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[THE INVESTOR] Ongoing peace gestures involving North Korea could have positive impacts on South Korea’s equity markets, though global woes would limit their upward momentum, a global investment ban...
[THE INVESTOR] Government-run Industrial Bank of Korea will acquire stake in a second Indonesian bank, Bank Mitraniaga, as it seeks to set up operations in the country this year, the company said on...
[THE INVESTOR] Analysts said it was rough three months for Korea’s financial groups. Some have been under severe criticism due to hiring scams, triggering an unprecedented level of oversight from th...
[THE INVESTOR] Woori Bank said on April 20 net profit reached a record high in the first quarter on the back of the growth in interest margins. Net profit stood at 589.7 billion (US$514.50 milli...
[THE INVESTOR] It seems to be the season for stepping back. Kim Yong-hwan, the incumbent chairman of Nonghyup Financial Group said on April 19 that he would not seek to renew his term a third time. ...
[THE INVESTOR] Korean mortgage payments have risen modestly due to rising market interest rates, data showed on April 17. Annual mortgage rates charged by major commercial banks, including KB Ko...
[THE INVESTOR] On April 16 -- just 15 days since he took office -- Financial Supervisory Service Gov. Kim Ki-sik stepped down on, and President Moon Jae-in accepted his resignation. “The president ...
[THE INVESTOR] The head of the Financial Supervisory Service on April 13 called for asset management companies to do more to regain the confidence of investors and make better investment returns. ...
[THE INVESTOR] Investment deals by Korea’s private equity funds jumped 39.3 percent on-year in 2017, government data showed on April 11. Local private equity groups invested 12.4 trillion won (U...
[THE INVESTOR] Korea’s national pension operator reported losses in its stock investment in the first quarter this year, a market research firm said on April 11. The value of 302 company stocks ...
[THE INVESTOR] Samsung Securities CEO Koo Sung-hoon on April 11 denied rumors that the brokerage could have issued “ghost stocks” even before the latest fiasco involving its 16 employees who sold 5....
[THE INVESTOR] Samsung Securities has decided to charge 16 employees with billions of won in losses following their massive sell-off of stocks that were mistakenly wired to them last week, according...
[THE INVESTOR] Mounting suspicions over the integrity of the newly appointed financial watchdog chief is adding a burden on the Moon Jae-in administration, which has vowed to eradicate “accumulated ...
[THE INVESTOR] A labor union of South Korean bank employees is demanding bank branches here close during lunchtime in forthcoming collective bargaining talks. The Korean Financial Industry Union wa...
[THE INVESTOR] The Financial Services Commission said on April 9 it will inspect three commercial banks to check whether they are complying with guidelines against suspected money laundering linked ...
EosBLACK platform offers ICO alternative
Contract dispute between Reyon and ViroMed deepens
Schindler claims W300b from Korean government over Hyundai Elevator
Woori Bank’s net profit jumps 19 percent to 11-year high in H1
Uniqlo’s sister brand GU to enter Korea in September
Neptune, Dunamu & Partners invest in blockchain gamemaker Memory
Korea’s top institutional investor eyes realty in major US cities
Woori Card to boost capital in microfinance subsidiary in Myanmar
July 21, 2018
