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Reporter : Kim Bo-eun
Wed, December 6, 2023 | 01:23
Korean banks expand presence in Asia
Local banks are expanding their operations in Asia as they increasingly turn to overseas markets for new business opportunities.
Samsung Life Insurance weighed down by legal disputes
Samsung Life Insurance has been mired in a number of legal battles in the past few years, which have weighed on the insurer as a major burden.
KB could serve as benchmark for labor-backed board member system
Private companies have been on alert since the National Assembly passed a bill to introduce a system at state-run firms, via which unions will be able to be represented by a member at the board level.
SillaJen investors likely to take legal action
Retail investors of SillaJen are seeking to take legal action following the Korea Exchange's preliminary decision on Tuesday to delist the troubled biotech company. While the final decision is set to be made next month, with SillaJen pledging to appeal, the prevailing view is that there is little chance of the company's relisting on the secondary Kosdaq bourse.
Companies desperate for female board members
A deadline is looming for Korean companies to add female members to their boards, but about half of the firms subject to the regulation still fall short of the requirement, data shows.
Kyobo-Affinity feud deepening ahead of IPO
Kyobo Life Insurance is seeking to settle its years-long conflict with financial investors, as its initial public offering (IPO) is only months away, but the feud is instead escalating, posing uncertainties for the company's stock market debut.
Yoon-related stocks spike after clearing 'Kim phone call risk'
Stocks related to main opposition People Power Party's presidential candidate Yoon Suk-yeol surged Monday, after a local broadcaster's airing of personal phone calls between Yoon's wife Kim Keon-hee and a YouTube channel reporter turned out not to be as damaging as expected to Yoon, maintaining his chances of being elected.
Cryptocurrency exchange operators face audit amid money laundering concerns
The country's major cryptocurrency exchange operators will come under inspection by the financial regulator for the first time, amid growing concern that the exchanges might have been used for money laundering.
India emerging as promising EV market
Carmakers are increasingly focusing on India's market for electric vehicles (EV), given that it is projected to grow substantially in the coming years, as the country accelerates its drive to tackle air pollution and reduce its dependency on oil.
Foreign businesses call for 'clarity' in Korea's industrial accident law
Foreign businesses operating here are calling on the Korean government to ensure more “clarity” and “predictability” in a strengthened law over serious industrial accidents, claiming that it could hamper foreign investment and force many of them to consider pulling out of Korean markets. Foreign firms share the view that industrial accidents need to be prevented, but there ar...
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