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[THE INVESTOR] Korean banks saw their financial health improve slightly in the first quarter of this year, the financial regulator said on June 1. The average capital adequacy ratio of 17 commercial...
[ THE INVESTOR ] Korea‘s banking lobby group urged the government of President Moon Jae-in on May 29 to embrace deregulation of the banking industry and increase “flexibility” in the labor sector. ...
[ THE INVESTOR ] Loans extended to local businesses rose slightly in the first quarter on increased operating expenses and facility investments, central bank data showed on May 29. Outstanding cor...
[THE INVESTOR] National Pension Service, the nation’s largest institutional investor, plans to purchase Korean stocks worth 20 trillion won (US$17.80 billion) next year as part of its five-year inves...
[THE INVESTOR] China’s Anbang Insurance Group is reportedly seeking additional investments worth up to 3 trillion won (US$2.67 billion) in Tongyang Life Insurance and Allianz Life Insurance, the two ...
[THE INESTOR] Japanese duty-free shop operator Japan Tourism Corp. is resuming the stalled process for its initial public offering on the nation’s secondary bourse KOSDAQ, The Bell reported on May 25...
[THE INVESTOR] Korean private equity firm JKL Partners has become the first institutional investor to adopt the nation’s newly introduced Stewardship Code, a set of guidelines for more responsible in...
[ THE INVESTOR ] The Bank of Korea Gov. Lee Ju-yeol said on May 25 that the central bank is likely to revise up the nation’s 2017 growth forecast in July from its April projection of 2.6 percent, ...
[ THE INVESTOR ] Woori Bank has launched an artificial intelligence-based financial adviser, or “robo adviser,” as well as robots built for customer assistance at local branches. The nation’s fo...
[ THE INVESTOR ] Global investment banks have upgraded their ratings on Korean stocks and hiked targets of its benchmark stock index, a report showed on May 24. Among seven major foreign IBs, UBS,...
[ THE INVESTOR ] KakaoBank of Korea, the second online-only bank in the country set to start its services in June, has joined the Korea Federation of Banks. The KFB said on May 22 that KakaoBank o...
[ THE INVESTOR ] South Korean banks and credit card firms might face difficulty in raising their fees, as the financial authorities began reviewing President Moon Jae-in’s pledges to adopt a new re...
[ THE INVESTOR ] Former Finance Minister Kang Man-soo was sentenced to four years in prison on May 19 on multiple corruption charges. The Seoul Central District Court convicted Kang, also the form...
[ THE INVESTOR ] Korea’s central bank said on May 19 it has moved cash reserves to its office in southern Seoul as it prepares to begin a three-year renovation project at its head office. The Bank...
[ THE INVESTOR ] Some 300 contract employees of Citibank Korea will unconditionally become full-time within 2017, the bank said on May 17. The benefiting employees are office clerks and bank telle...
Celltrion could attract W300b with KOSPI relisting
FTC chief urges Hyundai to tackle governance structure
Samsung Galaxy Note 8 ditches ATL batteries
Samsung invests W5b in Cyworld for AI platforms
[DECODED X] Thank you, Mr. President!
Samsung Galaxy S9 to reduce reliance on Qualcomm chips
Celltrion denies regulatory hurdles for Herzuma in EU
TMON to spin off tourism biz to attract capital
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