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![[M&As Weekly] Infection slowdown pushes deal closures, new bids](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/05/10/20200510000217_0.jpg)
[M&As Weekly] Infection slowdown pushes deal closures, new bidsMay 10, 2020The mergers and acquisitions scene in South Korea remains relatively vigorous, as small and medium-sized enterprises are looking for more chances to cash out assets amid the continued COVID-19 threat... -
SK affiliate to acquire Young City office complex for W545.8bMay 7, 2020An affiliate of Korean real estate developer SK D&D is poised to acquire the Young City office building complex for 545.8 billion won ($444.6 million), a regulatory filing showed Thursday. A real es... -
FSC to foster senior-friendly ‘untact’ financial servicesMay 5, 2020South Korea’s financial authorities said Tuesday they plan to set detailed guidelines on non-face-to-face services -- recently labeled “untact.” As part of its efforts to help seniors adapt to digit... -
S. Korea plans extra emergency loans to virus-hit small businessesMay 5, 2020South Korea’s top financial watchdog announced Tuesday it plans to launch the second round of an emergency loan program worth 10 trillion won ($8.2 billion) from May 18 in a bid to financially suppor... -
FSC to receive applications for digital finance MBA programMay 5, 2020The Financial Services Commission said Tuesday that it will start receiving applications for its part-time MBA program focused on digital finance from May 15. The program, slated to launch in Septem... -
Mirae Asset drops $5.8b US hotel deal as litigation escalatesMay 4, 2020Mirae Asset Global Investments, the asset management arm of Korean financial group Mirae Asset, said Monday that it scrapped a $5.8 billion deal to acquire 15 luxury hotel properties in the United St... -
Lotte chief likely to push for Hotel Lotte IPO to win power struggleMay 4, 2020Lotte Group Chairman Shin Dong-bin is likely to accelerate the initial public offering of its subsidiary Hotel Lotte to consolidate his grip on the multinational group’s South Korean entities amid a ... -
US-based Psomagen eyes at least W57.5b IPO in KoreaApr 29, 2020Psomagen, a US company dedicated to genome sequencing technology and DNA testing, said Wednesday it looks to raise at least 57.5 billion won ($47.2 million) in an initial public offering on the Korea... -
Mirae Asset faces legal battle over $5.8b hotel dealApr 28, 2020Korean firm counters Anbang on unfulfilled ‘prerequisites,’ denies capital financing concerns -
KDB, K-Growth vow W2.5tr growth capital with 18 partnersApr 28, 2020Policy lender Korea Development Bank and fund-of-funds investment firm Korea Growth Investment Corp. said Tuesday they have selected 18 external partners to inject a total of 2.5 trillion won ($2.05 ... -
Koramco closes W134b fund to invest in pre-IPO REITsApr 28, 2020Korean real estate investment firm Koramco Asset Management said Tuesday it has signed a combined 134 billion won ($109.5 million) in commitments to its two blind-pool funds to capitalize on the pote... -
SK hynix, LG, KB Financial recognized for climate change effortsApr 28, 2020The South Korean division of the Carbon Disclosure Project awarded prizes to local companies in recognition of their efforts to fight climate change, at a ceremony held Tuesday. The 2019 CDP Korea A... -
Woori Financial Q1 profit down 8.9% on loan-loss provisionsApr 27, 2020Woori Financial Group Inc., a major South Korean banking group, said Monday its first-quarter net profit fell 8.9 percent on-year due to loan-loss provisions. Net profit stood at 518.2 billion won (... -
KB Kookmin Card to acquire Thai lender in $20m dealApr 27, 2020Seoul-based consumer loan provider KB Kookmin Card said Monday that it had signed a deal to buy a controlling 50.99 percent stake in J Fintech, a Thailand-based personal loan provider, for 650 millio... -
![[Feature] Teenage BTS fans swindled by financial frauds](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/03/05/20200305000443_0.jpg)
[Feature] Teenage BTS fans swindled by financial fraudsApr 27, 2020Online scams raise importance of early education on safe financial transactions
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01[Feature] ‘Lost decade’ possible for South Korea as employment prospect dims among young job seekers
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03Korea’s COVID-19 numbers fall, but risks still loom
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New virus cases over 400 again on cluster infections04
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05Beauty stores ‘battered’ by coronavirus pandemic
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Lotte, Shilla to close duty-free stores at Incheon Airport’s Terminal 1 after next month06
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07Authorities on alert as mass virus outbreak infects 127 at missionary school
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‘NK diplomat is living in South’08
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09Samsung heir Lee, prosecutors won't appeal ruling in bribery case
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