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Finance

Non-banks

Tue, September 28, 2021 | 22:01

Mirae Asset antitrust probe sends island development in limbo

Mirae Asset Financial Group is considering scrapping a 1.5 trillion won ($1.27 billion) project to build a maritime tourism complex on Gyeongdo, an island in Yeousu, South Jeolla Province, apparently to protest the Fair Trade Commission's (FTC) recent investigation into the company.

Park Jae-hyuk | 2021-09-27 08:46

Court rules Samsung Securities must cover half of investors' damages in 2018 dividend error

A Seoul district court has ruled Samsung Securities must compensate investors for half of their damages incurred due to a 2018 dividend error by an accidental stock issuance, judicial sources said Sunday.

2021-09-26 11:54

Google Pay set to expand presence in Korea

Google appears to be trying to let users in Korea pay for public transportation and make payments at bricks-and-mortar stores using the Google Pay mobile payment system, according to industry sources and media reports, Monday.

Park Jae-hyuk | 2021-09-13 15:19

Chung Tae-young steps down from Hyundai Capital

Chung Tae-young, vice chairman and CEO of Hyundai Card, Hyundai Commercial and Hyundai Capital - also known as “Ted Chung” abroad - will be stepping down from his post at Hyundai Capital, following 18 years at the helm of the company.

Anna J. Park | 2021-09-07 08:44

State firms criticized for maintaining low-interest loans for employees

Amid the government's efforts to raise loan interest rates to curb soaring asset prices, some state-run companies have ignored the government's call to impose higher interest rates when it comes to providing their own housing loan plans to employees.

Anna J. Park | 2021-09-03 17:37

Naver Financial seen as beneficiary of 'anti-Google law'

Naver Financial, which operates the internet portal's Naver Pay mobile payment service, has been viewed as one of beneficiaries of the National Assembly's passage of the world's first law aiming to ban Google and Apple from forcing consumers to use their own in-app billing systems when downloading apps and contents.

Park Jae-hyuk | 2021-09-03 09:04

Hanwha Life's new organizational structure to bolster future growth

Hanwha Life Insurance reorganized its corporate structure, Wednesday, in a bid to identify a future growth engine anchored and strengthened by its existing insurance business models.

Lee Kyung-min | 2021-09-01 16:21

BTS's message displayed on Kyobo Life building

People pose for a selfie in front of Kyobo Life Insurance's headquarters building in Seoul, which is decorated with a large banner featuring part of the lyrics of BTS's hit song, “Permission to Dance.” The insurer said Monday that the boy band designed the 100th edition of the company's iconic signboard, hanging on its building near Gwanghwamun Square, to offer ho...

Park Jae-hyuk | 2021-08-30 11:37

ABL Life launches online cancer insurance plan

ABL Life Insurance, the country's second-oldest life insurer founded in 1954, has launched its new online cancer insurance plan that protects consumers from the five most-frequently diagnosed cancers.

2021-08-24 15:41

Shinhan Asset Management strengthens global research capabilities

As Shinhan Asset Management opens up its strategic research center to boost its research capability, the asset manager has appointed Na Jung-hyuk, a senior economist in the financial industry, to lead the research sector as the first chief of the center.

Anna J. Park | 2021-08-23 16:10

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