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[THE INVESTOR] Prosecutors raided the headquarters of Samsung Securities on May 28 as part of an investigation into last month‘s massive dividend error by an accidental stock issuance worth over 1...
[THE INVESTOR] Korea’s non-life insurance firms saw their combined net profit fall 26.7 percent in the first-quarter of this year, according to government data on May 28. Non-life insurance firm...
[THE INVESTOR] The local branch of China Everbright Bank has applied for approval from Seoul’s financial regulator for an investment business license here, officials said on May 27. The Seoul ...
[THE INVESTOR] Local banks are planning to adopt a unified authentication certificate for online transactions in July to strengthen customers’ convenience, according to industry officials on May 27...
[THE INVESTOR] Phnom Penh Commercial Bank is fast gaining a footing in the burgeoning Cambodian banking market, with its earnings soaring since it was acquired by Korea’s JB Financial Group two ye...
[THE INVESTOR] Mirae Asset Financial Group Chairman Park Hyeon-joo is stepping down as chairman of the brokerage arm Mirae Asset Daewoo to focus on global business, the company said on May 24. Pa...
[THE INVESTOR] Local banks are vying to lure young customers by putting major K-pop acts, including BTS and Wanna One, as the face of their marketing campaign. KB Kookmin Bank is planning to introd...
[THE INVESTOR] Prosecutors said on May 24 they launched an investigation into officials of Samsung Securities over the massive dividend error in April that jolted the local financial market. The...
[THE INVESTOR] Two online-only banks -- K-bank and Kakao Bank -- were launched last year in Korea’s financial market that is dominated by traditional lenders. But their first-quarter earnings have h...
[THE INVESTOR] Financial authorities on May 23 unveiled a set of measures to allow companies to secure loans using their movable assets, including intellectual property and half-finished goods, as c...
[THE INVESTOR] The growth pace of Korea’s household credit slowed down for five straight quarters but hit a fresh record high in the first three months of the year, central bank data showed on May 2...
[THE INVESTOR] Life insurance firms in Korea saw their combined net profit decrease 21.7 percent in the first quarter, government data showed on May 23. The combined net profit of 24 local life ...
[THE INVESTOR] Woori Bank, which has announced plans to adopt a holding company system by early 2019, saw its share boosted on May 21 as investors gave their thumbs-up. Korea’s third-largest commer...
[THE INVESTOR] Korea’s sovereign wealth fund will consider canceling a contract with Elliott Management, its head said on May 17, citing conflicts of interest after the US hedge fund launched a lega...
[THE INVESTOR] Despite negative investor sentiments toward Chinese firms, another company from the country is attempting to get listed here, according to industry sources on May 17. Green Paper Mat...
L-Tree applies biometric technology to blockchain
Market Kurly operator secures W67b investment
Samsung's cooktops get high scores from U.S. Consumer Report
Two Samsung Group affiliates sell stake in Samsung C&T
KT ties up with firm behind Apple’s Siri for car infotainment systems
Samsung unveils triple-lens smartphone Galaxy A7
Parliament passes bill easing regulations on internet-only banks
Hanon Systems to acquire Magna’s fluid pressure and controls biz
September 26, 2018
