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The plunging crude oil prices may increase pressure on South Korea’s financial market with rising volatility forcing investors to secure cash, not to mention its negative impact on the economy. The...
While all industry sectors in South Korea are struggling to handle the economic impact of COVID-19, the nation’s 5.48 million self-employed and small business owners are among those suffering the mos...
After struggling with a record-low growth pace last year, South Korea’s economy was aspiring to make a rebound in 2020, hopefully on the back of global trade improvements and a chip industry recovery...
Local brokerages and banks in Yeouido, the country’s main investment and financial district, have allowed employees to work from home as part of efforts to contain the new coronavirus. Over 73 percen...
The commercial real estate segment will also likely feel the pinch if the pandemic causes a global economic downturn, according to property management firm CBRE. “A negative impact on demand fo...
South Korea’s antitrust watchdog said on March 11 that it had fined four foreign banks a total of 1.3 billion won ($1.1 million) for fixing the prices of foreign exchange derivatives and manipulating...
Korea Chamber of Commerce and Industry Chairman Park Yong-maan said Monday that the supplementary budget currently being discussed at the National Assembly should be expanded to 40 trillion won ($33 ...
As the economy in Korea shoulders headwinds from weakened consumer sentiment due to the coronavirus spread, a number of companies and building owners are coming up with self-rescue measures to help p...
In 2012, Psy’s “Gangnam Style” made the world do the horse dance and proved that South Korean cultural content could go beyond East Asia and even spread to other continents. Fast forward to 2019, an...
It is not just children who need playgrounds but also senior citizens, experts said at a forum that took place at the National Assembly earlier this week. Co-hosted by three lawmakers -- Kim Bu-gyeo...
Herald Corp., which publishes 67-year-old English-language newspaper The Korea Herald, will host the 49th Herald National English Speech Contest. The event is designed to foster creative and logical...
South Korea will test-run a financial data exchange platform in March, enabling users to sell and purchase such data conveniently, the nation’s top financial regulator said Tuesday, in a move seen as...
South Korea’s service sector logged a 5.6-percent rise in sales last year from a year earlier, thanks to robust sales at convenience stores and coffee shops, data showed Dec. 24. The combined sal...
South Korea is still faced with continuing uncertainties, but the levels may have somewhat eased, a senior official at the Bank of Korea said Dec. 12. “As the US Federal Reserve chairman said in ...
South Korea wants more investment from Japanese companies and business ties should remain unfazed by the still ongoing trade row, Seoul’s Trade Minister said Dec. 11. “Despite the temporal tumble...
Local fintech startup unveils Korea’s first commercial system to rule out naked short selling
Kakao’s financial subsidiaries gear up for 2021 IPOs
Hanwha Asset gains PFM license for mainland China
Woori Financial’s Q3 net profit drops 1.13%
NH NongHyup sets up Myanmar branch
Kakao to raise $300m in Singapore to muster up M&A dry powder
Shinhan Financial, Grab partner on digital finance services in Vietnam
Car sharing startup Socar becomes 12th unicorn in S. Korea
November 01, 2020
![[COVID-19 Impact] South Korea‘s economic rebound loses heat](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2020/03/13/20200313000425_p.jpg)
![[COVID-19 Market Impact] IPOs, business meetings delayed, commercial banks on high alert](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2020/03/13/20200313000244_p.jpg)
![[COVID-19 Market Impact] Stocks in steep decline, fear spreads to real estate, M&As](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2020/03/13/20200313000264_p.jpg)
