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South Korea’s financial regulators tentatively approved three new real estate trust operators on Mar. 3, enabling new players to join the business segment for the first time in 10 years. The Financi...
CJ CheilJedang on Feb, 28 denied rumors that it is considering buying US ingredient and flavor solutions provider Prinova Group, in a deal roughly estimated to cost 1 trillion won (US$889.44 million...
Amazon.com, Comcast and Electronic Arts have joined the race for Korean game company Nexon, local business newspaper Maeil Business reported on Feb. 28. “In addition to the companies already known t...
New Trade Minister Yoo Myung-hee has been serving as the Industry Ministry’s deputy minister for free-trade agreement negotiation, and is known as Korea’s first female trade expert. The government e...
The following is the full text of the Bank of Korea’s statement on its monetary policy decision for February. The central bank’s monetary policy board decided on Feb. 28 to freeze the benchmark rate ...
The financial regulator said on Feb. 28 it will ban banks from having exposures surpassing 25 percent of core capital, in line with stricter global banking regulations. Global financial regulators a...
CJ Hello is garnering attention as it is confirmed that it will be acquired by LG Uplus , said KB Investment and Securities on Feb. 28 maintaining a “hold” recommendation and 7,900 won (US$7.06) t...
Wemade ’s revenue will rebound from signing a contract for a new game with a Chinese company, said Samsung Securities on Feb. 28 raising the target price to 65,000 won (US$58.09) from 49,000 won. T...
Hyundai Construction Equipment ’s business environment this year will be favorable, said KTB Investment and Securities on Feb. 28 raising the target price to 61,000 won (US$54.49) from 59,000 won. ...
HB Entertainment, co-producer of hit TV series “SKY Castle,” has chosen an underwriter for its initial public offering on second-tier KOSDAQ market, according to sources on Feb. 28. Details, such as...
Hypermarket chain operator Homeplus’ planned KOSPI listing of its real estate investment trust next month is likely to see enhanced interest by foreign institutional investors, its asset manager said...
The government has retracted its plan to consider employers’ ability to pay salaries in setting the minimum wage, officials said on Feb. 27. The Ministry of Employment and Labor announced a final re...
The government said on Feb. 27 that it will lower the dividend payouts of 21 state-run companies to help spur their investments. The dividend payout ratio, referring to a percentage of earnings paid...
Overseas investments made by Korean institutional investors grew at the slowest pace in five years last year due mainly to sluggish global stock markets, the central bank said on Feb. 27. The value ...
The financial regulator has voiced worries about a bid by the chief executive of KEB Hana Bank for a second term, citing his indictment over hiring irregularities, an industry source said on Feb. 27....
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)
