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Koramco REITs & Trust said Thursday that it has been selected as the preferred bidder to buy an eco-friendly office building in eastern Seoul through its new blind pool fund. The investment target, ...
South Korea’s NH Financial Group said on June 10 that it has created an environmental, social and governance fund worth 150 billion won ($134 million) to finance projects tied to the Green New Deal i...
On SK Telecom’s key decision of spinning off a new investment company, market watchers have painted a rosy outlook for South Korea’s top wireless carrier on June 10. “The spinoff plan will boost (SK...
An official green light given to the insurance unit of Kakao Pay and three peer-to-peer companies will pave the way for the country’s innovation in finance, industry experts said on June 10. The Fin...
South Korea’s only exchange-traded fund that focuses on global luxury goods stocks has outperformed Korea’s benchmark index for the Korea Exchange’s main board, the Kospi, over the course of 13 month...
South Korean battery maker LG Energy Solution is speeding up efforts to make a stock market debut on the nation’s main bourse Kospi in the second half of this year, according to investment banking so...
The Toss Bank CEO is confident they can provide better services to mid- and low- credit holders. “Credit Scoring Systems used by traditional financial institutions are more or less the same. And thi...
South Korean asset management companies collectively earned record net profits in the first three months this year, according to data released by the state watchdog Financial Supervisory Service on ...
Seoul-based KB Kookmin Bank has escaped litigation in controlling Indonesian subsidiary Bank Bukopin, as its minority shareholder in Indonesia dropped all legal action against South Korea‘s largest...
Retail investors in South Korea who are seeking short-term profit are increasingly investing in so-called meme stocks, those that see a spike in trading volume based on social media hype rather th...
South Korean asset management firm Mirae Asset Global Investments said on June 7 its assets under management for retirement schemes have surpassed the 10 trillion-won ($9 billion) mark for the first...
Two-year apartment leases, known locally as jeonse, have jumped by some 44 percent in Seoul since the beginning of the current Moon Jae-in administration, data showed on June 7. The average price ...
South Korea’s key stock index Kospi set an all-time record high at June 7's closing, nearly a month after the benchmark logged the previous closing high, backed by institutions and retail investors’...
Just as people are getting used to the concept of cryptocurrencies, new terms like “DeFi,” nonfungible token and metaverse have become the talk of the town. While an increasing use of NFTs opens u...
Online-only KakaoBank has launched a task force to expand its lending services for customers with low and midrange credit scores, the company said June 3. The bank is planning to roll out various ...
Market watchers positive on SKT spinoff decision
Koramco to buy green office building in eastern Seoul
NH Financial sets up W150b ESG fund tied to Green New Deal
FSC gives green light to Korea’s third mobile-only bank
S. Korea’s per capita income shrinks for 2nd year in a row
Korea’s only luxury goods ETF beats Kospi
LG Energy Solution seeks mega IPO on Kospi in H2
AMC, Doosan Heavy, HMM: Meme stocks rise in Korea
June 15, 2021
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