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[THE INVESTOR] The heads of NH Nonghyup Bank and Industrial Bank of Korea are heading to New York to brief financial authorities on the steps they have taken to curb money laundering, industry sourc...
[THE INVESTOR] While South Korean commercial bank Woori Bank and its subsidiaries are inching closer to a holding company structure, possibilities of aggressive mergers and acquisitions to expand th...
[THE INVESTOR] Local refiner Hyundai Oilbank is likely to postpone its highly anticipated initial public offering to next year because of a delayed audit and dismal market conditions, according to s...
[THE INVESTOR] Woori Bank announced on Nov. 8 that President and CEO Sohn Tae-seung has been appointed to double as president of a holding company scheduled to be launched in January. The bank’s b...
[THE INVESTOR] Following the better-than-expected third quarter results, JB Financial Group has even stronger fundamentals for next year, and is likely to post 300 billion won (US$268 million) net...
[THE INVESTOR] The ongoing US$4.7 billion investor-state dispute case that Lone Star Funds has filed against the Korean government is expected to be finalized in the first half of next year after a ...
[THE INVESTOR] While South Korea’s stock market took a strong rebounding leap last week amid signals of trade war alleviation between the United States and China, analysts remained in a cautious not...
[THE INVESTOR] There may be no major rebound in South Korean shares next week as investors are still cautious over a complete resolution of trade tensions between the United States and China, analys...
[THE INVESTOR] Foreign investors remained net sellers in the South Korean bond market for two straight months last month, but the amount sold decreased, financial data showed on Nov. 4. Foreign...
[THE INVESTOR] JB Financial Group reported an 18.2 percent jump in net income in the third quarter, backed by increased earnings from interest, the group said on Nov. 2. The group recorded 285 bil...
[THE INVESTOR] Growth of Korea’s credit card spending slowed in the third quarter of the year due to the country’s fall harvest holiday, data showed on Nov. 2. Credit card purchases totaled 205....
[THE INVESTOR] The government and the ruling Democratic Party will unveil measures to ease regulations on private equity funds in a bid to boost the capital market, party officials said on Oct. 30. ...
[THE INVESTOR] Korea's top four banks pocketed 16.76 trillion won (US$14.67 billion) from interest earnings alone until the third quarter of 2018, market data showed Oct. 28. According to regulator...
[THE INVESTOR] KB Financial Group retained its crown as the most profitable financial group in Korea in the third quarter after dethroning Shinhan Financial Group last year, according to industry da...
[THE INVESTOR] NH NongHyup Bank plans to slash the number of branches next year to streamline operations, according to industry sources on Oct. 26. Unlike other major banks, the agriculture coopera...
Samsung rumored to expand US chip plants amid Japan’s trade curbs
Finda bags W4.5b series A funding to enhance paperless loan platform
Blank focuses on expanding new businesses before IPO
True Balance launches e-commerce function
Priceza CEO hopes to change Thailand’s e-commerce landscape
Stocks held by K-pop agency owners plummet
Samsung seeks to diversify smartphone display, battery suppliers
Korea to make all-out efforts to lift Japan’s export restrictions
July 22, 2019
