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[THE INVESTOR] Savings banks in Korea saw their earnings reach a record high of more than 1 trillion won (US$920 million) in 2017 on sharply increased interest income, the financial watchdog said on...
[THE INVESTOR] Hunting for a discounted stock? JB Financial Group, a fast-growing Korean banking group, is one such stock that’s still being traded at aggressively low valuation multiples. Over the...
[THE INVESTOR] The amount of foreign securities held by major Korean institutions rose 38.9 percent in 2017 from a year earlier due to an increase in investments in foreign bonds and stocks, central...
[THE INVESTOR] Mirae Asset Global Investments, the asset management arm of Mirae Asset Financial Group, announced on Feb. 26 that it will establish a joint venture with a subsidary of Vietnam’s sove...
[THE INVESTOR] South Korean financial firms’ assets under management hit a record high of 950 trillion won (US$880.9 billion) in 2017, up 4.7 percent from the previous year, data showed on Feb. 25. ...
[THE INVESTOR] The growth pace of Korea’s household credit eased in the fourth quarter last year, the central bank said on Feb. 22. The country’s outstanding household debt stood at 1,450.9 tril...
[THE INVESTOR] The daily foreign exchange turnover by local and foreign banks in South Korea rose to a record high last year, central bank data showed on Feb. 22. The daily forex turnover averag...
[THE INVESTOR] Some Korean brokerages have forecast that the central bank will likely raise its key rate in May, as the US Federal Reserve is widely expected to mark up its base rate at a faster pac...
[THE INVESTOR] Bank of Korea Gov. Lee Ju-yeol said on Feb. 20 that while lingering political deadlock has held back talks to renew a currency swap deal with Japan, Korea would not be rushing it, dur...
[THE INVESTOR] South Korea’s agriculture cooperative-based NH NongHyup Bank developed a system to assess the quality of its customer calls in November last year and recently had a patent registered ...
[THE INVESTOR] Non-bank institutions will be allowed to directly engage in currency exchange business starting next month as part of a broader deregulation drive to promote the local financial techn...
[THE INVESTOR] Stock funds in Korea have fared poorly since the start of this year as the bourse experienced high volatility, a market tracker said on Feb. 13. The average return of stock funds ...
[THE INVESTOR] Korea‘s national health insurance is forecast to post a fiscal deficit of 1.2 trillion won (US$1.1 billion) this year, the state-run health service provider said Monday. According...
[THE INVESTOR] JB Financial Group on Feb. 9 reported its 2017 net income of 264.4 billion won (US$243.1 million), a 31 percent jump from a year ago. Net interest income also increased 29.7 percent t...
[THE INVESTOR] International Finance Corp., a private equity arm of World Bank, on Feb. 6 held the Maximizing Finance for Development Seminar in Seoul with the aim of attracting more Korean investme...
GM must stay in Korea for at least 10 years: KDB
Focus on root of all problems: Samsung’s Lee Jae-yong
LG set to acquire automotive light maker ZKW for W1.6tr
Mexican food chain On The Border looking for new owner
GM Korea union losing ground following due diligence
Past comes back to haunt Korean Air’s Cho family
I’m firing my kids: Korean Air’s Cho Yang-ho
Police raid Korean Air
April 24, 2018
