Pulse by Maeil Business News Korea

Celltrion Healthcare targets 5 tn won sales by 20202017.07.03 14:23

Celltrion Healthcare going public in South Korea later this month has set a target to boost sales by seven-fold to 5 trillion ...
Preferred bidder for Consus Asset Management changed to Whale Investment2017.07.02 13:22

South Korean private equity fund Whale Investment Co. that was named as second preferred bidder to take over Consus Asset ...
Non-banking sector at greater risk due to fast increases in multiple loan borrowers2017.06.30 15:35

The number of individuals with three or more tranches of debt is sharply increasing in the non-banking sector, raising concerns ...
Allianz to re-enter Korean market with corporate insurance service2017.06.30 14:13

Germany-based insurance giant Aliianz Group will re-enter the South Korean market by launching corporate insurance business. Its ...
KB Financial Group ascends to the top spot by market capitalization2017.06.30 14:03

South Korea’s KB Financial Group Inc. has become the country’s biggest financial group by market capitalization, reclaiming ...
Korea’s first online-only K Bank to suspend consumer loans2017.06.29 16:58

South Korea’s first online-only bank K Bank said on Thursday that it will temporarily suspend sales of its signature ...
Korea’s benchmark Kospi zooms to new 2,400 milestone2017.06.29 16:41

South Korean share prices are nearing a new milestone of 2,400 mark as the bull run pushed them to new record levels on ...
Meritz Securities offers rights to qualify for prime brokerage2017.06.29 14:20

South Korea’s Meritz Securities Co. has offered rights in non-vote stocks worth 748 billion won ($656.8 million) to a group of ...
Korea’s Woori Bank ups capital by $100 million in Indonesian subsidiary2017.06.28 16:22

South Korea’s Woori Bank will inject $100 million in its Indonesian subsidiary to bolster its capital base and groom it as one ...
Mirae Asset to base global trading headquarters in Dublin2017.06.28 14:28

South Korea’s Mirae Asset Financial Group will establish its global trading headquarters in Dublin by moving most of its top ...
Korean firms mired in lawsuit with China’s Anbang Group over Tongyang Life sale2017.06.28 13:14

China’s insurance giant Anbang Group Holdings Co. filed a countersuit against previous Korean owners of stakes in Korea’s ...
Shinhan Financial beefs up investment banking, global, and digital divisions2017.06.27 16:33

South Korea’s top Shinhan Financial Group will expand its investment banking, global, and digital businesses in a major ...
SK Securities preliminary auction draws multiple buyers2017.06.27 9:59

The auction to sell a controlling 10.04 percent stake in SK Securities Co., the brokerage unit under South Korea’s major ...
Shinhan Financial partners with Amazon.com to expand fintech business2017.06.26 17:42

South Korea’s top Shinhan Financial Group is teaming up with Amazon.com Inc. for leadership in the burgeoning financial ...
Korea’s biotech IPO pipeline packed for H22017.06.26 13:17

South Korea’s bioengineering companies are rushing to go public, riding on preferential listing criteria for newcomers with ...
Mirae Asset Life to acquire 50% stake in Prevoir Vietnam Life2017.06.23 17:15

South Korea’s Mirae Asset Life Insurance Co. is taking its first step into offshore market by joining hands with Prevoir ...
Hanwha S&C to rid 40% stake held by princelings2017.06.22 15:57

Hanwha S&C Co., South Korean conglomerate Hanwha Group’s information technology (IT) solutions unit, is shedding holdings in ...
Hyundai Heavy takes more stock actions to meet holding transition2017.06.22 14:37

Hyundai Heavy Industries on Wednesday disclosed that its subsidiary Hyundai Mipo Dockyard Co. was selling its entire 7.98 ...
Massive short selling in NCSoft draws investors’ fury and regulatory probe2017.06.22 14:05

South Korean online game giant NCSoft Corp. seeking another jackpot through the mobile version of role-playing blockbuster ...
SM Group’s Woobang E&C picked as preferred bidder to buy Keangnam Enterprises2017.06.21 15:54

South Korea’s Woobang Engineering & Construction (E&C) Corp., owned by Samra Midas (SM) Group, has won the priority right to ...

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07.25 9:38