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KB, SC Bank, Mirae Asset Daewoo get top grades in governance, ESGMoneyOct 14, 2020Standard Chartered Bank Korea, KB Financial Group and Mirae Asset Daewoo were recognized for their best practices in corporate governance and ESG management, respectively, the companies said Wednesda... -
S. Korea continues efforts to stabilize FX marketsEconomyOct 14, 2020SEJONG -- South Korea's vice finance minister said Wednesday that the government has continued efforts to stabilize foreign exchange markets, citing the "relatively speedy" strength of the Korean cur... -
More than half of card loan users juggle multiple debtsMoneyOct 14, 2020More than a half of credit card loan users in South Korea pay debts with cash withdrawn from multiple financial institutions, data showed Monday, indicating that both credit card issuers and commerci... -
S. Korea to hold population census this week amid pandemicEconomyOct 14, 2020SEJONG -- South Korea will hold a national census this week, the statistics agency said Wednesday, amid the coronavirus pandemic. Statistics Korea asked people to use mobile phones, fixed-line telep... -
Seoul stocks open lower on US stimulus deadlock, vaccine worriesMarketsOct 14, 2020South Korean shares opened lower Wednesday, as investor sentiment weakened over a deadlock in US fiscal stimulus plans and slow progress in new coronavirus vaccine development. The benchmark Korea C... -
BOK freezes key rate amid virus fallout and growing household debtEconomyOct 14, 2020South Korea's central bank froze its key interest rate at a record low Wednesday amid heightened economic uncertainties over the protracted coronavirus outbreak and rising housing prices. The Bank o... -
S. Korea seeks to supply more homes to newlyweds, first-time homebuyersEconomyOct 14, 2020SEJONG -- South Korea plans to supply more homes to newlyweds and first-time homebuyers through public and private development projects, Finance Minister Hong Nam-ki said Wednesday. About 92 percent... -
IMF slightly upgrades S. Korea's growth forecast for this yearEconomyOct 13, 2020The International Monetary Fund said Tuesday that South Korea's economy will shrink 1.9 percent this year as the coronavirus pandemic ravaged exports and consumption. The IMF's latest forecast repre... -
IBK provides online PR channel for coronavirus-hit local SMEsMarketsOct 13, 2020The Industrial Bank of Korea said Tuesday that it will help local small and medium-sized enterprises promote their products via online channels amid the prolonged market fallout of COVID-19. The sta... -
Kakao affiliate Kids Note sets its eyes on IPO in 2022MarketsOct 13, 2020Kids Note, an operator of a mobile platform for nursery schools and parents in South Korea, said Tuesday it was preparing to go public in 2022. As part of its initial steps for the planned initial p... -
State trade insurer fails to recover overseas debt worth W1.4tr: dataMoneyOct 13, 2020South Korea’s state-run trade insurance firm has failed to retrieve some 1.4 trillion won ($1.2 billion) so far spent to cover local exporters' losses in their deals with foreign companies, data show... -
Yoon under siege in Assembly audit over hedge fund fiascoMarketsOct 13, 2020FSS chief denies Cheong Wa Dae‘s influence on watchdog‘s probe on Lime, Optimus scandal -
Korean shipbuilders likely to win more orders for LNG ships this yearEconomyOct 13, 2020South Korean shipbuilders are expected to win orders later this year to build liquefied national gas (LNG) ships in Africa, analysts said Tuesday. In the January-September period, local shipbuilders... -
Seoul stocks turn lower late Tue. morning on virus resurgenceMarketsOct 13, 2020South Korean stocks turned lower late Tuesday morning, as investors went risk-averse over the local resurgence of the new coronavirus. The benchmark Korea Composite Stock Price Index (KOSPI) lost 14... -
Seoul stocks snap 8-day winning streak on virus resurgenceMarketsOct 13, 2020South Korean stocks ended their eight-session winning streak Tuesday, as investors went risk-averse over a resurgence of the new coronavirus. The Korean won fell against the US dollar. The benchmark...
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01[Breaking] Samsung Chairman Lee Kun-hee dies at 78
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Architect of Samsung’s tech revolution, Chairman Lee Kun-hee dies at 7802
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03Sunday’s new COVID-19 cases dip to 61 on fewer tests
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Lee Jae-yong's 'New Samsung' era ushered in04
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05New virus cases fall below 100 amid cluster infections
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S. Korea finds no evidence of flu vaccine’s role in reported deaths06
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07S. Korea to continue flu vaccination program as no direct links with deaths found
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Beloved sandwich shop moves to new Seongsu-dong perch08
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09'Samsung Empire' architect Lee's feats well deserved, but tarnished by political scandal
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Will Samsung make changes in governance structure?10