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CJ CheilJedang on Nov. 20 was given a disciplinary order by the Fair Trade Commission for irregularities in its corporate restructuring, primarily for a merger that turned its key logistics arm CJ L...
South Korea’s financial watchdog chief expressed concerns Dec. 2 over financial companies’ practices of seeking short-term gains, citing the recent misselling of derivative products that led to huge ...
South Korea’s consumer prices rose 0.2 percent on-year in November, marking the first gain in four months, the statistics agency said Dec. 2. The consumer price index stood at 104.87 in November,...
South Korea, Asia’s fourth-largest economy, is seeking to tap into sector-specific cross-border mergers and acquisitions to keep its export-oriented supply chain unscathed in the face of ongoing trad...
South Korea’s National Pension Service decided on Nov. 29 to hold off on plans to implement guidelines to influence its portfolio firms’ behavior amid controversy surrounding the guidelines. After a...
JB Financial Group Chairman Kim Ki-hong shared his vision in the changing industry landscape with new staff, the company said Nov. 28. Kim urged some 90 entry-level employees of Jeonju-based Jeonbu...
Hanwha Galleria is seeking to delist its department store subsidiary in a bid to tackle shrinking domestic consumption amid signs of a recession. The department store arm of South Korean conglomerat...
Asset management companies in South Korea saw their combined third-quarter profit fall on-quarter, hit by a sharp decline in their investment income, data showed Nov. 26. The combined net profit ...
Hanwha Hotels & Resorts said on Nov. 25 it would split off its food culture division and sell it to South Korea’s private equity firm VIG Partners in the deal that was roughly valued at some 100 bill...
The South Korean economy is expected to bounce back next year, although its expansion may be weaker than expected due to falling exports and weak consumer sentiment. Asia’s No. 4 economy is expec...
South Korea and Cambodia agreed to launch a joint feasibility study on their potential free trade agreement in a move to forge deeper economic ties and expand exchanges, Seoul’s Trade Ministry said N...
The delinquency rate for South Korean banks’ won-denominated loans edged down in September due to a slight decline in the number of firms that failed to repay their debts, government data showed Nov....
South Korea will hold an annual consultation with Fitch Ratings this week on the country’s sovereign rating, the Finance Ministry said Bov. 25. A three-member Fitch delegation led by James McCorm...
South Korea’s exports are expected to drop for the 12th month in a row this month, a poll showed Nov. 25, due mainly to sinking overseas demand for chips. Outbound shipments are likely to fall 10...
Sluggish economic growth and a bleak stock market outlook have pushed South Korean securities firms to expand their horizons by turning to real estate investment. While some brokerages prefer to ope...
Alien Robot shows glimpse of future with robotic arm
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
Lime Asset’s fund fiasco weighs on local banks
SuperBin aims to raise W20B in Series B
January 19, 2020
December 02, 2019
November 29, 2019
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