search close
Reporter : Anna J. Park
Wed, June 29, 2022 | 22:32
Will KRX's six-decade monopoly end with alternative trading systems launch?
The Korea Exchange's (KRX) monopoly over stock trading is likely to be broken up as soon as 2024, as moves are being accelerated to launch an alternative trading system (ATS) - a trading venue or platform operated with looser regulations compared to traditional stock exchanges.
Lotte Card's solid growth draws interest from would-be buyers
As Lotte Card has been posting impressive growth and annual earnings over the past couple of years, market rumors about its possible M&As have continued to spread in the investment banking industry.
Will travel, leisure, airline stocks make turnaround this year?
As the Korean government has decided to lift the mandatory seven-day quarantine for fully vaccinated tourists, market watchers expect the country's leisure, aviation and casino sectors to post significant annual growth in their revenues from this year.
IBK chief vows to strengthen venture support after Silicon Valley business trip
Industrial Bank of Korea (IBK) CEO Yoon Jong-won wrapped up a six-day visit to Silicon Valley, which was aimed at strengthening the state-owned bank's policy goal of boosting support for venture startups in Korea.
K bank urged to diversify business model for sustainable growth
K bank, which marks its fifth anniversary this month, has achieved steady growth, garnering over 7.5 million customers as of the end of March. The internet-only bank's solid growth rate is impressive, particularly during the past two years, which contrasts with the tough time it had during the first few years when it was first established in April of 2017.
Mirae Asset partners with AI-based fintech Qraft Technologies
Mirae Asset Securities formed a strategic partnership with fintech firm Qraft Technologies earlier this week, planning joint research on AI-based financial models and cooperation in bringing about personalized asset management services.
Stock trading to be available in KakaoTalk app within this year
Kakao Pay Securities, a brokerage subsidiary of Kakao, aims to introduce a stock trading function in the KakaoTalk messenger app within this year. Customers of the internet-only securities firm will also be able to send actual stocks as gifts to their KakaoTalk friends sometime within the second quarter of this year.
IBK chief heads to Silicon Valley to strengthen support for startups
Industrial Bank of Korea (IBK) CEO Yoon Jong-won has kicked off a six-day business trip to Silicon Valley in the U.S. starting on Sunday, aiming to strengthen the bank's capacity to supply venture capital to burgeoning industries there.
Mirae Asset Capital logs record-high annual revenue under Lee's leadership
Mirae Asset Capital announced Monday that the firm logged an all-time high annual record revenue of 151.4 billion won ($124 million) last year. Based on this, shareholders confirmed the consecutive reappointment of CEO Lee Man-hee for another year, at a meeting at the end of last month.
KakaoBank ranks highest in productivity
KakaoBank turns out to have achieved the highest rate of productivity among local commercial banks last year.