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[THE INVESTOR ] Hana Financial Group announced on Feb.1 that it has recorded a record high net profit in 2018 on the back of solid interest income. Net profit of the major Korean banking group stoo...
[THE INVESTOR] JB Financial Group reported a record high net income last year, backed by increased earnings from interest and cost-saving efforts, the group said on Jan. 29. The group recorded 321...
[THE INVESTOR] Korea’s four major cryptocurrency exchanges have joined forces to tackle money laundering via the digital currency market, sources here said on Jan. 28. The four entities -- Bithu...
[THE INVESTOR] Hana Financial Group announced on Jan. 21 that it has kicked off two projects on its in-house venture platform. Korea’s third-largest financial group in terms of net profit has been ...
[THE INVESTOR] Korea’s KB Kookmin Bank and Shinhan Bank held nationwide meetings to review and recognize last year’s business performance and set fresh operational strategies for 2019, as the countr...
[THE INVESTOR] Korea's antitrust watchdog said on Jan. 20 that it has fined four foreign banks 693 million won (US$618,000) for fixing the prices of foreign exchange derivatives and selling them to ...
[THE INVESTOR] Korea's state-run pension fund suffered valuation losses from its investment in the country's 10 major conglomerates due to declines in their stocks, data showed on Jan. 20. The Nati...
[THE INVESTOR] Mirae Asset Capital and internet giant Naver have decided to invest 56 billion won (US$50 million) in Indonesian e-commerce startup Bukalapak, seeing its great potential, according to...
[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...
Samsung to ramp up Galaxy Fold production
Woongjin defers final bid for Coway to Oct.
Sae-A to acquire fiberboard maker Tailim Packaging
Video-streaming war heats up in S. Korea
YG faces W6b tax penalty as Burning Sun scandal unfolds
Aveva to upgrade integrated industrial software in digital push
Ghost Kitchen secures additional W9.2b
Medytox invests in US startup LifeSprout
September 19, 2019
