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Tue, May 30, 2023 | 17:59
Naver, Kakao stocks display contrasting performances due to earnings forecasts
Naver, Kakao stocks display contrasting performances due to earnings forecasts
Shares of Naver and Kakao - two of the nation's biggest digital platform companies - have seen their respective stock prices move in contrasting directions due to their earnings forecasts.
Lee Min-hyung | 2023-05-15 16:06
Kakao Pay aims for 10 bil. annual transactions by 2026
Kakao Pay aims for 10 bil. annual transactions by 2026
Kakao Pay, the mobile payment subsidiary of tech conglomerate Kakao, has proclaimed the firm's goal to achieve 10 billion transactions per year within the next three years, and step up as the country's most frequently used financial application platform that caters to customers' financial needs. During a press conference held at Conrad Seoul Hotel, Monday, Kakao Pay CEO Shin ...
Anna J. Park | 2023-05-15 16:02
KDB seeks to bolster capital as KEPCO's deficit grows
KDB seeks to bolster capital as KEPCO's deficit grows
Korean Development Bank (KDB) is seeking to bolster its capital base in order to improve its financial stability, which has been faltering due primarily to the growing deficit of the Korea Electric Power Corp. (KEPCO) in which the bank holds a 32.9 percent stake.
Lee Yeon-woo | 2023-05-15 08:39
Hana promotes LINE Bank in Indonesia
Hana promotes LINE Bank in Indonesia
Hana Financial Group promoted its digital banking service, LINE Bank, in Indonesia through a collaboration with Samsung Electronics. The bank announced on Sunday that it hosted a hands-on experience event where local customers could learn about LINE Bank's innovative digital services while experiencing cutting-edge smart devices from Samsung Electronics.
Lee Yeon-woo | 2023-05-14 14:38
Major Korean financial firms seek to strengthen foothold in Indonesia
Major Korean financial firms seek to strengthen foothold in Indonesia
Celebrating the 50th anniversary of diplomatic ties between Korea and Indonesia, Korean financial leaders from Korea's supervisory authority and private financial firms have vowed to strengthen financial cooperation and partnerships with the Southeast Asian country.
Anna J. Park | 2023-05-12 17:09
Hearing-impaired insurance planner continues to blaze trail
Hearing-impaired insurance planner continues to blaze trail
Choi Jung-min, 38, is AIA Life Insurance's star planner. He has pioneered his path, shattering the prejudices against the hearing-impaired.
Anna J. Park | 2023-05-12 08:25
KB bolsters startup support campaign to nurture growth engines
KB bolsters startup support campaign to nurture growth engines
KB Financial Group is bolstering efforts to support startups in line with the country's plan to nurture the next growth engines.
Yi Whan-woo | 2023-05-11 15:46
Hana chairman discusses Korean economy with Jim Rogers
Hana chairman discusses Korean economy with Jim Rogers
Hana Financial Group Chairman Ham Young-joo had a discussion over the global and Korean economies as well as financial industries with renowned investor Jim Rogers.
Yoon Ja-young2023-05-10 16:01
Shinhan Bank's internal controls undergo testing
Shinhan Bank's internal controls undergo testing
Shinhan Bank is facing additional challenges in addressing internal control risks, after one of its employees reportedly embezzled customer deposits. This comes in addition to an investigation over the alleged mis-selling of funds.
Lee Yeon-woo | 2023-05-10 15:49
Kyobo Life considers entering non-life insurance market
Kyobo Life considers entering non-life insurance market
Both Kyobo Life Insurance and Kakao Pay Insurance denied a market rumor that they are in talks. Media reports said earlier this week that Kyobo Life has begun due diligence into Kakao Pay Insurance to acquire a 51 percent stake in the digital non-life insurance firm for around 60 billion won to 70 billion won ($45 million to $53 million).
Anna J. Park | 2023-05-09 16:35
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1Korea eyes launch of 4th Nuri space rocket in 2025 Korea eyes launch of 4th Nuri space rocket in 2025
2Memorial Day 2023 Memorial Day 2023
3Japanese destroyer flies controversial flag as it arrives in Korea for joint drill Japanese destroyer flies controversial flag as it arrives in Korea for joint drill
4Korea's household debt-to-GDP ratio highest among 34 major economies Korea's household debt-to-GDP ratio highest among 34 major economies
5Seoul on alert over Pyongyang's imminent spy satellite launch Seoul on alert over Pyongyang's imminent spy satellite launch
6[ANALYSIS] China's ban on Micron tests Washington-Seoul alliance ANALYSISChina's ban on Micron tests Washington-Seoul alliance
7Vietnam emerges as major market for Korean chipmakers Vietnam emerges as major market for Korean chipmakers
8Korea's diplomacy put to test amid signs of thaw in US-China relations Korea's diplomacy put to test amid signs of thaw in US-China relations
9Top 20% of income earners fuel increase in Q1 consumption as pandemic ends Top 20% of income earners fuel increase in Q1 consumption as pandemic ends
10Local governments appeal to young generations through YouTube Local governments appeal to young generations through YouTube
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