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...
GIC resumes Seoul Finance Center sale in major Korean property deal
Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...
All listed stocks to be available for shorting in South Korea
South Korea will allow short selling of all listed stocks in the country as of Monday for the first time in five years, raising expectations of more...
SillaJen: First to use lab-grown human tissue to find best cancer drug dose
South Korean biotechnology firm SillaJen Inc. is pioneering a new approach to determine the best dose for a cancer drug combination in clinical tria...
South Korea to fully resume short selling in March: FSC Chief
South Korea will allow short selling on all listed stocks in the country next month as planned, said the chief of the country’s financial regu...
S.Korea needs to allow short-selling for all listed stocks: FSS chief
Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...
South Korea allows foreigners to trade treasuries via omnibus accounts
South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...
Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...
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 ...
Korea Investment lowers price target for Samsung Electro-Mechanics
Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...
Krafton diversifies its business by investing in Spoon Labs
South Korea's gaming giant Krafton Inc. said on Wednesday that it invested in SpoonLabs, a domestic short-form drama platform companySpoonLabs is th...
Hyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to...
Young rich Koreans: Financially literate, self-directing
Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private banker...
Korea slaps Credit Suisse with largest ever short-sale penalty
South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...
MSCI keeps Korea on emerging market list on short-selling ban
MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country&rsquo...
South Korean webtoon makers in quandary after pandemic
At the height of the COVID-19 pandemic a few years back, social distancing was the rule of life. People stayed at home, with many of them killing ti...
Korea likely to lift short-selling ban in April after leveling playing field
South Korea’s financial regulator, the Financial Services Commission (FSC), said on Thursday it will extend its blanket stock short-selling ba...
Korea's short-selling ban impedes MSCI index upgrade
South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...
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 fine Credit Suisse, Nomura $40 mn on short sales
South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bil...
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...
CJ Onstyle boosts live commerce unit
South Korea's CJ OnStyle announced on Wednesday that it broadened its mobile live commerce division by introducing programming, marketing, and new...
Korean brokerages expand bond issues to repay short-term debts
South Korea’s mid-sized brokerage firms are increasingly embracing bond sales as several large firms sold their bonds in January amid investor...
Shortt gets 400 mn views in one year in SE Asian market
Shortt, a South Korean short form content company, announced on Wednesday that it has got a total of 400 million views of its campaigns for South Ko...
Korean stock market volatility up since short-selling ban
The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to government hopes that i...
Lotte Rental, KB Capital to co-work for car rental
Lotte Rental Co., South Korea's largest car rental firm, has signed a strategic memorandum of understanding (MOU) with the domestic financial comp...
S-Oil’s 2023 operating profit more than halves on weak refining margins
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Friday posted a 58.3% decline in its operating profit last year, weighed by lower re...
LG Display to raise $494 mn through syndicated loan
LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, will raise 650 billion won ($494 million) by t...
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...
