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Digital currency authorized by the central bank may have a negative impact on the Korean financial system, causing a liquidity shortage and pushing up interest rates, a report said on Feb. 7. Rec...
South Korea plans to spend over 13 trillion won (US$11.60 billion) over the next decade to expand infrastructure areas that border North Korea, including the Demilitarized Zone, for closer inter-Kore...
[THE INVESTOR] Korea’s antitrust regulator said on Feb. 7 that the number of firms affiliated with local conglomerates on its watch list fell by 23 to 2,570 in the last three months. The Fair Tr...
[THE INVESTOR] Korea’s exports moved down 5.8 percent in January from a year earlier, government data showed on Feb. 1. Outbound shipments came to US$46.3 billion for January, down from US$49.2 ...
[THE INVESTOR] The number of counterfeit Korean banknotes detected here last year reached a 20-year low, the central bank said on Jan. 30. The Bank of Korea said a total of 605 fake bills were f...
[THE INVESTOR] Korea’s Industry Ministry said on Jan. 29 it plans to provide more incentives to overseas companies operating in the country and induce them to carry out more foreign direct investmen...
[THE INVESTOR] Korea’s imports of liquefied natural gas reached an all-time high in 2018 amid a spike in purchases from the United States, industry data showed on Jan. 28. The country’s LNG impo...
[THE INVESTOR] Korea's yearly private consumption grew at the fastest rate in seven years in 2018, data from the Bank of Korea showed on Jan. 27. The private consumption grew 2.8 percent through 20...
[THE INVESTOR] Korean duty-free stores saw their sales from Japanese consumers rise sharply on-year in January despite the on-going military tension between the two countries, apparently on the back...
[THE INVESTOR] The following is the full text of the Bank of Korea’s statement on its monetary policy decision for January. The central bank’s monetary policy board decided on Jan. 24 to freeze ...
[THE INVESTOR] Sales of Lotto tickets in Korea reached an all-time high in 2018 though their growth slowed amid the absence of new sales outlets, the country’s lottery operator said on Jan. 22. ...
[THE INVESTOR] The Ministry of SMEs and Startups announced on Jan. 21 that more payment gateway and value-added network firms, including Kakao Pay and KT, are likely to participate in the government...
[THE INVESTOR] Your straight-A high school daughter just found out she has a half-sister. That half-sister is now dead, and as much as you don’t want to call out your own flesh and blood, you suspec...
[THE INVESTOR] The head of Korea’s financial regulator on Jan. 16 vowed to ease regulations and support the promotion of domestic fintech industry. “Based on the fintech infrastructure we built las...
[THE INVESTOR] The gap in research and development (R&D) investment between South Korea‘s small and medium-sized businesses and big companies is widening, a local think tank said on Jan. 13, a devel...
Hana Financial partners with SK Telecom and Kiwoom Securities for internet-only bank
CJ ENM denies Netmarble’s US$2b stake sell-off rumors
JW Life Science to giveW8b dividends
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
February 19, 2019
