Business - The Korea Times

HD Hyundai Marine Solution rises to 53rd by market cap on stock market debut

HD Hyundai Marine Solution is considered as being the biggest IPO of the first half of this year. It made a significant debut on the stock market, landing at 53rd in terms of market capitalization.

May 8, 2024By Lee Yeon-woo

HD Hyundai Marine Solution rises to 53rd by market cap on stock market debut

Will internet banks beat regional banks in earnings?

KakaoBank has once again broken its record-high quarterly performance in first quarter earnings, the internet-only bank said Wednesday.

May 8, 2024By Anna J. Park

Will internet banks beat regional banks in earnings?

2 YEARS IN OFFICE Yoon's economic policies divide public opinion

President Yoon Suk Yeol’s economic revitalization policies are the subject of heated debate over whether they are faithfully serving the goal of stabilizing the public livelihood over the past two years since he took office in May 10, 2022.

May 8, 2024By Yi Whan-woo

[2 YEARS IN OFFICE] Yoon's economic policies divide public opinion

2 YEARS IN OFFICE Yoon's agenda, policy direction in question at 2-year mark

Hyundai Card teams up with CJ Olive Young

Hyundai Card Vice Chairman and CEO Chung Tae-young, right, smiles with CJ Olive Young CEO Lee Sun-jung, April 29, after the two companies signed partnership agreements in diverse sectors, including the issuance of private label credit cards (PLCCs) and collaboration in branding, marketing and data science. CJ Olive Young is the 19th PLCC partner of Hyundai Card, following brands in various industries such as airlines, cars, search engines, fashion, video games and leisure. Courtesy of Hyundai Card

May 7, 2024By Yoon Ja-young

Hyundai Card teams up with CJ Olive Young

Kakao Pay shifts to net profit in Q1

Kakao Pay, the online payment unit of South Korean social media giant Kakao, said Tuesday it shifted to black in the first quarter on the back of growth of its subsidiaries.

May 7, 2024

KRX faces complaints for delay in IPO approval process

The Korea Exchange (KRX), the country’s sole bourse operator, is facing complaints from companies that want to go public as it keeps delaying the process required to determine whether companies qualify.

May 6, 2024By Yi Whan-woo

KRX faces complaints for delay in IPO approval process

Can Korea sustain growth momentum for remainder of 2024?

The government is betting on the further acceleration of the economy following faster-than-expected growth in the first quarter, but whether it will turn out as planned is questionable due to multiple downside risks, according to analysts, Monday.

May 6, 2024By Yi Whan-woo

Can Korea sustain growth momentum for remainder of 2024?

Hanwha Life acquires 40% stake in Indonesia's Nobu Bank

Hanwha Life acquired a 40 percent stake in Indonesia's Nobu Bank earlier this month, expanding Hanwha's financial portfolio in the Southeast Asian market, the insurance firm announced Monday.

May 6, 2024By Anna J. Park

Hanwha Life acquires 40% stake in Indonesia's Nobu Bank

Woori Financial Group enters securities industry after lengthy search

Woori Financial Group is launching a mid-sized securities firm through the merger of its subsidiary Woori Investment Bank and Korea Foss Securities.

May 3, 2024By Lee Yeon-woo

Woori Financial Group enters securities industry after lengthy search

US plans up to 43.5% anti-dumping tariff on Korean aluminum extrusion

The United States has made a preliminary decision to impose up to a 43.5 percent anti-dumping tariff on aluminum extrusion imports from Korea, officials said Friday.

May 3, 2024

Banking & Finance