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The delinquency rate for South Korean banks’ won-denominated loans edged down in September due to a slight decline in the number of firms that failed to repay their debts, government data showed Nov....
South Korea will hold an annual consultation with Fitch Ratings this week on the country’s sovereign rating, the Finance Ministry said Bov. 25. A three-member Fitch delegation led by James McCorm...
South Korea’s exports are expected to drop for the 12th month in a row this month, a poll showed Nov. 25, due mainly to sinking overseas demand for chips. Outbound shipments are likely to fall 10...
Sluggish economic growth and a bleak stock market outlook have pushed South Korean securities firms to expand their horizons by turning to real estate investment. While some brokerages prefer to ope...
South Korean investors have increased their investments in overseas funds in recent weeks, as they seek to escape from heightened stock volatility stemming from global trade issues, data showed Nov. ...
Caris, a South Korean company that first made guardrails using synthetic plastic polymer PVC, said Nov. 22 that it plans to set up a joint venture with Ukrainian investors for infrastructure projects...
It has been less than a decade since South Korea’s institutional investors began to heighten exposure to overseas real estate assets. State-led deregulatory measures in overseas investment effective...
A movie based on the true story of the takeover of the Korea Exchange Bank by US hedge fund Lone Star Funds has reignited controversy over the deal, which is still the subject of an ongoing investor-...
South Korea’s household debt reached a record high in the third quarter of the year, but it grew at the slowest clip in more than 15 years amid government measures to curb it, central bank data showe...
Hong Kong-based private equity firm PAG will acquire Grand Hyatt Seoul, according to sources Nov. 20. The five-star hotel, which opened in 1978, is located in Yongsan District and has 615 rooms, wit...
Seoul-based Korea Investment Holdings plans to transfer its stake in South Korea’s leading neobank, Kakao Bank, to its subsidiary Korea Investment Value Asset Management and internet giant Kakao ...
The excessive level of committed investments and acquisitions of South Korean nonfinancial companies add to the negative outlook for 2020, coupled with a slowing economy at home and abroad and downsi...
South Korea’s nonlife insurers suffered a near 28 percent drop in third-quarter earnings due to a rise in their loss ratio, data showed Nov. 19. The combined net profit of nine nonlife insurance ...
Foreign currency deposits held by banks in South Korea rose sharply from a month earlier in October, central bank data showed Nov. 19. The outstanding foreign currency savings held by banks here ...
The Cabinet on Nov. 19 approved a bill on regulation of peer-to-peer loans in a bid to tackle deceptive P2P lending practices and protect consumers, officials said. Under the regulation, which wi...
Grocery platform Kurly sees surge in revenue, operating loss
Nexon wants employees to come back to office
LIG Nex1 invests in Korean drone sensor company
SendBird acquires video conferencing platform Roundee.io
Korea's proposed M&As shrink to half in Q1
BlackRock offloads W130b stake in NCSoft
Tmon pushes the envelope, plans IPO
Nexon aims to bring gaming to stock exchange platform
April 05, 2020
