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K bank is working to resume its operations in July after a monthslong hiatus due to liquidity problems, according to industry insiders on June 9. South Korea’s first internet-only bank recently ann...
South Korea’s investment firm Mirae Asset Global Investments said on June 3 it is eyeing its first initial public offering for its real estate investment trust followed by a listing on the nation’s m...
South Korean social casino game developer and publisher DoubleDown Interactive is seeking to get listed on the tech-heavy Nasdaq bourse in the United States, according to its prospectus on June 3. F...
Tension mounted on June 2 as executives of Hana Financial Group joined the legal battle against financial authorities for imposing penalties over the misselling of risky derivatives-linked financial ...
South Korea’s biotech firm SCM Lifescienc said on June 1 it has decided to lower its initial public offering price range to attract more investors for its market debut this month on the tech-heavy Ko...
The rate of bailout funds recouped from companies that borrowed from the government since the 1997 Asian financial crisis rose 0.1 percent in the first quarter to 69.3 percent, the country’s financia...
The South Korean music label behind K-pop sensation BTS has filed for a preliminary review for an initial public offering, according to the nation’s stock market operator Korea Exchange (KRX) on May ...
South Korean listed companies‘ dividend payouts slipped nearly 2 percent in 2019 from a year earlier amid a business slump, data showed on May 27. Cash dividends paid out by 1,094 firms listed o...
Buttressed by the buying spree of retail investors and expansion of liquidity, South Korea’s stock market recovered to the psychologically important 2,000-point mark, rebounding faster than other maj...
South Korean financial giant Mirae Asset Group is likely to resume its drive to launch a mega-sized investment bank as authorities on May 27 decided not to request a prosecutorial probe for conducti...
One Equity Partners, a spinoff of JPMorgan dedicated to middle market investment, is reportedly looking to unload part of its stake in South Korea’s drug distributor Celltrion Healthcare through a bl...
Acleda Bank, the biggest commercial bank in Cambodia, said Monday it was listed on the Cambodia Securities Exchange in which the Korea Exchange (KRX) has invested. The Cambodian bank had assets of $...
State-run lender Industrial Bank of Korea and its New York branch have been fined $86 million by the Attorney General’s Office for allegedly failing to manage their anti-money laundering program, doc...
South Korean stocks opened higher on May 21 on encouraging news about another candidate vaccine for the new coronavirus, or COVID-19, in the US. Extending gains for the fifth consecutive day, the n...
South Korea’s construction equipment maker Doosan Bobcat is under credit pressure as its US subsidiary Clark Equipment is looking to leverage $300 million via five-year senior secured notes in May, f...
Watchdog orders banks to compensate investors for damages from Lime misselling
National Pension Service gains W72tr for 2020
Provisioning, relief measures to support S. Korean banks’ performance: Fitch
Once-hot P2P lending industry faces tough road ahead
SK Bioscience seeks up to W1.5tr in blockbuster IPO
S. Korean unicorns take big leap with greater global presence
[News Focus] Power struggle? FSC, BOK bicker over revision of payment settlement law
US-based NeoImmuneTech eyes W96b IPO in Korea