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[THE INVESTOR] The Financial Supervisory Service has put a 10 million won (US$8,631) bounty on voice phishing suspects. On Jan. 26, the FSS posted recordings of five suspects on its anti-voice phis...
[ THE INVESTOR ] South Korea’s finance minister vowed on Jan. 23 to carry on restructuring and supporting troubled industries this year, urging two state-owned policy lenders to continue their effo...
[ THE INVESTOR ] Recently privatized Woori Bank said its outside directors decided Wednesday to renew the term of its current CEO Lee Kwang-goo, who led the bank’s long-awaited privatization alon...
[ THE INVESTOR ] Woori Bank announced on Jan. 24 that it has won approval from the Polish financial regulatory authority to open a representiative office in the eastern European country. Woori B...
[ THE INVESTOR ] The value of merger and acquisition deals in South Korea in 2016 almost halved from the previous year due to the lack of mega deals amid the influence-peddling scandal, according t...
[THE INVESTOR] South Korea and Hong Kong will share financial information on residents starting 2019, the Ministry of Strategy and Finance said on Jan. 23. According to the ministry, the two sides ...
[ THE INVESTOR ] The Export-Import Bank of Korea will reduce total corporate funding this year but enhance support for prospective firms and small and medium-sized enterprises to help revive the lo...
[ THE INVESTOR ] The South Korean won has advanced 3.2 percent against the US dollar so far this year, the best performer among major currencies, making a turnaround from its sharp fall in the pas...
[ THE INVESTOR ] A lower court ordered Deutsche Bank on Jan. 20 to compensate investors who suffered losses due to its manipulation of stock prices. The Seoul Central District Court ordered the Ge...
[ THE INVESTOR ] Shares of CJ E&M have been on the rise as a solo flight in the stock market amid China’s move to restrict imports of South Korea’s cultural contents, market data showed on Jan. 2...
[THE INVESTOR] Nearly 3,000 KB Kookmin Bank employees have opted for voluntary retirement, the bank announced on Jan. 19. According to the bank, 2,795 workers have opted for the voluntary retiremen...
[ THE INVESTOR ] The Bank of Korea last year spent a total of 150 billion ($126.9 million) to issue new notes and coins, up 4.4 precent from the precious year and marking the second consecutive ann...
[ THE INVESTOR ] South Korea’s government is considering designating 10 public organizations as government enterprises for stricter control, a move strongly opposed by labor unions. The Ministry o...
[ THE INVESTOR ] The Korean fair trade watchdog has begun an investigation into tobacco manufacturer KT&G on allegations that the company gained up to 330 billion won ($282 million) in unfair profi...
[ THE INVESTOR ] The money supply in South Korea has rapidly grown in recent months, but this has not translated into fast circulation amid weak sentiment toward investment and consumption, data fr...
This week's DECODED X
Samsung sends out invites for Galaxy Note 8 Unpacked
Abu Dhabi SWF invests in Nexen Tire
All you need to know about Samsung's Galaxy Note 8
Mercedes-Benz to haul diesel cars off Korean roads
Coway teams up with Amazon for hi-tech water purifier
Coupang wins lawsuit on Rocket Delivery
Samsung launches English version of Bixby in US, Korea
