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 financial regulator called on local banks Wednesday to curb a rise in their household loans, citing recent increases in home-backed loans.
Lee Joon-soo, a senior deputy governor of the Financial Supervisory Service (FSS), made the call in a meet…
A Pentagon spokesperson on Tuesday criticized North Korea’s recent ballistic missile launches as “irresponsible,” and reiterated the United States’ calls for the recalcitrant regime to return to diplomacy.
Pentagon Press Secretary Maj. Gen. Pat Ryde…
South Korean stocks finished higher Wednesday as investor sentiment was boosted by Federal Reserve chief Jerome Powell’s comments for a possible interest rate cut. The local currency traded weaker against the U.S. dollar.
The benchmark Korea Composi…
LG Electronics Inc. said Wednesday it has signed a deal to acquire the Netherlands-based home automation company Athom B.V. in a bid to create an open smart home ecosystem and enhance connectivity to home appliances and IoT devices.
According to the…
Trade Minister Cheong In-kyo said Wednesday that South Korea hopes to expand economic ties with Indonesia in areas ranging from electric vehicles (EVs) to clean energy.
Cheong made the remark during his visit to Jakarta, where he attended a ceremony…
South Korean gaming giant Krafton Inc. will showcase its new titles at one of the largest global gaming events in Germany next month, the company said Wednesday.
Krafton will unveil its extraction role-playing game, Dark and Darker Mobile, and life …
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 …