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[THE INVESTOR] The nation’s top five banks that are still reeling from hiring scandals are resuming their regular recruitment session in the latter half of this year, with the total new hiring reach...
[THE INVESTOR] Korea’s financial regulator said on May 14 it has placed 31 highly-indebted conglomerates under closer watch for debt reductions in order to prevent unexpected defaults. According...
[THE INVESTOR] Foreigners turned net sellers of South Korean stocks in April from a month earlier, with their stock holdings on the local exchanges reaching 32 percent of all listed shares, the fina...
[THE INVESTOR] Despite a stock market correction, Korean securities companies posted strong performances in the first quarter of the year thanks to ample market liquidity, data showed on May 11. ...
[THE INVESTOR] Korean banks reported a 1.3 percent decline in their combined net profit in the first quarter of this year, due to a fall in non-interest income, data showed on May 10. Combined n...
[THE INVESTOR] The government has finally named the new head of Financial Supervisory Service after his predecessor stepped down over corruption allegations. On May 8, Yoon Suk-heun, a professor at...
[THE INVESTOR] Korea’s top financial regulator on May 8 stressed independence as a key virtue of his institution so it can fully serve its role of managing financial risks. Yoon Suk-heun, 70, ma...
[THE INVESTOR] JB Financial Group on May 4 reported that its first-quarter net income grew 36 percent on-year to 64.2 billion won (US$59.60 million). Its banking unit Jeonbuk Bank led the group’s...
[THE INVESTOR] The Korean government announced on May 4 that Seoul National University professor Yoon Suk-heun has been tapped to take over as governor of the Financial Supervisory Service. This fo...
[THE INVESTOR] Korea-based IMM Investment saw more than 400 percent returns from its investment in Korea’s web platform provider cafe24, industry sources said on April 30. IMM acquired 3 billion wo...
[THE INVESTOR] Korea’s personal credit card spending rose 9.7 percent on-year in the first quarter, a local credit card association said on April 30. According to the data compiled by the Credit...
[THE INVESTOR] Ongoing peace gestures involving North Korea could have positive impacts on South Korea’s equity markets, though global woes would limit their upward momentum, a global investment ban...
[THE INVESTOR] Government-run Industrial Bank of Korea will acquire stake in a second Indonesian bank, Bank Mitraniaga, as it seeks to set up operations in the country this year, the company said on...
[THE INVESTOR] Analysts said it was rough three months for Korea’s financial groups. Some have been under severe criticism due to hiring scams, triggering an unprecedented level of oversight from th...
[THE INVESTOR] Woori Bank said on April 20 net profit reached a record high in the first quarter on the back of the growth in interest margins. Net profit stood at 589.7 billion (US$514.50 milli...
L-Tree applies biometric technology to blockchain
Market Kurly operator secures W67b investment
Samsung's cooktops get high scores from U.S. Consumer Report
Two Samsung Group affiliates sell stake in Samsung C&T
KT ties up with firm behind Apple’s Siri for car infotainment systems
Samsung unveils triple-lens smartphone Galaxy A7
Parliament passes bill easing regulations on internet-only banks
Hanon Systems to acquire Magna’s fluid pressure and controls biz
September 26, 2018
