Aju Business Daily

Financial regulators predict no short-term chaos in financial markets

The Financial Services Commission Vice Chairman Sohn Byung-doo [Yonhap Photo] SEOUL -- South Korea's financ…

2019-08-05 14:08:13

Kakao allowed to raise stake in internet-only bank and become largest shareholder

[An image captured from Kakao Bank's website] SEOUL -- South Korea's web service giant Kakao won state ap…

2019-07-24 17:30:58

Eximbank pledges financial support for 26 companies to be affected by Japanese regulations

[Gettyimages Bank] SEOUL -- At least 26 South Korean companies related to semiconductors, displays and smartphones …

2019-07-23 17:41:54

KEB Hana Bank agrees to acquire 15% stake in Vietnam's top state lender

[Courtesy of KEB Hana Bank] SEOUL -- KEB Hana Bank, a major commercial bank in South Korea, will acquire a 15-perce…

2019-07-23 09:23:38

State gas company issues $500 mln sustainability bonds with 10-year maturity

[Courtesy of KOGAS] SEOUL -- Korea Gas Corp. (KOGAS) has raised $500 million by issuing sustainability bonds, becom…

2019-07-10 15:15:36

Kakao Pay secures management rights in S. Korean insurance technology company

[Courtesy of Kakao Pay] SEOUL -- Kakao Pay, a digital payment subsidiary of South Korea's web service giant…

2019-07-10 11:33:50

Posco issues sustainability bonds to raise $500 million for business expansion

[Courtesy of Posco] SEOUL -- South Korea's top steel company, Posco, announced the successful issuance of susta…

2019-07-09 14:20:33

Indonesia's Pertamina signs $1.5 bln framework agreement with Korea Eximbank

[Gettyimages Bank] SEOUL -- The Export-Import Bank of Korea, an official export credit agency, signed a $1.5 billio…

2019-07-02 16:01:10

Fintech unicorn Toss fails to win state approval for internet-only bank

[Aju News DB] SEOUL -- Toss, a fintech unicorn which benchmarked European digital challenger banks to open a new …

2019-05-27 13:12:47

Lotte's credit card unit sold to domestic consortium led by private equity fund

[Courtesy of Lotte Card] SEOUL -- Lotte, the fifth-largest conglomerate in South Korea, has sealed a deal to sell…

2019-05-27 09:57:07

Mirae Asset Daewoo sells two Emirates Boeing 777-300ERs to Japanese company

[Courtesy of Boeing] SEOUL --The brokerage subsidiary of Mirae Asset, a major financial and asset management group …

2019-05-20 16:21:33

Private equity firm Hahn & Company selected as preferred bidder for Lotte Card

[Aju News DB] SEOUL -- Hahn & Company, a private equity firm specializing in buyouts, was selected as preferred b…

2019-05-03 14:39:48

Hana Financial emerges as strong candidate to acquire Lotte Card

[Courtesy of Hana Financial] SEOUL -- Hana Financial Group, a major bank holding company, has emerged as a strong c…

2019-04-22 12:45:01

Mirae Asset to invest $243 mln in Hong Kong's Goldin Financial Global Center

[Courtesy of Mirae Asset Daewoo] SEOUL -- The brokerage subsidiary of Mirae Asset, a major financial and asset ma…

2019-04-18 15:41:11

LG Chem issues $1.56 billion in green bond for investment in battery

[Courtesy of LG Chem] SEOUL -- LG Chem, a leading battery producer in South Korea, has issued bonds worth $1.56 b…

2019-04-09 13:49:02

China's Anbang agrees to sell two S. Korean asset management subsidiaries to Woori Financial

[Courtesy of Woori Financial Holdings] SEOUL -- Woori Financial agreed to acquire two mid-sized investment manage…

2019-04-08 15:24:56

Key creditor seeks to extend deadline for Asiana's self-rescue package

[Courtesy of Asiana Airlines] SEOUL -- The key creditor of Asiana Airlines will push for the extension of a deadl…

2019-04-03 18:48:20

Brokerage firm chosen as preferred bidder to manage unemployment insurance fund

[Courtesy of Korea Investment and Securities] SEOUL -- The Korea Investment and Securities (KIS) was selected as th…

2019-03-28 18:12:02

Financial watchdog receives applications from three internet-only bank candidates

[Iclickart] SEOUL -- Toss, a fintech unicorn which benchmarked European digital challenger banks to open a new inte…

2019-03-28 08:54:28

Hanwha financial unit joins consortium for internet-only banking

[Courtesy of Aju Business Daily DB] SEOUL -- Toss, a fintech unicorn which benchmarked European digital challenge…

2019-03-27 12:02:18