The financial regulator imposed record fines Wednesday on two global investment banks (IBs) in South Korea for illegal stock short selling.
The Financial Services Commission (FSC) said it has imposed a combined 27.17 billion won (US$19.6 million) in…
The Department of Disease Control revealed that the trend of COVID-19 deaths was mostly in the 608 group, especially the elderly. It is recommended to strictly maintain personal measures.
The Department of Disease Control, Ministry of Public Health,…
Wednesday’s closing prices (KRW) of
KOSPI 200 stocks traded on the main Korea Stock Exchange.
LX INT 31,750 UP 450
SBHC 20,250 DN 50
TaihanElecWire 15,580 UP 80
Hyundai M and F INS 34,150 DN 150
YoulchonChem 38,550 UP 1,250
LG Energy Solution …
A taxi crashed into a hospital in central Seoul on Wednesday, injuring two people, police said.
The vehicle plowed into the emergency ward of the National Medical Center in the central district of Jung at 5:15 p.m., leaving two people injured, one s…
The main opposition Democratic Party (DP) on Wednesday tabled a contentious bill mandating a special counsel investigation into the military’s response to a Marine’s death last year, prompting the ruling party to launch a filibuster in protest.
Duri…
The Metropolitan Police Commissioner announced the case of a group of perpetrators who shot and killed ‘Tai Kolai’ after driving a motorcycle out of a restaurant. Initial estimates indicate that there were more than 20 perpetrators. He confirmed that…
Alibaba.com, China’s largest online marketplace, said Wednesday it will open an exclusive website for South Korean companies in the second half, reflecting a growing demand from B2B buyers for Korean-made products.
Korean products have been availabl…
Grappling with weak growth momentum, the South Korean government vowed Wednesday to prop up corporate value-up efforts through tax cuts and other incentives, and expand global networks by clinching more free trade deals.
They are part of comprehensi…
Lotte Biologics Co. said Wednesday it has begun construction of its first production facility in South Korea, aiming to become one of the top 10 companies in the global contract development and manufacturing organization (CDMO) market.
The plant, wi…
Police investigating the deadly car crash that killed nine people in downtown Seoul earlier this week said Wednesday they will speed up the probe as soon as the injured perpetrator’s physical condition improves.
The Seoul Namdaemun Police Station sa…