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South Korea’s tax agency has returned over 300 billion won ($260.89 million) of corporate tax to overseas funds over last five years, after losing lawsuits related to tax returns. According to dat...
Kids Note, an operator of a mobile platform for nursery schools and parents in South Korea, said on Oct. 13 it was preparing to go public in 2022. As part of its initial steps for the planned in...
South Korean mobile game developer Com2us said on Oct. 12 it had acquired a 100 percent stake in German sports game company Out of the Park Developments, the company’s first foreign takeover. Com2u...
Shinhan Financial Group said Oct. 12 that minority shareholder BNP Paribas has bought a stake worth an undisclosed amount in the South Korean banking group by securing the minimum threshold to keep t...
Amid fierce backlash from retail investors on the Korean government’s major shareholder standards, the Finance Ministry is currently mulling to alter its plan to define retail investors with shares w...
Yoo Myung-soon, interim chief executive officer of Citibank Korea, was recommended as the sole candidate for the bank‘s top post, paving the way for her to become the first female CEO of the local br...
GS Caltex said on Oct. 7 it signed an investment agreement with a Vietnamese car wash startup to expand its auto repair and lubricants businesses in the Southeast Asian country. According to the So...
Kyochon F&B, South Korea’s largest fried chicken franchise, will go public next month, aiming to secureup to 71.3 billion won ($61.4 million) of funding. According to the company’s securities repor...
Within less than an hour, nearly 2.7 trillion won ($2.32 billion) flowed into brokerages handling a two-day public subscription for shares of Big Hit Entertainment, the agency behind K-pop sensation ...
Chemical-to-financial conglomerate KG Group said Tuesday that it would take over a 93.8 percent stake in Hollys F&B from investment firm IMM Private Equity. Hollys F&B owns Hollys Coffee, one of the ...
South Korea’s antitrust watchdog said Monday that it has drafted a bill to regulate dominant online platform operators as unfair trade has become a reality in the sector amid the surge in digital tra...
Lotte Insurance said on Sept. 25 that it would not consider delisting itself from the country’s main bourse Kospi, refuting rumors by some local media reports. Followed by the nation’s sole bourse...
Major South Korean lenders’ decision to invest some $100 million in a hotel and retail project at 20 Times Square in New York in 2018 has come back to bite them two years later, with the property’s f...
Korean investment banking group Mirae Asset Group is being swamped by litigations at home and abroad, including one against China’s Dajia Insurance Group surrounding high-profile hotel deals in the U...
With a mere estimate of the market value of Big Hit Entertainment, the label behind BTS, reaching nearly 4.6 trillion won ($3.97 billion), eyes are on the seven-member boy band that generates most of...
BlackRock sells some of Coway stake
Dunamu’s Q1 profit likely to exceed market expectations on surging coin trades
Shinhan Asset to shy away from domestic equities with low ESG scores
Concerns rise as more young Koreans dip their toes into crypto market
[Feature] Korea’s aging society faces burden of rising debts, heavy taxes
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Kospi hits fresh high on foreign, institutional buying
April 23, 2021
![[Feature] Korea’s aging society faces burden of rising debts, heavy taxes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2021/04/22/20210422000212_0.jpg&md=20210422103252)
