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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... -
At least W436b to evaporate from Optimus hedge fund scam: FSSMoneyNov 11, 2020The Financial Supervisory Service said Wednesday that Optimus Asset Management, a local hedge fund house involved in an alleged fraud case, has incurred at least 436.3 billion won ($393 million) in f... -
Weak dollar triggers 15 month-high foreigner influx into stock marketMarketsNov 9, 2020The weakening US dollar against South Korean won has invited the highest amount of foreign investment in Korean stocks in 15 months, data showed Monday. Foreign investors net bought Korean listed st... -
Seoul prime office transactions pick up in search of safetyMarketsNov 9, 2020Prime office transactions in South Korea’s capital city of Seoul came to 4.6 trillion won ($4.13 billion) during the third quarter of 2020, as real estate investors have searched for safety in times ... -
Investors watchful after Biden victoryMarketsNov 8, 2020With the election of Democrat Joe Biden as the next US president, investors here and abroad are paying keen attention to the impact of the outcome on the financial market. What was widely perceived ... -
Shinhan BNP Paribas draws W52b commitment to finance wind turbinesMarketsNov 5, 2020South Korea’s asset management company Shinhan BNP Paribas Asset Management said Thursday it has snapped up a combined 52 billion-won ($46 million) commitment to a new private fund to finance a wind ... -
![[KH Finance Forum] COVID-19 provides financial firms new opportunities to go digital, global](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/11/04/20201104000925_0.jpg)
[KH Finance Forum] COVID-19 provides financial firms new opportunities to go digital, globalEconomyNov 4, 2020The speech was followed by congratulatory speeches from key figures, including ruling Democratic Party Rep. Youn Kwan-suk, Financial Supervisory Service First Senior Deputy Gov. Kim Kun-ik and Europe... -
Pricey Gangnam apartments stand out as homeowners' safe havenEconomyNov 3, 2020Apartment units in southern Seoul's Gangnam-gu stood out among housing options in South Korea’s capital city in October in terms of their valuation, as they are increasingly regarded as a safe haven ...
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05Boys no longer preferred
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