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Finance

Non-banks

Wed, November 13, 2019 | 11:45

Mirae Asset Global leads overseas alternative investment markets

Mirae Asset Global leads overseas alternative investment markets

Mirae Asset Global Investments, Mirae Asset Financial Group's asset management unit, is boasting its presence in overseas markets.

2019-10-30 16:58

Coupang to enhance fintech business

Coupang to enhance fintech business

Coupang has stepped up its efforts to bolster its fintech business as a new growth engine by hiring outside experts, as the company is reeling from ballooning losses from its e-commerce business. Analysts see it as a meaningful attempt but expect the firm to face a bumpy road ahead, as it has troubles complying with regulations targeting financial services companies.

Park Jae-hyuk | 2019-10-30 16:43

Hyundai Card to enter Vietnamese market

Hyundai Card to enter Vietnamese market

Hyundai Card will make inroads into the Vietnamese market, joining Korean card issuers that have sought new income sources in Southeast Asia, the company said Tuesday.

Park Jae-hyuk | 2019-10-29 15:23

Brokerages post poor performance in Q3

Brokerages post poor performance in Q3

Major brokerages saw their net profits drop significantly in the third quarter, due to poor earnings from trading and sales of derivative options, as well as the falling value of equity-related assets in a bearish stock market, according to analysts, Monday.

Kim Bo-eun | 2019-10-28 13:38

Revamping school in Myanmar

Revamping school in Myanmar

Members of KB Kookmin Card's management and labor pose after taking part in a week-long volunteer program held in Shwepyithar, in the outskirts of Yangon in Myanmar, Oct. 26. They refurbished school facilities and provided education materials to the schools. / Courtesy of KB Kookmin Card

Kim Bo-eun | 2019-10-27 14:58

Mirae Asset Daewoo awarded for sustainable biz practice

Mirae Asset Daewoo awarded for sustainable biz practice

Mirae Asset Daewoo received an award at the Shilla Seoul, Tuesday, as it has been included in the Dow Jones Sustainability Indices (DJSI) World for eighth straight year, the securities firm said Sunday.

2019-10-27 14:51

Bank Salad attracts 5 mil. customers for easy money management service

Bank Salad attracts 5 mil. customers for easy money management service

Fintech firm Rainist said Friday its mobile money management app Bank Salad has attracted over 5 million customers.

Jhoo Dong-chan | 2019-10-25 17:51

'Microscopic' oversight needed for PEF market

'Microscopic' oversight needed for PEF market

Financial regulators should take a "microscopic" approach to regulating the private equity fund (PEF) market by not overhauling the rules for the entire market and instead focusing on a few players engaged in wrongdoing, experts said Wednesday.

Kim Bo-eun | 2019-10-23 17:04

Samsung, Kakao join hands for insurance biz

Samsung, Kakao join hands for insurance biz

Samsung Fire & Marine Insurance and KakaoPay have formed a partnership to establish an internet-only non-life insurance firm, the companies said Wednesday.

Park Jae-hyuk | 2019-10-23 16:19

Asiana bid likely to be two-way race

Asiana bid likely to be two-way race

The bidding for Asiana Airlines is likely to be a two-way race, as Aekyung Group has joined hands with Stonebridge Capital. The Aekyung consortium is set to compete with a consortium of Hyundai Development Company and Mirae Asset Daewoo, which has been considered the strongest contender thus far.

Kim Bo-eun | 2019-10-22 17:34

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