tax credit

The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...

The US private credit markets-focused Monroe Capital LLC has made its foray into Asia by opening an office in South Korea, where the National Pensio...

Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...

Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading market by year's end a...

The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its boar...

South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the rising investor dema...

Credit Suisse (CS) is taking one-fifth of the underwriting fees from South Korea's four big initial public offerings this month, including KakaoBank...

South Korea's eight leading brokerage companies, including Mirae Asset Securities Co. and Hana Financial Investment Co., are estimated to have booke...

Korea’s low-cost carriers (LCCs) are projected to post another period of financial loss in the second quarter of 2021.According to analyst est...

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

ADT Caps Co., South Korea's No. 2 security services provider, has appointed Morgan Stanley, Credit Suisse and NH Investment & Securities Co. to ...

LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...

South Korea-based fintech firm Korea Credit Data (KCD) has raised around 40 billion won ($36 million) from Singapore-based private equity firm Pavil...

South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion w...

Fan-tailored innovation is the crux of the success behind K-pop sensation BTS' label, according to Lenzo (Seok-jun) Yoon, chief executive of Big Hit...

The late Samsung Chairman Lee Kun-hee’s lavish art collection is driving South Korea’s art circle to pressure lawmakers to amend the cou...

South Korea’s online retailer Coupang Corp. is looking to secure a credit line of up to $1 billion from the underwriters of its US initial pub...

Samsung Electronics Co. is seeking tax breaks of $805.5 million from the US state of Texas in return for a new $17 billion chip plant, which the Sou...

Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...

Credit Suisse has maintained its top position on South Korea’s M&A advisory league table in 2020, working on most of the high-profile deal...

The Samsung Group heirs, including Samsung Electronics Co.'s de facto leader Jay Y. Lee, may be looking at a record-high $9.9 billion inheritance ...

The Korean Teachers’ Credit Union (KTCU) is on course to post its strongest investment return in a decade of around 9%, driven by double-digit...

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

South Korea’s Police Mutual Aid Association (PMAA) and financial services firms, including Samsung Securities Co., have committed $260 million...

South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...

South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...

Nuveen, the investment management arm of TIAA, is one of the world’s largest investment managers with over US$1 trillion in AUM as of 30 Ju...