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Hotel transaction volume in South Korea’s capital city of Seoul fell sharply in 2020 as travel restrictions stemming from the coronavirus pandemic sent shock waves through the accommodation industry...
The Korea Corporate Governance Service, a nonprofit organization that offers environmental, social and governance evaluations for companies, said on April 6 that it had downgraded the ESG ratings of...
Investors engaged in naked short selling will be fined up to 100 percent of their order amount, the nation’s top financial regulator said April 6. According to the policymaking Financial Services ...
Shares in local brokerages have risen over the past few days as their investments in rising fintech companies have gained attention from investors. Shares in Hanwha Investment and Securities rose ...
Financial Services Commission Chairman Eun Sung-soo said on April 1 that SsangYong Motor’s likely investor, US automotive distributor HAAH Automotive, has asked the government to give them more tim...
Shares of Hanjin KAL plunged on April 5 as a hostile takeover bid of an activist investor group came to a standstill the week prior. Hanjin KAL, the holding company of the Hanjin conglomerate that...
Kim Jung-ju, CEO of gaming firm Nexon’s holding company NXC, is Korea’s richest businessman, with assets valued at $14.1 billion, according to a report from a US think tank. Kim was ranked 144th o...
Stocks held by Korean individuals jumped by 58 percent last year, getting closer to be on par with that of foreigners amid an equity investment craze, data showed April 1. The local investors’ own...
On the heels of e-commerce platform Coupang’s listing on the New York Stock Exchange last month, which saw a valuation of over $100 billion, retail investors are seeking out similar opportunities wi...
The firm started out with five electric company cars in 2019 and had expanded that number to 16 by the end of last year. It currently operates two charging stations, one at its headquarters in centr...
An employee at Shinhan Bank’s Yangon branch was shot amid escalating bloodshed in Myanmar, the South Korean lender and a Myanmar-based news outlet said April 1. The female employee, a national of ...
Yoon Suk-heun, chief of South Korea‘s financial watchdog, pledged on April 4 to beef up its oversight to prevent a spillover of risks associated with environmental, social and governance factors in ...
The head of South Korea’s sole stock bourse operator on March 31 said that allowing a dual-class share system in the country would help more unicorns -- privately held startups valued at 1 trillion ...
South Korea‘s largest institutional investor the National Pension Service gained 2.35 percent in January from its allocation, its preliminary data showed on March 31. The monthly disclosure also s...
US investment firm BlackRock said on March 31 that it aims to sell its onshore retail fund business in South Korea to a local peer, DGB Asset Management, as part of its business restructuring in the...
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