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South Korea’s stocks declined almost 4 percent on Thursday, as the World Health Organization declared the coronavirus outbreak a pandemic. The benchmark Kospi plunged 73.94 points, or 3.87 percent, ...
South Korea’s stocks tumbled by almost 3 percent on March 11 to hit the lowest in almost 4 years on growing skepticism about the U.S.‘s stimulus plans to counter the new coronavirus and an extended s...
South Korea’s financial authorities said on March 10 they will tighten regulations on stock short selling as part of market stabilization measures amid increased fluctuations sparked by the outbreak ...
Despite the slowdown in new cases of the novel corona virus (COVID-19) in the country, South Korea’s stock market experienced the worst day in months as the virus continues to rapidly spread across t...
Korea’s financial watchdogs are considering regulating short sales of local stocks, similar to rules being implemented in Hong Kong, to reinforce market vulnerability exposed over massive amounts of ...
Korea’s benchmark Kospi rose less than 1 percent, barely recovering past the 2,000 mark after crashing in the previous session Monday over expectations on an interest rate cut in the US. The local c...
South Korean real estate investment firm JR Asset Management (JR AMC) said on Feb. 24 that it had obtained government approval for the initial public offering of its real estate investment trust, wh...
South Korea’s Woori Bank said Feb. 17 it recently merged two of its Cambodian subsidiaries in an effort to provide comprehensive financial services in the Southeast Asian nation. According to the ...
South Korean investment houses are moving to reap windfalls from listed companies here involved in the production of Oscar-winning film “Parasite.” As the shares of producer Barunson E&A and its af...
Seven South Korean firms are looking to raise as much as a combined 247 billion won ($206.6 million) through initial public offerings in February, but market watchers are wary as the local stock mark...
The recent brouhaha surrounding hedge fund company Lime Asset Management is stoking concerns about a potential liquidity crunch across the financial market in South Korea. At the heart of the contr...
The head of the Industrial Bank of Korea officially took office Wednesday after nearly a month of being unable to enter his office in the face of fierce protests from the labor union, which objected ...
Last year, the number of newly minted coins hit the lowest value on record and the number of banking branches continued to drop, according to data on Monday. The Bank of Korea, the nation’s central...
Shinhan Financial Group Chairman Cho Yong-byoung on Jan. 22 received a suspended sentence on influence-peddling charges in the flagship banking unit’s recruiting scandal, even as his leadership rema...
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...
Yanolja preps to go public in 2022
Antitrust watchdog drafts law to regulate online platforms
Kakao Pay eyes IPO next year
SC Bank Korea partners Toss to launch short-term personal loan
Big Hit’s offering price fixed at 135,000 won
Proptech startup Kasa Korea attracts W9.2b in series B funding
Korean lenders struggle with New York hotel-retail project investment
Netmarble launches storytelling game BTS Universe Story, second collaboration with BTS
September 29, 2020
