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With South Korean telecom LG Uplus moving to acquire the country’s biggest cable TV operator CJ Hellovision, attention is on whether the deal will pass regulatory muster, as local service providers s...
Small and medium enterprises in South Korea called on Feb. 10 for reopening an inter-Korean industrial complex in North Korea’s border town of Kaesong on the third anniversary of the factory park’s s...
South Korean stocks are expected to gather upward momentum, albeit limited, this week on cautious optimism over eased geopolitical woes and dovish messages from the US central bank, analysts said ove...
The World Trade Organization (WTO) ruled on Feb. 9 that South Korea can move to impose annual retaliatory duties worth US$84.8 million against U.S.-made goods in response to measures taken against la...
Accommodative monetary policy increases commercial banks’ appetite for risky assets as they try to seek higher profits amid a low interest rate trend, a report said on Feb. 10. “When market interest...
Major foreign investment banks (IBs) revised down their forecasts for South Korea‘s economic growth for this year citing sluggish exports and slowing global demand, a report showed on Feb. 10. Th...
BlackRock raised its stake in Samsung Electronics to 5.03 percent, becoming the Korean tech giant’s third-largest shareholder. BlackRock investment services subsidiary BlackRock Fund Advisors confir...
Shares of Netmarble Games soared as Korea’s No. 2 game developer steps closer to taking over Nexon, in what would constitute a megadeal for the global gaming industry. As of around 1 p.m., stock p...
Korea’s funds with portfolios screened through environmental, social and governance criteria have seen their net asset value on the decline, data showed on Feb. 7. Of over 4,200 funds managed by Kor...
Korea’s industry minister on Feb. 7 called for manufacturers to focus on the quality of their growth as the sector is expected to suffer from a global economic slowdown this year. Minister of Tra...
Digital currency authorized by the central bank may have a negative impact on the Korean financial system, causing a liquidity shortage and pushing up interest rates, a report said on Feb. 7. Rec...
South Korea plans to spend over 13 trillion won (US$11.60 billion) over the next decade to expand infrastructure areas that border North Korea, including the Demilitarized Zone, for closer inter-Kore...
[THE INVESTOR] Korea’s antitrust regulator said on Feb. 7 that the number of firms affiliated with local conglomerates on its watch list fell by 23 to 2,570 in the last three months. The Fair Tr...
[THE INVESTOR ] Hana Financial Group announced on Feb.1 that it has recorded a record high net profit in 2018 on the back of solid interest income. Net profit of the major Korean banking group stoo...
[THE INVESTOR] Korea’s exports moved down 5.8 percent in January from a year earlier, government data showed on Feb. 1. Outbound shipments came to US$46.3 billion for January, down from US$49.2 ...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
