▶주메뉴 바로가기
▶본문 바로가기
A movie based on the true story of the takeover of the Korea Exchange Bank by US hedge fund Lone Star Funds has reignited controversy over the deal, which is still the subject of an ongoing investor-...
South Korea’s household debt reached a record high in the third quarter of the year, but it grew at the slowest clip in more than 15 years amid government measures to curb it, central bank data showe...
Hong Kong-based private equity firm PAG will acquire Grand Hyatt Seoul, according to sources Nov. 20. The five-star hotel, which opened in 1978, is located in Yongsan District and has 615 rooms, wit...
Seoul-based Korea Investment Holdings plans to transfer its stake in South Korea’s leading neobank, Kakao Bank, to its subsidiary Korea Investment Value Asset Management and internet giant Kakao ...
The excessive level of committed investments and acquisitions of South Korean nonfinancial companies add to the negative outlook for 2020, coupled with a slowing economy at home and abroad and downsi...
South Korea’s nonlife insurers suffered a near 28 percent drop in third-quarter earnings due to a rise in their loss ratio, data showed Nov. 19. The combined net profit of nine nonlife insurance ...
Foreign currency deposits held by banks in South Korea rose sharply from a month earlier in October, central bank data showed Nov. 19. The outstanding foreign currency savings held by banks here ...
The Cabinet on Nov. 19 approved a bill on regulation of peer-to-peer loans in a bid to tackle deceptive P2P lending practices and protect consumers, officials said. Under the regulation, which wi...
South Korea’s cinema chain CJ CGV said Nov. 18 its Hong Kong-based subsidiary has agreed to raise $286 million from a consortium of private equity firm MBK Partners and investment bank Mirae Asset ...
Big brokerages in South Korea saw their investment banking unit report solid profits in the first nine months of this year, overtaking commission fees as their main profit driver, data showed Nov. 18...
South Korea’s Justice Ministry on Nov. 18 unveiled a revised visa policy to ease regulations for foreign workers in the parts, materials and equipment industries as part of ongoing efforts to help th...
South Korea’s trade deficit with Japan is expected to sink to a 16-year low in 2019 due to a tumble in imports, data showed Nov. 18. Seoul posted a trade deficit of $16.37 billion with Tokyo in t...
A local equity fund in which President Moon Jae-in invested has amassed more than 100 billion won ($85 million), fund operator NH-Amundi Asset Management said Sunday. Since its launch in August thi...
South Korea is exploring the possibility of forging individual free trade deals with more ASEAN member states, a senior trade official has said, in a move to further boost growing economic ties with ...
South Korea’s food-to-entertainment conglomerate CJ Corp . said Nov. 15 that it has no plans to sell its health and beauty subsidiary, CJ Olive Young, which runs a chain of drugstores. “We are not...
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
Foreign investors’ bond holdings hit 6-month low
Hanwha’s investment in Overair gets all-clear signal for takeoff
Half of Hyundai Kia cars sold in US are SUVs
KT’s epidemic prevention platform launches in Kenya
December 10, 2019
