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Reporter : Anna J. Park
Mon, December 6, 2021 | 16:45
DiDi crackdown to affect Mirae Asset-Naver's investment
As the Chinese internet regulator announced a surprise probe on whether to ban DiDi Chuxing's app from local app stores - just two days after the ride-hailing firm's New York Stock Exchange debut - investors invested in DiDi Chuxing are considering initiating an “exit strategy.”
Korea may join with Japan, UK to regulate Binance
After the country's top financial regulators confirmed plans to strengthen regulations on cryptocurrencies to rein in the ongoing crypto-craze, Binance, the world's largest coin exchange in terms of trading volume, is facing mounting obstacles here.
Shinhan, KB compete to capitalize on BTS fever
Shinhan Card is set to launch special credit cards, particularly using various images of K-pop band BTS, later this year, as the company announced Monday that it signed a partnership with Weverse Company - BTS management firm HYBE's fandom platform affiliate.
FSC spurns banks' request for exemption in cryptocurrency trading partnerships
Local cryptocurrency exchanges now face the hurdle of ensuring their users operate real-name accounts at banks they have established partnerships with, a pre-requisite that must be in place by the end of September in order for them to be eligible for government registration to continue in operation.
Will unprecedented re-bid for Daewoo E&C have a happy ending?
Will Daewoo E&C be able to find a new owner this time? The builder has been looking for a new buyer since Hoban Construction backed out after being chosen as a preferred bidder in 2018, dashing hopes of the main creditor Korea Development Bank (KDB) to recoup its loans.
KDB's HMM stock conversion to have limited impact
After Korea Development Bank (KDB) converted its HMM convertible bonds into stocks at the end of last month, market watchers are closely following the state-run bank's moves regarding the global shipping company's sizable shareholding.
[ANALYSIS] Banks to give out higher shareholder dividends
After the U.S. Fed signaled it would loosen its control over banks' dividend payouts if they pass “stress tests,” gauging how they will fare in worst case scenarios, five out of six major U.S. institutions are set to pay an additional $2 billion in the next quarter, along with a sizable buyback of their own shares later on in the year to return more money to investors. The U....
JB Financial Group declares ESG mission statement
JB Financial Group released a “mission statement” Wednesday pledging its commitment to environmental, social and corporate governance goals as part of the group's mid- to long-term strategic vision.
M&A market logs record-high transactions in H1
The M&A market during the first half of this year logged a record-high level, in both the number of deals as well as the volume of fiscal transactions.
Deloitte Consulting Korea appoints new chief
Deloitte Consulting Korea announced Monday that the firm has newly appointed Hong Jin-seok, a long-time partner, as the new head of its operations in Korea.