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Seoul-based commercial bank KEB Hana Bank has agreed to buy a 15 percent stake in Vietnamese state-owned Commercial Bank for Investment and Development of Vietnam (BIDV) for 1 trillion won ($849.6 mi...
The boycott of Japanese products and services seems to be gaining ground here as a bilateral trade war with South Korea entered the third week. According to convenience store chain CU, the sales of ...
The South Korean government will temporarily expand tax benefits to corporate investment, the finance minister said Monday, in the latest move to encourage business spending amid a slowing economy. ...
South Korean exports of information and communications technology products fell for the eighth straight month in June on weak demand for semiconductors, mobile phones and displays, data showed on Jul...
Financial Services Commission Chairman Choi Jong-ku on July 18 undermined any possible retaliation by Japan in the financial sector. “I know there are some concerns that Japan’s trade retaliation mi...
Shinhan Financial Group plans to set up a new unit that will take charge of venture investments, according to industry sources on July 18. The venture capital unit will operate a 200-billion-won ($1...
Home sales in South Korea plunged more than 28 percent in the first half of the year compared to a year earlier, data showed on July 18. The number of housing transactions came to 314,108 in the ...
The Bank of Korea slashed its growth forecast for the economy to 2.2 percent on July 18, citing sluggish demand at home and abroad amid growing trade protectionism and a delayed recovery in the globa...
The Bank of Korea (BOK) slashed its policy rate by a quarter percentage point to 1.50 percent on July 18 in a surprise move to help spur growth amid prolonged trade tensions. The rate cut is the ...
South Korea’s financial regulator said on July 18 it launched a squad with investigative power to effectively crack down on unfair practices in the financial market. So far, financial authorities...
The South Korean government’s solutions announced on July 17 hoping to resolve long-lasting confrontation between cab operators and new mobility platforms appear to appease only one side -- the taxi ...
South Korean lawmakers have submitted several draft resolutions demanding Japan withdraw its recent curbs on hi-tech exports to the neighboring country. Rep. Lee Soo-hyuck and 44 other lawmakers ...
The Seoul branch of Merrill Lynch has been fined 175 million won ($148,700) for the investment bank’s trading that allegedly disrupted the local stock market, South Korea’s bourse operator said on Ju...
A new law aimed at preventing harassment in the workplace took effect in South Korea on July 16, bringing the widespread but overlooked issue of bullying at work into the legal domain. A revised ...
South Korea’s financial regulator said July 16 it will receive applications in October for a third internet-only bank, as it seeks to reinvigorate the nation’s financial industry. The Financial S...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
