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South Korean banks will likely ease their regulations on fresh loans for households and small businesses in the third quarter but tighten rules on home-backed loans amid government efforts to curb re...
Although South Korea’s mergers and acquisitions are motivated by financial distress, they usually aren’t able to solve the problem, a Bank of Korea report showed on July 1. Titled “Takeover, distres...
The number of private money lenders operating in South Korea rose 1.7 percent in the second half of last year from six months earlier, government data showed on July 1. The number of registered p...
Starting July 1, local banks and financial companies come under the 52-hour workweek rule, becoming late starters in South Korea’s initiative to reduce long working hours and improve the quality of l...
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 ...
S. Korean startups use M&As to improve apps, services
Samsung sees market share improve in Japan in Q3
Celltrion Pharm posts W47.43 b sales in Q3
CJ denies rumors it plans to sell Olive Young for W500b
Naver shares soar on Line-Yahoo Japan merger talks
Iljin Materials receives W600b from STIC Investment
Samsung Biologics receives ISO certification
Samsung SDS holds developer conference in Seoul
November 17, 2019
