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Finance

Sun, July 12, 2020 | 06:28

Eximbank-Hana Bank join hands for global expansion of Korean firms

Eximbank-Hana Bank join hands for global expansion of Korean firms

The Export-Import Bank of Korea (Eximbank) is teaming up with Hana Bank to financially support Korean companies' global expansion, they said Wednesday. The partnership is part of their efforts to help local firms make smooth inroads into countries in East Asia. Details of the memorandum of understanding include loan offers to firms planning to expand into emerging Asian count...

Lee Min-hyung | 2020-06-24 15:41

Korea Investment to strengthen overseas drive

Korea Investment to strengthen overseas drive

Korea Investment & Securities is seeking to strengthen its foothold abroad by reorganizing its departments to place more emphasis on its overseas business starting this month.

Anna J. Park | 2020-06-24 09:26

[Reporter's Notebook] Are analysts still subordinate to listed firms?

The relationship between analysts and listed firms has come under the spotlight again, after Shinhan Investment analyst Kwak Sang-jun temporarily left a YouTube channel dealing with the economy after making a negative comment on LG Chem.

Park Jae-hyuk | 2020-06-23 17:54

Banksalad overhauls organization amid heated competition

Banksalad overhauls organization amid heated competition

The personal finance managing app Banksalad said Tuesday it has overhauled its organization to prepare for a new data business and to become more competitive as competition heats up among fintech players.

Kim Bo-eun | 2020-06-23 17:23

SK Biopharmaceuticals to make big splash in stock market

SK Biopharmaceuticals to make big splash in stock market

SK Biopharmaceuticals began receiving public subscriptions for its shares Tuesday ahead of its planned initial public offering (IPO) in July when its market capitalization is expected to reach over 3.8 trillion won ($3.14 billion). The company will accept the subscriptions until Wednesday. Earlier, the company said its desired share price would be between 35,000 won and 49,00...

Lee Min-hyung | 2020-06-23 16:36

Bank of Korea signs AI partnership with Kakao

Bank of Korea signs AI partnership with Kakao

The Bank of Korea (BOK) has signed a partnership with Kakao Enterprise to utilize the central bank's artificial intelligence (AI) capabilities, the BOK said Tuesday. This is the first time that the central bank has clinched a digital partnership with an external organization, as part of its 2030 growth initiative centered on digital transformation through embracing emerging t...

Lee Min-hyung | 2020-06-23 16:36

Tokyo more aggressive than Seoul in attracting HK firms

Tokyo more aggressive than Seoul in attracting HK firms

Tokyo is ramping up efforts to raise its profile as Asia's leading financial hub by attracting financial firms and experts leaving Hong Kong amid growing uncertainties and the deepening feud between the U.S. and China. This is in contrast to Seoul which has remained cautious about capitalizing on an escalating political feud there to become the premier financial hub in Asia, ...

Park Jae-hyuk | 2020-06-23 16:32

What went wrong with private equity funds?

What went wrong with private equity funds?

The latest series of cases in which investors of private equity funds (PEFs) face losses due to poor management of investments is pointing to better regulation of the market.

Kim Bo-eun | 2020-06-23 15:49

Encouraging financial consultants

Encouraging financial consultants

ABL Life Insurance CEO Xie Zheqiang, second from left, poses after meeting with financial consultants and other employees at the insurer's regional office in the southwestern city of Daegu, Tuesday. The company invited the head of Keimyung University's Daegu Dongsan Hospital to hear about how the institution, designated to treat COVID-19 patients, coped with the situation. / ...

Kim Bo-eun | 2020-06-23 15:48

Why do job seekers favor employment at Kakao Bank over traditional banks?

Why do job seekers favor employment at Kakao Bank over traditional banks?

A high salary no longer seems to be the biggest reason young people choose to work in banking.

2020-06-23 09:37

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