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Former Prime Minister Chung Sye-kyun on May 6 suggested implementing measures to protect management rights at local venture capital firms and startups, before expanding it to bigger companies. “Kore...
Citibank Korea, the South Korean unit of Citigroup, has pledged to continue its role in supporting the country’s financial system, regardless of its parent company’s plan to withdraw retail banking o...
Dunamu, an operator of cryptocurrency exchange Upbit, said on May 6 that it will spend 10 billion won ($8.9 million) to set up a unit to protect crypto coin investors. The planned launch of the in-h...
South Korea’s regulator Financial Services Commission on May 4 started to discuss Mirae Asset Securities’ entry to short-term financing market, a decision that would grant the brokerage official stat...
South Korean private equity firm VIG Partners is eyeing private credit strategies with a new team it recently established, the company said May 4. The company, overseeing 3.8 trillion won ($3.4 bill...
Cryptocurrencies have been rallying again with some digital coins, like Dogecoin and Ethereum, hitting record highs recently. The prices of coins tumbled last month as governments around the world...
South Korea’s stock market retreated for a fifth consecutive session May 3 amid strong foreign and institutional selling on the first day the government lifted a 14-month ban on short selling of lar...
More than half of Koreans favor taxation on gains from cryptocurrency trading, a survey showed on May 3, lending support to the government’s move to levy tax on the digital assets. According to ...
South Korea’s amateur investors poured out record amounts of cash -- nearly 81 trillion won ($73.1 billion) -- to obtain new shares of SK ie technology, a wholly owned battery materials subsidiary u...
The country’s startups attracted a record amount of investments in the first quarter, data from the Ministry of SMEs and Startups showed April 27. During the first three months of the year, the co...
Local credit card issuer Shinhan Card will seek to create a new office culture by removing titles of executives and employees and having them all call each other by their names. Under the new offi...
Amid expectations of surging global demand in the battery separators market, SK ie technology has gained keen attention from investors both at home and abroad ahead of its market debut next month, s...
Shinhan Financial Group said April 26 it has dedicated its first chunk of a 240 billion-won fund ($215 million) into a wind turbine project, as part of an ongoing initiative to support the governmen...
Kakao Pay, the financial technology arm of mobile giant Kakao, is finally heading to the country’s main stock bourse, defying market expectations that it was considering the tech-heavy secondary mar...
Panelists of the event said that, select countries in the Asia-Pacific region, including Korea, Australia, Japan, Singapore and Hong Kong, have so far introduced the European commercial law and the b...
Citibank Korea vows to stay committed to local market
Ex-PM suggests anti-takeover measures for VCs, startups
Dunamu steps up efforts to protect crypto investors
Altcoins back in rally mode after pull-back
Mirae Asset Securities seeks to enter short-term financing market
Buyout firm VIG Partners eyes private credit investing
More than half of Koreans support tax on crypto gains: survey
Seoul stocks down for 5th day on return of short selling
May 10, 2021
