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: Anna J. Park
Sun, December 5, 2021 | 11:59
Thailand, Indonesia viewed as next destinations for KakaoBank
KakaoBank is taking gradual steps to diversify its revenue channels by focusing on overseas markets, especially in Southeast Asia.
| 2021-09-30 16:27
Bithumb Korea rakes in profits from 'Squid Game'-related stocks
Bithumb Korea, one of the major cryptocurrency exchanges headquartered in Korea, has made a more than 100-percent profit from its investment into local media firm Bucket STUDIO, which is related to Netflix's latest global hit drama, “Squid Game.”
| 2021-09-29 16:40
'Living with COVID-19' to further boost travel and leisure stocks
Despite their recent selling spree, major local institutional investors, including asset managers and pension funds, continue to net-purchase domestic stocks related to travel and leisure activities, as they expect the so-called “living with COVID-19” themed stocks to lead possible upward movement in the near future.
| 2021-09-28 08:37
Local financial institutions curtail overseas real estate holdings
Before the COVID-19 pandemic impacted the global economy, overseas real estate or infrastructure investments were considered by local institutional investors as safe alternatives ensuring high returns amid ultra-low interest rates.
| 2021-09-27 17:22
Crypto market reorganized with 'Big 4' exchanges
The nation's cryptocurrency market is undergoing a major reorganization with only the top four coin exchanges - Upbit, Bithumb, Coinone and Korbit - having secured partnerships with local commercial banks for the use of real-name accounts by investors. Of the 29 coin exchanges that have completed their registration, required by a revision to the Act on Reporting and Using Spe...
| 2021-09-26 16:43
Upbit crypto exchange operator Dunamu joins ranks of Korea's 'decacorns'
Dunamu, the operator of cryptocurrency exchange Upbit has joined the elite ranks of Korea's “decacorns,” or a startup company valued at over 10 trillion won ($10 billion), which include e-commerce giant Coupang and leisure reservation app Yanolja.
| 2021-09-26 14:59
'KOSPI, Kosdaq to be trapped in boxed ranges until Q3': analysts
After a three-day break for to the Chuseok holiday period, the benchmark KOSPI closed on a slight decline Thursday at 3,127.58 points, a 0.41 percent fall from last Friday.
| 2021-09-23 17:01
Chang Ha-joon joins AIIB's International Advisory Panel
University of Cambridge professor Chang Ha-joon, 58, was one of six new members appointed to the International Advisory Panel (IAP) of the Asia Infrastructure Investment Bank (AIIB).
| 2021-09-23 16:32
Ridi attracts pre-IPO investment worth of W200 billion
Ridi, the operator of the country's largest e-book business Ridibooks, is set to attract a 200 billion won ($170 million) pre-IPO investment later this year, boosting its estimated value to around 1 trillion won during its pre-listing phase.
| 2021-09-18 09:58
Hyundai Heavy Industries takes top market cap position among shipbuilders
The debut of Hyundai Heavy Industries on the KOSPI was quite a roller coaster ride. The initial price of the newly offered shares hit 111,000 won ($94.32) at the beginning of the trading session, 85 percent higher than the stock allotment offering price of 60,000 won. After trading started at 111,000 won at 9 a.m., the price nosedived to 91,000 won, an 18 percent fall, after ...
| 2021-09-17 16:44
Gov't slammed for belatedly strengthening social distancing measures
'Vincenzo' and adoption myth entrenched in Korean society
Omicron fears prompt Samsung, LG, Hyundai to consider Plan B for CES
Purple Island, Ungok Village designated 'Best Tourism Villages'
Resignation of ruling candidate's new aide sparks debate over politicians' private lives
Anti-corruption watchdog extends cooperation with UNDP to spread Korea's policies to developing countries
Strengthened social distancing rules to impact leisure, aviation industries
[INTERVIEW] Kim Whanki drawing found not on canvas, but on earthen plate
Activists find hope in technology to stop animal cruelty in fashion, scientific research
Korea-Africa Foundation seeks to facilitate economic, academic cooperation
La Palma volcano erupts
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