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19 Korean firms maintain stable operating profit since 2000: data

Nearly 20 South Korean firms have posted stable operating profits consecutively on a quarterly basis since 2000, data compiled by a local corporate tracker showed Wednesday, reflecting their ability ...

Sept 18, 2019
Mirae Asset Daewoo included on DJSI for 8th consecutive year

South Korea’s Mirae Asset Daewoo appeared on the Dow Jones Sustainability World Index last week for the eighth consecutive year in recognition of its sustainable management efforts, the company said ...

Sept 18, 2019
S. Korea’s oil stocks fluctuate after Saudi strikes

Shares of South Korean oil-related businesses posted mixed performances Tuesday, in the wake of Saudi Arabia’s decision to shut down nearly half of its oil production after a series of drone strikes ...

Sept 17, 2019
Robo-advisers outperform in bear market: data

Robo-advisers, or digital algorithm-based wealth management services provided by investment firms, outpaced major indexes here last month, reflecting their ability to build a strong portfolio amid a ...

Sept 17, 2019
[Graphic News] S. Koreans hold W61.5tr in overseas accounts

South Korean individuals and corporations held a combined 61.5 trillion won ($51.5 billion) worth of wealth in overseas accounts this year, down 7.4 percent from a year earlier, the country’s tax ag...

Sept 16, 2019
Samsung F&M Insurance launches long-term disability insurance

Samsung Fire & Marine Insurance said Monday it was granted a six-month exclusive license to offer long-term disability insurance in South Korea, making the firm the first to provide such a policy wit...

Sept 16, 2019
YG to return W67b investment to LVMH

YG Entertainment -- recently shaken by a police investigation into its former CEO Yang Hyun-suk -- is expected to return an investment worth 67 billion won ($56.5 million) related to redeemable conve...

Sept 16, 2019
S. Korean hedge funds see steady growth this year

South Korea's homegrown hedge funds continued to soak up money while viable investment vehicles remain few in number, data showed on Saturday. Hedge funds here pulled in 600 billion won (US$509 mill...

Sept 14, 2019
Korea Exchange to go paperless from next week

South Korea's stock exchange will introduce an electronic securities system next week, under which all listed stocks and bonds do not exist in paper form, according to the country's financial regulat...

Sept 14, 2019
Mirae Asset buys 15 premium hotels in US

Asset manager marks presence as frontrunner in overseas real estate investing

Sept 11, 2019
Korean brokerages see record-high H1 net profit

The combined net profit of South Korea’s major brokerages for the first half of the year inched up 5.7 percent on-year, data released by the Financial Supervisory Service showed Tuesday, marking a ne...

Sept 10, 2019
Samsung BioLogics stocks buoyed by top court decision

In the hours following the South Korean Supreme Court’s decision to reject an appeal by the Financial Service Commission on imposing disciplinary actions on Samsung BioLogics, the biopharma firm’s st...

Sept 10, 2019
KDB-Eximbank merger needed for better policy financing: KDB chief

KDB chief brings M&A scenario to table, lashes out at GM Korea union strike

Sept 10, 2019
8 firms fined 3.1 bln won over price fixing

South Korea's antitrust regulator said Monday it has fined eight logistics companies a combined 3.1 billion won ($2.6 million) for colluding to fix their bidding prices for a state-run utility firm a...

Sept 9, 2019
Credit card firms' H1 net dips on decline in commission fees

South Korea's credit card firms saw their combined earnings fall in the first half, hit by a decline in credit card processing fees, data showed Monday. The combined net profit of eight card issuers...

Sept 9, 2019

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