commission fee income
Scope
Date
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Airlines
EU launches antitrust probe on Korean Air-Asiana deal
The European antitrust regulator opened a full-scale probe on the proposed takeover of Asiana Airlines Inc. by Korean Air Lines Co., given concerns ...
Feb 20, 2023 (Gmt+09:00)
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ECM/DCM
South Korea fines US brokerage $9.6 million for high-frequency trading
South Korea has fined Citadel Securities over 10 billion won ($8.1 million) for disrupting market order through high-frequency trading in the countr...
Jan 27, 2023 (Gmt+09:00)
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Electronics
Samsung to drop A7 model as focus shifts to premium smartphones
Samsung Electronics Co. is unlikely to release an A7 model this year as the South Korean tech giant is shifting its business focus to premium and lo...
Jan 24, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Bank to completely scrap mobile, online balance transfer fees
Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfer fees for its mobil...
Jan 02, 2023 (Gmt+09:00)
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Economy
Korea Fair Trade Commission opens unit to review global M&As
The Korea Fair Trade Commission (KFTC) on Tuesday said it will open a division specifically for reviewing global M&As given the recent growth of...
Dec 28, 2022 (Gmt+09:00)
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Retail
S.Korea's CJ Logistics launches AI-based freight transportation platform
South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...
Dec 22, 2022 (Gmt+09:00)
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Real estate
Buying a home in Seoul becomes tougher in 2021
Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...
Dec 21, 2022 (Gmt+09:00)
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Economy
Seoul more expensive than Tokyo for expats due to high real estate costs
TOKYO — The monthly rent of a commercial building in Seoul has surpassed that of Tokyo for the first time.The rent for an office building in t...
Nov 20, 2022 (Gmt+09:00)
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Economy
Korean firms struggle to dispatch workers overseas
Some South Korean conglomerates are struggling to recruit workers for dispatch to overseas branches as more workers are avoiding expatriate assignme...
Oct 13, 2022 (Gmt+09:00)
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Asset management
IGIS names fixed income expert Jang as head of equity, debt
IGIS Asset Management Co., South Korea’s largest real estate investment firm managing $46.5 billion in assets as of end-2021, said on Tuesday ...
Oct 05, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Tech giant Kakao turns to digital display advertising for added revenue
Kakao Corp. is looking to add display advertising to South Korea’s largest messaging app KakaoTalk, as well as the fintech apps developed by i...
Aug 19, 2022 (Gmt+09:00)
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Earnings
Coupang posts first positive EBITDA, raises full-year forecast
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, said on Wednesday its second-quarter performance has improved signif...
Aug 11, 2022 (Gmt+09:00)
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Real estate
Residential, urban logistics in Europe are attractive: Patrizia
Despite a number of global market uncertainties, there is value in real assets where rental income grows faster than inflation, Mahdi Mokrane, head ...
Jun 21, 2022 (Gmt+09:00)
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Energy
Korea’s new govt. aims to export 10 nuclear power plants
South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...
May 03, 2022 (Gmt+09:00)
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The KED View
Can Samsung Electronics ever catch up to foundry leader TSMC?
For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...
May 03, 2022 (Gmt+09:00)
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The KED View
Following Japan’s economic decline
When it comes to the economy, would it be faster for South Korea to surpass Japan or be surpassed by Taiwan?Recently, all eyes are on the three East...
Apr 29, 2022 (Gmt+09:00)
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Korean startups
Yoon admin to launch special startup-support track
The incoming Yoon Suk-yeol administration will lend extra support to the startup ecosystem – biotech and artificial intelligence firms in part...
Apr 27, 2022 (Gmt+09:00)
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Energy
S.Korea to scrap plans to sell Ambatovy mine stake
President-elect Yoon Suk-yeol will scrap the outgoing government’s plan to sell off its stakes in loss-making overseas mines, including the Am...
Apr 07, 2022 (Gmt+09:00)
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Hyundai E&C, Holtec sign nuclear power plant decommissioning deal
Hyundai Engineering & Construction Co. is tapping into the US nuclear power plant dismantlement market by expanding its partnership with Holtec ...
Mar 31, 2022 (Gmt+09:00)
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Korean games
Nexon incorporates own payment system for Dungeon & Fire release
South Korea’s online game developers are intensifying their efforts to build and incorporate their own payment systems to wipe out hefty commi...
Mar 30, 2022 (Gmt+09:00)
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War in Ukraine
Korea jittery over oil, gas, commodity weaponization
South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...
Mar 13, 2022 (Gmt+09:00)
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Business & Politics
President-elect Yoon pledges drastic deregulation, with one exception
Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...
Mar 10, 2022 (Gmt+09:00)
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Metaverse
Kakao’s incoming CEO to launch two metaverse platforms
‘Beyond Korea’ is South Korean tech juggernaut Kakao Corp.’s new vision for the future. Kakao’s new CEO nominee Namkoon...
Feb 25, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics names strategy chief as new CEO
South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...
Nov 26, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Google allows alternate in-app payment options in South Korea, though familiar fees remain
SEOUL—Alphabet Inc.’s Google plans to continue charging South Korean app developers a service fee for in-app purchases, even as users fo...
Nov 05, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Kakao says to shift toward co-existing business model
Kakao Corp. will be abandoning its growth model that has transformed once a mere mobile messenger operator into one of South Korea's largest busines...
Sep 15, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Antitrust body takes aim at Kakao's taxi-hailing app, Coupang
South Korea's antitrust body has launched an investigation into Kakao Mobility Corp. on allegations of discrimination against taxi drivers not subsc...
Sep 12, 2021 (Gmt+09:00)
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Non-ferrous metals
Korea Zinc emerges winner despite sharp decline in treatment fees
Just like many other manufacturers around the world, 2020 was a turbulent year for Korea Zinc Co., the world’s largest lead and zinc smelter.T...
Sep 05, 2021 (Gmt+09:00)
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Biosimilars
Samsung Bioepis gets nod for sale of ophthalmology biosimilar in Europe
South Korea’s biopharmaceutical company Samsung Bioepis Co. won approval from European authorities for sale of Byooviz, its ophthalmology bios...
Aug 23, 2021 (Gmt+09:00)
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Earnings
BTS producer tops the list of H1 highest-paid Koreans
Senior executives of HYBE Co., South Korea's leading K-pop agency, topped the three spots on the first-half list of highest-paid South Koreans, with...
Aug 18, 2021 (Gmt+09:00)
language
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet