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[THE INVESTOR] JB Financial Group on Dec. 19 appointed Kim Ki-hong, head of JB Asset Management, as its new chairman, whose three-year term will be approved at a shareholders meeting planned in Marc...
[THE INVESTOR] Hana Financial Group said on Dec. 29 it has set up a corporate venture capital unit focusing on information technology and health care. Its 12th subsidiary Hana Ventures plans to kic...
[THE INVESTOR] JB Financial Group said on Dec. 14 it has signed a strategic partnership with CIMB Niaga, the Indonesian commercial bank and unit of Malaysian banking giant CIMB Group, to introduce i...
[THE INVESTOR] The National Pension Service’s adoption of a stewardship code in July and increasing activities by local activist funds are likely to boost shareholder returns and optimization of cor...
[THE INVESTOR] Woori Bank said on Dec. 13 it will set up a fund of 300 billion won (US$266.50 million) to help channel more money to innovative firms. The bank will launch the fund next year and...
[THE INVESTOR] Mirae Asset Global Investments said on Dec. 12 that its business in India has topped 4 trillion won (US$3.54 billion) in assets under management, almost doubling this year. The compa...
[THE INVESTOR] Kyobo Life Insurance said on Dec. 11 it will push to be listed on the country’s main bourse in the second half of next year. During a regular board meeting, Kyobo made the decisio...
[THE INVESTOR] Korean commercial banks are speeding up their overseas expansion as they seek new opportunities, with the latest data on Dec. 10 indicating that they are successfully ramping up their...
[THE INVESTOR] Kakao Bank said on Dec. 3 it has unveiled a passbook for members of mobile communities and group communication. An administrator of a mobile community can open a passbook that can...
[THE INVESTOR] Contrary to widespread belief, accounting is subjective and involves judgments that are sensitive to the context. And excessive interference by financial regulators could lead to unin...
[THE INVESTOR] The market capitalization of Korea’s top 10 listed business groups declined nearly 20 percent on-year as of Nov. 23 amid bearish market sentiment, the country’s stock operator said on...
[THE INVESTOR] UK-based fund Hermes Investment Management disclosed on Nov. 23 that it owns slightly more than 5 percent in Korean Iron and Steel Co. By acquiring a 5.03 percent stake in KISCO,...
[THE INVESTOR] Korea’s Mirae Asset Management said on Nov. 21 it has acquired a wholly foreign-owned enterprise license in China, stepping up its efforts to make a foray in the world’s second-larges...
[THE INVESTOR] Woori Bank said on Nov. 21 it plans to boost financial support for midsized companies with high growth potential over the next four years to help them develop technologies and tap ove...
[THE INVESTOR] The financial watchdog said on Nov. 20 it has developed an artificial intelligence platform to help people spot text message scams. The platform was jointly developed by Kookmin B...
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
