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More than half of Koreans favor taxation on gains from cryptocurrency trading, a survey showed on May 3, lending support to the government’s move to levy tax on the digital assets. According to ...
South Korea’s amateur investors poured out record amounts of cash -- nearly 81 trillion won ($73.1 billion) -- to obtain new shares of SK ie technology, a wholly owned battery materials subsidiary u...
The country’s startups attracted a record amount of investments in the first quarter, data from the Ministry of SMEs and Startups showed April 27. During the first three months of the year, the co...
Local credit card issuer Shinhan Card will seek to create a new office culture by removing titles of executives and employees and having them all call each other by their names. Under the new offi...
Amid expectations of surging global demand in the battery separators market, SK ie technology has gained keen attention from investors both at home and abroad ahead of its market debut next month, s...
Shinhan Financial Group said April 26 it has dedicated its first chunk of a 240 billion-won fund ($215 million) into a wind turbine project, as part of an ongoing initiative to support the governmen...
Kakao Pay, the financial technology arm of mobile giant Kakao, is finally heading to the country’s main stock bourse, defying market expectations that it was considering the tech-heavy secondary mar...
Panelists of the event said that, select countries in the Asia-Pacific region, including Korea, Australia, Japan, Singapore and Hong Kong, have so far introduced the European commercial law and the b...
Seoul-based Shinhan Asset Management said on April 22 that it plans to implement an equity investing framework for its domestic large-cap equity funds that prioritizes environmental, social and gove...
The world‘s largest asset management firm BlackRock has sold a 1.18 percent stake in South Korea’s home appliance rental service firm Coway for 50 billion won ($44.7 million), a filing showed April ...
Dunamu, the operator of Korea’s largest crypto exchange, has seen profit surging with transactions exceeding that of global competitor Coinbase, market data showed April 22. For the first quarter ...
South Korea’s Hana Financial Group announced on April 22 it has set a goal to pour 60 trillion won ($53.7 billion) into its long-term environmental, social and governance finance plan. Under its E...
Six out of 10 new crypto investors in the first three months of the year were in their 20s and 30s, a report showed April 21, raising concerns that the surging market volatility could pose risks for...
Founders and leaders of 17 rising startups based in South Korea were introdced in the latest Forbes 30 Under 30 Asia, which highlights the sucess of 300 young in...
No coal power plant in South Korea will be profitable by the end of its expected lifetime -- 30 years on average -- a study showed April 21. An increase in renewable energy penetration in Korea an...
KB Asset raises W1tr for AMP Capital’s infra debt funds
Climate response fund to be set up in 2022 to bolster renewable energy transition
Middle-income households see sharpest drop in spending
MMAA hires ex-Lotte insurance CIO
Real estate fiasco sidelines Moon’s income-led growth drive
BOK seeks authority to monitor crypto transactions
Samsung heir becomes richest Korean
Real estate investors drift away from Seoul, toward logistics
May 18, 2021
