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The nation’s financial watchdog said on July 24 its probe revealed that scandal-ridden hedge fund Optimus Asset Management faked the fund portfolio to its investors, misappropriated their money and o...
After months of negotiations and trading barbs, Jeju Air finalized its decision on July 23 to scrap its plans to purchase Eastar Jet -- a decision that may have been inevitable for Jeju amid uncertai...
TR Investment has been given exclusive rights to negotiate with shareholders of MP Group, the operator of pizza restaurant chain Mr. Pizza, to buy a 41.39 percent stake for 35 billion won ($29.19 mil...
The coronavirus pandemic is turning out to be a blessing in disguise for game companies who are staying resilient in South Korea, with Kakao Games’ market valuation soaring -- a blessing in disguise ...
South Korea aims to foster its intellectual property financial investment market to 1.3 trillion won ($1.08 billion) by 2024 to help firms deal with liquidity issues triggered by the coronavirus pand...
South Korea’s financial watchdog Financial Supervisory Service on Wednesday urged 10 financial institutions to fully compensate for investors’ losses, holding them accountable for their inadvertent d...
Riding the wave of contactless service, Kakao Pay Securities, a brokerage backed by mobile messenger operator Kakao, said on July 1 that it would take the stock trading scene to the next level by add...
South Korea‘s pension fund the National Pension Service said Tuesday it has selected five private equity firms as external partners to invest a combined 800 billion won ($665.28 million) in private e...
South Korea’s largest institutional investor, the National Pension Service said Monday it has inked a partnership with Germany-based Allianz to co-invest in core real estate assets worth $2.3 billion...
South Korea’s financial regulator Monday urged financial institutions and tech companies to widen access to client information to foster personal credit information management services here, dubbed M...
Hyundai Capital, the auto financing unit of South Korean carmaker Hyundai Motor Group, has provided family support programs for working parents to better balance home and work. Launched in 2015, th...
Mirae Asset Global Investments, the asset management unit of Mirae Asset Financial Group, said on June 19 that it has been marking its growth in the global financial market by selling over 1,700 fina...
Kakao Bank said on June 17 its customers can now open KB Securities stock trading accounts via its platform. The local brokerage under KB Financial Group is the latest securities company to forge a...
Seizure treatment developer SK Biopharmaceuticals said on June 15 that it is planning what could be South Korea’s biggest initial public offering in three years, with hopes to raise nearly 1 trillion...
South Korea’s biggest real estate asset management firm IGIS Asset Management said on June 15 that it has launched a new office in Singapore as part of its global expansion. The new branch, IGIS As...
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)
