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K bank brings lending business back on trackMarketsDec 3, 2020South Korea‘s first mobile-only lender K bank has secured some 650,000 new users over the past five months as it showed signs of business normalization after it resumed its lending business in July, ... -
Scandal-ridden hedge fund asset transfer begins as regulator revokes licenseMoneyDec 3, 2020The transfer of assets associated with scandal-ridden Seoul-based hedge fund manager Lime Asset Management began Thursday as South Korea’s financial regulator scrapped its license to operate in Korea... -
Kakao Bank pre-IPO cost Korea Investment W142bMoneyDec 2, 2020Korea Investment & Securities board agreed to pay 142 billion won ($128.9 million) to its wholly owned subsidiary Korea Investment Value Asset Management, as Kakao Bank moves on to raise nearly a com... -
Korean Air to sell Incheon yacht marinaMoneyNov 30, 2020Korean Air Lines is inching closer to selling its yacht marina operation in Incheon to a new Korean buyer for roughly 130 billion won ($117 million). The investor group of Consus Asset Management an... -
![[Global Finance Awards] Amid pandemic, Mirae Asset Daewoo expands global footprint](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/11/26/20201126000478_0.jpg)
[Global Finance Awards] Amid pandemic, Mirae Asset Daewoo expands global footprintMarketsNov 29, 2020South Korean securities brokerage firm Mirae Asset Daewoo is expanding its global footprint as it revs up localization efforts, while its overseas business operations are setting new highs in terms o... -
Top 10 conglomerates’ market cap exceeds W1,000trMarketsNov 25, 2020The recent spate of records in South Korea’s stock market on hopes of a global coronavirus containment has brought the market capitalization of the 10 largest business groups’ listed affiliates to fr... -
ESR-controlled industrial REIT gears up for W357.3b IPOMoneyNov 23, 2020South Korea’s real estate investment trust, indirectly controlled by Hong Kong-listed real estate platform ESR, said Monday that it is gearing up for an initial public offering that will raise 357.3 ... -
Bumpy road ahead of KAL-Asiana tie-upMoneyNov 22, 2020Controversy escalated Sunday over the proposed business integration plan of South Korea’s two flag carriers -- Korean Air Lines and Asiana Airlines -- as to whether the fundraising plan of Korean Air... -
KDB says PEF-led injunction could halt KAL-Asiana mergerMoneyNov 19, 2020Top officials of the state-run lender Korea Development Bank said Thursday that the proposed merger of South Korea’s two flag carriers, Korean Air Lines and Asiana Airlines -- largely orchestrated by... -
FSC looks to increase retail investors’ chance for IPO allotmentMarketsNov 19, 2020South Korea’s financial regulator, the Financial Services Commission, is looking to invite a wider range of retail investors to get access to shares offered when a company goes public on the Korean s... -
Kakao Bank to raise W250b from Anchor Equity PartnersMoneyNov 17, 2020South Korea’s mobile-only commercial lender Kakao Bank said Tuesday that it plans to raise 250 billion won ($226 million) from Hong Kong-based private equity firm Anchor Equity Partners. Under the p... -
Pelicana-backed PEF to close W20b deal to acquire Mr. PizzaMoneyNov 17, 2020South Korea’s private equity fund backed by fried chicken franchise Pelicana Chicken is on the verge of closing a 20 billion won ($18.1 million) acquisition deal to become the biggest shareholder of ... -
Korean flag carriers eye tie-up as policy lender backs W1.8tr dealMoneyNov 16, 2020The scheme will allow KDB to use a minimum amount of state funds to shore up the liquidity of Asiana Airlines and at the same time will help Hanjin KAL maintain control over Korean Air by inducing Ha... -
Korean institutional investors turn to fast-growing private debt marketMoneyNov 15, 2020Despite the pandemic increasing the risk of doing so, institutional investors in South Korea said they would venture into unfamiliar nonbank financing bets, such as private debt funds. Representativ... -
Former deputy prime minister to head KTCUMarketsNov 11, 2020Former Deputy Prime Minister and Education Minister Kim Sang-gon will take the top post of the Korea Teachers’ Credit Union, the institution said Wednesday. Effective Thursday, Kim will serve as cha...
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01Foreign residents to get COVID-19 vaccine for free
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03New virus cases at almost 2-month low on fewer tests, infections slowdown
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Korea slightly eases social distancing rules04
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05[Feature] Death sentence looming for universities as first-ever demographic winter starts
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Samsung heir sent back to jail06
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07‘Herd immunity will be achieved by September’
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09S. Korea’s economy anticipates synergy with ‘Bidenomics’
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