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The Korea Times

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SCMP
Asia

The Korea Times

Finance

Companies

Tue, May 30, 2023 | 14:31

FSS to investigate Kiwoom Securities for stock manipulation

FSS to investigate Kiwoom Securities for stock manipulation

Korea's top financial watchdog has launched an investigation into Kiwoom Securities to look into whether the company engaged in unfair sales of a contract for difference (CFD). The risky leveraged derivative is considered to have driven the latest stock manipulation scandal which incurred combined losses of around 8 trillion won within only four days late last month.

Lee Min-hyung | 2023-05-03 16:48

Korean banks showcase digital transformation at ADB

Korean banks showcase digital transformation at ADB

INCHEON - Digital technology is one of the key sectors highlighted by the Asian Development Bank (ADB) to empower the poor, as it can improve service delivery and expand opportunities. To promote its technology and strengthen communication with international financial organizations, Korean banks showcased various services and projects at the 56th annual meeting of the ADB, he...

Lee Yeon-woo | 2023-05-03 16:46

KB Financial to hold cocktail reception during ADB meeting

KB Financial to hold cocktail reception during ADB meeting

KB Financial Group plans to host a cocktail reception during the 56th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB), aiming to promote Korea's global competitiveness in the financial sector as well as the expansion of the financial group's worldwide business.

Anna J. Park | 2023-05-03 09:20

Hana supports football for disabled people

Hana supports football for disabled people

Hana Financial Group has launched a social program for disabled people to enjoy football, enabling them to receive training and play matches under partnerships with professional sports teams.

Lee Min-hyung | 2023-05-02 16:03

Legal tussle escalates over suspicious stock selling scandal

Legal tussle escalates over suspicious stock selling scandal

Two figures involved in the latest stock manipulation scandal are escalating ensuing legal battles and claiming innocence regarding the abrupt collapse of eight listed shares here.

Lee Min-hyung | 2023-05-02 16:03

Hana Financial Group's ESG management gains traction to spur sustainable growth

Hana Financial Group's ESG management gains traction to spur sustainable growth

Hana Financial Group is gearing up to emerge as a leader in environmental, social and corporate governance (ESG) management, as demand grows for companies to act on their responsibility to give back to society.

2023-05-02 14:40

Hana aims to become Asia's top financial group

Hana aims to become Asia's top financial group

Hana aims to become Asia's top financial group

Hana Financial Group is stepping up efforts to emerge as the top financial group in Asia under Ham Young-joo, who was appointed as the group's chairman during a shareholders' meeting in March 2022.

2023-05-02 14:39

Hana Financial Group's ESG management gains traction to spur sustainable growth

Hana Financial going global to leap forward

Hana Financial going global to leap forward

Hana Financial going global to leap forward

As part of its efforts to take a leap forward beyond the boundaries of finance, Hana Financial Group is striving to go global. It has a dual global strategy by region to maintain its outstanding global business performances and solidify its presence as a leading global financial group.

2023-05-02 14:39

Hana aims to become Asia's top financial group

Hana's football club goes carbon-neutral

Hana's football club goes carbon-neutral

Hana Financial Group's football club - Daejeon Hana Citizen - has pledged to achieve carbon neutrality during its upcoming home matches and make public its efforts to go net-zero at the end of the season.

Lee Min-hyung | 2023-05-01 16:22

Kiwoom chief comes under fire for suspicious stock sales

Kiwoom chief comes under fire for suspicious stock sales

Daou Kiwoom Group Chairman Kim Ik-rae has angered investors with his suspicious sales of Daou Data shares, shortly before the stock's abrupt decline. It remains unclear whether Kim is involved in the escalating stock scandal surrounding eight companies that experienced plummeting stock prices for no apparent reason.

Lee Min-hyung | 2023-05-01 16:22

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