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South Korea’s mutual aid associations in 2018 have shied away from stock investments and instead turned to portfolio diversification to take solid yearly gains in times of heightening global uncertai...
South Korea’s exports moved down 8.2 percent in March from a year earlier, government data showed on April 1, due to falling global prices of chips coupled with the slowing Chinese economy. Outbo...
South Korea’s nine financial holding firms saw their combined net profit rise 6.8 percent on-year in 2018, helped by a solid gain in interest income, data showed on April 1. The combined net prof...
South Korean savings banks’ loans extended to self-employed businesses spiked more than 30 percent in the fourth quarter of last year, data showed on April 1. Lending for self-employed extended b...
The number of South Korean firms that have delayed the filing of their annual reports this year nearly doubled compared to last year, data released by the nation’s main bourse operator showed, in a p...
Debt-ridden Asiana Airlines ’ corrected 2018 financial report has added to growing doubts about the Korean air carrier’s liquidity. Kumho-Asiana headquarters in Seoul, South Korea Yonhap Related...
South Korea’s credit card firms saw their combined earnings rise 12.3 percent in 2018, helped by increased card usage and higher income from loans, the financial regulator here said on March 28. ...
South Korea’s internet banking service rose at a fast clip last year with the number of daily transactions, and total value, reaching record highs, central bank data showed on March 28. The numbe...
South Korea’s five major financial holding companies vowed on March 27 to expand their capital spending to better support innovative growth among smaller firms. Under the plan, the five entities ...
Shares of Hyundai AutoEver will be traded on the country’s main stock market this week, the bourse operator said on March 27. The ICT service provider of the world’s fifth-largest automotive cong...
The state Export-Import Bank of Korea said on March 27 it has provided a payment guarantee for 70 million Singapore dollars ($51.73 million) worth of bonds issued by CJ Logistics’ unit in the country...
A close friend of Mirae Asset Group Chairman Park Hyeon-joo recently sold his stake in Mirae Asset Venture Investment for 16.5 billion won cash ($14.50 million), a week after the investment firm ...
The Cabinet on March 26 approved guidelines for next year’s budget that focus on, among other things, measures to revitalize the economy and bolster the social safety net. The government plans to...
Real estate trust firms in South Korea saw their combined net profit edge up in 2018, data showed on March 26, amid signs of an adjustment in the property market. The combined net profit of 11 re...
A senior financial regulator on March 26 called for financial firms to improve their internal control systems and governance structures, citing various risks that could weaken the nationa’s financial...
Seoul’s commercial realty transactions jump 68% in Q1, Seoul Square deal takes up half
L&K Biomed at risk of being delisted by KRX
Asiana Airlines credit placed on negative watch despite relief package
[EXCLUSIVE] CJ to shut down Bibigo in China by August
Anchor Equity Partners acquires Burger King Japan
OliPass plans to go public this year
Boryung Pharmaceutical establishes new production facility in Yesan
HappyFresh bags $20m in series C round led by Mirae Asset, Naver
April 25, 2019
![[EXCLUSIVE] CJ to shut down Bibigo in China by August](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=152&simg=/content/image/2019/04/23/20190423000840_0.jpg&md=20190423171201)
