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Reporter : Lee Kyung-min
Fri, January 21, 2022 | 01:33
Retail investors dump Samsung Electronics shares
Retail investors are offloading Samsung Electronics shares, frustrated by the continued price downtrend over the past year and signs of a further decline despite record-high profits achieved in the third quarter.
Borrowers hit hardest by loan interest hikes
An increasing number of borrowers are expressing frustration over the sharp rise in loan rates, a result of lenders raising surcharge rates amid the government's tightening lending rules put in place to curb household debt.
Securities firms pay more attention to OTC market
A growing number of securities firms are paying more attention to Korea's over-the-counter (OTC) market, where shares of unlisted firms are traded, invigorated by the soaring popularity of the equity market amid the COVID-19 pandemic, coupled with a rapid saturation of the brokerage business.
KB Financial chairman attends high-level meeting at COP26
KB Financial Group Chairman Yoon Jong-kyoo attended a high-level meeting at the 2021 United Nations Climate Change Conference (COP26) in Glasgow, Scotland, Nov. 10 (local time) to discuss ways to overcome climate challenges.
Shinhan Financial chief calls for joint efforts to achieve carbon neutrality at COP 26
Shinhan Financial Group Chairman Cho Yong-byoung stressed the importance of the financial industry playing a bigger role together to advance green initiatives to meet the government's goal of achieving carbon neutrality by 2050.
No immediate end in sight for diesel exhaust fluid shortage in Korea
The continued shortage of diesel exhaust fluid (DEF), also known as “urea water,” is wreaking havoc on the Korean economy, developing into a full-fledged transport, logistics and public service crisis. The fluid, a key agent needed to operate diesel freight and passenger vehicles, is in acutely short supply since China banned the import of Australian coal, from which urea is ...
[Reporter's notebook] The shrimp will end up being crushed - again
Shrimp are small and weak, especially compared to whales - the largest animal on the planet that is far larger in size and immeasurably more powerful.
IMM Investment strengthens 'Agritech' biz portfolio
IMM Investment Corp, a local venture capital investment firm, is strengthening its “Agritech” business portfolio by investing in a smart technology-enabled tomato producer in the United Arab Emirates (UAE) called Pure Harvest, widely known for its competitive product prices and stable distribution channels.
Hana Bank vows to cooperate with prosecutors over funds fiasco
Hana Bank, one of the country's leading commercial banks, said it will cooperate with local prosecutors over the bank's alleged involvement in the mis-selling of investment funds.
'Diesel exhaust fluid' hoarding to be prohibited
An executive order prohibiting hoarding of “diesel exhaust fluid” (DEF) solution, a critical agent needed to reduce air pollution from diesel vehicles, will take effect next week, the government said Thursday.
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