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[THE INVESTOR] Wealthy Koreans are not too keen on investing in cryptocurrencies, a report by KB Financial Group showed on Aug. 7. The report, based on a survey on 400 people with more than 1 billi...
[THE INVESTOR] Mirae Asset Daewoo has dropped its plans for an initial public offering of a Chinese company amid negative investor sentiments, industry sources said on Aug. 7. Mirae Asset Daewoo w...
[THE INVESTOR] JB Financial Group on Aug. 1 reported record earnings of 186.4 billion won (US$166 million) in the first half of this year, up 17.9 percent from a year ago, largely due to stable fund...
[THE INVESTOR] The financial regulator plans to set guidelines for closures of bank branches in an effort to minimize inconvenience to consumers, an industry source said on Aug. 1. The Financial...
[THE INVESTOR] Korea’s peer-to-peer lending market is likely to get a boost from a government decision to lower the tax rate on interest income from such loans temporarily, industry sources said on ...
[THE INVESTOR] Korea’s corporate credit card spending climbed nearly 11 percent on-year in the second quarter of the year, a trade association said on July 31. Spending came to 39.4 trillion won...
[THE INVESTOR] KB Kookmin Bank said on July 30 it has acquired a 22 percent stake in Bank Bukopin of Indonesia, making it the second-largest shareholder of the lender. With the acquisition, KB K...
[THE INVESTOR] Korea’s health and welfare minister said on July 30 that the National Pension Service will actively exercise its voting rights in companies that damage their corporate values. The...
[THE INVESTOR] Korea’s financial regulator on July 27 ordered Samsung Securities to suspend part of its operations for six months as punishment for its dividend payout error, while taking action aga...
[THE INVESTOR] The state-run Industrial Bank of Korea said on July 26 that its net profit rose 17.2 percent on-year in the first half, thanks to a sharp decline in loan-loss provisions. Net prof...
[THE INVESTOR] Lotte Data Communication will be listed on Korea’s main bourse this week, through which the IT firm seeks innovation and more opportunities abroad, market officials said on July 26. ...
[THE INVESTOR] NongHyup Financial Group said on July 26 its net profit jumped 61.8 percent in the first half from a year earlier, thanks to a rise in interest income and lower loan-loss provisions. ...
[THE INVESTOR] Kakao Bank, Korea’s second internet-only bank, said on July 26 it will push to go public in two years to raise funds for future growth. The plan was announced during a media brief...
[THE INVESTOR] Korean companies’ equity and debt sales rose 6.3 percent in the first six months of the year, thanks to a rise in sales of corporate debts and rights issues, government data showed on...
[THE INVESTOR] JB Financial Group said on July 26 Moody’s Investors Service has upgraded the credit outlook of its banking unit Jeonbuk Bank to reflect its improved asset quality and capitalization....
Samsung scouts AI startups in Paris
Overcoming Elliott hurdle, Hyundai heir tightens grip over W220tr empire
Jaguar Land Rover Korea introduces upgraded Velar
Korea widens tax evasion crackdown on ‘Seungri scandal’
Most LG businesses to fully adopt cloud services in 5 years: LG CNS
Samsung, Motorola compete to win 5G smartphone race
Amorepacific hosts yearly marathon for breast cancer awareness
BLACKPINK surpasses 20 mln YouTube subscribers
March 25, 2019
