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Three South Korean institutional investors on Dec. 3 declared an end to coal exposure in their portfolios. This comes in line with the global push for responsible investment principles, such as envi...
South Korea’s financial watchdog chief expressed concerns Dec. 2 over financial companies’ practices of seeking short-term gains, citing the recent misselling of derivative products that led to huge ...
South Korea’s National Pension Service decided on Nov. 29 to hold off on plans to implement guidelines to influence its portfolio firms’ behavior amid controversy surrounding the guidelines. After a...
JB Financial Group Chairman Kim Ki-hong shared his vision in the changing industry landscape with new staff, the company said Nov. 28. Kim urged some 90 entry-level employees of Jeonju-based Jeonbu...
Asset management companies in South Korea saw their combined third-quarter profit fall on-quarter, hit by a sharp decline in their investment income, data showed Nov. 26. The combined net profit ...
The delinquency rate for South Korean banks’ won-denominated loans edged down in September due to a slight decline in the number of firms that failed to repay their debts, government data showed Nov....
Sluggish economic growth and a bleak stock market outlook have pushed South Korean securities firms to expand their horizons by turning to real estate investment. While some brokerages prefer to ope...
The excessive level of committed investments and acquisitions of South Korean nonfinancial companies add to the negative outlook for 2020, coupled with a slowing economy at home and abroad and downsi...
South Korea’s nonlife insurers suffered a near 28 percent drop in third-quarter earnings due to a rise in their loss ratio, data showed Nov. 19. The combined net profit of nine nonlife insurance ...
Foreign currency deposits held by banks in South Korea rose sharply from a month earlier in October, central bank data showed Nov. 19. The outstanding foreign currency savings held by banks here ...
Big brokerages in South Korea saw their investment banking unit report solid profits in the first nine months of this year, overtaking commission fees as their main profit driver, data showed Nov. 18...
A local equity fund in which President Moon Jae-in invested has amassed more than 100 billion won ($85 million), fund operator NH-Amundi Asset Management said Sunday. Since its launch in August thi...
Top-tier South Korean firms such as Samsung Electronics , LG Electronics and Hyundai Motor may have to pay corporate taxes overseas due to the growing worldwide debate on digital tax, raising c...
More non-bank investors are tapping into the private debt market and are increasingly chipping away at the client base for conventional commercial lenders in North America and Europe over the past de...
Kwon Yong-won, chairman of Korea Financial Investment Association, was found dead in his house, police said Nov. 6. He was 58. His body was found in his house in Seocho-gu, Seoul at around 10 a.m., ...
Non face-to-face food ordering services popular amid social distancing trend
SendBird boosts in-app API with voice, video functions
Hosts angry at Airbnb for COVID-19 policies
NPS contemplates stance on fate of Hanjin KAL chairman
Kakao’s co-CEOs to serve another 2-year term
Remote work culture finally takes off in Korea, but will it stick?
SmartStudy revenue soars fueled by overseas performance
Brokerages on risky structured bets to take quick breather
March 29, 2020
