Finance Minister Choi Sang-mok has said the government needs to scrap a financial investment income tax and review various tax schemes regarding stock trading in an effort to ease market uncertainty and help boost the stock market.
Under the investm…
A Pentagon spokesperson on Monday reiterated the United States’ commitment to close cooperation with its allies to ensure regional security, after North Korea unveiled a new mobile missile launcher this week.
On Sunday, the North’s official Korean C…
Alibaba Group’s AliExpress said Tuesday it will step up marketing campaigns in South Korea with an aim of securing more than half of online shopping platform users in South Korea within three to five years.
In a press conference held in Hangzhou, Al…
– LG Twins slugger Austin Dean has been named the top player in South Korean baseball for August.
The Korea Baseball Organization (KBO) said Tuesday that Dean beat out seven candidates for the Player of the Month award, making him the first foreign …
– The South Korean stock markets will be closed Oct. 1 as part of a temporary holiday, the bourse operator said Tuesday.
The financial markets, including the main Korea Composite Stock Price Index (KOSPI) and the secondary tech-heavy KOSDAQ, as well…
HMM Co., South Korea’s top container shipper, said Tuesday it will invest 23.5 trillion won (US$17.5 billion) by 2030 as it seeks to bolster its competitiveness as a global shipper.
HMM plans to funnel 12.7 trillion won into its container business a…
