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Shinhan Bank said Oct. 21 it has opened an office in Hungary, becoming the first South Korean commercial lender to enter the central European country. The flagship lender under the nation’s No. 1 ...
South Korea’s KB Financial Group said Oct. 21 its net profit in the January-September period came to 3.7 trillion won ($3.14 billion), eclipsing last year’s annual net profit. KB’s net profit in t...
The world’s largest and best-known cryptocurrency, Bitcoin, hit 80 million won ($67,900) on Thursday in South Korea, inching closer to a historical high, following the much-anticipated listing of a ...
Despite policymakers’ assurances that home prices have reached their peak, the government appears to have set tax revenue based on a scenario of housing values rising further next year. Rep. Yoo G...
Blackstone-backed handbag maker Simone Acc Collection said on Oct. 21 it has dropped its plan to go public, dashing hopes for the New York-based private fund investor’s exit from its South Korean po...
South Korean private fund managers are poised to take advantage of revised rules and dedicate themselves to the domestic nonbank lending business with legal clarity. Starting Oct. 21, when amendme...
With four crypto exchanges having nearly passed market authorities’ high bar for official registrations, investors are turning their eyes to the four entities already enjoying soaring profits and mak...
Global credit appraiser Fitch Ratings said Oct. 20 that it would maintain South Korea’s stable credit rating and keep its economic growth projection positive, citing the country’s economic resilience...
South Korea’s KB Kookmin Bank said Oct. 20 that it has acquired the remaining stake in Prasac Microfinance Institution, to wholly own Cambodia’s largest microfinance deposit-taking firm. KB Kookmin ...
US-based investment manager BlackRock has become the third-largest shareholder of energy services company Hanwha Solutions, a filing showed Oct. 20. BlackRock’s 11 affiliated entities were holding a...
South Korean mobile payment app operator Kakao Pay embarked on a two-day book building process targeting institutional investors Oct. 20, following delays due to local authorities’ requests. The res...
Despite industrywide efforts to promote sustainable corporate management through environmental, social and governance aspects, many South Korean companies appear to be struggling to integrate the val...
South Korea’s finance minister once again downplayed the possibility of delaying taxation on cryptocurrency earnings, while emphasizing that his ministry is gearing up to carry out its plan as schedu...
Maximum real estate brokerage fees were lowered by almost 50 percent starting on October 19, when a law designed to mitigate the effects of soaring housing prices took effect. For those selling or...
A 39-year-old investor in Seoul, surnamed Choi, had a strong belief that the share value of Samsung Electronics would soon reach 100,000 won ($84.80). Despite its continuous fall, recently to below ...
S. Korea’s economy sees slower-than-expected growth in Q3
IMM inks deal to buy stake in Hanssem for W1.45tr
Stricter income-based lending rules to be imposed to curb snowballing household debt
Teachers’ fund denies Bitcoin ETF investing rumor
South Korea has fourth-highest rate of relative poverty among OECD members
IMM Private Equity inks deal to buy stake in Hanssem
Kakao Pay to speed up global expansion after IPO: CEO
[Market Eye] SK Telecom outlook rosy after spinoff, stock split: analysts
October 27, 2021
![[Market Eye] Investors hope for jackpots from crypto exchanges‘ official market entry](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=155&simg=/content/image/2021/10/21/20211021000164_p.jpg)
![[Market Eye] SK Telecom outlook rosy after spinoff, stock split: analysts](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=151&simg=/content/image/2021/10/26/20211026000180_0.jpg&md=20211026102044)
