Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares

Seoul-based private equity firm Hahn & Co. will award employees of Namyang Dairy Products Co., a South Korean dairy product producer, 1.6 billio...

Celltrion shares rise after bonus issue announcement   

Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...

Must Asset calls on Young Poong to take steps to boost shareholder value

South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...

Junior bankers choosing track records over name value

A number of junior bankers at the Korean offices of major global investment banks such as Morgan Stanely and J.P.Morgan have resigned since July wit...

KT posts Q2 profit drops on pay raises, bonus payments

KT Corp., South Korea’s No. 1 telecom service provider, on Friday reported a 14.3% drop in second-quarter operating profit despite steady reve...

No annual bonuses for Samsung chip unit due to loss

Samsung Electronics Co., the world’s top memory chipmaker, decided not to pay annual bonuses to staff of its semiconductor business due to the...

K-pop label JYP Entertainment earnings disappoint; shares down

JYP Entertainment Corp., the music label behind K-pop bands Stray Kids, Twice and NiziU, saw its stocks drop on Monday due to its disappointing quar...

Hanwha Ocean's hiring shows shipbuilding's competition for talent

South Korea's Hanwha Ocean Co., formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), is showing the intense hiring battle in shipbuildi...

Kia offers up to $7,500 in incentives in US for leasing EV6

South Korea's Kia Corp. is offering discounts of up to $7,500 in the US for leasing its electric compact crossover SUV line EV6 to boost its price c...

PharmaResearch pays employees $7,706 bonus for having 3rd child

With South Korea setting new lows in birth rate every year, PharmaResearch on Wednesday said it will adopt an unprecedented system of childbirth and...

Korean oil refiners to bask in record profits with hefty bonuses

Employees at South Korea’s oil refiners are expected to receive hefty bonuses after their companies posted record earnings last year amid hi...

NPS rewards investment managers with hefty bonuses

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund with 930 trillion won ($781.8 billion) in total a...

NPS pays hefty performance bonus after strongest 2019 return

The National Pension Service is paying handsome performance bonuses to its internal investment staff after the world’s third-largest pension fun...