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Nearly One in Ten Korean Firms Face Delisting

Nearly one in 10 listed companies in South Korea has entered the range for possible delisting after failing to meet strengthened market capitalization requirements.

  • Nearly 1 in 10 Korean firms face potential delisting due to market cap requirements.
  • Market cap threshold raised to 30 billion won for KOSPI, 20 billion won for KOSDAQ.
  • 21% of KOSDAQ companies expected to fail under new delisting criteria.

Busan Deepens Maritime Ties With Germany

Busan City is set to pursue multifaceted cooperation with Germany, encompassing maritime and port affairs as well as people-to-people exchanges.Busan Mayor Jeon Jae-su met with Georg Wilfried Schmidt…

  • Busan seeks comprehensive partnerships with Germany in maritime and port matters.
  • Mayor Jeon Jae-su and German Ambassador Schmidt discussed collaboration on August 10.
  • Both cities aim to boost eco-friendly port operations and smart logistics cooperation.

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