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Finance

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Wed, November 13, 2019 | 12:14

IPAF becomes crucial amid growing protectionism

IPAF becomes crucial amid growing protectionism

The International Public Asset Management Company Forum's (IPAF) role in sharing knowhow of managing non-performing loans (NPLs) will become more important amid rising protectionism worldwide, according to participants at the international consultative body's fifth global conference held in Seoul, Thursday.

Park Jae-hyuk | 2019-09-26 16:52

Bitcoin prices crash below W11 mil. mark

Bitcoin prices crash below W11 mil. mark

Bitcoin's price crashed more than 10 percent over a day, to below 11 million won ($9,000) Wednesday, as the value of other major virtual currencies also fell over 15 percent.

Jhoo Dong-chan | 2019-09-25 17:26

[INTERVIEW] 'BTS of financial sector': KAMCO flexing muscles to lead K-financial wave

[INTERVIEW] 'BTS of financial sector': KAMCO flexing muscles to lead K-financial wave

The Korea Asset Management Corporation (KAMCO) will capitalize on the International Public Asset Management Company Forum (IPAF) conference in Seoul today to “ignite a Korean wave” in the financial sector, according to the state-run institution's head, Wednesday.

Park Jae-hyuk | 2019-09-25 17:00

IPAF conference aims to develop NPL market

IPAF conference aims to develop NPL market

IPAF conference aims to develop NPL market

Over 200 financial experts from around the world will gather in Seoul today, to discuss ways of developing the market for non-performing loans (NPLs).

Park Jae-hyuk | 2019-09-25 17:00

[INTERVIEW] 'BTS of financial sector': KAMCO flexing muscles to lead K-financial wave

Will Samsung Electronics shares recover to 50,000 won mark?

Will Samsung Electronics shares recover to 50,000 won mark?

Expectations are mounting about Samsung Electronics shares since the share price of the top market cap on Korea's stock market is nearing the 50,000 won ($41.82) mark.

Jhoo Dong-chan | 2019-09-24 18:43

Cryptocurrencies not considered financial asset

Cryptocurrencies not considered financial asset

Cryptocurrencies, including the most popular and longest running Bitcoin, are neither legal tender nor a financial product as they are “not cash nor an equity instrument of another entity,” according to the latest decision by an international interpretative body of accounting practices.

Lee Kyung-min | 2019-09-23 17:05

NH Investment & Securities tops IPO market

NH Investment & Securities tops IPO market

NH Investment & Securities is leading the nation's initial public offering (IPO) market by having attracted 645.8 billion won ($543.3 million), data said Sunday.

Jhoo Dong-chan | 2019-09-22 17:10

Bithumb expanding investment in startups

Bithumb expanding investment in startups

BTC Investment is expanding its investment in incubating the nation's startups that develop future technologies such as blockchain, fintech and artificial intelligence (AI).

Jhoo Dong-chan | 2019-09-18 17:28

Mirae Asset to acquire 15 US hotels for $5.5 bil.

Mirae Asset to acquire 15 US hotels for $5.5 bil.

Mirae Asset Global Investments has concluded a deal with China's Anbang Insurance Group to acquire 15 luxury hotels in the U.S., in a package deal worth about 6.7 trillion won ($5.53 billion), the asset management firm said Wednesday.

Jhoo Dong-chan | 2019-09-11 15:17

Will KOSPI remain above 2,000 points?

Will KOSPI remain above 2,000 points?

The benchmark KOSPI is displaying steady gains since it recovered the 2,000-point mark last week thanks to a series of favorable overseas news stories.

Jhoo Dong-chan | 2019-09-11 14:21

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