Bloomberg Consumer confidence in South Korea rose by the most since 2013 as data suggested the economy is recovering and the nation began to move on from the impeachment of the president. The Bank of Korea’s monthly consumer sentiment index rose to 101.2 in April from 96.7 the previous month, indicating rising optimism, data released on Tuesday show. The ...

  Bloomberg China has provided the clearest indication to date that it plans to lift the cap on how much foreign carmakers can own of their local joint ventures, putting pressure on Chinese carmakers to speed up the building of their own brands. In a joint release on Tuesday, the National Development and Reform Commission together with the science and ...

  Bloomberg Netmarble Games Corp. will raise as much as $2.3 billion after pricing its initial public offering at the top of its targeted range, amassing funds to get into new markets and titles. The South Korean mobile games company will sell 17 million new shares to raise as much as 2.66 trillion won ($2.3 billion) in the country’s largest ...