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...
Roborock’s privacy policy fuels data leak fears over Chinese goods
A new personal data processing policy from Chinese robot vacuum maker Roborock is raising fears that consumer data could be leaked to or misused by ...
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 mulls fines on Barclays, Citi for short-sale violations
South Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US investment banking group ...
Mirae Asset gets int'l privacy protection certification
South Korea's Mirae Asset Securities Co. said on Monday that it won the international personal information standard ISO 27701 certification after un...
S.Korea fines AliExpress $1.4 mn for alleged privacy breach
South Korea’s privacy authority is punishing AliExpress with measures including a $1.4 million fine for allegedly not providing measures to pr...
Hyundai, Kia to require stricter ESG compliance from subcontractors
South Korea’s top automaker Hyundai Motor Group plans to require stricter environmental, social and governance compliance from its partners st...
POSCO Future M publishes responsible minerals report
South Korea's POSCO Future M Co. announced on Tuesday that it released a responsible minerals report detailing establishing a sustainable supply cha...
NH Investment gets APEC Cross Border Privacy Rules
South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...
S.Korea to probe Chinese batteries' alleged patent violations
South Korea will investigate alleged patent infringement by Chinese makers of smartphone batteries and high-nickel cathodes upon requests by LG Chem...
Nexon fined over MapleStory in-game item selling
South Korea’s online game developer Nexon Korea Corp. was fined 11.6 billion won ($8.9 million) for allegedly misleading its customers over in...
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 ...
ITC launches probe into Samsung’s suit vs China’s BOE over OLED
The US International Trade Commission (ITC) has decided to launch an investigation into a complaint filed by South Korea’s Samsung Display Co....
New Mercedes E-Class, world’s first to use LG’s SPM display
LG Display Co., the world’s leading organic light-emitting diode (OLED) panel maker seeking to cement its market leadership, is supplying its ...
France’s new EV subsidy bill may violate Korea-EU FTA: KITA
The South Korean auto industry has called for an amendment in France’s new subsidy policy for electric vehicle purchases after voicing concern...
S.Korea files to revoke PCA ruling in favor of Elliott
South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...
Korea to require pre-disclosure of major shareholder stake sales
South Korea is set to require pre-disclosures of major shareholders’ listed company stake sales in an aim to prevent tumbles in stock prices.A...
Korea to allow investors to sell stocks at pre-split-off values
South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...
Korean PM Han says EV tax credits may violate FTA rules
The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...
Terraform Labs co-founder Do Kwon faces arrest warrant in South Korea
A South Korean court issued an arrest warrant to Terraform Labs co-founder Do Kwon, a cryptocurrency ecosystem that imploded earlier this year. ...
South Korea fines Google, Meta $72 million for privacy violations
South Korea’s privacy protection regulator on Wednesday levied millions of dollars in fines on Alphabet’s Google LLC and Facebook operat...
Korea may file complaint with WTO against US' Inflation Reduction Act
The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflation Reduction Act (IR...
S.Korean LIG Nex1 to develop jammers against drones from the North
South Korea’s major defense maker LIG Nex1 Co. plans to develop drone jammers that can force small unmanned aerial vehicles (UAVs) to go off c...
Seoul says US tax credit bill risks violation of FTA, WTO
South Korea has conveyed concerns to the US about its legislative move to remove tax credits from electric vehicles produced outside of North Americ...
Korea’s GS Retail fined $18.7 million over unfair dealings with contractors
South Korea’s antitrust regulator on Tuesday slapped GS Retail Co., a GS Group unit that operates the country’s second-largest convenien...
Google stops KakaoTalk updates over violation of external payment policy
Alphabet Inc.’s Google has halted updates to Kakao Corp.'s KakaoTalk, South Korea's most popular messaging app. An employee of Kakao told...
Dongwon restructuring plan faces shareholder backlash
A South Korean leading seafood and logistics conglomerate Dongwon Group’s corporate restructuring plan hit a roadblock as institutional invest...
S. Korea to track engineers' travel to control tech leaks
South Korea will create a roster of engineers in its core business sectors to monitor their travel in and out of the country. The decision aims to...
Samsung sued by ex-patent chief over IP infringement
A former vice president of Samsung Electronics Co., who led the South Korean tech giant's seven-year patent fight with Apple Inc., has sued his ex-e...
S.Korea fines Facebook, Netflix over privacy infringement
South Korea’s privacy regulator Personal Information Protection Commission (PIPC) has fined major global platform companies for their infringe...
