Seoul vows zero-tolerance measures against unfair stock trading
South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful fina...
Proxy voting rises in South Korea, but few vetoes cast
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
Dunamu slapped with 3-month business suspension order
Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...
S.Korea’s top financial regulator pushes tax support for value-up program
South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...
Regulator denies reporting MBK to prosecutors over Korea Zinc
A senior Financial Supervisory Service (FSS) official on Thursday denied a report that the regulatory body has referred MBK Partners and Young Poong...
Korea seeks to ease fintech ownership, crypto regulations
South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...
South Korea to ease foreign exchange regulations, expand FX swap line
South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...
Mirae Asset aspires to No. 5 in Indian securities market with Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian securities market th...
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...
Hyundai to launch Euro 7-compliant car in Europe next year
Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...
Big Tech get slap on wrist for tax avoidance in Korea
Global Big Tech companies such as Google, Meta and Netflix have paid a pittance in South Korea taxes and were fined as little as one-ten-thousandth ...
MBK not to raise Korea Zinc tender offer price after regulator warning
MBK Partners will not raise its tender offer prices again for Korea Zinc Inc. and its affiliate Young Poong Precision Corp. after hiking them twice ...
Korea’s credit loans balloon as regulators cap mortgages
Credit loans are ballooning in South Korea as regulators tightened their grips on record-high mortgages to rein in the growth in household lend...
Alipay’s rise puts Korea on alert to private data breaches
South Korean fintech companies' customer data transfers to Alipay, a Chinese payment platform, are setting off private data breach alarm bells amid ...
Korean shipbuilding shares surge on supercycle hope, Trump Trade
South Korea’s Big Three shipbuilders, also the world’s three largest, stand to benefit from the emerging industry supercycle and the so-...
Doosan Robotics, Bobcat merger prompts call for law revision
Doosan Group’s announcement of a merger between Doosan Robotics Inc. and Doosan Bobcat Inc. has met with strong criticism from investors and p...
POSCO restarts furnace after upgrade with smart system
POSCO, the world’s seventh-largest steelmaker, on Thursday restarted a blast furnace in South Korea following a revamp applying a smart system...
HD Hyundai Oilbank to export SAF to Japan
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, said on Sunday that it will export sustainable aviation fuel (SAF) to Ja...
Hyundai to launch EV model of Staria minivan in 2026
South Korea’s top automaker, Hyundai Motor Co., is slated to launch an electric vehicle model of its Staria van in 2026 to respond to the inte...
Dongkuk CM establishes European branch in Germany
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel business unit of South Korea's Dongkuk Steel Group, announced on Wednesday that it op...
Hyundai Glovis adopts system to meet US' green policies on car carriers
Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...
Block deals of Korean stocks surge ahead of tighter regulation
Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...
Korea may partially lift short-selling ban from June: regulator
NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...
Korea to launch alternative stock exchange in 2025
South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enable stock trading for...
Weak property market cuts into Korean securities firms’ profits
dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...
Labor reform urged in Korea with higher wages than Japan
Wages at South Korean companies, both large and small, have surpassed those of their Japanese counterparts.According to a report on wage comparisons...
Doosan Enerbility faces record $15 mn in fines for improper bookkeeping
South Korea's major power plant builder Doosan Enerbility Co. faces a record-breaking fine to the tune of about 20 billion won ($15 million) over it...
Korea’s top regulator detects more foreigners’ naked shorting
South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...
South Korea set to abolish financial investment gains tax: Yoon
South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual...
BNP Paribas, HSBC fined $20.4 million in Korea for naked short-selling
South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...
