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[THE INVESTOR] A growing number of Koreans are using internet banking services as the number of daily transactions and total value reached record highs in the first quarter, central bank data showed...
[THE INVESTOR] Hyundai Card said on June 21 it has launched a new mobile app that will help cut down on costs for transfering money overseas. The wiring commission is set at 3,000 won (US$2.70), al...
[THE INVESTOR] Three officials at Samsung Securities were arrested on June 21 for purposely selling accidently issued bogus shares. The Seoul Southern District Court issued their arrest warrants...
[THE INVESTOR] KB Kookmin Bank said on June 20 it will roll out a debit card and a savings program this week that feature K-pop sensation BTS. The debit card and installment savings account will...
[THE INVESTOR] Korea’s biggest cryptocurrency exchange, Bithumb, said on June 20 it lost 35 billion won (US$31.50 million) worth of cryptocurrencies in a hacking attack. The theft took place las...
[THE INVESTOR] Global rating agency Moody‘s Investors Service said on June 19 it has upgraded the outlook for Korea’s securities industry to stable, citing their steady profitability amid favorable ...
[THE INVESTOR] Prosecutors have filed for arrest warrants for four officials at Samsung Securities for knowingly selling bogus shares that were issued to them by the firm by mistake, a prosecution o...
[THE INVESTOR] Foreign investors were net sellers on Korean stock market last month, while their holdings of local bonds hit an all-time high, data showed on June 18. Offshore investors offloade...
[THE INVESTOR] Woori Bank plans to file an application this week to turn itself into a holding company, its officials said on June 18. A board meeting is scheduled for tomorrow, at which a relat...
[THE INVESTOR] Local securities firms have adjusted down their outlook for the main stock market but are raising the possibility of a brighter second half, financial watchers said on June 18. Ca...
[THE INVESTOR] Korea’s corporate watchdog chief said on June 14 that a revision to the country’s fair trade law will be proposed to the National Assembly in September. Earlier, the Fair Trade Co...
[THE INVESTOR] The Seoul branch of Goldman Sachs International is suspected of massive short selling on May 30 that resulted in naked shorting, which is illegal in Korea, according to local news rep...
[THE INVESTOR] Korea’s growth of household loans slowed down in May after tighter rules on mortgage loans came into force, government data showed on June 12. Outstanding household loans extended...
[THE INVESTOR] Financial companies took more than 890 corrective measures last year after internal inspections, some 47.5 percent of them having to do with amending operational practices, the Financ...
[THE INVESTOR] Prosecutors raided the head office of Shinhan Bank on June 11 as part of an investigation into allegations that its officials gave special favors to children of the bank’s ranking off...
L-Tree applies biometric technology to blockchain
Market Kurly operator secures W67b investment
Samsung's cooktops get high scores from U.S. Consumer Report
Two Samsung Group affiliates sell stake in Samsung C&T
KT ties up with firm behind Apple’s Siri for car infotainment systems
Samsung unveils triple-lens smartphone Galaxy A7
Parliament passes bill easing regulations on internet-only banks
Hanon Systems to acquire Magna’s fluid pressure and controls biz
September 26, 2018
