the rebound hope, the country’s central bank said Friday. The Bank of Korea said that the recovery of private consump...
August 22, 2024
BOK keeps rate at 3.5%, cuts growth projection to 2.4%

The Bank of Korea kept the base rate steady at 3.5 percent Thursday while slashing the projection for economic growth by 0.1 percentage point to 2.4 percent due to slow domestic demand. All members of the monetary policy board agreed on the rate freeze. Of the six members, excluding BOK Gov. Rhee ...
August 22, 2024
Korea unveils trade roadmap to tackle protectionism in mega election year

South Korea has set a goal to secure the most extensive free trade agreement network and to establish a risk management system to handle growing geopolitical uncertainties in a "super election" year, the Industry Ministry said Thursday while announcing the country's new trade policy roadmap. In a ...
August 21, 2024
Percentage of younger employees drops at major Korean companies: report

Major South Korean companies are seeing an increase in the percentage of employees aged 50 or older, while that of employees in their 20s is declining, a recent report by corporate analysis firm Leaders Index showed Tuesday. The firm analyzed 2021-23 data of 141 companies among the top 500 in the ...
August 21, 2024
Govt. to extend financial support for Tmon, WeMakePrice vendors

The South Korean government is ramping up financial aid to address the rapidly growing unpaid bills from Qoo10 Group’s e-commerce subsidiaries, which have now exceeded 800 billion won ($600 million). On Wednesday, the Finance Ministry announced that overdue payments to vendors on Tmon and WeMakeP...
August 20, 2024
Percentage of younger employees drops at major Korean companies: report

Major South Korean companies are seeing an increase in the percentage of employees aged 50 or older, while that of employees in their 20s is declining, a recent report by corporate analysis firm Leaders Index showed Tuesday. The firm analyzed 2021-23 data of 141 companies among the top 500 in the ...
August 19, 2024
Bankers better paid than Samsung, Hyundai Motor workers

The average earnings of bankers at South Korea's four major banks in the first half of this year amounted to 60.5 million won ($45,300), surpassing the pay at some of the country's largest companies. According to recent public disclosures reported by the banks to the Financial Supervisory Service,...

1 2 3 4 5 6 7 8 9 10

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

FAMILY SITE GO

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