Asian companies have higher environmental, social and governance (ESG) risks than companies in Europe, the Federation of Korean Industries (FKI) said Sunday. The FKI released an analysis of the ESG Risk Ratings of 3,456 companies around the world ...
A major business lobby on Tuesday pushed nuclear energy for carbon neutrality and a stable supply of electricity, a direction that challenges the government’s move to phase out nuclear power.
Huh Chang-soo, center in front row, chairman of the Federation of Korean Industries, poses with Korean War veterans from various countries at a special photo exhibition on Korean War veterans at the FKI building in Yeouido, western Seoul, Thursday.
The Kospi was more volatile than all other major indexes, according to a report from the Federation of Korean Industries (FKI).
A major business lobby group called on the government Wednesday to forge agreements with Taiwan to avoid double taxation and promote a safe investment environment.
One of the most notable moment in the U.S. stock market this year was the Nasdaq listing of so-called unicorn Airbnb. Korea’s unicorn start-ups, on the other hand, are yet to see a single successful acquisition or initial public offering (IPO).
Businessmen and economic regulators from Korea and the United States suggested an amendment to U.S. Trade Expansion Act Section 232 — a regulation utilized by the administration of U.S. President Donald Trump.
The controversial regulation that for the last eight years has forced large discount stores to close on some Sundays has led to financial losses for the small merchants dependent on supermarket customers.
Overseas sales for large local companies in the second quarter declined almost 20 percent on year as the pandemic hit foreign economies and global demand.
Korea's top 100 companies posted a 10 percent on-quarter decline in their overseas earnings in the January-March period due to the new coronavirus impact on industries, an industry association said Tuesday.