KoreaTimes - Companies

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Companies

Thu, March 30, 2023 | 13:57

Financial authorities scrutinize big tech's financial business

Financial authorities scrutinize big tech's financial business

The Financial Supervisory Service (FSS) recently issued a series of sanctions on big tech's payment subsidiaries, strengthening regulatory supervision over their financial businesses, according to officials Sunday.

Anna J. Park | 2023-02-26 15:50

Mirae Asset Global Investments leading market with TIGER ETF

Mirae Asset Global Investments leading market with TIGER ETF

Amid turbulent global financial markets in the aftermath of the COVID-19 pandemic and key rate hikes, Mirae Asset Global Investments is leading exchange-traded funds (ETF) with its TIGER ETF. Providing a diverse spectrum of products, it enables investors to pursue both growth and stability depending on the market surroundings.

2023-02-26 12:51

Hana's relief campaign for Turkey earthquake victims

Hana's relief campaign for Turkey earthquake victims

Former LPGA player Pak Se-ri, left, and Hana Bank CEO Lee Seung-lyul, right, pose with children during a relief campaign organized by Hana Financial Group, Saturday, for victims of the deadly earthquake in southeastern Turkey. The Korean banking group delivered blankets, gloves, mufflers, diapers and other relief items requested by the Turkish Embassy in Korea for the victims...

2023-02-26 12:42

Citibank Korea to offer syndicated loan to HanaMicron via partnership with K-SURE

Citibank Korea to offer syndicated loan to HanaMicron via partnership with K-SURE

Citibank Korea signed a syndicated loan agreement with HanaMicron on Feb. 23 to support overseas investments for semiconductor back-end processes, the bank announced Friday.

2023-02-26 11:38

HYBE, SM go all-out to secure voting rights ahead of SM shareholders' meeting

HYBE, SM go all-out to secure voting rights ahead of SM shareholders' meeting

The tug-of-war between the nation's two top entertainment agencies ― HYBE and SM Entertainment ― to secure as many shareholders' voting rights as they can is escalating as the former attempts to take management control of the latter. HYBE, which became the largest shareholder of SM on Feb. 22 by purchasing a 14.8-percent stake from the firm's founder Lee Soo-man, is requestin...

2023-02-24 16:15

KEPCO suffers record operating loss in 2022 on high fuel costs

KEPCO suffers record operating loss in 2022 on high fuel costs

The state-run utility Korea Electric Power Corp. (KEPCO) said Friday its operating loss more than quintupled on-year to hit a record high last year due to higher fuel costs and limited electricity rate hikes.

2023-02-24 15:02

Decrease in bank branches feared to hinder access by digitally vulnerable clients

Decrease in bank branches feared to hinder access by digitally vulnerable clients

The number of bank branches continues to fall as lenders increasingly focus on online financial services. The trend has raised concerns for digitally vulnerable people such as senior citizens whose accessibility to banking services may be hindered. It also could lead to unexpected blind spots.

2023-02-24 08:39

Securities depository's next leadership draws controversy

Securities depository's next leadership draws controversy

The Korea Securities Depository (KSD) is drawing controversy for “parachuting in” an outside figure who worked as a think tank member of President Yoon Suk Yeol's election camp. According to the KSD's executive recommendation committee, Lee Soon-ho - a researcher at the Korea institute of Finance - has been nominated as the sole candidate for the KSD's next presidency.

2023-02-23 16:11

When will Kakao Entertainment debut on bourse?

When will Kakao Entertainment debut on bourse?

Kakao Entertainment is widely believed to be aiming to go public by the end of this year or early next year. The entertainment subsidiary of Kakao had long considered making a debut on the local stock market, yet the IPO plan has been delayed till now, amid strong criticism against the big tech firm's continuous split-off listings that harmed Kakao shareholders' interests.

Anna J. Park | 2023-02-22 16:53

Banks rush to share economic burden following gov't pressure

Banks rush to share economic burden following gov't pressure

Commercial banks are taking a series of measures aimed at sharing the economic burden felt by the public after the government slammed the lenders for making windfall profits from rising interest rates, while turning a blind eye to the worsening livelihoods of Koreans.

2023-02-21 16:38

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Korea to ease entry rules to boost tourism, domestic spending

2	Korea moves to shorten COVID-19 isolation period to 5 days

3	INTERVIEWCan art become stable investment source?

4	Will dismantling oligopoly result in successful bank industry reform?

5	Generation Z entrepreneurs turn oyster shells into trendy dish soap

6	Celltrion chairman vows to develop new drugs, initiate M&As

7	Fintech, lifestyle products can help Korea grow trade ties with Hong Kong: city's trade promotion chief in Korea

8	Terraform Labs co-founder's extradition could be delayed more than 1 month

9	Ex-journalist to lead NK defector support foundation

10	Top envoy to US tapped as new national security advisor

DARKROOM