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Japan on Aug. 7 promulgated a revised bill striking South Korea off its list of trusted trading partners, following last week’s Cabinet approval of the measure amid an escalating row with Seoul. ...
South Korea will take swift and bold steps if necessary to help stabilize the financial markets, the country‘s finance minister said on Aug. 7, assuring that the country’s economic fundamentals remai...
South Korea said Aug. 5 it will spend 7.8 trillion won ($6.50 billion) over the next five years to nurture its materials, parts and equipment sectors and trim its dependence on Japanese imports in th...
South Korean manufacturers of cutting-edge electronic components are likely to face increasing costs and burdens in securing high-tech materials and parts from Japan following the neighbor’s decision...
In light of the trade conflict with Japan and other external risks, concerns are mounting that South Korea’s economic growth this year may fall below 2 percent at worst, lower than the range of 2.2-2...
The ruling party, government and presidential office on Aug. 4 vowed to add at least 1 trillion won ($833 million) to next year’s state budget, in an effort to expand fiscal space amid escalated trad...
The first half of the year was depressing for China’s venture capital industry compared to glorious past years. The number of venture capital deals successfully closed in the first half of this year...
The government will seek to set aside more than 1 trillion won ($847 million) in next year’s state budget to support companies producing parts and materials used in chips amid Japan’s export curbs, a...
The boycott of Japanese products and services seems to be gaining ground here as a bilateral trade war with South Korea entered the third week. According to convenience store chain CU, the sales of ...
The South Korean government will temporarily expand tax benefits to corporate investment, the finance minister said Monday, in the latest move to encourage business spending amid a slowing economy. ...
South Korean exports of information and communications technology products fell for the eighth straight month in June on weak demand for semiconductors, mobile phones and displays, data showed on Jul...
Financial Services Commission Chairman Choi Jong-ku on July 18 undermined any possible retaliation by Japan in the financial sector. “I know there are some concerns that Japan’s trade retaliation mi...
Home sales in South Korea plunged more than 28 percent in the first half of the year compared to a year earlier, data showed on July 18. The number of housing transactions came to 314,108 in the ...
The Bank of Korea slashed its growth forecast for the economy to 2.2 percent on July 18, citing sluggish demand at home and abroad amid growing trade protectionism and a delayed recovery in the globa...
The Bank of Korea (BOK) slashed its policy rate by a quarter percentage point to 1.50 percent on July 18 in a surprise move to help spur growth amid prolonged trade tensions. The rate cut is the ...
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
