Money | BusinessKorea

Monday, February 26, 2018


13 August 2010 - 11:52pm
Shinhan Bank, after its successful merger with Chohung Bank in 2006, has developed into a sound bank with capital totaling 238 trillion won as of March 2010. The bank has pioneered the Korean...
13 August 2010 - 11:50pm
Signs of a ‘financial big bang’ are becoming visible in Korea’s banking industry. The industry is facing a new transition, with major changes being instigated by financial authorities in addition to...
13 August 2010 - 11:48pm
The national pension fund purchased stocks worth over two trillion won this year alone. As of May 13, the national pension fund has purchased stocks estimated at 2.536 trillion won in net value....
13 August 2010 - 11:47pm
An alarming trend of Korean heavyweight firms paying hefty fines for international price-fixing cartel allegations has come to light. In the past four years, Samsung Electronics, LG Display and...
13 August 2010 - 11:45pm
Bank of Korea governor, Kim Choong-soo has been dithering over whether the bank should start to approach an ‘exit strategy’ or not. Kim has maintained his stance to not to implement a strategy if...
13 August 2010 - 11:44pm
Samsung Life and Korea Life, ranked first and third in the Korean life insurance industry, respectively, have listed on the public stock market within months of each other. Their consecutive initial...
13 August 2010 - 11:39pm
Top Korean policymakers gathered for a meeting on financial strategy that took place on May 9, to discuss the soundness of the nation’s currently expansive fiscal policy instituted after the global...
13 August 2010 - 11:37pm
There seems to be no stopping its descent. Since the Greek sovereign debt crisis came to a head early May, the euro’s value has been steadily falling. While nations across the globe scramble to...
13 August 2010 - 11:33pm
2011 is looming closer - and so is the deadline the Korean government has set for full compliance to a new set of accounting rules called the International Financial Reporting Standards (IFRS)....
3 August 2010 - 2:42am
Despite the continued uncertainty in global financial markets, the Korean economy appears to continue on an expansionary trend with improvement in the employment market. The mining &...
3 August 2010 - 1:23am
Recently, the CEOs of large Korean companies are stressing the need to take the lead in new business areas over the next 10 years. This is epitomized as active investment in new growth areas while...
3 August 2010 - 1:22am
Any successful investor is sensitive to fluctuations in interest and exchange rates as well as economic trends at home and abroad. In the second half of this year, the biggest concern of the rich...


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