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South Korea’s personal pension savings rose 4.9 percent last year from a year ago, thanks to robust demand for nest eggs after retirement, data showed on April 9. The nation’s personal pension sa...
The number of South Koreans who filed for a personal debt bailout program rose in the first quarter, data showed on April 8, as the nation’s economy slows down over weak investments, global trade dis...
The chief of South Korea’s financial supervisory body on April 5 stressed “inclusive finance” and “responsible innovation” as the key drivers of its regulatory oversight this year as the country prep...
The financial watchdog said on April 2 it will encourage some insurers to raise more capital this year as the nation’s insurance industry prepares to adopt stricter global accounting rules. Under...
Household lending extended by South Korea’s major banks continued to rise in March, with loans for self-employed businesses showing marked growth, market data showed on April 2. The country’s fiv...
South Korea’s nine financial holding firms saw their combined net profit rise 6.8 percent on-year in 2018, helped by a solid gain in interest income, data showed on April 1. The combined net prof...
South Korean savings banks’ loans extended to self-employed businesses spiked more than 30 percent in the fourth quarter of last year, data showed on April 1. Lending for self-employed extended b...
The number of South Korean firms that have delayed the filing of their annual reports this year nearly doubled compared to last year, data released by the nation’s main bourse operator showed, in a p...
South Korea’s credit card firms saw their combined earnings rise 12.3 percent in 2018, helped by increased card usage and higher income from loans, the financial regulator here said on March 28. ...
South Korea’s internet banking service rose at a fast clip last year with the number of daily transactions, and total value, reaching record highs, central bank data showed on March 28. The numbe...
South Korea’s five major financial holding companies vowed on March 27 to expand their capital spending to better support innovative growth among smaller firms. Under the plan, the five entities ...
The state Export-Import Bank of Korea said on March 27 it has provided a payment guarantee for 70 million Singapore dollars ($51.73 million) worth of bonds issued by CJ Logistics’ unit in the country...
Real estate trust firms in South Korea saw their combined net profit edge up in 2018, data showed on March 26, amid signs of an adjustment in the property market. The combined net profit of 11 re...
A senior financial regulator on March 26 called for financial firms to improve their internal control systems and governance structures, citing various risks that could weaken the nationa’s financial...
BNP Paribas, France’s biggest bank, will strive hard to promote its sustainable finance in South Korea as it seeks to arrange more funds for projects that make a positive impact on the environment an...
S. Korea considering imposing 20% tax on cryptocurrencies
Alien Robot shows glimpse of future with robotic arm
Self-driving cars with lidar tech likely to hit Seoul roads soon
Samsung to acquire US network service provider
Goldman Sachs, SK to invest W50b in eco-friendly cold chain logistics center
[New Analysis] Can Delivery Hero-Woowa deal reshape Korea’s food delivery market?
Tada now available for foreign phone numbers, credit card holders
DuPont to invest $28m in S. Korea to build material production line
January 20, 2020
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