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MMAA names former NSC deputy director as new CEOMoneyFeb 15, 2021The Military Mutual Aid Association has named Kim You-geun, former deputy director of South Korea‘s National Security Council, as its new chief executive officer of the institutional investor, offici... -
S. Korea's auto exports jump 30% in JanuaryEconomyFeb 15, 2021South Korea's auto exports jumped 29.5 percent on year in January, as global demand showed signs of modest recovery from the coronavirus pandemic, data showed Monday. The nation's auto production an... -
Seoul stocks open higher on tech gainsMarketsFeb 15, 2021South Korean stocks opened higher Monday on strong advances by tech stocks. The benchmark Korea Composite Stock Price Index rose 35.91 points, or 1.16 percent, to 3,136.49 points in the first 15 min... -
S. Korea's exports jump 69% in first 10 days of Feb.EconomyFeb 15, 2021South Korea's exports jumped 69.1 percent on-year in the first 10 days of February on strong shipments of chips and autos amid the pandemic, customs data showed Monday. The country's outbound shipme... -
Restaurant's business confidence hits nadir in Q4EconomyFeb 15, 2021South Korean restaurants' business sentiment sank to an all-time low in the fourth quarter of 2020 amid a surge in COVID-19 infections in the country, a state food distribution firm said Monday. The... -
S. Korea's online food market grows explosively in 2020 amid pandemicEconomyFeb 15, 2021South Korea's online food market posted explosive growth in 2020 from a year earlier due to the fallout from the coronavirus pandemic, data showed Monday. The value of online food transactions in As... -
Recovery of pandemic-hit labor market tipped to be modest: BOKEconomyFeb 14, 2021South Korea's job market is expected to recover modestly from the coronavirus pandemic as it will take more time for the number of people employed to recover to a pre-crisis level than to decline, ac... -
Coupang chooses NYSE for IPO to take advantage of dual-class shareMarketsFeb 14, 2021US listing will help CEO Kim Bom-seok keep control over e-commerce firm, market watchers say -
Over half of S. Koreans in favor of tax hike on high earners: pollEconomyFeb 14, 2021More than half of South Koreans are in favor of raising taxes for high income earners to mitigate the polarization that has deepened during the pandemic, a poll showed Sunday. In the survey of 1,000... -
Woori Bank’s Indonesian unit wins higher capital gradeMoneyFeb 14, 2021Woori Bank’s Indonesian unit has received a higher grade in capital requirement imposed by the Southeast Asian country’s market watchdog, bringing it one step forward in expanding its business portfo... -
Household saving rate likely to rise in pandemic-hit economy: BOKEconomyFeb 14, 2021South Korea's household saving rate is likely to rise if a pandemic-hit economic crisis persists, in a potential move that could delay a recovery in consumption, a research note from the Bank of Kore... -
Trade mediation agency resolves disputes worth W121b last yearEconomyFeb 14, 2021South Korea's trade mediation agency said Sunday it resolved 120.7 billion won ($108.4 million) worth of unfair contracts through arbitration last year. The Korea Fair Trade Mediation Agency said it... -
Brokerage houses chalk up sharp earnings increase amid bull runMarketsFeb 14, 2021Earnings of brokerage houses in South Korea soared to a record-high last year amid a stock rush, chasing closely after those of first-tier banks, data showed Sunday. The combined operating profit of... -
S. Korea logs $24.8b trade surplus with US in 2020EconomyFeb 14, 2021South Korea logged a $24.82 billion trade surplus with the United States last year, up 18.5 percent from the previous year, according to data compiled by the US Department of Commerce on Sunday. The... -
Activist funds to watch in Korea proxy seasonMarketsFeb 13, 2021Another battle round between Hanjin, KCGI likely to draw market attention
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07[Newsmaker] Child abuse can now lead to death penalty in South Korea
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