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South Korea’s Ocean Ministry said Oct. 28 it will gradually replace 140 government ships with those utilizing clean energy sources by 2030 to meet tighter regulations. “The project will help Kore...
South Korean brokerages posted worse-than-expected third-quarter net profit, data from the Financial Supervisory Service showed on Oct. 27, with the lackluster performance attributed to a sluggish st...
With financial authorities set to finish their monthslong investigation of the sale of high-risk derivatives-linked securities and related funds, key sellers are likely to be handed down heavy penalt...
South Korea’s declining exports are predicted to turn around in the first quarter of next year on the back of rising demand for chips and recovery in the global economy, a trade association said on O...
Kiwoom Asset Management is close to a takeover of Franklin Templeton Trust Management, industry sources said Oct. 25. Since Samsung Active Asset Management dropped its plans to create new joint vent...
South Korea’s economic growth will likely slow down further this year, possibly falling below the 2 percent mark for the first time in 10 years, analysts said Oct. 24. The gloomy outlook comes af...
Samsung Fire and Marine Insurance and internet giant Kakao have decided to set up a digital nonlife insurance company, they said on Oct. 23. “We are pushing for a digital insurance consortium that c...
CJ CGV, South Korea’s leading multiplex, is expected to sell 25 percent of its Southeast Asian business as it seeks to solve a cash crunch, industry sources said on Oct 21. CJ CGV, listed on the pri...
The head of South Korea’s antitrust regulator said Oct. 22 she will ensure the country’s law is applied fairly against foreign companies accused of violations. Fair Trade Commission Chairperson J...
Prime Minister Lee Nak-yon said on Oct. 22 that his trip to Japan will help South Korea and Japan take a step forward in mending their frayed ties over the issue of Tokyo’s wartime use of forced labo...
Duncan Harrison, country manager of Robert Walters Korea, the Seoul branch of the London-based recruiting firm, shared some tips for job seekers who are hoping to enter the startup industry. The job...
South Korean artificial intelligence startup Sualab has been acquired by Nasdaq-listed Cognex, the companies said Oct. 18. With a price tag of $195 million, Cognex will take up the entire company ...
Hong Kong-based asset management firm Value Partners is looking to pool money from retail investors and high net worth individuals in South Korea into its flagship high dividend fund by teaming up wi...
South Korean kids contents and intellectual properties company CarrieSoft seeks to raise 8.2 billion won ($6.9 million) in its second initial public offering attempt before listing on Kosdaq, the sta...
The approval process for proposed mergers and acquisitions between South Korean telecommunication firms and cable network operators is dragging on. At an Oct. 16 meeting, antitrust body the Fair Trad...
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
