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Shipbuilding industry is one of the sectors that is sensitive to economic changes. Amid the country’s economy on a recovery track, Hyundai Heavy’s IPO at this time is evaluated as a fairly positive ...
KakaoBank, the country’s mobile-only bank that went public a month ago, saw its shares fall for three consecutive days on September 6 due to an expiring lock-in period for millions of its shares. ...
Toss Bank will expand its loan services to thin filers with little credit history or borrowers with low credit through its advanced credit assessment system while delaying its official launch to nex...
Amid growing pressure from the government’s tightened grip on soaring household debt, South Korean banks’ lending rates sharply edged up in recent months, data showed Sept. 5. The adjustable rate ch...
South Korea, one of the world’s fastest aging societies, is facing a steep rise in its public pension spending, data showed Sept. 5. Nearly 60 trillion won ($53.76 billion) will be taken out from th...
Game developer Krafton raked in 4.31 trillion won through its IPO, marking the second largest in value in local market history. Samsung Life Insurance has remained the title holder of the nation’s la...
Hyundai Heavy Industries announced a blueprint to usher in a paradigm shift in the global shipbuilding industry of its planned market debut on the South Korean main board Kospi on Sept. 16. The m...
Bithumb, one of South Korea’s four major cryptocurrency exchanges, said Thursday that foreigners who fail to verify their identities via mobile phones will not be allowed to use the platform. The ...
Consumer inflation rose 2.6 percent last month, staying above 2 percent for the fifth month in a row, on the back of higher agricultural product and international crude oil prices, Statistics Kore...
Koh Seung-beom, the new chairman of the policymaking Financial Services Commission, vowed on September 2 to bolster cooperation with the market watchdog Financial Supervisory Service in a gesture t...
South Korea is now more likely to meet its annual growth goal of 4 percent, with the economy on a faster-than-expected track to recovery, despite woes stemming from the fourth and worst wave of the...
With people preferring delivery services to abide by social distancing rules during the COVID-19 pandemic, South Korea saw a record number of delivery workers last year, data showed on September 1. ...
South Korea‘s mobile payment app operator Kakao Pay has revised down its target offer price range for the initial public offering of its stocks as its plan to go public underwent a two-month delay, a...
New York-based private equity firm Blackstone is attempting to cash in on its holdings in Simone Acc Collection for up to 320.7 billion won ($275.3 million) in a partial exit involving an initial pub...
South Korea’s three top cryptocurrency exchanges -- Bithumb, Coinone and Korbit -- launched a joint venture to develop solutions for the government’s new “travel rule” system, the companies said Augu...
Buying a home main aim of 8 in 10 young investors in stocks, crypto
New law to foster Koreans’ private credit deals
Shinhan Bank opens Hungary office
KB Financial‘s Q3 profit hits record high
Lawmaker questions official housing price projection
Blackstone-backed Simone Acc Collection pulls IPO plan
Only 15% of Kospi firms pursue ESG management: survey
Analysts upbeat on Kakao Pay valuation
October 24, 2021
