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JB Financial Group said on August 31 that it has launched a brokerage unit through its newly acquired Morgan Stanley Gateway Securities, a midsized brokerage firm headquartered in Hanoi, Vietnam. It ...
Shares of South Korea’s top mobile messenger operator Kakao and top portal operator Naver continued their bullish run on the local stock market on August 27, on investors’ profit-taking drive from “u...
KB Financial Group said on August 27 that it has received approval from the Financial Services Commission to acquire Prudential Life Insurance of Korea. In April, the South Korean financial giant, ...
South Korean firm Koscom disclosed Wednesday that it plans to acquire HSBC Fund Services Korea, to dive into the asset management sector. After a year of preparation for the takeover, the company h...
Kakao Games, the gaming arm of local mobile messenger giant Kakao, said Wednesday it is looking to raise as much as 384 billion won ($298 million) in its initial public offering on the nation’s tech-...
Foreign investors in two Korean companies -- Unison and Yakjin Trading -- managed to sell their stakes earlier this week, but only at significant losses, disclosures showed Aug. 25. The sale price w...
The combined net profits of asset management firms in South Korea jumped 46 percent on-year during the April-June period this year amid the local stock market’s sharp rebound, data showed on August ...
Shinhan Alpha REIT rolled out plans to buy 37,600 square meters of office space in Twincity Namsan in central Seoul for 238.6 billion won ($201.6 million) from KB Asset Management, a filing showed Au...
Local brokerage firm KB Securities has acquired a distribution warehouse operated by US ecommerce giant Amazon in Edinburgh, Scotland for some 100 billion won ($84 million), according to news reports...
Morgan Stanley Capital International announced on August 13 it has added three South Korean biotechnology stocks to its MSCI Korea Index. This comes as the technology prowess of the companies has c...
South Korean financial institutions associated with Hong Kong-based hedge fund manager Gen2 Partners are in a predicament as they struggle to ensure the investment -- sold by them -- could be redeeme...
Both HDC Hyundai Development Company and Kumho Industrial said on Tuesday that arrangements for face-to-face negotiations over the acquisition of Asiana Airlines are ongoing, which may effectively go...
South Korea’s largest internet-only bank said on August 5 that its number of monthly active users in June surpassed 11 million — the highest in the nation’s entire bank industry. Kakao Bank’s incre...
In its first step since resuming operation, internet-only lender K bank unveiled a mobile mortgage loan service on August 4, which allows customers to borrow money without visiting brick-and-mortar b...
Kakao Games, the games unit of Korea’s mobile giant Kakao, has submitted a registration statement to the Financial Services Commission, hoping to get listed on the nation’s tech-heavy Kosdaq market i...
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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