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South Korean banks will likely ease their regulations on fresh loans for households and small businesses in the third quarter but tighten rules on home-backed loans amid government efforts to curb re...
South Korea’s finance minister warned July 4 of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of ...
South Korea’s current account balanced turned to black in May, one month after the country posted its first deficit in seven years amid sluggish exports, central bank data showed on July 4. The c...
Korea Exchange (KRX) said on July 3 that two South Korean investment banks will be restricted from sponsoring initial public offerings of a foreign company until November 2020 due to the uproar surro...
DTZ Investors said on July 3 it has bought the entire stake in Main Point Pankrac commercial property in Prague, Czech Republic, for 130 million euros ($146.7 million). The deal represents a net ini...
South Korea has been pushing to inject 1 trillion won ($862 million) per year into the semiconductor materials and parts industry, a ruling party official said on July 3. The plan was unveiled am...
South Korea’s Trade Ministry has started a review of the legal grounds for filing a complaint with the World Trade Organization over Japan’s decision to tighten the rules for exports of semiconductor...
Mirae Asset Global Investment, a unit of Mirae Asset Financial Group, has emerged as the top bidder for an 8-story commercial building in India by offering 4.13 billion rupees ($59.88 million), indus...
Seoul-based online content company Kidari Studio will buy a 20.9 percent stake in French webtoom firm Delitton for 2.3 billion won ($2 million). The cash payment will be completed by July 30. Once...
Although South Korea’s mergers and acquisitions are motivated by financial distress, they usually aren’t able to solve the problem, a Bank of Korea report showed on July 1. Titled “Takeover, distres...
The number of private money lenders operating in South Korea rose 1.7 percent in the second half of last year from six months earlier, government data showed on July 1. The number of registered p...
South Korea’s new tax chief vowed July 1 to cut the number of probes into companies to ensure their normal business operations will not be undermined. National Tax Service Commissioner Kim Hyun-j...
South Korea’s exports decreased 13.5 percent in June from a year earlier, extending their on-year fall for the seventh consecutive month, data showed on July 1, due mainly to the prolonged trade row ...
A total of 24 Korean chaebol members were found to be holding more than 1 trillion won ($865 million) worth of listed shares as of the latest trading session. Samsung Chairman Lee Kun-hee (second fr...
Starting July 1, local banks and financial companies come under the 52-hour workweek rule, becoming late starters in South Korea’s initiative to reduce long working hours and improve the quality of l...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
