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State-run lender Industrial Bank of Korea and its New York branch have been fined $86 million by the Attorney General’s Office for allegedly failing to manage their anti-money laundering program, doc...
South Korean stocks opened higher on May 21 on encouraging news about another candidate vaccine for the new coronavirus, or COVID-19, in the US. Extending gains for the fifth consecutive day, the n...
South Korea’s construction equipment maker Doosan Bobcat is under credit pressure as its US subsidiary Clark Equipment is looking to leverage $300 million via five-year senior secured notes in May, f...
Hana Financial group, South Korea’s third-largest banking group will launch a digital insurance unit next month through its newly-acquired subsidiary, The-K NON-Life Insurance, according to industry ...
South Korean benchmark indexes continued to be on an upbeat note on May 20, following the government’s additional economic measures to counter the ongoing coronavirus crisis. The nation’s main bour...
Cross-border transactions of public funds will kick off this month in South Korea and four other Asia-Pacific countries, to expand corporate and individual investors’ portfolios, according to the Fin...
NH Investment & Securities, the brokerage unit of South Korea’s NongHyup Financial Group, has joined a consortium to acquire a stake in the United Arab Emirates’ state-owned Abu Dhabi National Oil Co...
Reacting to the untact market trend triggered by the COVID-19 outbreak, South Korea’s financial groups are scrambling to gain an upper hand in digital financing. Untact, or non-face-to-face, has be...
An affiliate of China’s Ping An Insurance Group is considering buying Hyosung Capital, joining other foreign companies that are mulling a merger with the Korean company, local media said on May 14. ...
Shinhan Investment has received a request to delay K-pop related private equity fund redemption from a Hong Kong-based asset management firm due to underperformed entertainment business, according to...
With the Chinese government poised to revise its regulations on beauty products for the first time in 30 years, South Korean cosmetics firms are seeking to expand shipments to their largest export ma...
South Korea’s securities firms cut their target prices for CJ CGV on May 12, raising concerns that the company’s decision to issue new shares worth 250 billion won ($203.66 million) could dilute the ...
South Korea’s antitrust watchdog is set to decide this month on the level of sanctions against companies that carried out illegal business transactions between affiliates, according to news reports o...
Mergers and acquisitions in South Korea remain relatively vigorous, as small and medium-sized enterprises are looking for more chances to cash out assets amid the continued COVID-19 threat to markets...
South Korea’s latest economic stimulus measures -- known as the “Korean New Deal” -- will likely attract foreign investors to the local stock market, local brokerages said on May 8. “Offshore inves...
Only 15% of Kospi firms pursue ESG management: survey
Analysts upbeat on Kakao Pay valuation
BlackRock becomes 3rd-largest shareholder of Hanwha Solutions
KB Kookmin acquires remaining stake in Cambodia’s Prasac Microfinance
Fitch keeps S. Korea’s credit rating at AA-
Falling Samsung shares: what it means to S. Korean investors
Seoul halves maximum agency fees to relieve housing price burden
VR, AR videos to be registered as intellectual property in S. Korea
October 21, 2021
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