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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...
Household debt extended by banks in South Korea continued to increase at a steady pace in November, while fresh bank deposits spiked at the highest level in nearly five years, central bank data showe...
South Korea’s jobless rate fell to 3.1 percent in November, and job additions came to over 330,000, data showed Dec. 11. The unemployment rate decreased 0.1 percentage point on-year, and the numb...
South Korea may have been hit the hardest among major economies by the protracted trade dispute between the United States and China due to its high dependence on exports to the countries, a report sa...
South Korea’s vice finance minister said Dec. 9 the government will swiftly take measures to stabilize its financial markets in case of increased volatility amid renewed concerns about the trade war ...
BlackRock sells some of Coway stake
Dunamu’s Q1 profit likely to exceed market expectations on surging coin trades
Shinhan Asset to shy away from domestic equities with low ESG scores
Concerns rise as more young Koreans dip their toes into crypto market
[Feature] Korea’s aging society faces burden of rising debts, heavy taxes
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Kospi hits fresh high on foreign, institutional buying
April 23, 2021
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