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The state-run Industrial Bank of Korea agreed to pay $86 million (100 billion won) to the the US authorities in penalties over illegal cash transfer to Iran, the bank said on April 21. As part of i...
Amid concerns building over risks of individual investors seeking short-term profits, a local expert said Monday that the latest buying trend will likely result in great success in the long run. “R...
Seoul-based global startup accelerator SparkLabs said on April 13 it has joined hands with nonbanking lender Shinhan Capital to create a 10.1 billion won ($8.28 million) fund to support early-stage ...
Facing a looming liquidity crunch due to the coronavirus crisis, South Korean companies have sold off their assets, including real estate and equities, to keep enough cash in their vaults, according...
South Korean brokerages are on high alert as funds related to foreign real estate -- and their direct investment in property ownership abroad -- are likely to suffer losses under the intensifying pan...
Ion Investments, an affiliate of Singaporean investment firm Temasek Holdings, sold millions of shares of South Korea’s biosimilar giant Celltrion and its distribution affiliate Celltrion Healthcare ...
US investment house BlackRock Fund Advisors has offloaded its 1.01 percent stake in South Korea’s game software developer NCSoft to cash out 129.57 billion won ($105.1 million), a filing showed on Ap...
South Korea‘s brokerage houses are expected to take a breather from financial woes, triggered by the recent rout in risky structured products that placed their heavy bets on foreign stock benchmark i...
South Korea’s state pension fund said on March 25 that it will take a final stance Thursday on the family feud centering on management control of Hanjin KAL, holding company of Hanjin Group which run...
South Korean stocks rebounded sharply Tuesday as investors were buoyed by the US Federal Reserve’s overnight announcement of unlimited bond-buying to tackle the economic slowdown due to coronavirus s...
Highly volatile exchange rates and dampened investment sentiment around the world are now posing challenges to South Korea’s asset management firms, which have been accelerating their expansion into ...
Despite a six-month ban on short selling of stocks, foreign investment banking houses remain dominant players betting on falling prices of South Korean shares, raising hackles for the stock market vo...
Amid the accelerating volatility of South Korea’s stock market, discontent is brewing over foreign investors, accused of being responsible with their rampant short selling. Short sellers, either in...
South Korean stocks rebounded sharply on March 21 as investors were buoyed by the currency swap deal between Seoul and Washington, snapping a freefall of seven consecutive sessions. The Korean won w...
With stock prices of major tech firms plummeting, retail investors see it as a big opportunity for profit, given ultralow interest rates. Past experience of the local stock market’s dramatic rebound...
Watchdog orders banks to compensate investors for damages from Lime misselling
National Pension Service gains W72tr for 2020
Provisioning, relief measures to support S. Korean banks’ performance: Fitch
Once-hot P2P lending industry faces tough road ahead
SK Bioscience seeks up to W1.5tr in blockbuster IPO
S. Korean unicorns take big leap with greater global presence
[News Focus] Power struggle? FSC, BOK bicker over revision of payment settlement law
US-based NeoImmuneTech eyes W96b IPO in Korea