News

South Korea to roll back tax cuts as new leader seeks expansionary policy
South Korea's government put forward plans on Thursday to roll back recently imposed tax cuts, such as those on corporate ...
South Korea to target leveraged crypto lending services with new rules
The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) on Thursday announced the formation of a ...
Korea to Hike Taxes on Companies, Investors to Boost Revenue
South Korea is proposing higher taxes on corporations and stock investors as the new government seeks to shore up the budget after a slowing economy sapped state revenue.
South Korea Finance Minister Koo to target mutually beneficial US trade deal
SEOUL (Reuters) -South Korean Finance Minister Koo Yun-cheol said on Tuesday he would try to derive a mutually beneficial ...
Shares in Kia and Hyundai Fall After South Korean Automakers Lose Tariff Advantage
Hyundai and Kia's shares dropped 4.5% and 7.3% respectively on Thursday, in the aftermath of South Korea’s trade pact with the U.S. The country now faces a 15% tariff on auto exports, the same rate as ...