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Asia

The Korea Times

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Companies

Tue, May 30, 2023 | 14:22

JPMorgan CEO Jamie Dimon to visit Korea in June

JPMorgan CEO Jamie Dimon to visit Korea in June

Jamie Dimon, chairman and CEO of JPMorgan Chase, is slated to visit Korea early next month, drawing market attention as to what the most powerful banker in the world might do during his visit.

Anna J. Park | 2023-05-21 16:24

Osstem Implant set to be delisted from stock market

Osstem Implant set to be delisted from stock market

Osstem Implant is on its way to being delisted from the Korean stock market after its major shareholder decided to put that option up for a vote at the upcoming shareholders' meeting in June.

Lee Min-hyung | 2023-05-19 15:45

Korean display firms to invest $48.74 bil. by 2027 to reclaim global top spot

Korean display firms to invest $48.74 bil. by 2027 to reclaim global top spot

Samsung Display, LG Display and other Korean display companies will make a combined investment of over 65 trillion won ($48.74 billion) by 2027 to secure innovative technologies and reclaim the world's No. 1 position, the industry ministry said Thursday.

2023-05-19 09:24

Apple Pay causes upheaval in Korea's payment market

Apple Pay causes upheaval in Korea's payment market

The local payment service market is in upheaval, following Apple Pay's official launch in late March in partnership with Hyundai Card. While Apple Pay is permeating into local markets rapidly, other major payment services seek partnership strategies to hold onto their customers.

Anna J. Park | 2023-05-18 16:37

KB Kookmin Bank's Indonesian subsidiary on track for performance turnaround

KB Kookmin Bank's Indonesian subsidiary on track for performance turnaround

KB Kookmin Bank's plan to increase capital in its Indonesian subsidiary, Bank KB Bukopin, is proceeding smoothly following recent approval from Indonesian financial authorities. KB Kookmin Bank anticipates that this subsidiary will start generating profits by 2025.

Lee Yeon-woo | 2023-05-18 16:30

Korea's antitrust regulator approves takeover of Credit Suisse by UBS

Korea's antitrust regulator approves takeover of Credit Suisse by UBS

Korea's antitrust regulator on Thursday approved UBS Group's takeover of Credit Suisse Group, noting the merger is not likely to limit competition in the local market.

2023-05-18 14:08

ASML opens global EUV training center in Korea

ASML opens global EUV training center in Korea

ASML Holding N.V., a Dutch chip equipment maker, has opened a new global training center for extreme ultraviolet (EUV) lithography machines near Seoul, the company said Thursday.

2023-05-18 12:42

Mirae Asset acquires GHCO for expansion into European ETF market

Mirae Asset acquires GHCO for expansion into European ETF market

Mirae Asset Securities is moving to expand its advancement into the European financial market after completing the acquisition of GHCO, an exchange-traded fund (ETF) market maker based in London, the Korean brokerage house said Wednesday.

Lee Min-hyung | 2023-05-17 16:07

Prosecutors raid home of former Hana Financial chief in land development corruption probe

Prosecutors raid home of former Hana Financial chief in land development corruption probe

Prosecutors raided the residence of a former chief of a major banking firm on Tuesday, as part of a probe into bribery allegations involving a former lawmaker in connection with a high-profile land development corruption scandal.

2023-05-16 20:17

Hana, SK join hands on cross-business cooperation

Hana, SK join hands on cross-business cooperation

Hana Financial Group joined hands with SK Group to enhance cooperation across business boundaries and develop services to better serve their respective customers, the banking group announced on Tuesday. According to the banking group, three affiliates each from the two groups will share their respective customer data.

Yi Whan-woo | 2023-05-16 16:23

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