South Korean airlines bank on China routes for profit recovery
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
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...
S.Korea eases path for foreign REITs in senior housing push
South Korea, grappling with a fast-aging population, has relaxed development and ownership rules for senior housing, opening the sector to foreign h...
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...
BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved
The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...
South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing
South Korea’s headline inflation remained flat in April, possibly paving the way for the central bank to loosen monetary policy further to sup...
Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...
Aekyung Industrial up for sale as group struggles to ease liquidity crunch
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...
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...
Woori Financial CEO Yim Jong-yong should stay for governance: FSS chief
Woori Financial Group Chief Executive and Chairman Yim Jong-yong should keep his post through to the end of his term and lead the banking group&rsqu...
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...
Korea to ease rules for petrochem industry M&As, plant closures
South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global suppl...
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...
Korea’s president impeached over martial law; political turmoil to ease
South Korea’s parliament voted to impeach President Yoon Suk Yeol on Saturday over his stunning martial law decree, suspending him from office...
S.Korea to ease rules for employment permit system
The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...
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...
S.Korean gov't eases restrictions on Korean investment in overseas startups
The companies founded by South Korean nationals abroad will be recognized as domestic companies if they contribute to the Korean economy, making it ...
State-run think tank KDI slashes GDP forecast, urges BOK to cut rates
The Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country’s economic growth f...
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...
Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul
South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metrop...
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...
LG Energy Q3 profit more than doubles on higher sales; shares jump
LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...
Korean brokerages flock to debt market with securities bonds on bull run
South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...
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...
Bank of Korea holds rate steady, signals pivot to easing soon
South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...
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 ...
