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Tuesday, May 17, 2022
Korean insurance firm up for grab A few private equity funds at home and abroad strive to gobble up MG Non-Life Insurance, South Korea’s cash-strapped insurance company. A source familiar with the issue said on April 12 that the PEFs are...
Korean entity tries to offer financial services to more people The Korean Federation of Community Credit Cooperatives (KFCC) announced on April 11 that the outfit had hosted opening events of three branches in as many rural areas of Laos last...
Modern Monetary Theory is not the right fit for Korea Inc. This is the third of a three-part series, which highlights Modern Monetary Theory and the South Korean policies. _ ED. There are disputes whether or not the Modern Monetary Theory...
Korea’s top brokerage joins rank of leading Asian investment banks In 2016, South Korea’s financial authorities announced its plan to nurture large-sized global investment banks whose owner’s capitals surpasses 10 trillion won ($8.7 billion). Back then, critics cast suspicious eyes on...
Seoul-based insurer cares about policyholders ABL Life Insurance announced on March 18 that the company’s general illness (GI) whole life policy had won the hearts and minds of clients after its debut on Jan. 1. The newly-launched product covers a total...
Korean outfit strives to come up with inclusive financial policies Uganda’s people have suffered from poverty in recent years as many of them lived on less than $2 per day in recent years. Worse, the African country was hit hard...
Korea’s top brokerage continues to navigate uncharted territory Mirae Asset Securities keeps making breakthroughs in the South Korean brokerage industry as its net profit tops the 1 trillion won ($830 million) mark for the first time in the business. The Seoul-based...
Korea’s top financial group tops W4 trillion in profits Shinhan Financial, South Korea’s leading financial group, racked up more than 4 trillion won ($3.3 billion) in bottom line last year for the first time in the outfit’s history. Shinhan Financial announced...
Korean bank attempts to help net zero initiative South Korean bank Standard Chartered (SC) Bank announced on Dec. 24 that the outfit would help the world deal with climate change by carrying out a project of planting trees. The Seoul-based lender...
Future of cooperative banking sectors discussed The Korean Federation of Community Credit Cooperatives (KFCC) vies to seek a sustainable business model along with its European counterparts. The primary apex organization for Korea’s cooperative banking segment said on Dec. 21 that it...

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GHIAA will debut in late May

Global alliance for the hydrogen business comes to town H2Korea announced on May 12 that the Global Hydrogen Industrial Association Alliance (GHIAA) would be launched...

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