June 5 - 2
liquidity issues caused by the
crisis. SK Group confirmed on Thursday that it has received the offer from AirAsia. It is weighing the option purely for investment purposes but is ye..
SK Group in review after being approached by AirAsia for 10% equity invest
crisis. SK Group confirmed on Thursday that it has received the offer from AirAsia. It is weighing th..
Korean Air expects to see profit in Q2 on robust air cargo demand, cheap fuel
pandemic. Passenger travel remains mostly at standstill, but the full-service carrier has benefited f..
Kospi tops 2,100 for first time in 100 days on record extra budget
, the tech giant’s shares were trading at the 54,000 won level in early March. But the company shares..
Woori Financial Group to bump up Woori Bank equity capital by $821 bn
Woori Bank will have its equity capital stretch by 1 trillion won ($821.2 billion) through assigning new shares to its p..
S. Korea seeks $29 bn in 3rd extra budget, the bulk in new debt issues
era,” said Finance Minister Hong Nam-ki during a Cabinet meeting on Wednesday. “It will also allow ..
Korean brokerages raise price target for Samsung Elec on upbeat chip demand
to market tracker FnGuide. Global demand for semiconductors has remained strong despite the
Korea’s inflation falls 0.3% in May, turning negative again in 8 months
pandemic slowed the pace to 0.1 percent in April. Agricultural, livestock and fishery product prices ..
Seoul to enable big companies to create venture capital to spur venture boom
crisis, until 2025. It plans to invest 31.3 trillion won until 2022 – 13.4 trillion won on digi..
Seoul cuts 2020 growth outlook to 0.1%, based on record spending plan
outbreak will die down in the second half, according to the Ministry of Economy and Finance release o..
Investors of HSCEI-linked ELS at risk of losing money amid political turmoil
pandemic. The Hong Kong index plummeted to around 7,500 in February 2016 from over 14,000 in April 20..
Korean banks see surge in savings cancellation, demand deposits amid virus
Early withdrawal of installment savings shot up in South Korea due to the
-induced financial stress an..
Seoul to package 3rd extra budget in more than $20 bn to fight COVID-19
damages. Under agreed terms, the government will expand credit guarantee funds to supply 10 trillion ..
S. Korea exports in May plunge 23.7%, extending double-digit drop for 2nd month
South Korean exports in May tumbled 23.7 percent, extending their double-digit decline as the
S. Korea’s trade value likely to fall under $1 trillion 2020 amid double-digit fall in exports
due to the outbreak of the new
(COVID-19) earlier this year that rapidly developed into the worst-eve..
Loan delinquency rate from lodging and dining sector shoots up in Korea
Loan delinquency rate has been on surge in alarming rate from the hospitality and restaurant businesses in South Korea a..
S. Korea brings back stricter virus restrictions after surge in new cases
South Korea that has been praised for the successful containment of COVID-19 on Thursday announced to re-impose stricter..
S. Korea arranges a rare early summer blowout in June-July to spur consumption
such as plunge in sales and movement restrictions,” said finance minister Hong Nam-ki. The minister ..
COVID-19 cases spike in Korea in cluster business sites including warehouses
South Korea reported 79 additional cases of new
on Thursday, the biggest jump in nearly two months du..
UPDATE: BOK cuts rate to new low of 0.50%, warns first GDP contraction in 22 yrs
cases peak in the second quarter,” Lee noted, suggesting the slump could deepen if the virus fallout..
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Korea’s Winia Dimchae scores profit under new parent Dayou Group
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S. Korean data exchange platform KDX employs AI to offer smarter data ..
Wisebirds to stretch global reach via digital ad after Aug IPO
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Korean hospital doctors throw support for controversial telemedicine
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