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Finance

Fri, May 14, 2021 | 03:16

Kurly tasked with proving growth potential before US IPO

Kurly, the operator of fresh food delivery platform Market Kurly, is racing to boost profitability and expand its market presence before being listed on the New York Stock Exchange within this year.

Park Jae-hyuk | 2021-05-04 16:00

Warren Buffett says Greg Abel would become Berkshire CEO after he's gone

Warren Buffett ended years of speculation about who would succeed him at Berkshire Hathawayby saying Vice Chairman Greg Abel would take over as chief executive officer if he were to step down.

2021-05-04 15:13

Bio-led Kosdaq vulnerable to additional shocks

A price bubble of biotechnology stocks listed on the junior Kosdaq is showing signs of bursting, shortly after the partial lifting of a ban on the short-selling of shares.

Lee Min-hyung | 2021-05-04 15:11

Rising consumer prices fan inflation concerns

Consumer prices rose 2.3 percent in April, mostly due to a spike in agricultural produce prices triggered by the H5N8 bird flu epidemic, as well as a jump in industrial product prices sparked by rising oil prices, data showed Tuesday.

Lee Kyung-min | 2021-05-04 14:15

Consumer price growth at near 4-year high in April

South Korea's consumer prices grew at the fastest pace in almost four years in April on higher prices of farm and oil goods, data showed Tuesday, indicating that Asia's fourth-largest economy may face increasingly inflationary pressure.

2021-05-04 08:41

Yogiyo sale deal loses luster

Ahead of the imminent selection of a preferred bidder for Yogiyo, attention is now on who will take over Korea's second-largest food delivery application. However, it is said that none of the participating bidders seem to show strong interest in purchasing the company, the sale of which will be managed by Morgan Stanley.

Anna J. Park | 2021-05-03 16:56

Logen Logistics considering IPO again

Logen Logistics is considering going public again thanks to the steady rise of both its corporate valuation and net profits, amid the boom in the logistics and delivery business during the global pandemic.

Anna J. Park | 2021-05-03 16:56

Stock indices fall on short-selling resumption

Stock prices on the KOSPI 200 and Kosdaq 150 are displayed on an electronic board set up at Yonhap Infomax, a financial arm of Yonhap News Agency, in Seoul, Monday, when the Financial Services Commission lifted a ban on short-selling of shares. The KOSPI 200 closed at 420.36 points, down 0.47 percent from the previous trading day, and the Kosdaq 150 closed at 1,361.61, down 3...

Lee Min-hyung | 2021-05-03 16:37

Bio, battery stocks plunge on short-selling resumption

The partial resumption of the short-selling of shares on the local stock market Monday did not cause much confusion, even though some in the overvalued sectors, such as biotechnology and electric vehicle batteries, plunged.

Lee Min-hyung | 2021-05-03 16:32

Over half agree to taxing income from crypto investments

More than half of all Koreans agree that investment income from cryptocurrency should be taxed, according to a local poll, Monday.

Lee Kyung-min | 2021-05-03 16:21

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