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[THE INVESTOR] Korea’s peer-to-peer lending market is likely to get a boost from a government decision to lower the tax rate on interest income from such loans temporarily, industry sources said on ...
[THE INVESTOR] Korea’s corporate credit card spending climbed nearly 11 percent on-year in the second quarter of the year, a trade association said on July 31. Spending came to 39.4 trillion won...
[THE INVESTOR] KB Kookmin Bank said on July 30 it has acquired a 22 percent stake in Bank Bukopin of Indonesia, making it the second-largest shareholder of the lender. With the acquisition, KB K...
[THE INVESTOR] Korea’s health and welfare minister said on July 30 that the National Pension Service will actively exercise its voting rights in companies that damage their corporate values. The...
[THE INVESTOR] Korea’s financial regulator on July 27 ordered Samsung Securities to suspend part of its operations for six months as punishment for its dividend payout error, while taking action aga...
[THE INVESTOR] The state-run Industrial Bank of Korea said on July 26 that its net profit rose 17.2 percent on-year in the first half, thanks to a sharp decline in loan-loss provisions. Net prof...
[THE INVESTOR] Lotte Data Communication will be listed on Korea’s main bourse this week, through which the IT firm seeks innovation and more opportunities abroad, market officials said on July 26. ...
[THE INVESTOR] NongHyup Financial Group said on July 26 its net profit jumped 61.8 percent in the first half from a year earlier, thanks to a rise in interest income and lower loan-loss provisions. ...
[THE INVESTOR] Kakao Bank, Korea’s second internet-only bank, said on July 26 it will push to go public in two years to raise funds for future growth. The plan was announced during a media brief...
[THE INVESTOR] Korean companies’ equity and debt sales rose 6.3 percent in the first six months of the year, thanks to a rise in sales of corporate debts and rights issues, government data showed on...
[THE INVESTOR] JB Financial Group said on July 26 Moody’s Investors Service has upgraded the credit outlook of its banking unit Jeonbuk Bank to reflect its improved asset quality and capitalization....
[THE INVESTOR] The number of employees at financial firms has been slashed by some 10,000 in the past three years, data showed on July 25. According to the data from corporate tracker CEO Score,...
[THE INVESTOR] Shinhan Financial Group recorded a better than expected net profit in the first half of the year but failed to reclaim its top position from KB Financial Group. The financial group r...
[THE INVESTOR] Korean listed companies’ rights issues jumped 71 percent in the first-half of 2018 from a year earlier, data showed on July 24. A total of 197 companies listed on the main KOSPI mark...
[THE INVESTOR] The issuance of asset-backed securities in Korea slid 22.5 percent on-year in the first-half of this year due to a sharp decline in sales of government-led mortgage funds, data showed...
Tinder, not just a dating app in Korea
Sandbox Network aims to go public by 2021
Activist fund to be more involved in Hanjin’s management
Unison Capital inches closer to selling Gong Cha Korea
Money20/20 Asia to include Token Day
Hana Financial kicks off in-house venture projects
Kakao Pay, KT to take part in govt’s Zero Pay
Yanolja hires former Tesla Motors Korea chief
January 23, 2019
