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South Korea’s financial regulator on Aug. 5 pledged to take “swift and bold” actions to stabilize markets if necessary in the wake of Japan’s decision to expand trade curbs against Seoul. Financi...
South Korea’s tax agency said Aug. 5 it will delay its audits of smaller companies affected by Japan’s export curbs in a move to help them overcome their difficulties in the escalating bilateral trad...
South Korean manufacturers of cutting-edge electronic components are likely to face increasing costs and burdens in securing high-tech materials and parts from Japan following the neighbor’s decision...
In light of the trade conflict with Japan and other external risks, concerns are mounting that South Korea’s economic growth this year may fall below 2 percent at worst, lower than the range of 2.2-2...
The ruling party, government and presidential office on Aug. 4 vowed to add at least 1 trillion won ($833 million) to next year’s state budget, in an effort to expand fiscal space amid escalated trad...
Mirae Asset Global Investments, the asset management unit of Mirae Asset Financial Group, has been aggressively pushing for global expansion leaving its rivals far behind. According to data from the...
South Korean advertisement agency Innocean Worldwide said in a disclosure on July 31 it had agreed to buy a 85 percent stake in Australian marketing firm Wellcom Group for 225.9 million Australian ...
Seoul-based trading company SK Networks , Qingdao-based consumer electronics maker Haier and US private equity The Carlyle Group have joined the preliminary bidding to acquire 25.08 percent stake i...
South Korean bourses, especially the tech-heavy Kosdaq, suffered big losses in July as investor sentiment was hit by the deteriorating global market conditions marked by trade wars between major econ...
HO CHI MINH, Vietnam -- Vietnam is fast emerging as important destination, not only for manufacturers but also financial institutions that are eying overseas markets amid stagnant domestic growth. L...
Seoul-based NH-Amundi Asset Management has tapped its incumbent chief marketing officer Bae Young-hoon as its new chief executive officer. Bae, 58, was named to head the company by a nomination comm...
The first half of the year was depressing for China’s venture capital industry compared to glorious past years. The number of venture capital deals successfully closed in the first half of this year...
The Seoul Central District Prosecutors’ Office has dismissed allegations that Hahn Sang-won, CEO of private equity firm Hahn & Co., had evaded taxes. The decision, however, is unlikely to salvage th...
South Korea’s major financial groups posted record-breaking earnings during the first half of the year, notwithstanding external challenges that have weighed down the overall market, industry data sh...
Woori Financial Group, one of South Korea’s five financial holding companies, acquired Kukje Asset Trust, the group said on July 26. It is buying a 65.7 percent stake in the real estate management f...
Huawei set to continue foldable hype with Mate X launch
Nasdaq-listed Cognex acquires S. Korean AI startup Sualab
Eastar Jet denies sale rumor
Himedi rides on ‘medical Hallyu’
Proptech startup Kasa snaps up W7b in series A funding
S. Korean telcos’ cable network M&A process drags on
CarrieSoft to raise W8.2b in 2nd IPO attempt
Ministry orders Medytox to scrap Meditoxin inventory for exports
October 21, 2019
