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South Korea’s financial regulator said on June 28 it will toughen a rule on cash transaction reporting next month, in line with a global move to step up anti-money laundering regulations. Korean ...
South Korea’s state pension fund posted a return rate of 6.81 percent in the first four months of 2019 on the back of solid performances in domestic and foreign stock markets, the fund’s operator sai...
Standard Chartered Bank Korea said on June 27 it has raised 500 billion won ($432.5 million) via an issuance of won-denominated covered bonds. The debt offering will help SC Bank Korea secure a s...
South Korea’s financial regulator said on June 25 it will ease rules for brokerage houses, in a move that could help the sector channel more funds into industrial sectors. Under the deregulatory ...
South Korea’s top financial regulator said on June 25 that Woori Financial Group ’s state-owned shareholder will sell its entire stake of by no later than 2022. The Financial Services Commission h...
Woori Financial Group plans to set up a venture capital firm as part of its five-year plan to invest 33 trillion won ($28.3 billion) in innovative companies, according to industry sources on June 20....
South Korean energy and telecom conglomerate SK Group is likely to be the top debt seller in the first half of the year, industry data showed on June 20. According to the data compiled by Infomax...
BANGKOK -- After a six-year slump, KTB Securities Thailand jumped back into the black in 2016. And now, as the only South Korean financial subsidiary in Thailand, the brokerage is eyeing a listing in...
Five cryptocurrency exchanges have changed their terms of service in a way that they can be liable for problems caused by potential cyberattacks or system malfunctions, even if operators are not will...
Woori Financial Group said June 17 it will loan 33 trillion won ($28 billion) over the next five years to innovative startups and small and medium-sized enterprises. The planned lending comes as ...
Responding to mounting speculations that South Korea’s central bank may soon lower the policy rate amid uncertainties, Treasury bond interest rates hit a record-low this year, market observers noted ...
HO CHI MINH -- In Vietnam, one of the fastest growing economies in the world, investors have been searching for ways to hedge risks in times of equity market volatility. Last year, the benchmark inde...
Loans extended by local banks to households increased slightly in May, while corporate loans shrank, central bank data showed on June 12. Household loans by banks increased by 5 trillion won ($4....
South Korean savings banks reported a 3.8 percent fall in their combined net profit for the first quarter, hit by an increase in loan-loss provisions, data showed on June 12. The combined net inc...
Weeks following the Korean financial regulator’s rejection of its request to set up the nation’s third and fourth internet-only banks, Toss Bank may have to draw up a fresh list of strategic investor...
Samsung Display CEO confirms QD-OLED plan
KT launches epidemic prevention app in Ghana
Signs of global recession haunt S. Korean economy
SKT ‘opens virtual zoo’ in Seoul
Han Sung Motor revenue triples under Ausprung leadership
Incheon Airport expands overseas business portfolio
Can LG smart fridge actually tweet?
WeMade turns profitable, share price jumps
August 18, 2019
