Korea Times AI content 2 team Reporter
Value context and insight. lkm@koreatimes.co.kr
Growth in Southeast Asia and three key economies in East Asia will be robust this year, buoyed by accelerating external demand for semiconductor manufacturing, tourism and goods consumption, the ASEAN+3 Macroeconomic Research Office (AMRO) said Monday.
The repeated theme mostly concerns small-cap Kosdaq shares registering well over double-digit spikes. Propelling the uptrend are connections between management or holders of controlling stakes in the listed firms with political bigwigs. They can be by blood ties, equity investment, birthplace, school or regional ties.
Hana Bank invited 35 VIP foreign clients from four countries last month to thank their years-long loyalty as clients, the lender said Thursday.
Central banks and commercial lenders in seven economies and the Bank for International Settlements (BIS) will explore tokenization of cross-border payments through Project Agorá, a public-private partnership, the Bank of Korea said Wednesday.
Hana Bank opened Hana Infinity Seoul, an around-the-clock trading room equipped with high-tech infrastructure, the bank said Wednesday.
The term of Heungkuk Life Insurance CEO Lim Hyung-joon was extended for a year at a shareholders meeting on Friday.
Gold prices are breaking records, powered by expectations of a U.S. Federal Reserve rate cut before June, data showed Tuesday.
Woori Bank CEO Cho Byung-kyu, fourth from left, and heads of legal, tax, property and language education services providers pose for a photo after signing a business agreement at Woori Bank headquarters in Seoul on Friday. Their services are available on Won Bizplaza, a registration fee-free digital platform Woori Bank launched in September 2022 to facilitate real-time matching between affordable services and users among small and mid-sized market players. Courtesy of Woori Financial Group
Local commercial and state-run lenders are rushing to establish offices in Poland and Hungary, buoyed by rapid growth of integrated economic activities between Korean businesses and their Central Europe peers, market watchers said Sunday.
Mirae Asset Group Chairman Park Hyeon-joo will donate 1.6 billion won ($1.1 million) in dividends earned in 2023 from its affiliate Mirae Asset Global Investments, according to the group, Sunday. It raises the total of amount of dividends donated by the chairman to 31.5 billion.