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Thu, January 20, 2022 | 02:38

For inclusive growth

Shinhan Bank CEO Jin Ok-dong, second from left, participates in a ribbon-cutting ceremony at a branch of 'S with,' a coffeehouse chain set up by the bank to foster job training and employment opportunities for the hearing-impaired, in Seoul, Thursday. Courtesy of Shinhan Bank

2021-11-25 15:05

Kosdaq vulnerable to fake news

Easier methods of spreading fake news are enabling more frequent price manipulations of stocks listed on the tech-heavy Kosdaq market, which have relatively lower market capitalization and trading volume compared to the benchmark KOSPI market.

2021-11-24 15:55

Korea closer to legislating criminal punishment for crypto irregularities

Financial authorities are seeking to punish criminally those involved in illicit cryptocurrency trading, in a move to rein in the thriving digital asset market that remains tax-free, despite investors' hefty gains over the past few years.

2021-11-24 15:47

NN Investment Partners optimistic about Korea's IT sector

NN Investment Partners (NNIP) expressed an optimistic outlook for Korea's electronics consumer goods and software industries, regarding the IT sector as having long-term relevance which has also benefited from the ongoing supply chain issue and fiscal stimulus measures.

2021-11-23 16:58

SC First Bank to hold promotional events for large deposit holders

SC First Bank announced Tuesday that it will hold a promotional event until the end of the year to increase the number of new customers with large bank balances.

2021-11-23 13:57

Hanssem faces more legal action from US hedge fund

Teton Capital Partners will bring Hanssem to a local court later this week, if Hanssem's management fails to reply to the latest requests of Teton, the Korean furniture maker's second-largest shareholder with a 9.23-percent stake, according to the Texas-based hedge fund's attorney, Monday.

2021-11-22 15:21

Move to hinterland triggers brain drain at Korea's mega pension fund

Earlier this year, Lee left her fund management job at South Korea's national pension fund, the world's third-largest, fed up with long commutes between her home in Seoul and her office in Jeonju, 200 kilometers away.

2021-11-22 09:37

Bithumb set to break Upbit's monopoly

The financial authorities have taken measures for Bithumb to prevent Upbit from solidifying its monopolistic status on the local market, by allowing the nation's second-largest cryptocurrency exchange to enable its users to exchange their cryptocurrencies for the Korean won.

2021-11-22 08:58

Namyang owner faces doubts over attempt to sell company to Dayou

Questions have arisen about the hidden intention behind Namyang Dairy Products Chairman Hong Won-sik's conditional deal to sell his controlling stake to Dayou Winia Group, as there is little chance of him satisfying the conditions for the contract by defeating Hahn & Company in ongoing lawsuits, which were filed after he tried to nullify a sales agreement with the private equ...

2021-11-21 15:28

[ANALYSIS] 'Living with COVID-19' causes concern over golf course M&A deals

Golf courses in Korea have begun facing skepticism lately about their soaring valuations on the M&A market, in the wake of the country's “Living with COVID-19” plan, which has enabled Koreans to resume a wider variety of indoor activities and play golf overseas at more affordable prices. Some industry insiders have warned private equity firms (PEFs) and asset managers about a...

2021-11-20 09:00

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