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Seoul-based Fides Investment Management said on Oct. 10 it plans to launch a Vietnamese corporation after buying a controlling stake in Hanoi-based Thang Long Investment Management. It will become t...
Leveraged buyout tactics for mergers and acquisitions of listed companies in South Korea have triggered 34 cases of unfair practices in the wrong hands over the past five years, which swindled retail...
South Korea’s financial watchdog said Oct. 1 that commercial banks are responsible for the recent fiasco surrounding derivatives-linked securities products that put investors at risk of losing a comb...
South Korea’s initial public offering market is expected to gather ground in the fourth quarter as several large companies are seeking to make debuts on the local stock market, according to industry ...
South Korean companies’ stock and bond sales dropped 14.7 percent on-month in August, hit by a modest decline in sales of corporate bonds, data showed Sept. 30. Local companies raised a combined ...
The chief of South Korea’s central bank recognized the country’s challenges in achieving its modest 2.2 percent economic growth pace target for this year, but denied the possibility of deflation. Wh...
Lending rates on fresh bank loans dropped to new lows in August, central bank data showed Sept. 26. The average interest rate on fresh loans extended to households came to 2.92 percent in the mon...
Accumulated peer-to-peer loans in South Korea have surpassed 6 trillion won ($5 billion), data showed on Sept. 26. Outstanding P2P loans extended by 220 companies stood at 6.2 trillion won in Jun...
Seoul-based Hanwha Asset Management said on Sept. 25 that its Singaporean unit had gained regulatory approval for a public fund management business. The funds will focus on a portfolio ranging from ...
JB Financial Group said Sept. 24 it has moved to infuse South Korean cultural identity in its marketing schemes for Phnom Pehn Commercial Bank, a JB’s affiliate. To execute the plan, it has recentl...
South Korea’s state-run Industrial Bank of Korea officially launched its Indonesian unit on Sept. 19, the bank said on Sept. 20. “Based on the capabilities we have built on for the last 58 years, we...
South Korea will set up a fund of 300 billion won ($252 million) to help channel more funds into fintech firms, the head of the financial regulator said Sept. 18. Financial Services Commission Ch...
Investments supported by so-called robo advisors, or computer programs that make financial decisions, outperformed the overall market in South Korea last month, when the local stock market remained b...
SK Holdings, the holding company of the country’s energy-to-telecom-focused SK Group, said on Sept. 10 it plans to launch a $1 billion investment fund with the Korean Teachers’ Credit Union next mont...
Real estate trust firms in South Korea saw their combined net profit fall 7.7-percent on-year in the first half, data showed on Sept. 10. The combined net profit of 11 real estate trusts stood at...
Russia approves HDC’s Asiana takeover, final stage for merger deal cleared: HDC
Hyundai Mobis invests W25b in US tech funds for future mobility
Korean PEF inches closer to KDB Life acquisition
Authorities to expand local companies’ access to financial database
Kakao Pay Securities highlights fun factor in stock trading
Watchdog urges full compensation for damages from ponzi-involved Lime fund
Seoul emerges top 20 in global startup ecosystem report
FSS finds no proof on alleged hacking attempts of Toss: sources
July 08, 2020
