A part of the conditional approval by the European Union, the sale is likely to pit low-cost Korean carriers against each other.
Korea’s financial regulators slapped BNP Paribas, HSBC and brokerage firms with a combined 26.52 billion won ($20.4 million) in fines for illegal short selling in Korea, the heaviest penalty for the practice.
The report card of exporting kimchi to 93 countries around the world is certainly important. But the true taste of kimchi should also be promoted.
The Ministry of Education found that 297 teachers sold questions for tests to private academies for money.
EV battery stocks have lost traction in recent weeks as the expected recovery of Chinese tourists put hotels, duty-free shops and cosmetics into the spotlight following China’s lifting of its group tour ban to Korea last week.
HMM's main creditor and other state-owned companies are selling their shares in the shipping company as freight rates fall and interest rates rise.
Korean companies are unloading assets, from properties to shares, to raise much needed cash as rates rise and profits fall.
A monitor at Hana Bank in Myeong-dong, central Seoul, shows the Kospi closing in on 2,300 on Monday and hitting a two-year low.
Retail investors unloaded more than 1 trillion won ($795 million) worth of Kospi stocks in May as the market continued to stay sluggish and central banks around the world push monetary tightening.
Korea JoongAng Daily Sitemap