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Naver to acquire 15% stake in Cafe24 in e-commerce pushAug 10, 2021South Korean internet giant Naver is poised to acquire a 15 percent stake in e-commerce solutions provider Cafe24 for 137.2 billion won ($119.4 million), filings showed Tuesday. Cafe24 plans to issu... -
Foreign investors' bond buying spree continuesAug 10, 2021Foreign investors have net purchased more bonds from January to July than in all of 2020, amid signs that Korean bonds are largely regarded as an attractive investment destination, data showed Tuesda... -
Banks‘ revenues from crypto transaction fees more than double in Q2Aug 10, 2021South Korea‘s banks saw a sharp increase in transaction fees from cryptocurrency exchanges in the second quarter, despite heavy fluctuation in the cryptocurrency market. The three banks in partners... -
Seoul stocks open lower on Wall Street lossesAug 10, 2021South Korean stocks opened lower Tuesday, tracking overnight losses on Wall Street over the resurgence of the new coronavirus and its delta variant. The benchmark Korea Composite Stock Price Index (... -
Seoul stocks down for 3rd day after choppy tradingAug 9, 2021South Korean stocks retreated for the third straight session Monday after choppy trading, as an estimate-beating improvement in US jobs data increased concerns about an early tapering. The Korean won... -
Kia to invest W10b in Bank SaladAug 9, 2021The country‘s second-largest carmaker Kia said Monday it will invest 10 billion won ($8.7 million) into local fintech company Bank Salad in a bid to set foot in the mobility data business. Through... -
Rivalry between banks and Big Tech casts cloud over state-backed loan exchange platformAug 9, 2021The government‘s plan to bring loan products under one platform by October to help consumers easily compare the options available is facing headwinds from traditional banks and their tech rivals in t... -
Game developer Krafton set to go public this weekAug 9, 2021Video game developer Krafton Inc. is slated to debut on the country's stock market this week, marking one of the largest initial public offering (IPO) events this year. The developer behind the glob... -
Seoul stocks open lower on US jobs dataAug 9, 2021South Korean stocks opened lower Monday as an estimate-beating improvement in US jobs data increased concerns about an early tapering. The benchmark Korea Composite Stock Price Index (Kospi) fell 15... -
Blockbuster IPOs push Kospi’s market cap to record highAug 8, 2021Number of stock-trading accounts tops 50m on investors’ strong appetite for investments -
S. Korea’s food prices increase to third highest among OECD statesAug 8, 2021South Korea’s food price inflation in the second quarter ranked the third highest among members of the Organization for Economic Cooperation and Development, data showed Sunday. The prices for groce... -
Buyers’ sentiment high despite tightening measuresAug 6, 2021Buyers’ sentiment for Seoul apartments hit its highest point in five months this week, despite the government’s tightening measures, data showed Friday. According to the Korea Real Estate Board, an ... -
Seoul stocks down for 2nd day on virus concernsAug 6, 2021South Korean stocks retreated Friday for a second straight session as investor sentiment weakened over concerns about the spreading new coronavirus. The Korean won rose against the US dollar. The be... -
Kakao Pay’s brokerage arm secures 5 million subscribersAug 6, 2021The number of subscribers to Kakao Pay Securities, the brokerage arm of mobile messenger giant Kakao, surpassed the 5 million mark as of July, 17 months since its inception, the company said Friday. ... -
KakaoBank becomes S. Korea’s top financial firm with market debutAug 6, 2021KakaoBank became the largest financial company in South Korea by market capitalization with its market debut Friday, although its share price failed to meet expectations of hitting the daily upper li...
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01[Us and Them] The whiter the better: Korea’s racist hierarchy
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03Despite record COVID-19 surge, Korea committed to return to ‘normal’
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NK fires missile, blames US ‘hostile policy’04
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05Korean chipmakers in quandary over US request
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07S. Korea to launch new 3,000-ton-class SLBM submarine
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