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S. Korea temporarily bans stock short selling for 6 monthsMarketsMar 13, 2020South Korea on Friday announced a temporary ban on stock short selling for six months amid a market rout triggered by the outbreak of the new coronavirus. The Financial Services Commission said the ... -
Busan-based VC to control mask inventory app operator CarelabsMoneyMar 13, 2020Busan-based venture capital Maple Investment Partners has been selected as the preferred bidder to become the largest stakeholder of Carelabs, a South Korean company listed on the development stock b... -
Virus impact on airline ratings depends on duration, severity: S&PEconomyMar 13, 2020S&P Global Ratings said Friday the ultimate impact of the new coronavirus outbreak on its global airline ratings will depend on the duration and severity of the crisis. The spread of COVID-19 cases ... -
Earlier-than-expected rate cut grows plausible amid coronavirusEconomyMar 13, 2020Weighed by the escalating impact of COVID-19, South Korea’s central bank hinted Friday that it may lean toward an earlier-than-expected policy rate cut as early as within this month. “Members of the... -
Auto exports down for 7th month on virus-hit disruptionsEconomyMar 13, 2020South Korea's automobile exports sank 25 percent in February from a year earlier to extend their on-year drop to the seventh month in a row as the operation of local car factories was partially disru... -
KRX activates ‘circuit breaker’ on Kospi, Kosdaq marketsMarketsMar 13, 2020South Korea’s stock market dived more than 8 percent during Friday morning trading, triggering the stock exchange to temporarily halt trading on both the country’s main bourse Kospi and tech-heavy Ko... -
BOK vows market stabilization measuresEconomyMar 13, 2020The Bank of Korea said Friday that it will take active steps to help stabilize the local market, noting the volatility in the country's financial markets may seem excessive. "The Bank of Korea plans... -
Asian stocks nosedive, extending global rout on recession fearsMarketsMar 13, 2020TOKYO (AFP) -- Asian markets opened in freefall on Friday, extending a global rout that saw bourses experience their worst day in decades on fears of a recession caused by the coronavirus pandemic. ... -
Seoul stock market crashes 6% as virus panic deepensMarketsMar 13, 2020South Korea's stock market trading was halted Friday minutes after the opening bell due to sharp falls as panic sell-offs sparked by an overnight plunge on Wall Street amid growing concerns over the ... -
Institutions go long on stocks amid market havocEconomyMar 13, 2020South Korean institutional investors have been loading up on stocks this month despite a virus-induced market crash, data showed Friday. The country's state pension fund and other institutions remai... -
![[COVID-19 Market Impact] IPOs, business meetings delayed, commercial banks on high alert](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/03/12/20200312000803_0.jpg)
[COVID-19 Market Impact] IPOs, business meetings delayed, commercial banks on high alertMarketsMar 12, 2020Local brokerages and banks in Yeouido, the country’s main investment and financial district, have allowed employees to work from home as part of efforts to contain the new coronavirus. Over 73 percen... -
![[COVID-19 Market Impact] South Korea's economic rebound loses heat](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/03/12/20200312000800_0.jpg)
[COVID-19 Market Impact] South Korea's economic rebound loses heatEconomyMar 12, 2020After struggling with a record-low growth pace last year, South Korea’s economy was aspiring to make a rebound in 2020, hopefully on the back of global trade improvements and a chip industry recovery... -
![[COVID-19 Market Impact] Stocks in steep decline, fear spreads to real estate, M&As](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/03/12/20200312000795_0.jpg)
[COVID-19 Market Impact] Stocks in steep decline, fear spreads to real estate, M&AsMarketsMar 12, 2020The commercial real estate segment will also likely feel the pinch if the pandemic causes a global economic downturn, according to property management firm CBRE. “A negative impact on demand for off... -
Seoul stocks plummet to end at lowest since Aug. 2015MarketsMar 12, 2020The Kospi plummeted more than 5 percent during Thursday trading, which triggered the stock exchange to temporarily halt trading on Korea’s main bourse, as investor sentiments weighed on the coronavir... -
Hyundai Steel says no US antidumping duty on its steel productsEconomyMar 12, 2020Hyundai Steel Co., South Korea's No. 2 steelmaker, said Thursday that the United States has decided not to impose an antidumping duty on its corrosion-resistant steel products. The US Department of ...
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01Suwon warns of legal action against British COVID-19 patient
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03[Newsmaker] Jeju sues coronavirus-carrying travelers
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05S. Korea wary of cluster, imported infections amid sign of declining new cases
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07‘Hardest part is not knowing when this will end’
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09Amid surge in demand for Korean-made test kits, Seoul mulls who to help first
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