Most Popular
-
1
[Exclusive] Democratic Party of Korea forms US election task force
-
2
NewJeans has few options after Ador rejects group's request to reinstate Min Hee-jin as CEO
-
3
Seoul seeks to improve foreign nanny program after two abscond
-
4
[Grace Kao] NewJeans fights Hybe for their survival
-
5
Samsung, top banks to create W2tr green growth fund for SMEs
-
6
Malnutrition cases nearly triple in last 5 years
-
7
An increasing number of K-pop idols are breaking free from big agencies. Why?
-
8
KFA Chair denies unfair hiring of national coach
-
9
Couple welcoming quintuplets to receive over W170m in childbirth grants
-
10
College is expensive? In S. Korea, English preschools cost much more
-
[ANALYST REPORT] Petrochemical Industry: Key factors that will transform market landscape
The Asian petrochemical market has been bearish due to a surge in oil prices (affect cost) and China’s heightened credit risk (affects demand), in the run-up to major macroeconomic events in June. We expect capacity expansion projects (affect supply) to be delayed until after 2017. That being said, upon the easing of the macroeconomic issues, chemical spreads should widen and petrochemical players’ valuation merit should increase on solid quarterly earnings.Polymer product (including PE, PP, and
June 21, 2016
-
Why is Korean art market vulnerable to forgery?
Artist Lee U-fan will finally have a look at the paintings that the National Forensic Service confirmed as counterfeits of his works next Monday. “We can’t conclude whether the paintings are forged or not since we haven’t seen them,” said Lee’s attorney Choi Soon-yong in a phone call with The Korea Herald. Choi said Lee will then decide on when and how he will press charges against the art forgers -- there are suspected to be several art forgers -- and gallerists, who are accused of distributin
PerformanceJune 21, 2016
-
SM Entertainment to build culture playground in Changwon
K-pop powerhouse SM Entertainment and Changwon City, South Gyeongsang Province, will collaborate for setting up a colossal culture complex, the city mayor said on June 21.SM Entertainment along with a consortium consisting of top-tier construction companies is planning to build a nine-story complex with parking space designed to accommodate approximately 206 vehicles, near the city’s main bus terminal, Changwon Mayor Ahn Sang-soo said in a press conference.Aerial view of SM Entertainment’s cultu
June 21, 2016
-
Gov’t amps up shopping event to boost consumption
[THE INVESTOR] A large-scale shopping-hallyu festival will be held in September to boost domestic consumption, the government said on June 21. The Ministry of Culture, Sports and Tourism and the Ministry of Trade, Industry and Energy said that a government-private sector committee on the event has been formed and its first meeting was held on June 21. Korean Black Friday.The event, titled Korea Sale FESTA, will be held from Sept. 29 through Oct. 31. According to the ministries’ description, the
IndustryJune 21, 2016
-
Moody‘s maintains A1 rating for Kyobo Life
[THE INVESTOR] Moody’s Investors Service has assigned the insurance financial strength rating of Kyobo Life Insurance, Korea’s third-largest life insurer by assets, to A1 for the second year in a row, the firm said on June 21. The rating outlook is stable.Last year, the ratings agency upgraded Kyobo Life Insurance’s rating from A2 to A1 for the insurer’s improvement in profitability and financial stability. Kyobo is the first Korean insurance firm that received the A1 rating from Moody’s. Big na
June 21, 2016
-
Samsung, LG hard pressed by Chinese TV makers
[THE INVESTOR] Chinese TV makers armed with price competitiveness are a growing threat to Korean electronics giants Samsung Electronics and LG Electronics.Chinese electronics firms, such as LeTV, which is also a streaming services firm, has recently rolled out 65-inch 4K TVs with a price tag of around $900 in the Chinese market, according to IHS, a market research firm.A model poses with Samsung Electronics’ super ultra-high definition TV. (Samsung Electronics)They are around three times cheaper
TechnologyJune 21, 2016
-
[ANALYST REPORT] Lotte Shopping: Momentum lost for beleaguered Lotte
1) Investment highlights- We downgrade our rating on Lotte Shopping to Marketperform and cut our target price to KRW240,000.- Uncertainties are swelling over the Lotte Group, as prosecutors expanded their investigation into the conglomerate’s alleged activities that include the creation of a slush fund through cross-affiliate transactions, illegal lobbying to build Lotte World Tower, preferential orders to affiliates, exaggerating sales, intra-family real estate transactions, etc.- Contrary to e
June 21, 2016
-
[Herald Interview] Korea’s Army fund mulls investment in foreign venture capital
Korea’s Military Mutual Aid Association, one of the largest institutional investors in the country with 9.4 trillion won ($8 billion) under management, is reviewing plans to invest in foreign venture capital to secure higher returns, the association’s investment chief said.“We may open opportunities not only to private equities, but to venture capital next year when investing in overseas blind pool funds,” Lee Sang-ho, the chief investment officer of the association, said in an interview with Th
June 21, 2016
-
[Monitor] Wave of new apartments
A massive influx of households into new apartments across the nation is expected from next year to 2018, according to online information provider Real Estate. The number of households moving into new apartments is projected to reach about 360,000 next year and over 330,000 in 2018.
IndustryJune 21, 2016
-
[Herald Interview] Soprano Kim Eun-kyung discusses homage to childhood
Once again tackling nonclassical operatic repertoires, Baekseok Arts University professor and soprano Kim Eun-kyung has returned to the music scene with “Beautiful Season,” a homage to the sounds of her childhood. The album, which was released on June 9, comes more than four years after her first studio album “The Letters,” which featured operatic renditions of Korean song-poems. Veering away from the stereotypical opera album that features modern interpretations of classical scores by maste
PerformanceJune 21, 2016
-
Foreign investors keep buying Hana Financial stocks
[THE INVESTOR] Foreign investor are maintaining a strong appetite for Hana Financial Group, a major South Korean banking group, while overseas holders have reduced exposure to other Korean bank stocks as ongoing corporate restructuring weighs on local lenders. Foreign holdings of Hana Financial Group shares rose 0.9 percentage points during the past three months, from 64.8 percent in March to 65.7 percent in June. Foreign investors bought some 3.27 million of Hana stocks since mid-March. In star
June 21, 2016