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34 Kospi 200 firms lack whistleblowing policy: reportMarketsJan 20, 2020More than 30 Kospi 200 firms still have no whistleblowing policy for transparent management of their accounting control system, according to the latest report released by Samjong KPMG on Monday. The... -
DRAM prices up for 11 consecutive days, boding well for chipmakersMarketsJan 20, 2020Spot market prices for DRAM chips are surely on a rising course as they went up for 11 straight days, industry data showed Monday, boding well for South Korean chipmakers. The spot price of 8-gigabi... -
Korea Eximbank to extend W69tr in loans to firms in 2020EconomyJan 20, 2020The Export-Import Bank of Korea said Monday that it will extend 69 trillion won ($59.5 billion) in loans to South Korean companies this year to help boost the economy. The figures represent a 16 per... -
Korea's exports to Canada surge since launch of FTAEconomyJan 20, 2020South Korea's exports to Canada have shot up 14 percent since the implementation of their free trade deal, data showed Monday, despite increased protectionism and the slowing economy around the globe... -
S. Korea aims to boost agricultural exports by 6.7% in 2020EconomyJan 20, 2020South Korea said Monday it seeks to expand its outbound shipments of agricultural goods by 6.7 percent to hit $7.5 billion in 2020 by diversifying its product portfolio and penetrating deeper into em... -
ICT exports sink 20% in 2019 on trade row, chip slumpEconomyJan 20, 2020South Korea's exports of information and communications technology products nosedived nearly 20 percent on-year in 2019, data showed Monday, due mainly to a lengthy trade row between the United State... -
S. Korea considering imposing 20% tax on cryptocurrenciesEconomyJan 20, 2020South Korea's finance ministry has been considering imposing a 20 percent tax on income from cryptocurrency transactions, officials said Monday. The Ministry of Economy and Finance has recently orde... -
Korean economy grows 1.89% in 2019, shy of estimate: pollEconomyJan 20, 2020The South Korean economy is expected to have fallen far short of its growth target last year, marking the slowest growth in a decade, a poll showed Monday. In a survey conducted by Yonhap Infomax, t... -
S. Korea to focus on promoting economic cooperation with Russia, MongoliaEconomyJan 20, 2020South Korea will focus on promoting economic cooperation this year with Russia, Mongolia and other countries located north of the Korean Peninsula in line with the diplomatic initiative of its New No... -
S. Korea breaks six-year winning streak on Bloomberg Innovation IndexEconomyJan 19, 2020South Korea ranked No. 2 on the Bloomberg Innovation Index this year, putting an abrupt halt to its six-year winning streak, government data showed Sunday. According to the Ministry of Economy and F... -
D.Camp holds first startup pitching event for 2020MarketsJan 19, 2020D.Camp, a leading South Korean startup accelerator, said Sunday that augmented reality solution startup Qrio and health tech startup 9to6 topped its first pitching competition of 2020, held last week... -
Samsung likely to replace chiefs of most financial unitsMarketsJan 19, 2020Samsung Group is expected to replace most of the chief executives at its financial units, including Samsung Life Insurance and Samsung Card, according to news reports on Sunday. According to local b... -
Bias toward tech firms flusters stock market investorsMarketsJan 19, 2020South Korea’s stock market was tepid in 2019 and continues to face uncertainties, rankling many investors who are complaining that technology firms are being preferred for listing on the secondary Ko... -
Banking chiefs edgy as they await final sanctions decision by authoritiesMoneyJan 19, 2020Fate of Shinhan, Woori, Hana chiefs to be decided Wednesday -
S. Korea sees $920m in foreigners’ net purchase last yearMarketsJan 17, 2020Foreign investors in South Korea net purchased some $920 million, or 1.04 trillion won, of locally listed stocks last year, but the figure was conspicuously lower than that of peer emerging economies...
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