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Asiana Airlines ’ potential credit downgrading is raising investor concerns about its financial health and possible liquidity crunch, which might trigger the early repayment of 1.7 trillion won ($1....
The government plans to provide loans of 600 billion won ($528.60 million) to support self-employed business owners who are struggling with lackluster private spending, soaring rent costs and tougher...
South Korea’s tax authorities have launched an industrywide tax evasion probe into local entertainment and nightclub businesses, fueled by scores of allegations surrounding K-pop star Seungri’s sex b...
BNP Paribas, France’s biggest bank, will strive hard to promote its sustainable finance in South Korea as it seeks to arrange more funds for projects that make a positive impact on the environment an...
Woori Financial Group, one of South Korea’s five financial holding companies, is poised to become the new owner of Tongyang Asset Management and ABL Asset Management, subsidiaries of two Anbang Insur...
South Korea rolled out a blueprint to foster its robot industry on March 22 with the aim of becoming the fourth-largest player in the sector with a market size of 15 trillion won ($13.2 billion) in 2...
South Korean exports of information and communications technology products slipped for the fourth straight month in February, mainly due to sluggish overseas demand for semiconductors, government dat...
Shinhan Financial Group said on March 21 it has decided to break up its partnership with Viva Republica, operator of the popular mobile payment app Toss, and not bid for South Korea’s third internet-...
Woori Financial Group and NongHyup Financial Group may end up vying to acquire Kukje Trust as both are looking to add a property asset trust arm. Woori Financial Group Chairman Sohn Tae-seung (left)...
South Korean savings banks reported a 3.9-percent gain in their combined net profit for last year, supported by a modest rise in interest income, data showed on March 19. The combined net income ...
An undisclosed number of US states have launched an investigation into “spontaneous fires” involving vehicles of Hyundai Motor and Kia Motors. Connecticut Attorney General William Tong said on Ma...
For decades, lawyer Yoon Hee-woong has built his career providing legal advice for corporations. Since joining the South Korean law firm Yulchon in 2000, he has been paving the way for large busines...
South Korea’s Industry Ministry said on March 19 it will sharply reduce the import surcharge imposed on liquefied natural gas in line with the government’s efforts to control fine dust pollution. ...
The Cabinet approved tax expenditure programs to help create jobs and boost innovation-led growth, the finance ministry said on March 19. Tax expenditures involve programs that allow working-clas...
China Minsheng Investment Group’s default, even if it happens, will have a limited impact on Hana Financial Group, which has made a series of investments in subsidiaries of China Minsheng Investment,...
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)
