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Mon, December 4, 2023 | 12:32

Only 1 in 4 global firms ready for ESG data assurance: KPMG

Only 1 in 4 global firms ready for ESG data assurance: KPMG

Only 25 percent of global companies surveyed are ready for independent ESG data reporting, a recent KPMG report says.

2023-10-25 16:34

Foreign investors capitalize on Kakao stock dip amid investigation

Foreign investors capitalize on Kakao stock dip amid investigation

As Kakao's stock price plunges below 40,000 won ($29.64) due to mounting legal challenges surrounding its management, foreign investors are displaying bullish momentum, net purchasing the tech giant's stocks for five consecutive days.

2023-10-25 16:20

Kakao faces biggest crisis since its foundation

Top fashion platform Musinsa vows to go public with $2.3 bil. valuation

Top fashion platform Musinsa vows to go public with $2.3 bil. valuation

Musinsa, Korea's largest online fashion shopping platform, has specified its initial public offering (IPO) conditions, vowing to go public when its market capitalization exceeds 3.2 trillion won ($2.3 billion).

2023-10-25 15:51

Only 13% of local firms ready for immediate ESG disclosure: EY Korea

Only 13% of local firms ready for immediate ESG disclosure: EY Korea

Nearly 60 percent of accounting managers at Korean businesses support the need to adopt mandatory ESG disclosures in line with the global trend, according to a recent survey. But only 13 percent of the respondents said their companies have completed relevant preparations.

2023-10-20 16:31

Foreign investors remain net sellers of Korean stocks in September

Foreign investors remain net sellers of Korean stocks in September

Foreign investors sold a net 1.71 trillion won ($1.26 billion) worth of Korean stocks in September, extending their selling spree for a second consecutive month, data showed Thursday.

2023-10-19 10:01

Korea ranks highest among Asian countries as top remote work destination: NordLayer

Korea ranks highest among Asian countries as top remote work destination: NordLayer

Korea ranked 17th in this year's Global Remote Work Index (GRWI), an index evaluating countries for their remote work environment.

2023-10-18 14:30

More foreign financial firms than expected intend to participate in Korean FX market: authorities

More foreign financial firms than expected intend to participate in Korean FX market: authorities

More foreign financial firms than expected have expressed their intentions to directly participate in the Korean foreign exchange market, the country's currency authorities said Wednesday.

2023-10-18 10:09

Pet insurance plans to be diversified in Korea

Pet insurance plans to be diversified in Korea

Insurance companies offering only pet insurance plans will now be allowed to enter the local market. Pets may soon be officially registered through their nose wrinkles or iris data. A convenient one-stop system, allowing pet owners to complete every step of the procedure - from signing up for veterinary hospitals to claiming hospital expenses with insurers - on a single platf...

2023-10-16 16:56

Small investors demand tougher action against BNP Paribas, HSBC for illegal short selling

Small investors demand tougher action against BNP Paribas, HSBC for illegal short selling

Small individual investors, angered by the recent illegal short selling practices of BNP Paribas and HSBC, have called for more stringent measures to prevent a recurrence, even in the face of potentially record-high fines.

2023-10-16 16:08

Two Hong Kong investment banks hit for illegal short selling

Two Hong Kong investment banks hit for illegal short selling

The Financial Supervisory Service (FSS) has found that two Hong Kong-based investment banks (IBs) engaged in illegal short-selling practices estimated to be worth 56 billion won ($41.32 million).

2023-10-15 16:55

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Top 10 Stories

1	INTERVIEWEcolab helps Korean partners profit from ESG management

2	Son-dol: a cold day for a ferryman and a merchant

3	Korean economy to start shrinking by 2050 if low birthrate unaddressed: BOK report

4	INTERVIEW'Lifeline for migrant workers in Korea' - Rev. Kim fights for foreign employees' rights

5	ANALYSISHas N. Korean leader's daughter been confirmed as heir apparent?

6	Space race heats up between two Koreas after Seoul launches spy satellite

7	INTERVIEWKorea to work with US, Japan to fight climate change

8	Uncertainty lingers over Ven. Jaseung's death

9	Korean battery firms face higher costs for access to US subsidies

10	Tensions rise as opposition demands special probe into first lady

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