Korea to punish copper scrap traders for illegal exports

BUSAN -- South Korea is set to punish copper scrap traders, mostly Chinese-operated, for illegal exports as nonferrous metal sector companies on the...

Activist fund KCGI to buy Hanyang Securities for $180 mn

South Korean private equity firm KCGI Co. is expected to acquire local brokerage house Hanyang Securities Co. for 244.9 billion won ($179.8 million)...

SK Telecom identifies illegal drones using AI

South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...

Korea builds system to speed up naked short-selling ban

South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...

HSBC faces criminal charges for naked shorting in Korea

South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...

HSBC, BNP Paribas reported to Korean prosecutors for naked shorting

The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...

Hyundai Wia to defend against illegal drones

South Korea's second-largest automotive parts supplier Hyundai Wia Corp. plans to develop an anti-drone system (ADS) technology tailored to the uniq...

Naver Webtoon seizes 150 illegal overseas sites

South Korea’s Naver Webtoon announced on Thursday it shut down 150 illegal overseas sites, which unauthorizedly posted more than 80 webtoons i...

HSBC, BNP Paribas to be fined for naked short sales in S.Korea

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

Korea warns foreigners of stricter rules on illegal short selling

South Korea’s financial watchdog urged foreign brokerage firms to strengthen their internal control systems to ban illegal short selling on th...

Seoul mulls ‘treble damages’ for illegal K-content websites

The South Korean government and the ruling People Power Party are considering tripling punitive damages to illegal distributors of Korean entertainm...

Samsung suspends business with select software partner companies

Samsung Electronics Co. has recently “suspended transactions” with select software partner companies through regular auditing, with arou...

Hanwha Aerospace secures tech to catch illegal drones using nets

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

China's high entry barriers for Korean films, dramas

“Oh! My Gran” was the only South Korean movie to hit the big screen in China in the past year. It was also the first Korean film to be p...