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[THE INVESTOR] Mirae Asset Capital and internet giant Naver have decided to invest 56 billion won (US$50 million) in Indonesian e-commerce startup Bukalapak, seeing its great potential, according to...
[THE INVESTOR] Standard Chartered Bank Korea said on Jan. 17 it has secured investment worth 100 billion won (US$89.14 million) from its parent company for the first time in 11 years. During its...
[THE INVESTOR] The Financial Services Commission on Jan. 16 gave its approval for Shinhan Financial Group’s acquisition of Orange Life Insurance. The top regulatory body’s nod comes four months af...
[THE INVESTOR] More than 600 employees of KB Kookmin Bank have applied for early retirement, according to industry sources on Jan. 16. The employees, who account for 29 percent of the eligible work...
[THE INVESTOR] Korea’s merger and acquisition deals in 2018 have turned around after two consecutive years of a pullback, amounting to US$53.1 billion, according to data and intelligence provider Me...
[THE INVESTOR] The head of Korea’s financial regulator on Jan. 16 vowed to ease regulations and support the promotion of domestic fintech industry. “Based on the fintech infrastructure we built las...
[THE INVESTOR] KTB Investment & Securities on Jan. 15 denied rumors that it is mulling acquiring another brokerage Golden Bridge Investment & Securities. “(KTB) has not considered acquiring Golde...
[THE INVESTOR] Non-financial operators of internet-only banks in Korea are gearing up to comply with a new legal framework designed to lower the regulatory bar in their ownership and spur fintech in...
[THE INVESTOR] Korea’s financial groups expect to post record profits in 2018, with KB Financial set to maintain the title as the most profitable firm for two consecutive years, according to data on...
[THE INVESTOR] Trading of South Korean shares is projected to take place within a narrow range this week amid growing concerns about a prolonged US government shutdown and the impending Brexit vote ...
[THE INVESTOR] The gap in research and development (R&D) investment between South Korea‘s small and medium-sized businesses and big companies is widening, a local think tank said on Jan. 13, a devel...
[THE INVESTOR] The volume of fixed deposits at local banks marked the steepest growth in eight years in 2018, on the back of increased policy rate and the banks’ efforts to reinforce liquidity, the ...
[THE INVESTOR] The Korean fund market enjoyed an inflow of investment last week on rising demand for real estate instruments, market data showed on Jan. 13. The total value of local investment fun...
[THE INVESTOR] South Korea will invest 37.5 billion won (US$33.6 million) this year in developing converging technologies in the fields of robotics, biology and artificial intelligence (AI), the gov...
[THE INVESTOR] Whisky sales in Korea fell for the 10th year in a row in 2018, industry data showed on Jan. 13, amid changes in the country‘s wining and dining culture, and a shorter workweek. T...
LG Innotek’s next cash cow: Time-of-flight module
Samsung’s cash reserves top W100tr
Kim Jong-un unlikely to tour Samsung’s Vietnamese smartphone factory: sources
LG all out to regain market share with upcoming G8, V50
LG CNS, AWS to accelerate corporate data migration to cloud
Chiefs of Korea’s top 10 conglomerates to reap record high dividends for 2018
Koreans use nearly W8tr at convenience stores on credit cards
Hyundai reaches tentative settlement in US class-action suit over ‘exploding’ sunroofs
February 19, 2019
