Mirae Asset sets $2 bil. milestone in European ETF assetsMirae Asset Global Investments announced Tuesday that its European exchange-traded fund (ETF) reached $2 billion concerning assets under management (AUM).Dec 10, 2024By Yi Whan-woo
General insurance association signs MOU with Indonesian counterpart The General Insurance Association of Korea signed a memorandum of understanding (MOU) with the Indonesian General Insurance Association to strengthen bilateral exchanges and cooperation, the Korean association said Tuesday.Dec 10, 2024By Yoon Ja-young
Financial markets plunge amid uncertainties over Yoon's impeachment Korean stocks plummeted on Monday as retail investors panicked and engaged in a massive selling spree, driven by prolonged uncertainties surrounding President Yoon Suk Yeol, who faces calls for impeachment.Dec 9, 2024By Yi Whan-woo
Hanwha's three financial units open AI center in San Francisco Three financial affiliates of Hanwha Group — Hanwha Life, Hanwha General Insurance and Hanwha Asset Management — opened the Hanwha AI Center (HAC) in San Francisco, with the goal of closely collaborating with the local ecosystem in the heart of the AI industry.Dec 9, 2024By Jun Ji-hye
Global financial firms turn to housing market for single-person families in Korea Global investment banks, asset management companies and other financial enterprises are increasingly showing interest toward homes for single-person households in Korea as more Koreans live alone and their housing demand is growing at a steeper pace.Dec 7, 2024By Yi Whan-woo
Economic control tower busy relieving anxiety of unnerved investors, businesspeople from abroad The country's economic control tower is apparently making all-out efforts to placate international investors and businesspeople over the political turmoil caused by the president's surprise declaration of martial law.Dec 6, 2024By Yi Whan-woo
KB Financial recommends CEO candidates for 4 affiliatesKB Financial Group recommended CEO candidates of its four affiliates on securities, credit card, life insurance and IT data businesses, the company announced Friday.Dec 6, 2024By Yi Whan-woo
Palantir Technologies rises as top pick for Korean investors following TeslaRetail investors in Korea are shifting their focus in the U.S. stock market from NVIDIA to Palantir Technologies as strong performances in U.S. equities continue to attract interest.Dec 6, 2024By Lee Yeon-woo
Martial law threatens success of Corporate Value-up Program The Corporate Value-up Program implemented by the government faces concerns that it will lose momentum in the stock market in the aftermath of the martial law declaration, which rocked the nation this week.Dec 5, 2024By Yi Whan-woo
Shinhan Financial replaces 9 CEOs in major personnel overhaul Shinhan Financial Group undertook a major personnel overhaul on Thursday, replacing the heads of nine out of 13 subsidiaries. This marks a significant shift from last year’s approach of retaining all subsidiary CEOs for the sake of stability.Dec 5, 2024By Jun Ji-hye
