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A movie based on the true story of the takeover of the Korea Exchange Bank by US hedge fund Lone Star Funds has reignited controversy over the deal, which is still the subject of an ongoing investor-...
South Korea’s household debt reached a record high in the third quarter of the year, but it grew at the slowest clip in more than 15 years amid government measures to curb it, central bank data showe...
The Cabinet on Nov. 19 approved a bill on regulation of peer-to-peer loans in a bid to tackle deceptive P2P lending practices and protect consumers, officials said. Under the regulation, which wi...
South Korea’s Justice Ministry on Nov. 18 unveiled a revised visa policy to ease regulations for foreign workers in the parts, materials and equipment industries as part of ongoing efforts to help th...
South Korea’s trade deficit with Japan is expected to sink to a 16-year low in 2019 due to a tumble in imports, data showed Nov. 18. Seoul posted a trade deficit of $16.37 billion with Tokyo in t...
South Korea is exploring the possibility of forging individual free trade deals with more ASEAN member states, a senior trade official has said, in a move to further boost growing economic ties with ...
Standard & Poor’s on Nov. 6 affirmed its AA sovereign credit rating for South Korea, despite earlier slashing its growth outlook. The global rating agency also maintained its stable outlook for t...
South Korea’s exports of agricultural products advanced 1.3 percent in the first 10 months of 2019 from a year earlier, data showed Nov. 7, on the back of strong demand for fresh goods. The count...
Foreign direct investment in South Korea plunged 37 percent in the first half from a year earlier, a poor performance compared with the United States, China and Japan, a business lobby said Nov. 7. ...
South Korea’s credit default risk fell to the lowest level in more than 12 years, the Finance Ministry said Nov. 6, underscoring foreign investors’ confidence in Asia’s fourth-largest economy. Th...
South Korea and the United States held vice-ministerial economic cooperation talks in Seoul on Nov. 6, largely aimed at enhancing their key regional policy initiatives in Southeast Asia and the Indo-...
South Korea’s Transport Ministry on Nov. 6 adopted a scheme to cap presale prices of privately built apartments as part of extended efforts to stabilize real estate markets. Seoul revised related...
South Korea’s current account surplus reached an 11-month high in September, although its amount narrowed from a year earlier due to slowing exports, central bank data showed Nov. 6. The country’...
South Korea has built a hydrogen plant in the country’s western region, the Oceans Ministry said Nov. 5, in a move that could further boost its efforts to support the promotion of hydrogen fuel cell ...
South Korea’s foreign exchange reserves rose to a new high last month, but largely due to the weakening of the US dollar, which pushed up the dollar value of its assets held in other currencies, cent...
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
