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South Korea’s antitrust watchdog has approved Hyundai Oilbank’s plan to take over SK Networks’ gas station business, officials said on May 29. Upon the approval, Hyundai Oilbank has become the seco...
South Korean listed companies‘ dividend payouts slipped nearly 2 percent in 2019 from a year earlier amid a business slump, data showed on May 27. Cash dividends paid out by 1,094 firms listed o...
South Korea’s three major telecommunications firms have submitted nonbinding indicative offers to acquire Hyundai HCN, the nation’s fifth-largest cable TV operator owned by Hyundai Department Store G...
Buttressed by the buying spree of retail investors and expansion of liquidity, South Korea’s stock market recovered to the psychologically important 2,000-point mark, rebounding faster than other maj...
South Korean financial giant Mirae Asset Group is likely to resume its drive to launch a mega-sized investment bank as authorities on May 27 decided not to request a prosecutorial probe for conducti...
One Equity Partners, a spinoff of JPMorgan dedicated to middle market investment, is reportedly looking to unload part of its stake in South Korea’s drug distributor Celltrion Healthcare through a bl...
Acleda Bank, the biggest commercial bank in Cambodia, said Monday it was listed on the Cambodia Securities Exchange in which the Korea Exchange (KRX) has invested. The Cambodian bank had assets of $...
State-run lender Industrial Bank of Korea and its New York branch have been fined $86 million by the Attorney General’s Office for allegedly failing to manage their anti-money laundering program, doc...
South Korean stocks opened higher on May 21 on encouraging news about another candidate vaccine for the new coronavirus, or COVID-19, in the US. Extending gains for the fifth consecutive day, the n...
South Korea’s construction equipment maker Doosan Bobcat is under credit pressure as its US subsidiary Clark Equipment is looking to leverage $300 million via five-year senior secured notes in May, f...
Hana Financial group, South Korea’s third-largest banking group will launch a digital insurance unit next month through its newly-acquired subsidiary, The-K NON-Life Insurance, according to industry ...
South Korean benchmark indexes continued to be on an upbeat note on May 20, following the government’s additional economic measures to counter the ongoing coronavirus crisis. The nation’s main bour...
Cross-border transactions of public funds will kick off this month in South Korea and four other Asia-Pacific countries, to expand corporate and individual investors’ portfolios, according to the Fin...
NH Investment & Securities, the brokerage unit of South Korea’s NongHyup Financial Group, has joined a consortium to acquire a stake in the United Arab Emirates’ state-owned Abu Dhabi National Oil Co...
Reacting to the untact market trend triggered by the COVID-19 outbreak, South Korea’s financial groups are scrambling to gain an upper hand in digital financing. Untact, or non-face-to-face, has be...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 20, 2021
![[Market Close-up] S. Korean stock market recovers faster than other markets](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2020/05/27/20200527000702_p.jpg)
