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Mirae Asset Global Investments, the asset management unit of Mirae Asset Financial Group, has been aggressively pushing for global expansion leaving its rivals far behind. According to data from the...
South Korean bourses, especially the tech-heavy Kosdaq, suffered big losses in July as investor sentiment was hit by the deteriorating global market conditions marked by trade wars between major econ...
HO CHI MINH, Vietnam -- Vietnam is fast emerging as important destination, not only for manufacturers but also financial institutions that are eying overseas markets amid stagnant domestic growth. L...
Seoul-based NH-Amundi Asset Management has tapped its incumbent chief marketing officer Bae Young-hoon as its new chief executive officer. Bae, 58, was named to head the company by a nomination comm...
South Korea’s major financial groups posted record-breaking earnings during the first half of the year, notwithstanding external challenges that have weighed down the overall market, industry data sh...
Deutsche Securities Korea has decided to shut down its equities sales and trading business in Seoul as part of its global downsizing of investment banking entities by 2022 to achieve cost efficiency....
Kakao, the operator of South Korea’s leading messenger app KakaoTalk, got the nod from the financial regulator on July 25 to raise its stake in internet-only bank Kakao Bank. Kakao Bank, the country...
Seoul-based commercial bank KEB Hana Bank has agreed to buy a 15 percent stake in Vietnamese state-owned Commercial Bank for Investment and Development of Vietnam (BIDV) for 1 trillion won ($849.6 mi...
Shinhan Financial Group plans to set up a new unit that will take charge of venture investments, according to industry sources on July 18. The venture capital unit will operate a 200-billion-won ($1...
South Korea’s financial regulator said on July 18 it launched a squad with investigative power to effectively crack down on unfair practices in the financial market. So far, financial authorities...
The Seoul branch of Merrill Lynch has been fined 175 million won ($148,700) for the investment bank’s trading that allegedly disrupted the local stock market, South Korea’s bourse operator said on Ju...
South Korea’s financial regulator said July 16 it will receive applications in October for a third internet-only bank, as it seeks to reinvigorate the nation’s financial industry. The Financial S...
Mirae Asset Securities’ New York office CEO Jae Ryu talks about competing against global institutions on Wall Street and surviving concrete jungle NEW YORK CITY -- Located a few blocks north of the ...
Fresh loans extended to local households by banks grew at a faster pace from a month before in June, while the rise in loans to businesses significantly slowed amid sluggish demand and investment, ce...
Provincial bank-led financial institution JB Financial Group is looking to secure more mergers and acquisitions at home and abroad, once it steers clear of regulatory issues, Chairman Kim Ki-hong s...
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
January 20, 2020
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