Newsmaker
South Korea’s top financial regulator said Monday it would seek to revise the Capital Market Act to protect individual shareholders when listed companies undertake a merger and relist after a corporate spin-off. "We prepared a proposal for the revision of the Capital Market Act with the recognition that the protection of the interests of general shareholders should be strengthened to enhance the value of the capital market," Kim Byoung-hwan, chair of the Financial Services Co
EconomyMost Popular
National
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UN talks on plastic treaty end without agreement
Negotiations at the fifth meeting of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-5) in Busan ended with delegations failing to reach a deal and agreeing to resume talks next year. The INC-5, which started based on a resolution passed during the UN Environment Assembly meeting in March 2022, started Monday in Busan, with hopes of reaching an agreement to end plastic pollution. The meeting concluded late Sunday without a deal, despite making “significant progress&rd
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Yoon vows to ease burden on small merchants from delivery platform commissions
Dec. 2, 2024
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S. Korea to tighten security rules for drones, undersea cables
Dec. 2, 2024
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60,000 non-regular school workers to go on strike Friday
Dec. 2, 2024
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Singer Kim Jun-su's alleged blackmailer arrested for blackmail
Dec. 2, 2024
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Seoul voted 'Best MICE City' for 10th year in row
Dec. 2, 2024
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Driver stabbed by 'friend' after car crash
Dec. 2, 2024
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Business
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Will Northvolt's fall ease talent shortage for Korean battery makers?
Northvolt, backed by Volkswagen Group, was once hailed as Europe’s hope for an electric vehicle battery champion to challenge the creeping presence of Asian competitors. In a bid to spur growth, the Swedish battery maker hired dozens of battery researchers from Korean rivals, promising heftier salaries and a better quality of life -- until recently. After years of financial struggles, however, the company last month filed for bankruptcy protection in the US and its employees reportedly see
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POSCO labor union takes step closer to launching first-ever strike
Dec. 2, 2024
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LG CNS gets preliminary nod for market debut
Dec. 2, 2024
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Presidential AI committee to devise nat'l AI strategy early next year
Dec. 2, 2024
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Lotte Biologics hires pharma veteran as new CEO
Dec. 2, 2024
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Celltrion files for phase 3 trial of new cancer biosimilar in US
Dec. 2, 2024
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Samsung Biologics promotes global sales chief after record orders
Dec. 2, 2024
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Life&Culture
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‘Chairman Bang took on risk himself and agreed to put-back option,’ Hybe says
Hybe said on Monday that Chairman Bang Si-hyuk secured approximately 400 billion won ($285 million) during the company’s initial public offering in 2020 by executing what is called a put-back option at the request of one of its investors, adding that the arrangement does not violate the Capital Markets Act. “In 2018, STIC Investments came to us and strongly requested our IPO timeline, worrying about uncertainties. When we refused, they demanded a put-back option instead,” a Hyb
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[Herald Gallery] An Aqueduct and a Small Boat
Dec. 2, 2024
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Who helped bring star-studded K-drama series 'The Trunk' to life?
Dec. 2, 2024
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'Access Bangkok' brings Korean network to global art fair
Dec. 2, 2024
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Baek Hee-na's 'Happy Birthday' reminds readers of life's quiet blessings
Dec. 2, 2024
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Korea Heritage Service to prepare list of heritage for UNESCO nominations
Dec. 2, 2024
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Korail presents new train trip for Korean ‘jang’ experience
Dec. 2, 2024
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Global Insight
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ABC News
NSW out-of-home care not working in interest of vulnerable children and young people, new report finds
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France24
Lutte contre la pollution plastique : Négociations pour un traité mondial à Busan
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Business Insider
Inside the Xiaomi SU7, the $30K Chinese EV that Ford's CEO loves
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Euro News
Volkswagen workers worry about future as they stage warning strikes