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Index maker and analytics data provider MSCI has appointed Tay Kim as the chief of its South Korean unit, filling a post that had been vacant since early last year, the US firm announced May 20. Kim...
South Korean investors are turning their attention to foreign stocks, with local shares continuing to yield disappointing results amid the benchmark Kospi’s lack of long-term movement. The nation’s ...
The International Monetary Fund has said South Korea’s fiscal policy should remain expansionary in the medium term to support growth, job creation and external rebalancing. “Korea has ample fiscal s...
Financial crimes in South Korea fell 10.5 percent on-year in 2018, data showed on May 14, but authorities vowed to boost efforts to prevent crimes at banks and other financial institutions. The f...
South Korean financial institutions plan to spend a total of 585 billion won ($492 million) this year to adopt new technologies, such as artificial intelligence and big data analytics, data showed on...
South Korean banks reported a 14.2-percent fall in their combined net profit for the first quarter, hit by investment losses and costs related to job cuts, data showed on May 14. The combined net...
South Korean companies and households increased their borrowing last month while greatly reducing their bank deposits, central bank data showed on May 13. In April, local households newly borrowe...
South Korea’s market for promissory notes issued by mega investment banks is expected to grow sharply this year to top the 10 trillion won ($8.5 billion) mark, industry sources said on May 13. Th...
South Korea will spend 240 billion won ($204 million) in the next 10 years to develop key semiconductor technologies that can alter the paradigm of the chip industry as a whole, the Science Ministry ...
South Korea’s central bank said May 9 it will maintain its accommodative monetary policy, while closely watching movements of the economy and consumer prices. “The inflationary pressures on the d...
South Korea’s monthly current account surplus narrowed in March from a year earlier amid slowing exports, central bank data showed May 8. The country’s current account surplus came to $4.8 billio...
Woori Bank, a major lender in South Korea, said May 8 that it has floated $450 million worth of sustainability bonds in Taiwan. The Formosa bonds will mature in five years and carry a floating ra...
Productivity in South Korea’s industrial sectors improved 3.6 percent last year from a year earlier largely due to the adoption of a shortened workweek, a state agency said on May 7. The producti...
The value of houses owned by chaebol heads shot up 34 percent in 2019 from a year earlier, data showed on May 5. According to the data compiled by Chaebul.com, the combined declared value of houses ...
South Korean retail firm E-Land World said on May 3 it has signed a stock purchase agreement with Xtep International Holdings to sell its subsidiary K-Swiss for 300 billion won ($260 million). The d...
Deloitte Anjin stresses PE’s role in portfolio value creation
Rawrow secures funding from Shinsegae International
Israeli blockchain startup Endor wins innovation award in S.Korea
Expat-run startup out to empower asylum seekers, sustain their careers
Entrepreneurs should learn how to hire and fire: Altos Ventures
USITC probes Samsung over touch screen tech patents
Moon’s new policy aide vows to promote fair economy, income-driven policy
S. Korean IPO capital exceeds W1tr in H1
June 26, 2019
