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South Korea’s financial authorities on Sunday unveiled plans to tighten regulations on privately pooled funds to protect investors, as an embezzlement case surrounding disgraced Lime Asset Management...
South Korean genetic technology firm Solgent has picked local brokerage Mirae Asset Daewoo as an underwriter for its initial public offering, buoyed by sales of its diagnostic kits for the novel coro...
JB Financial Group, a local banking group has completed an acquisition of a Vietnam-based brokerage previously owned by global investment bank Morgan Stanley, as part of its effort to make inroads in...
The state-run Industrial Bank of Korea agreed to pay $86 million (100 billion won) to the the US authorities in penalties over illegal cash transfer to Iran, the bank said on April 21. As part of i...
Amid concerns building over risks of individual investors seeking short-term profits, a local expert said Monday that the latest buying trend will likely result in great success in the long run. “R...
Seoul-based global startup accelerator SparkLabs said on April 13 it has joined hands with nonbanking lender Shinhan Capital to create a 10.1 billion won ($8.28 million) fund to support early-stage ...
Facing a looming liquidity crunch due to the coronavirus crisis, South Korean companies have sold off their assets, including real estate and equities, to keep enough cash in their vaults, according...
South Korean brokerages are on high alert as funds related to foreign real estate -- and their direct investment in property ownership abroad -- are likely to suffer losses under the intensifying pan...
Ion Investments, an affiliate of Singaporean investment firm Temasek Holdings, sold millions of shares of South Korea’s biosimilar giant Celltrion and its distribution affiliate Celltrion Healthcare ...
US investment house BlackRock Fund Advisors has offloaded its 1.01 percent stake in South Korea’s game software developer NCSoft to cash out 129.57 billion won ($105.1 million), a filing showed on Ap...
South Korea‘s brokerage houses are expected to take a breather from financial woes, triggered by the recent rout in risky structured products that placed their heavy bets on foreign stock benchmark i...
South Korea’s state pension fund said on March 25 that it will take a final stance Thursday on the family feud centering on management control of Hanjin KAL, holding company of Hanjin Group which run...
South Korean stocks rebounded sharply Tuesday as investors were buoyed by the US Federal Reserve’s overnight announcement of unlimited bond-buying to tackle the economic slowdown due to coronavirus s...
Highly volatile exchange rates and dampened investment sentiment around the world are now posing challenges to South Korea’s asset management firms, which have been accelerating their expansion into ...
Despite a six-month ban on short selling of stocks, foreign investment banking houses remain dominant players betting on falling prices of South Korean shares, raising hackles for the stock market vo...
SK Group retains CEOs, delays decision on chairman’s brother
[Herald Interview] Do you have a best friend at the office? Human connection crucial for work efficiency, says behavioral scientist
#2nd urea crisis? Four metals China can weaponize against EV battery firms
Drug Ministry cancels approval of 6 botulinum products
Posco Chemical enters US EV battery market via GM joint venture
Korea to foster 89,000 more software talents by 2025
Incheon Airport’s debt ratio nears 70% over plunging travel demand
’Political blessing’ needed to launch EARC
December 04, 2021
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