Korea Joongang Daily
Korea JoongAng Daily

Time for fair — not punitive — taxation

It must not be punitive toward the rich but anchor it on fair guidelines and principles to persuade taxpayers and raise the appeal of the Korean stock market.

2024-11-05

At HiConf Seoul, a glimpse of the future of food

At the Healthy Innovation Conference in Seoul, industry leaders discussed biotechnology's role in sustainable food solutions.

2024-10-27

Billions in Korean investment are at stake in the U.S. election

Over 70% of surveyed Korean companies may delay or cancel U.S. investments if promised incentives are withdrawn after the upcoming elections.

2024-10-22

Korea becomes No. 1 investor in United States for the first time

Korea emerged as the top investor in the United States, mostly due to the Biden administration’s clean energy projects and the intensifying U.S.-China trade dispute.

2024-09-19

Where are we going?

After the governing People Power Party (PPP) proposed to scrap the financial investment income tax, the majority Democratic Party (DP) vehemently opposed the idea.

2024-08-07

Number of startups decline on year in Q1

Prolonged interest rates in this year's first quarter and sluggish investment has led to a decrease in startups launched this year.

2024-06-11

Kurly sees first-ever operating profit as straight shot to listing

The operator of Market Kurly posted its first-ever operating profit in the first quarter of the year, leading to hopes of a public listing.

2024-05-21

Korea's direct investment in U.S. hits 35-year high thanks to incentives

Overseas direct investment by Korean companies totaled $63.4 billion in 2023, with 43.7 percent directed toward the United States.

2024-05-20

Illegal short selling 'considerable issue' for global investment banks, FSS Gov. says

Recent instances of illegal short selling unearthed by financial authorities indicate “a considerable issue” in the management of global investment banks, Financial Supervisory Service (FSS) Gov. Lee Bok-hyun said Thursday.

2024-05-09

The bigger short: FSS uncovers $74.6 million more in illegal selling

The interim results of an investigation by the financial watchdog found that BNP Paribas, HSBC and seven others engaged in illegal short selling with a total value of 211.2 billion won.

2024-05-06