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[THE INVESTOR] Standard Chartered Bank Korea said on Jan. 17 it has secured investment worth 100 billion won (US$89.14 million) from its parent company for the first time in 11 years. During its...
[THE INVESTOR] More than 600 employees of KB Kookmin Bank have applied for early retirement, according to industry sources on Jan. 16. The employees, who account for 29 percent of the eligible work...
[THE INVESTOR] Non-financial operators of internet-only banks in Korea are gearing up to comply with a new legal framework designed to lower the regulatory bar in their ownership and spur fintech in...
[THE INVESTOR] Korea’s financial groups expect to post record profits in 2018, with KB Financial set to maintain the title as the most profitable firm for two consecutive years, according to data on...
[THE INVESTOR] Trading of South Korean shares is projected to take place within a narrow range this week amid growing concerns about a prolonged US government shutdown and the impending Brexit vote ...
[THE INVESTOR] The volume of fixed deposits at local banks marked the steepest growth in eight years in 2018, on the back of increased policy rate and the banks’ efforts to reinforce liquidity, the ...
[THE INVESTOR] The Korean fund market enjoyed an inflow of investment last week on rising demand for real estate instruments, market data showed on Jan. 13. The total value of local investment fun...
[THE INVESTOR] Uncertainty in the domestic real estate markets is triggering concerns that the snowballing contingency liabilities of local brokerages can become a reality. A contingency liability ...
[THE INVESTOR] Korea Investment & Securities has set its sights on digital transformation and creating synergies with sister companies including Kakao Bank, its newly appointed chief executive Jung...
[THE INVESTOR] The commotion surrounding a proclaimed whistleblower’s suicide note on Jan. 3 has put the spotlight on the government’s decision to cancel a prearranged 1 trillion won (US$887.08 mill...
[THE INVESTOR] KB Kookmin Bank announced on Dec.28 that it has renewed its annual commercial contract with popular K-pop boy band BTS. The band has since June endorsed BTS Installment Savings -- la...
[THE INVESTOR] Workers at KB Kookmin Bank will go on a general strike next month for the first time in 19 years, its labor union said on Dec. 28. Around 96 percent of some 12,000 unionized worke...
[THE INVESTOR] Small and medium enterprises will be subject to tougher punishment if they are found to have engaged in accounting irregularities under revised regulations, the financial watchdog sai...
[THE INVESTOR] Shinhan Bank CEO Wi Sung-ho, who recently failed to clinch his reappointment, publicly let out disappointment and shock over the company decision to replace him, indicating at possibl...
[THE INVESTOR] JB Financial Group, the sixth-largest financial group in the country, has appointed head of JB Asset Management Kim Ki-hong as its next chairman -- the first leadership change since 2...
Samsung rumored to expand US chip plants amid Japan’s trade curbs
Finda bags W4.5b series A funding to enhance paperless loan platform
Blank focuses on expanding new businesses before IPO
True Balance launches e-commerce function
Priceza CEO hopes to change Thailand’s e-commerce landscape
Stocks held by K-pop agency owners plummet
Samsung seeks to diversify smartphone display, battery suppliers
Korea to make all-out efforts to lift Japan’s export restrictions
July 22, 2019
