KOSPI Ends Tuesday Down 0.15%
Written: 2020-11-17 15:38:57 / Updated: 2020-11-17 16:05:50
The benchmark Korea Composite Stock Price Index(KOSPI) fell three-point-88 points, or zero-point-15 percent, on Tuesday, ending the week at ...
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KCGI Opposes Hanjin KAL's Capital Increase Plan to Buy Asiana
Written: 2020-11-16 18:55:03 / Updated: 2020-11-16 20:53:33
An activist equity fund challenging Hanjin Group Chairman Cho Won-tae's management control has expressed its opposition to the group’s third-party ...
S. Korea's Alcohol Imports Decline for First Time in Decade amid Japanese Beer Boycott
Written: 2020-11-16 16:06:50 / Updated: 2020-11-16 16:44:16
South Korea's alcohol imports declined for the first time in a decade last year, amid a boycott of Japanese beer due to a bilateral trade row. According ...
KOSPI Breaks 2,540 Monday, Ends at Highest in 2 Years 9 Mos
Written: 2020-11-16 15:42:43 / Updated: 2020-11-16 16:39:57
The benchmark Korea Composite Stock Price Index(KOSPI) closed at its highest in two years and nine months on Monday on optimism over a COVID-19 vaccine. ...
Changes to Air Routes, Workforce to be Minimal after Korean Air's Acquisition of Asiana
Written: 2020-11-16 15:25:45 / Updated: 2020-11-16 15:43:13
Korean Air said Monday it will take over Asiana Airlines by early next year, and first operate it as a subsidiary before completely merging the airline ...
Korean Air to Buy Rival Asiana Airlines in 1.8 Trillion Won Deal
Written: 2020-11-16 15:06:34 / Updated: 2020-11-16 19:10:16
Gov't Stresses Korean Air's Planned Takeover of Asiana Airlines 'Inevitable'
Written: 2020-11-16 12:59:08 / Updated: 2020-11-16 15:13:33
The South Korean government stressed that Korean Air's planned takeover of Asiana Airlines was inevitable to help the country's airline ...
Legal Maximum Interest Rate to be Lowered to 20% in 2021
Written: 2020-11-16 11:53:14 / Updated: 2020-11-16 16:37:35
Starting in the second half of 2021, the legal maximum interest rate imposed by lenders in South Korea will be lowered from an annual 24 percent to ...
KDB to Inject 800 Bln Won for KAL's Acquisition of Asiana
Written: 2020-11-16 11:16:28 / Updated: 2020-11-16 12:10:33
The Korea Development Bank(KDB) will inject 800 billion won for the acquisition of Asiana Airlines by Korean Air(KAL). The government reached ...
IMF Predicts S. Korea to Climb Back to 10th in GDP Rankings
Written: 2020-11-15 12:21:58 / Updated: 2020-11-15 14:24:23
The International Monetary Fund (IMF) has projected that South Korea's gross domestic product (GDP) will climb up two notches to rank tenth in the ...
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