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Tue, January 21, 2020 | 02:23

'Pengsoo' rocks Seoul bourse

'Pengsoo' rocks Seoul bourse

Pengsoo, an EBS-owned outspoken penguin character that has become a YouTube star, has begun exercising its influence over the nation's stock market, since investors have gone all out to look for “related” stocks, according to analysts, Wednesday.

Park Jae-hyuk | 2019-11-15 00:01

Samsung, SK hynix rank in global top 500

Samsung, SK hynix rank in global top 500

Only two Korean companies, Samsung Electronics and SK hynix, placed their names on the list of the world's top 500 companies by market capitalization, data showed Thursday. Samsung Electronics, the world's largest chipmaker and smartphone vendor, ranked 20th with a market value of $268.4 billion (314 trillion won) as of Nov. 8, up 23 notches from the end of 2010, according to...

Lee Min-hyung | 2019-11-14 17:03

Samjong KPMG becomes new auditor for KB Financial Group

Samjong KPMG becomes new auditor for KB Financial Group

Samjong KPMG has been designated as a new external auditor for KB Financial Group as part of financial authorities' regular auditor designation policy, the nation's top-tier accounting company said Wednesday. Under the system, companies are subject to external audits from accounting firms designated by regulators, such as the Financial Supervisory Service (FSS), for three yea...

Lee Min-hyung | 2019-11-13 17:12

Korea emerges as major real estate investor in Asia

Korea emerges as major real estate investor in Asia

Koreans have been emerging as major real estate investors in the Asia-Pacific with the country ranking top in alternative real estate investment in the region among other Asian nations as of September, data showed Tuesday. This is due to a mixture of government regulations to crack down on property speculation amid falling interest rates.

Lee Kyung-min | 2019-11-12 16:59

Mirae Asset solidifies lead in globalization drive

Mirae Asset solidifies lead in globalization drive

Mirae Asset Global Investments has been doing business in developed countries and emerging markets, making moves that its rivals have never made, according to the asset management unit of Mirae Asset Financial Group, Sunday.

2019-11-10 13:49

Seoul stocks set to rise on trade hopes; auto tariffs eyed: analysts

South Korean shares are expected to rise next week on lingering hopes of a partial U.S.-China trade deal, with investors eyeing a U.S. auto tariff decision, analysts said Saturday.

2019-11-09 11:34

Woori aims to become best foreign bank in Vietnam

Woori aims to become best foreign bank in Vietnam

Woori Bank has opened a branch in Da Nang, Vietnam, further expanding its presence in the Southeast Asian country, it said Friday.

Lee Kyung-min | 2019-11-08 18:12

Shinhan Card to boost cooperation with Amazon

Shinhan Card to boost cooperation with Amazon

Shinhan Card will strengthen its partnership with U.S. tech giant Amazon to enhance customer benefits over the next three years, the firm said Thursday.

Lee Kyung-min | 2019-11-07 21:54

Is investor appetite for riskier assets recovering?

Is investor appetite for riskier assets recovering?

Investor sentiment is showing signs of regaining its risk appetite buoyed by hopes of a trade deal between the U.S. and China, reduced no-deal Brexit concerns and the recent U.S. Federal Reserve rate cut, analysts said Thursday. With global investors turning to high-risk, high-return assets, the Korean stock market has also gained upward momentum. In contrast, gold and the U....

Lee Kyung-min | 2019-11-07 21:53

Aekyung, HDC, KCGI consortium bid for Asiana Airlines

Aekyung, HDC, KCGI consortium bid for Asiana Airlines

Three consortia led by Aekyung Group, Hyundai Development Company (HDC) and the Korea Corporate Governance Improvement (KCGI), respectively, are participating in the bid to acquire a controlling stake in Asiana Airlines.

Jhoo Dong-chan | 2019-11-07 17:06

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