Seoul throws in extra incentives for primary dealers amid oversupply in govt bonds coronavirus relief package for businesses plus cash allowances for lower-class families. On Monday, the yield of ..

Hyundai, Kia focus on new cars, home turf to weather COVID-19 storm coronavirus across the world. Hyundai Motor’s factory shutdown in the U.S. extends until Apr. 13, and Kia Motors..

COVID test kit maker Seegene ranks hottest stock in Korea with daily turnover at over $2 bn coronavirus infection to March 27. Its market cap has increased 3.7 times over the period, ascending to No.3 rank..

COVID pandemic defers Basel III rule on banks to 2023: BOK coronavirus disease (COVID-19) on the global banking system.” The Korean government, however, will bring forward..

Korea to hand out cash relief to 70% of population, defer social tax duties South Korea has joined other governments in handing out cash allowances to more than 14 million low- and middle-income h..

Korea to hand out cash relief to 70% of population, defer social tax duties South Korea has joined other governments in handing out cash allowances to more than 14 million low- and middle-income h..

Foreign selloff in Korean stock mkt at record high in March, remains relentless coronavirus stayed as foreign favorite with net purchase totaling 172 billion won in March 24-27. SK Hynix came n..

Korea to impose sweeping 2-wk quarantine on all int’l arrivals from Wed Anyone stepping into South Korea from April 1 will be required to stay isolated for two weeks regardless of their depart..

Korean household names Samsung, Hyundai, LG close more overseas factories over virus The coronavirus pandemic continues to disrupt the global manufacturing bases of South Korean household corporate ..

COVID-19 brings hiatus in M&A calendar in Korea coronavirus pandemic that have banned its officials from visiting the U.S. for due diligence as a main reason to ..

Withdrawal from retirement pensions surges in March in Korea amid virus strain Retirement pension savings have lost almost 1 trillion won ($827 million) this month in South Korea as more seek to canc..

Korean duty-free sales halved in Feb due to coronavirus outbreak South Korea’s duty-free sales were nearly halved in February as air travel came to a stop amid the surge of coronavi..

Doosan Heavy out of immediate liquidity crunch through state loan of $1 bn coronavirus relief package. The two policy banks will shoulder half each of the 1 trillion won. The loan is separ..

Korea’s March consumer sentiment at 11-year low amid virus crisis South Korea’s consumer sentiment in March dropped to levels last seen during the 2008 financial crisis amid fears of th..

CJ CGV to shutter 30% of cinemas nationwide due to poor ticket sales South Korea’s largest multiplex cinema chain CJ CGV announced Thursday it will shutter 35 theaters nationwide from this..

ImmuneMed to test its potential COVID-19 cure outside Korea: CEO ImmuneMed, a South Korean biotech firm, will soon launch clinical trials of its investigational coronavirus treat..

Korean govt to map out relief measures for large firms fighting virus fallout The South Korean government will convene a meeting on Friday to discuss aid measures to help conglomerates reeling from ..

Korea, China to host online Asian version of Live Aid concert for COVID-19 Some of the biggest K-pop and Chinese pop names are coming together for a 2020 Live Aid concert to raise donations for <..

Earnings outlook revised down for 8 out 10 major Korean companies for Q1 coronavirus infection. The first-quarter earnings estimate for Samsung Electronics Co., the world’s largest memo..

Management of KEPCO and its units to return part of salary for fund-raising Executives of South Korea’s loss-making Korea Electric Power Corp. (KEPCO) and 10 public utility subsidiaries will retu..