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Hyundai Heavy Industries has been grappling with growing opposition from workers against a merger with Daewoo Shipbuilding & Marine Engineering . In March, HHI signed a formal deal, worth an esti...
South Korea marked the steepest drop in export volume so far this year among the world’s top 10 exporters, data showed. Korea’s export slowdown was especially noticeable in July, due partly to the s...
Japan has approved only seven shipments of sensitive industrial materials under restriction to South Korea since its implemented export curbs in July, Seoul’s trade minister said Oct. 2. The neig...
South Korea’s private equity firm Hahn & Co. said on Oct. 1 it has closed Fund III at $3.2 billion -- the largest fund focused solely on Korean companies to date. It comprises a flagship fund of $2....
South Korea’s financial watchdog said Oct. 1 that commercial banks are responsible for the recent fiasco surrounding derivatives-linked securities products that put investors at risk of losing a comb...
Indebted South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering on Sept. 30 kicked off its fourth attempt to sell, in a move to shun looming liquidation before the end of 2019. The Tong...
South Korea and the UK signed a memorandum of understanding Sept. 30 to launch a vice-ministerial consultative body aimed at strengthening economic cooperation after Brexit. Second Vice Foreign M...
A deal to sell Bithumb, South Korea’s largest cryptocurrency exchange, is at the risk of falling apart one year after the decision to sell it, industry sources said Sept. 30. BTC Korea Holdings, whi...
South Korea’s state-run policy lender Korea Development Bank said Sept. 30 it plans to sell its majority stake in a life insurance unit by 2020 through an open tender. This is the fourth time it is ...
South Korea’s initial public offering market is expected to gather ground in the fourth quarter as several large companies are seeking to make debuts on the local stock market, according to industry ...
South Korean companies’ stock and bond sales dropped 14.7 percent on-month in August, hit by a modest decline in sales of corporate bonds, data showed Sept. 30. Local companies raised a combined ...
The chief of South Korea’s central bank recognized the country’s challenges in achieving its modest 2.2 percent economic growth pace target for this year, but denied the possibility of deflation. Wh...
South Korea’s wealthy are picking real estate as their best long-term investment option amid the widespread bearish sentiments, a report released by a major financial group showed on Sept. 29. The r...
Lending rates on fresh bank loans dropped to new lows in August, central bank data showed Sept. 26. The average interest rate on fresh loans extended to households came to 2.92 percent in the mon...
Busan-based ballast water treatment system company Techcross bought the entire stake in both LG conglomerate’s land-based water treatment units LG-Hitachi Water Solutions and HiEntech for an undisclo...
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
