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The chief of South Korea’s central bank recognized the country’s challenges in achieving its modest 2.2 percent economic growth pace target for this year, but denied the possibility of deflation. Wh...
South Korea’s wealthy are picking real estate as their best long-term investment option amid the widespread bearish sentiments, a report released by a major financial group showed on Sept. 29. The r...
Lending rates on fresh bank loans dropped to new lows in August, central bank data showed Sept. 26. The average interest rate on fresh loans extended to households came to 2.92 percent in the mon...
Busan-based ballast water treatment system company Techcross bought the entire stake in both LG conglomerate’s land-based water treatment units LG-Hitachi Water Solutions and HiEntech for an undisclo...
Accumulated peer-to-peer loans in South Korea have surpassed 6 trillion won ($5 billion), data showed on Sept. 26. Outstanding P2P loans extended by 220 companies stood at 6.2 trillion won in Jun...
Taipei-based Fubon Life Insurance agreed on Sept. 25 to buy a 4 percent stake in Woori Financial Group through a block deal for 358.5 billion won ($298.9 million). Some 28.9 million shares, curren...
A roundtable comprising business associations, trade agencies and financial institutions in South Korea on Sept. 25 recommended a potential list of foreign companies whose shares are potentially up f...
Not all capital gains from financial investments are subject to taxation under the tax rules in South Korea, as the financial market here has seen more sophisticated products. Futures and options, e...
Seoul-based Hanwha Asset Management said on Sept. 25 that its Singaporean unit had gained regulatory approval for a public fund management business. The funds will focus on a portfolio ranging from ...
JB Financial Group said Sept. 24 it has moved to infuse South Korean cultural identity in its marketing schemes for Phnom Pehn Commercial Bank, a JB’s affiliate. To execute the plan, it has recentl...
Trade expos, investment sessions, job fairs to be held both in India and in Korea this week The state-run Korea Trade-Investment Promotion Agency said Sept. 22 it will be holding an extensive Korea-...
The Export-Import Bank of Korea has been consistently engaging in community welfare, such as through the Hope Seed volunteer program of a soup kitchen earlier this month near Seoul Station, according...
Raison d’etre questioned of once top-tier economic platform, but Japan seeks best use of membership The liberal world order, or at least the belief that it could be sustained, has lasted for much of...
The accumulated volume of transactions on South Korea’s flagship over-the-counter securities trading market K-OTC has topped 2 trillion won ($1.7 billion) mark as of Sept. 20. Korea Financial Invest...
South Korea’s state-run Industrial Bank of Korea officially launched its Indonesian unit on Sept. 19, the bank said on Sept. 20. “Based on the capabilities we have built on for the last 58 years, we...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
