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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 ...
HO CHI MINH -- In Vietnam, one of the fastest growing economies in the world, investors have been searching for ways to hedge risks in times of equity market volatility. Last year, the benchmark inde...
Loans extended by local banks to households increased slightly in May, while corporate loans shrank, central bank data showed on June 12. Household loans by banks increased by 5 trillion won ($4....
South Korean savings banks reported a 3.8 percent fall in their combined net profit for the first quarter, hit by an increase in loan-loss provisions, data showed on June 12. The combined net inc...
Weeks following the Korean financial regulator’s rejection of its request to set up the nation’s third and fourth internet-only banks, Toss Bank may have to draw up a fresh list of strategic investor...
The Financial Supervisory Service is seeking disciplinary action against the Korea Securities Depository and nine brokerage houses in South Korea for their lack of internal control in terms of tradin...
Seoul-based investment company Rhinos Asset Management said on June 4 that it had opened a wholly owned overseas subsidiary in Mongolia a day prior. This marks the first time that a foreign entity h...
Banks in South Korea saw their financial health deteriorate slightly in the first quarter of this year as tighter credit-risk rules prompted them to set aside more capital for derivatives, data showe...
The amount of international money transfers handled by South Korea’s fintech firms have increased more than 25 times over the past year, hinting at the growing popularity of small-sum cross-border mo...
Corporate loan growth in South Korea accelerated in the first quarter from three months earlier, central bank data showed on May 29, possibly indicating that companies may consider investment in the ...
Samsung’s financial units brace for changes with new CEOs
S. Korea to launch financial data exchange platform in March
Student-led venture vibe livens up Seoul basement
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
January 27, 2020
