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South Korea’s Finance Ministry is considering imposing a 20 percent tax on income from cryptocurrency transactions, officials said Jan. 20. The Ministry of Economy and Finance recently ordered its o...
Apple Inc. was the top pick by South Korean investors among foreign companies during the fourth quarter of last year as local investors joined the rush to buy shares in the U.S. tech giant on hopes ...
South Korean households have become less fiscally sound despite their debt growing at the slowest pace in over 15 years, a central bank report said Dec. 26. Outstanding household debt, including ...
South Korean and foreign securities firms saw their combined net profit fall 28.5 percent in the third quarter from a quarter earlier due in part to declines in commission fees, data showed Dec. 24. ...
The Tina River Hydropower Project, an infrastructure development project in the Solomon Islands involving South Korean companies, has secured a combined $240 million investment pledge from six invest...
The value of South Korea’s investment funds exceeded 660 trillion won ($553 billion) last month, driven by an increase in money market funds and real assets funds amid lingering uncertainties from th...
Foreign investors in South Korea continued to recoup investments from the local bond market for three consecutive months, dragging the amount of locally listed bonds held by them to the lowest level ...
South Korea’s pension fund National Pension Service said on Dec. 4 it has picked five investment houses and earmarked some 200 billion won ($167.6 million) for its investment in startups, in a bold m...
Three South Korean institutional investors on Dec. 3 declared an end to coal exposure in their portfolios. This comes in line with the global push for responsible investment principles, such as envi...
South Korea’s financial watchdog chief expressed concerns Dec. 2 over financial companies’ practices of seeking short-term gains, citing the recent misselling of derivative products that led to huge ...
South Korea’s National Pension Service decided on Nov. 29 to hold off on plans to implement guidelines to influence its portfolio firms’ behavior amid controversy surrounding the guidelines. After a...
JB Financial Group Chairman Kim Ki-hong shared his vision in the changing industry landscape with new staff, the company said Nov. 28. Kim urged some 90 entry-level employees of Jeonju-based Jeonbu...
Asset management companies in South Korea saw their combined third-quarter profit fall on-quarter, hit by a sharp decline in their investment income, data showed Nov. 26. The combined net profit ...
The delinquency rate for South Korean banks’ won-denominated loans edged down in September due to a slight decline in the number of firms that failed to repay their debts, government data showed Nov....
Sluggish economic growth and a bleak stock market outlook have pushed South Korean securities firms to expand their horizons by turning to real estate investment. While some brokerages prefer to ope...
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
![[Feature] Korea’s aging society faces burden of rising debts, heavy taxes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2021/04/22/20210422000212_0.jpg&md=20210422103252)
