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Reporter : Lee Min-hyung
Sun, December 3, 2023 | 04:33
KB Financial's debate tournament expands to Indonesia
KB Financial Group will hold a debate tournament with college students from Indonesia in celebration of the 50th anniversary of Korea's diplomatic relations with the Southeast Asian country.
BTS 10th anniversary celebration to supercharge domestic economy
The 10th anniversary of BTS is expected to have a massive economic effect here, as more foreign tourists visit Seoul and expand spending during the two-week-long 2023 BTS Festa.
KB, NH vie for leadership as IPO market heats up
KB Securities and NH Investment & Securities are racing for leadership of the reinvigorating initial public offering (IPO) market as lead underwriters for large-cap affiliates of major conglomerates here. Among local brokerage houses, the KB subsidiary attracted the largest amount of public subscriptions for eight companies that went public last year.
Korea Securities Depository set to build securities token platform
The Korea Securities Depository (KSD) pledged Wednesday to widen its business portfolio into securities tokens by building a relevant platform in line with the rise of the new form of cryptocurrency used for fractional asset ownership.
Bank of Korea reignites debate over supervision of non-banking firms
The Bank of Korea (BOK) is showing signs of escalating a power struggle with financial authorities after its leader underscored the need to gain a supervisory authority for non-banking financial firms.
Foreigners betting on Korean market despite record high interest gap
Foreign investors are betting more on the Korean stock market amid growing hopes for recovery in economic fundamentals here, data showed Monday. Market analysts said the worst appears to be over in the local capital market on signs of a solid foreign capital inflow. Starting this month, the won-dollar exchange rate is also on the steep decline, as the U.S. Federal Reserve is ...
Korea still faces setbacks to MSCI developed market status goal
Financial authorities must carry out “sweeping deregulations” for free trade of Korea's local currency in offshore markets, if the country's stock market is to win a much-awaited MSCI developed market status, according to experts, Monday.
Samsung Card wins MyData license
Samsung Card has won a license belatedly to operate its MyData business. The company is forecast to launch relevant services this year, in a bid to find fresh revenue sources amid a market slowdown. MyData is a service enabling customers to check their comprehensive financial information at one glance through one online platform offered by any one of the major financial firms...
Banks face losses with gov't-supported savings products
Banks are at a loss over the government-supported Youth Leap savings product, as they face criticism for pushing young people to spend on credit by offering preferential interest rates to those who spend a specified amount each month.
IPO market regains vigor on bullish KOSPI
Frozen sentiment over the nation's initial public offering (IPO) market is showing signs of thawing after recovery of the benchmark KOSPI.