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    INTERVIEWAhn Hyo-seop wanted to share dedicated love with 'A Time Called You'

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    SHINee launches first Japan tour in 5 years

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Wed, October 4, 2023 | 19:49
KDIC resumes M&A process of MG Non-Life Insurance
KDIC resumes M&A process of MG Non-Life Insurance
The Korea Deposit Insurance Corporation (KDIC) has officially kicked off the M&A bidding process for MG Non-Life Insurance this week. Samjeong KPMG, the lead sale manager of the deal, plans to receive Letter of Intent (LOI) submissions by potential buyers by Oct. 5 in order to select preliminary bidders.
Anna J. Park | 2023-08-29 16:01
Internet-only banks face dilemma in expanding loans to low-credit customers
Internet-only banks face dilemma in expanding loans to low-credit customers
In the second quarter of this year, internet-only banks did not meet their objective regarding loan ratios for individuals with medium to low credit scores. Although expanding loans to this demographic was originally a primary focus for these banks, they now face a dilemma as widening the loan base could compromise their financial stability.
Lee Yeon-woo | 2023-08-29 15:24
Korean banks' Q2 net profit unchanged from 3 months earlier
Korean banks' Q2 net profit unchanged from 3 months earlier
Korean banks' second-quarter net profit was flat from the previous quarter as an increase in the Korea Development Bank's (KDB) net profit offset a decline in ordinary banks' net profit, preliminary data showed Tuesday.
2023-08-29 14:35
Korea, SP begin annual consultation meetings
Korea, SP begin annual consultation meetings
Korea on Monday began annual consultation meetings with global rating appraiser Standard Poor's Global Ratings (SP) to discuss the country's credit valuation and economic circumstances, the finance ministry said.
2023-08-28 18:34
Why do minority shareholders of HMM endorse Hapag-Lloyd's bid?
Why do minority shareholders of HMM endorse Hapag-Lloyd's bid?
Following the end of preliminary bidding early last week to acquire HMM, some of the container transport company's minority shareholders have come together to support an acquisition bid by German shipping giant Hapag-Lloyd.
Anna J. Park | 2023-08-28 16:49
Hana makes donation to Mexican school
Hana makes donation to Mexican school
Hana Financial Group Vice Chairman Lee Eun-hyung, third from left, poses with other participants during the Seoul-based banking group's donation of school supplies to Chalco Girlstown, a Catholic boarding school for girls in Mexico, Thursday. The ceremony took place at the regional head office of Hana Bank, the banking group's flagship affiliate, in Mexico City. Courtesy of H...
Yi Whan-woo | 2023-08-27 16:29
Naver Pay to expand as comprehensive financial platform
Naver Pay to expand as comprehensive financial platform
Naver Pay has declared its new roadmap to expand into a comprehensive financial platform by widening the horizons of finance through technology. The fintech company has so far primarily focused on providing the country's leading online simplified payment services.
Anna J. Park | 2023-08-24 16:34
  • Naver launches hyperscale generative AI to counter ChatGPT
KCGI urges Hyundai Elevator to transform board
KCGI urges Hyundai Elevator to transform board
KCGI Asset Management (KCGI AM) has urged Hyundai Elevator to remove Hyun Jeong-eun, the incumbent chair of Hyundai Elevator's board of directors, from the board to bring more transparency and independence to the firm's corporate governance by separating the ownership and management. KCGI holds about a 2 percent stake in common shares of Hyundai Elevator.
Anna J. Park | 2023-08-24 16:10
Hana Card's travel app draws more than 2 million subscribers
Hana Card's travel app draws more than 2 million subscribers
Hana Card said, Wednesday, that it drew more than 2 million subscribers for Travellog, its custom mobile app aimed at offering benefits for customers when traveling abroad.
Yi Whan-woo | 2023-08-23 17:02
FSS raids KB headquarters over alleged insider trading
FSS raids KB headquarters over alleged insider trading
The Financial Supervisory Service (FSS) raided KB Kookmin Bank's headquarters in Seoul, Wednesday, to look into whether some employees there had engaged in suspicious stock trading by using undisclosed internal information.
Lee Min-hyung | 2023-08-23 16:51
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Top 10 Stories
1Public transit fares to increase in Seoul and Busan this week Public transit fares to increase in Seoul and Busan this week
2Ruling party vows to investigate China's alleged influence operations Ruling party vows to investigate China's alleged influence operations
3Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW
4Korean steelmakers on alert over initiation of EU carbon border tariff Korean steelmakers on alert over initiation of EU carbon border tariff
5Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar
630 out of 74 major financial companies lack female board member 30 out of 74 major financial companies lack female board member
7Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales
8Dong-A Socio Group’s honorary chairman passes away at 96Dong-A Socio Group’s honorary chairman passes away at 96
9Lawmakers want chairmen of financial firms held accountable over misconduct Lawmakers want chairmen of financial firms held accountable over misconduct
10Returning home from Chuseok holiday Returning home from Chuseok holiday
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