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[THE INVESTOR] Savings banks in Korea reduced their lending rates in June, industry sources said on July 24, amid regulators’ pressure to abstain from charging borrowers exorbitant interest. The...
[THE INVESTOR] Kakao Bank, Korea’s second internet-only bank, has posted rapid growth in its customer base and assets since its launch a year ago to overtake the country‘s smallest regional lender, ...
[THE INVESTOR] Swiss elevator manufacturer Schindler Group, which is the second-largest shareholder of Hyundai Elevator, has launched a legal claim seeking at least 300 billion won (US$264 million) ...
[THE INVESTOR] KB Financial Group appears to be maintaining its position as the most profitable financial group in Korea in the second quarter, while its rival Shinhan Financial Group is trying to r...
[THE INVESTOR] Woori Bank posted a net profit of 1.31 trillion won (US$1.15 billion) in the first half of the year, an 11-year record, the bank said on July 20. The figure, which is higher than mar...
[THE INVESTOR] KB Financial Group said on July 19 its net profit fell 4.4 percent in the second quarter from a year earlier due to a base effect. Net profit stood at 946.7 billion won (US$835.50...
[THE INVESTOR] The Bank of Korea said on July 19 that it has chosen 31 local and foreign financial institutions allowed to participate in the central bank’s open market operations starting next mont...
[THE INVESTOR] Korea’s top institutional investor Public Officials Benefit Association plans to invest 200 billion won (US$177 million) in commercial properties in nine major US cities, including Ne...
[THE INVESTOR] Woori Card, the credit card unit of Woori Financial Group, plans to recapitalize its subsidiary in Myanmar as it bets on high growth potential in one of the fastest growing Southeast ...
[THE INVESTOR] National Pension Service, the world’s third-largest pension fund operator, on July 17 unveiled a draft of the stewardship code which excludes its direct involvement in management acti...
[THE INVESTOR] JB Financial Group’s full ownership of Kwangju Bank will be a boon for its stock price, which has struggled to gain traction despite the banking unit’s upbeat earnings in recent years...
[THE INVESTOR] NongHyup Financial Group is projected to record more than 1 trillion won (US$885 million) in net profit this year, backed by its banking and securities units, analysts said on July 16...
[THE INVESTOR] K Bank, Korea’s first online-only challenger bank, has come under financial pressure over its failure in capital increase through issuing new stocks as pledged in May. By July 12, K ...
[THE INVESTOR] Hong Kong has long been a financial hub in Asia but it is now seeking investment to nurture innovative technologies such as artificial intelligence and robotics, said the head of an i...
[THE INVESTOR] Korea‘s national pension fund operator is expected to avoid investments in “bad companies” that do not meet its employment, governance and environmental protection standards, financia...
Tinder, not just a dating app in Korea
Sandbox Network aims to go public by 2021
Activist fund to be more involved in Hanjin’s management
Unison Capital inches closer to selling Gong Cha Korea
Money20/20 Asia to include Token Day
Hana Financial kicks off in-house venture projects
Kakao Pay, KT to take part in govt’s Zero Pay
Yanolja hires former Tesla Motors Korea chief
January 23, 2019
