-
Kyobo Life shareholder feud intensifies on unfulfilled IPOMoneyJan 21, 2021A foreign investor group of South Korea-based Kyobo Life Insurance is in hot water as its plan to exit from the insurer faces a setback after an indictment of its officials, while its demand for an i... -
Mirae Asset picked as lead manager of pension fund investment poolMarketsJan 20, 2021South Korean asset management firm Mirae Asset Global Investments is poised to become a lead manager of the state-supervised investment pool of 63 Korean pension funds, according to the government on... -
KB Asset closes W220b ESG bond fundMoneyJan 20, 2021Seoul-based investment firm KB Asset Management said Wednesday it had closed a 220 billion won ($200 million) bond-investing private fund in order to embolden its focus on environmental, social and g... -
Ruane, Cunniff & Goldfarb unloads stake in Shinyoung SecuritiesMoneyJan 19, 2021US-based investment adviser Ruane, Cunniff & Goldfarb has unloaded a 5.5 percent stake in Korea‘s brokerage house Shinyoung Securities, a regulatory filing showed Tuesday. The New York-based firm’s ... -
Korean lenders to muster up $3b for SK hynix’s global investmentMoneyJan 19, 2021A group of South Korean lenders pledged on Tuesday to earmark a combined $3 billion over the next five years to spur global investment into local semiconductor maker SK hynix as part of the nation’s ... -
Court ruling on Samsung heir adds to stock woesMarketsJan 18, 2021South Korea’s stock market was dealt a further blow following a conviction of Samsung group heir apparent Lee Jae-yong on Monday, with large-cap stocks posting bigger losses. This comes as a recent ... -
KKR's Asia fund underscores hope for real asset recoveryMarketsJan 15, 2021The announcement of two fund closures by US investment firm KKR this week highlighted its anticipation for real asset recovery in the Asia-Pacific region, including South Korea. KKR on Wednesday clo... -
BNP Paribas to exit from asset management joint venture with ShinhanMoneyJan 15, 2021France-based BNP Paribas Asset Management Holding is set to divest its entire stake in its South Korean joint venture with Shinhan Financial Group, the Korean banking group said Friday. Shinhan BNP ... -
Virus, scandals slow Korean private fund growthMarketsJan 14, 2021The coronavirus pandemic and a series of hedge fund turmoils last year have impeded the growth of private funds managed by asset management companies in South Korea, data showed Thursday. According ... -
NPS vows to beef up overseas investment through reshuffleMoneyJan 13, 2021South Korea‘s public pension scheme, the National Pension Service, pledged Wednesday to add resilience to its capital deployment to overseas assets through a structural reorganization. Through the r... -
Demographic shifts urge Korean insurers to adapt: Moody’sEconomyJan 13, 2021The looming demographic shifts in South Korea are forcing domestic insurers to turn to new growth drivers, as the companies are likely to face flagging sales of their mainstream products and underwri... -
Kospi touches 3,000 points with retail investors’ buying bingeMarketsJan 6, 2021South Korean retail investors, who have been on a buying spree in recent months, brought benchmark indexes to fresh highs during intraday trading Wednesday. The Kospi touched 3,000 points for the fi... -
NPS to oppose Korean Air’s capital increase schemeMoneyJan 5, 2021South Korea’s public pension fund the National Pension Service said Tuesday it would vote against Korean Air’s plan to issue new common shares, which is deemed pivotal to the planned takeover of debt... -
Stocks extend record rally for 6 trading daysMarketsJan 5, 2021South Korea’s stock market rallied Tuesday as investor appetite for equities in one of the world’s fastest-growing bourses continued to gain momentum. The Korea Exchange’s main board Kospi jumped 1.... -
Stock rally nears turning point as Kospi market cap tops W2,000trMarketsJan 4, 2021Stock analysts began to look for signs that the current bull market will end its run, as stocks in South Korea got started the year strongly on Monday, setting yet another all-time high on the first ...
MOST POPULAR
-
01LG mulls exit from smartphone market
-
Biden takes office as 46th president of the US02
-
03Gyeonggi residents, including foreigners, to receive COVID-19 relief
-
Social distancing likely to persist through the year, says health minister04
-
05New virus cases in 400s for 2nd day amid downward trend
-
LG Group chief is richest Korean under 5006
-
07Two Koreas look toward new relationship with Biden
-
Korean language test for foreigners to take place 3 times abroad in 202108
-
09‘Child abuse is still a family matter, not a crime, in Korea’
-
Biden says will 'repair alliance,' lead world by power of example10