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Shinhan Financial Group said Oct. 12 that minority shareholder BNP Paribas has bought a stake worth an undisclosed amount in the South Korean banking group by securing the minimum threshold to keep t...
Amid fierce backlash from retail investors on the Korean government’s major shareholder standards, the Finance Ministry is currently mulling to alter its plan to define retail investors with shares w...
Yoo Myung-soon, interim chief executive officer of Citibank Korea, was recommended as the sole candidate for the bank‘s top post, paving the way for her to become the first female CEO of the local br...
GS Caltex said on Oct. 7 it signed an investment agreement with a Vietnamese car wash startup to expand its auto repair and lubricants businesses in the Southeast Asian country. According to the So...
Kyochon F&B, South Korea’s largest fried chicken franchise, will go public next month, aiming to secureup to 71.3 billion won ($61.4 million) of funding. According to the company’s securities repor...
Within less than an hour, nearly 2.7 trillion won ($2.32 billion) flowed into brokerages handling a two-day public subscription for shares of Big Hit Entertainment, the agency behind K-pop sensation ...
Chemical-to-financial conglomerate KG Group said Tuesday that it would take over a 93.8 percent stake in Hollys F&B from investment firm IMM Private Equity. Hollys F&B owns Hollys Coffee, one of the ...
South Korea’s antitrust watchdog said Monday that it has drafted a bill to regulate dominant online platform operators as unfair trade has become a reality in the sector amid the surge in digital tra...
Lotte Insurance said on Sept. 25 that it would not consider delisting itself from the country’s main bourse Kospi, refuting rumors by some local media reports. Followed by the nation’s sole bourse...
Major South Korean lenders’ decision to invest some $100 million in a hotel and retail project at 20 Times Square in New York in 2018 has come back to bite them two years later, with the property’s f...
Korean investment banking group Mirae Asset Group is being swamped by litigations at home and abroad, including one against China’s Dajia Insurance Group surrounding high-profile hotel deals in the U...
With a mere estimate of the market value of Big Hit Entertainment, the label behind BTS, reaching nearly 4.6 trillion won ($3.97 billion), eyes are on the seven-member boy band that generates most of...
South Korean asset manager Shinhan BNP Paribas Asset Management said on Sept. 18 that it would beef up efforts to take climate change into account in its asset management business, as part of its gre...
Representatives of South Korean institutional investors said Tuesday they were increasingly tapping into distressed asset classes in their capital deployment to real estate assets, as the novel coron...
SK Holdings has raised 480 billion won ($409 million) by selling shares of logistics operator e-Shang Redwood Group through a block deal, with plans to invest the newly secured capital in its future ...
NPS exposure to Japanese ‘war crimes companies’ reaches W1.57tr: lawmaker
FSS to appeal against court decision favoring Woori CEO
More than 30 crypto exchanges expected to announce shutdown on Friday
Shinhan acquires stake in ICT solutions provider for online corporate banking platform
OK Savings Bank’s ‘Pak Se-ri tournament’ to kick-off Friday
[MARKET EYE] Hyundai Motor’s succession plan a headache to Hyundai Card
KB-Shinhan green fund to finance renewable energy project in Sweden
Cyworld, Hancom form strategic partnership
September 23, 2021
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