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South Korea’s credit default risk fell to the lowest level in more than 12 years, the Finance Ministry said Nov. 6, underscoring foreign investors’ confidence in Asia’s fourth-largest economy. Th...
South Korea and the United States held vice-ministerial economic cooperation talks in Seoul on Nov. 6, largely aimed at enhancing their key regional policy initiatives in Southeast Asia and the Indo-...
South Korea’s Transport Ministry on Nov. 6 adopted a scheme to cap presale prices of privately built apartments as part of extended efforts to stabilize real estate markets. Seoul revised related...
South Korea’s current account surplus reached an 11-month high in September, although its amount narrowed from a year earlier due to slowing exports, central bank data showed Nov. 6. The country’...
Anticipations for South Korea’s privately-held biopharmaceutical company Vivozon are boosting the trading volume on the over-the-counter bourse -- dedicated to unlisted stocks -- to its record parade...
Based on the earnings of SK Networks’ gas station business last year, it may appear to be an unattractive deal to buy it for as much as 1.5 trillion won ($1.29 billion). The business unit only made ...
South Korea has built a hydrogen plant in the country’s western region, the Oceans Ministry said Nov. 5, in a move that could further boost its efforts to support the promotion of hydrogen fuel cell ...
South Korea’s foreign exchange reserves rose to a new high last month, but largely due to the weakening of the US dollar, which pushed up the dollar value of its assets held in other currencies, cent...
The number of private funds in South Korea has fallen sharply over the past three months in the wake of alleged trading irregularities and a liquidity crisis at a major player, data showed Nov. 5. ...
South Korea’s private equity firms have joined a final bidding round for SKC Kolon PI ’s controlling stake Nov. 4 amid market concerns about overpricing. Those joining the round include Hahn & Co....
International Finance Corporation, a sister organization of the World Bank and member of the World Bank Group, said on Nov. 4 it named Ryu Ji-yeon, formerly a high-level official of IFC’s fragile and...
Of nearly 2,300 South Korean firms listed on the Korea Exchange, two companies logged operating losses for two consecutive years and at the same time saw their dividend yield exceed 5 percent, accord...
Australian private equity fund Macquarie is poised to acquire South Korea’s Daesung Industrial Gases from MBK Partners, local business newspaper Hankuk Business Daily reported on Nov. 3. Macquarie i...
South Korea logged one of the sharpest falls in its potential growth rate over the past two years among advanced economies, data showed on Nov. 3. The country’s potential economic output was estimat...
Ulsan-based lifeboat maker HLB said Nov. 1 it will inject $161 million into its wholly-owned US subsidiary HLB USA by Nov. 5. This is part of HLB USA’s planned merger with Salt Lake City-based bio...
Techstars Korea to accept applications for 1st batch through March 2020
Celltrion presents Truxima’s results of phase 3 clinical trials in US forum
LG Chem, GM deal ups ante in EV battery competition
Power market open to private firms, price hike needed for green energy expansion
Foreign investors’ bond holdings hit 6-month low
Hanwha’s investment in Overair gets all-clear signal for takeoff
Half of Hyundai Kia cars sold in US are SUVs
KT’s epidemic prevention platform launches in Kenya
December 10, 2019
