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State-run lender Industrial Bank of Korea and its New York branch have been fined $86 million by the Attorney General’s Office for allegedly failing to manage their anti-money laundering program, doc...
South Korean stocks opened higher on May 21 on encouraging news about another candidate vaccine for the new coronavirus, or COVID-19, in the US. Extending gains for the fifth consecutive day, the n...
South Korea’s construction equipment maker Doosan Bobcat is under credit pressure as its US subsidiary Clark Equipment is looking to leverage $300 million via five-year senior secured notes in May, f...
Hana Financial group, South Korea’s third-largest banking group will launch a digital insurance unit next month through its newly-acquired subsidiary, The-K NON-Life Insurance, according to industry ...
Cross-border transactions of public funds will kick off this month in South Korea and four other Asia-Pacific countries, to expand corporate and individual investors’ portfolios, according to the Fin...
Reacting to the untact market trend triggered by the COVID-19 outbreak, South Korea’s financial groups are scrambling to gain an upper hand in digital financing. Untact, or non-face-to-face, has be...
Shinhan Investment has received a request to delay K-pop related private equity fund redemption from a Hong Kong-based asset management firm due to underperformed entertainment business, according to...
South Korea’s securities firms cut their target prices for CJ CGV on May 12, raising concerns that the company’s decision to issue new shares worth 250 billion won ($203.66 million) could dilute the ...
South Korea’s antitrust watchdog is set to decide this month on the level of sanctions against companies that carried out illegal business transactions between affiliates, according to news reports o...
South Korea’s latest economic stimulus measures -- known as the “Korean New Deal” -- will likely attract foreign investors to the local stock market, local brokerages said on May 8. “Offshore inves...
Twenty firms have submitted preliminary applications for initial public offerings to the Korea Exchange in April, five times higher than the previous month, a report by a local brokerage showed on Ma...
Big Hit Entertainment, one of the largest music labels in South Korea and home to K-pop darlings BTS, has been preparing to go public on the nation’s main Kospi bourse this year on the back of the bo...
South Korea’s securities exchange operator, the Korea Exchange, said on April 29 that it had removed a market cap limit on the nation’s main bourse, Kospi, lifting a regulatory rule meant to prevent ...
Psomagen, a US company dedicated to genome sequencing technology and DNA testing, said on April 29 it looks to raise at least 57.5 billion won ($47.2 million) in an initial public offering on the Kor...
Tmon, a leading Korean e-commerce company, is gearing up to go public in earnest, as it has recently chosen local investment firm Mirae Asset Daewoo as its leading underwriter. The move came after th...
SK Group retains CEOs, delays decision on chairman’s brother
[Herald Interview] Do you have a best friend at the office? Human connection crucial for work efficiency, says behavioral scientist
#2nd urea crisis? Four metals China can weaponize against EV battery firms
Drug Ministry cancels approval of 6 botulinum products
Posco Chemical enters US EV battery market via GM joint venture
Korea to foster 89,000 more software talents by 2025
Incheon Airport’s debt ratio nears 70% over plunging travel demand
’Political blessing’ needed to launch EARC
December 04, 2021
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