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7 more global investment banks busted for illegal short selling practices

The Financial Supervisory Service (FSS) discovered violations of the rules on short selling by seven more global investment banks, on top of BNP Paribas and HSBC. The two global banks have already been confirmed by the state-run financial watchdog agency to have conducted illegal short selling practices.

Korean government asks hospitals to mitigate impact of medical professors absence

The health ministry has asked hospitals to devise measures to minimize damage to patients from medical professors taking a collective action in support of a walkout by junior doctors protesting the increase in medical school quotas, officials said Monday.

Korea Hydro & Nuclear Power partners with Candu Energy for Romanian reactor refurbishment project bid

The state-run Korea Hydro & Nuclear Power (KHNP) said Monday it has inked an agreement with Canada s Candu Energy to speed up the preparations to vie for a refurbishment project for a Romanian reactor.

RIIZE concludes successful two-day fan concert, announces additional dates

KRX faces complaints for delay in IPO approval process

The Korea Exchange (KRX), the country’s sole bourse operator, is facing complaints from companies that want to go public as it keeps delaying the process required to determine whether companies qualify.

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