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[THE INVESTOR] The Korean market for so-called target date funds has been growing fast this year amid growing worries over post-retirement life, a market tracker said on Sept. 3. According to Fn...
[THE INVESTOR] The financial regulator said on Aug. 30 it will revise supervisory standards on accounting rules for pharmaceutical and biotechnology firms. Kim Yong-beom, vice chairman of the Fi...
[THE INVESTOR] The value of daily transactions of internet banking services in Korea dropped in the second quarter for the first time in 15 months, central bank data showed on Aug. 28. The avera...
[THE INVESTOR] The Korea Federation of Banks on Aug. 26 expressed hopes for local commercial banks’ annual offshore net income from financial branch network operations and investments to mark a reco...
[THE INVESTOR] Korea’s bourse operator said on Aug. 24 it has adopted a revised format of regulatory filing for KOSDAQ market-listed firms in a bid to avoid potential confusion and give more precise...
[THE INVESTOR] NH NongHyup Bank announced on Aug. 22 that it is set to launch a microfinance institution in Cambodia after getting approval from the financial authorities. Korea’s agricultural bank...
[THE INVESTOR] Korea’s financial watchdog has submitted a revised bill to the National Assembly that allows firms like Kakao, Naver, Nexon and Netmarble to hold a bigger stake in internet-only banks...
[THE INVESTOR] Shinhan Financial Group has steadily raised capital this year in a possible bid for ING Life Insurance, market watchers said on Aug. 22. Shinhan Financial plans to issue contingen...
[THE INVESTOR] Costco Korea is likely to replace its credit card partner after an 18-year relationship with Samsung Card, according to Seoul Economic Daily on Aug. 20. The Korean unit of the US dis...
[THE INVESTOR] The number of consumer complaints against financial firms rose 7.7 percent on year in the first-half of this year, mainly due to deceptive insurance products and fraudulent peer-to-p...
[THE INVESTOR] Kakao Bank, the country’s second internet-only bank, is rapidly catching up with regional banks across the country, data showed on Aug. 16. As of end-June, Kakao Bank’s assets came t...
[THE INVESTOR] Their operating income also jumped 8.56 percent to 84.96 trillion won, and sales went up 5.33 percent to 924.23 trillion won during the cited period, the data showed. Of the 536 K...
[THE INVESTOR] The combined net profit of Korea’s major credit card firms plunged nearly a third in the first half from a year earlier due mainly to decreased swipe fees, industry data showed on Aug...
[THE INVESTOR] Korean banks reported a 4 percent rise in their combined net profit for the first half of this year, thanks to a solid rise in interest income, data showed on Aug. 16. The combine...
[THE INVESTOR] Although Korea’s top four financial groups -- KB Financial , Shinhan Financial , Hana Financial and Woori Bank -- recorded impressive second-quarter earnings, their share pric...
Samsung Galaxy Note 10 to beat Apple’s iPhone XS in screen size
SKT, Samsung complete first 5G call
CJ CGV’s Vietnam unit to slow down IPO process
Schindler sues Korean gov’t over Hyundai Elevator
KKR, Shinhan Financial in strategic partnership
Dream Gream offers taste of real art world, broadens aspirants’ horizons
CJ ENM joins forces with Bluehole for expansion in US
Heads of Hanwha, Heritage Foundation call for stronger US-Korea alliance
October 16, 2018
