Nonperforming assets weigh down any bank but are particularly burdensome for those in emerging market economies. South Korea, in response to the Asian Financial Crisis of 1997, took steps that provide …
Employment nears pre-pandemic levels in South Korea as economy recovers
The country has now recouped more than 80% of the positions lost during the COVID-19 crisis, its finance ministry said in a statement.
LG Energy moves ahead on South Korea IPO that IFR says may raise $10-$12 billion
Auto battery maker and Tesla Inc supplier LG Energy Solution applied for preliminary approval of an initial public offering (IPO) that financial publication IFR said could raise $10 billion-$12 …
South Korea legend Yoo Sang-chul dies aged 49 following long battle with cancer
Yoo played 124 times for South Korea from 1994 to 2005, with his most famous goal coming in the country’s first ever win in a World Cup match – a 2-0 win over Poland.
Thailand tracking drug-smuggling rings after Oz, South Korea busts
The Thai justice ministry has joined hands with foreign agencies in a bid to crack international criminal rings smuggling drugs from Thailand to foreign markets, minister Somsak Thepsuthin said on …
Thailand tracking drug-smuggling rings after Oz, South Korea busts
The Thai justice ministry has joined hands with foreign agencies in a bid to crack international criminal rings smuggling drugs from Thailand to foreign markets, minister Somsak Thepsuthin said on …
China offers favorable conditions for South Korea electric car investments
China’s automobile industry is wooing South Korean partners to invest in new electric vehicles and other car innovations. Shi Jianghua, deputy secretary-general of the China Association of Automobile …
South Korea court dismisses forced labour case against Japanese firms
A South Korean court on Monday dismissed a lawsuit filed by 85 victims of wartime forced labour seeking compensation from 16 Japanese firms, saying accepting the case might violate a 1965 treaty under …
S.Korean Retail Firms Lotte and Shinsegae Bid for EBay Korea
South Korean retailers Lotte Shopping and Shinsegae Group entered separate binding bids for eBay’s South Korean business, the retailers’ spokesmen said on Monday. eBay Korea – South Korea’s …
South Korea court dismisses forced labour case against Japanese firms
A South Korean court on Monday dismissed a lawsuit filed by 85 victims of wartime forced labour seeking compensation from 16 Japanese firms, saying accepting the case might violate a 1965 treaty under …