eased regulations
Scope
Date
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Sovereign wealth funds
Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...
Apr 09, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Aekyung Industrial up for sale as group struggles to ease liquidity crunch
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...
Apr 01, 2025 (Gmt+09:00)
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Cryptocurrencies
Dunamu slapped with 3-month business suspension order
Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...
Feb 26, 2025 (Gmt+09:00)
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Shareholder value
S.Korea’s top financial regulator pushes tax support for value-up program
South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...
Feb 21, 2025 (Gmt+09:00)
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Business & Politics
Woori Financial CEO Yim Jong-yong should stay for governance: FSS chief
Woori Financial Group Chief Executive and Chairman Yim Jong-yong should keep his post through to the end of his term and lead the banking group&rsqu...
Feb 19, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Regulator denies reporting MBK to prosecutors over Korea Zinc
A senior Financial Supervisory Service (FSS) official on Thursday denied a report that the regulatory body has referred MBK Partners and Young Poong...
Jan 09, 2025 (Gmt+09:00)
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Regulations
Korea seeks to ease fintech ownership, crypto regulations
South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...
Jan 09, 2025 (Gmt+09:00)
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Petrochemicals
Korea to ease rules for petrochem industry M&As, plant closures
South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global suppl...
Dec 24, 2024 (Gmt+09:00)
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Foreign exchange
South Korea to ease foreign exchange regulations, expand FX swap line
South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...
Dec 20, 2024 (Gmt+09:00)
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Business & Politics
Korea’s president impeached over martial law; political turmoil to ease
South Korea’s parliament voted to impeach President Yoon Suk Yeol on Saturday over his stunning martial law decree, suspending him from office...
Dec 14, 2024 (Gmt+09:00)
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Business & Politics
S.Korea to ease rules for employment permit system
The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...
Dec 03, 2024 (Gmt+09:00)
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Asset management
Mirae Asset aspires to No. 5 in Indian securities market with Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian securities market th...
Nov 27, 2024 (Gmt+09:00)
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Venture capital
S.Korean gov't eases restrictions on Korean investment in overseas startups
The companies founded by South Korean nationals abroad will be recognized as domestic companies if they contribute to the Korean economy, making it ...
Nov 25, 2024 (Gmt+09:00)
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Economy
State-run think tank KDI slashes GDP forecast, urges BOK to cut rates
The Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country’s economic growth f...
Nov 12, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Regulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...
Nov 06, 2024 (Gmt+09:00)
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Economy
Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul
South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metrop...
Nov 03, 2024 (Gmt+09:00)
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Automobiles
Hyundai to launch Euro 7-compliant car in Europe next year
Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...
Oct 31, 2024 (Gmt+09:00)
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Earnings
LG Energy Q3 profit more than doubles on higher sales; shares jump
LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...
Oct 28, 2024 (Gmt+09:00)
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Corporate bonds
Korean brokerages flock to debt market with securities bonds on bull run
South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...
Oct 22, 2024 (Gmt+09:00)
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Regulations
Big Tech get slap on wrist for tax avoidance in Korea
Global Big Tech companies such as Google, Meta and Netflix have paid a pittance in South Korea taxes and were fined as little as one-ten-thousandth ...
Oct 15, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK not to raise Korea Zinc tender offer price after regulator warning
MBK Partners will not raise its tender offer prices again for Korea Zinc Inc. and its affiliate Young Poong Precision Corp. after hiking them twice ...
Oct 10, 2024 (Gmt+09:00)
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Economy
Korea’s credit loans balloon as regulators cap mortgages
Credit loans are ballooning in South Korea as regulators tightened their grips on record-high mortgages to rein in the growth in household lend...
Sep 05, 2024 (Gmt+09:00)
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Central bank
Bank of Korea holds rate steady, signals pivot to easing soon
South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...
Aug 28, 2024 (Gmt+09:00)
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E-commerce
Alipay’s rise puts Korea on alert to private data breaches
South Korean fintech companies' customer data transfers to Alipay, a Chinese payment platform, are setting off private data breach alarm bells amid ...
Aug 14, 2024 (Gmt+09:00)
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Earnings
EcoPro BM may cut battery materials capacity on EV slowdown
South Korea’s leading battery materials maker EcoPro BM Co. is considering reducing cathode output capacity despite continuous investments in ...
Jul 31, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilding shares surge on supercycle hope, Trump Trade
South Korea’s Big Three shipbuilders, also the world’s three largest, stand to benefit from the emerging industry supercycle and the so-...
Jul 28, 2024 (Gmt+09:00)
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Corporate restructuring
Doosan Robotics, Bobcat merger prompts call for law revision
Doosan Group’s announcement of a merger between Doosan Robotics Inc. and Doosan Bobcat Inc. has met with strong criticism from investors and p...
Jul 22, 2024 (Gmt+09:00)
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Steel
POSCO restarts furnace after upgrade with smart system
POSCO, the world’s seventh-largest steelmaker, on Thursday restarted a blast furnace in South Korea following a revamp applying a smart system...
Jun 27, 2024 (Gmt+09:00)
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Petrochemicals
HD Hyundai Oilbank to export SAF to Japan
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, said on Sunday that it will export sustainable aviation fuel (SAF) to Ja...
Jun 17, 2024 (Gmt+09:00)
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Waste management
Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit
Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...
Jun 10, 2024 (Gmt+09:00)
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