Namyang deal to test Hahn & Co.’s ability to manage ESG risks

Namyang deal to test Hahn & Co.’s ability to manage ESG risks

A pedestrian passes by Namyang Dairy Products headquarters building in Seoul, Friday. Yonhap Buyer tasked with restoring stock price, customer trust By Park Jae-hyuk Hahn & Company’s latest decision to... Read more »
Global competition heats up over Daewoo E&C takeover

Global competition heats up over Daewoo E&C takeover

Daewoo Engineering & Construction (Daewoo E&C) headquarters in Seoul / Courtesy of Daewoo E&C By Park Jae-hyuk The forthcoming sale of Daewoo Engineering & Construction (Daewoo E&C) has prompted an... Read more »
[INTERVIEW] ‘Shared mobility, healthcare attractive to PEFs in ESG era’

[INTERVIEW] ‘Shared mobility, healthcare attractive to PEFs in ESG era’

IMM Private Equity Chief Investment Officer Kim Young-ho speaks during an interview with The Korea Times at the private equity firm’s head office in Seoul, May 26. Korea Times photo... Read more »
LG, LX shares drop sharply after spinoff

LG, LX shares drop sharply after spinoff

LG headquarters on Yeouido in Seoul / Yonhap By Anna J. Park On the trading day that LX holdings made its debut at the main benchmark KOSPI after spinning off... Read more »
Hanon Systems bid highlights SK’s ties with Hahn & Co., Ford

Hanon Systems bid highlights SK’s ties with Hahn & Co., Ford

Hanon Systems factory in Pyeongtaek, Gyeonggi Province / Korea Times photo by Shim Hyun-chul LG still seen as most probable buyer of auto parts supplier By Park Jae-hyuk SK Group,... Read more »
Kyobo gaining edge in fight against investors’ alleged accounting fraud

Kyobo gaining edge in fight against investors’ alleged accounting fraud

Kyobo Life Insurance Chairman Shin Chang-jae speaks during a meeting with top management at its headquarters in Seoul on Jan. 10. Yonhap By Lee Min-hyung Kyobo Life Insurance is gaining... Read more »
Carrot’s ‘pay-per-mile’ insurance attracts 200,000 subscribers

Carrot’s ‘pay-per-mile’ insurance attracts 200,000 subscribers

The graph above shows the number of subscribers for Carrot Insurance’s pay-per-mile auto insurance service. Courtesy of Carrot Insurance By Lee Min-hyung The “pay-per-mile” auto insurance service, operated by Carrot... Read more »
Experts optimistic over KOSPI amid possible tapering

Experts optimistic over KOSPI amid possible tapering

gettyimagesbank Despite possible short-term corrections, general upward movement expected for 2021 By Anna J. Park Despite market concerns over possible tapering measures, experts are remaining optimistic over the future course... Read more »
Gov’t set to examine approval of former FSS official’s move to crypto firm

Gov’t set to examine approval of former FSS official’s move to crypto firm

Financial Supervisory Service (FSS) headquarters located on Yeouido, Seoul / Korea Times file By Anna J. Park A high-level official of the Financial Supervisory Service (FSS) quit the state-run financial... Read more »
NH Investment to provide full compensation for Optimus mis-selling

NH Investment to provide full compensation for Optimus mis-selling

NH Investment & Securities CEO Chung Young-chae speaks during a press conference held at the firm’s headquarters at the Yeouido financial district in Seoul, Tuesday. Courtesy of NH Investment &... Read more »
Emart forgoes full control of Starbucks Korea

Emart forgoes full control of Starbucks Korea

An employee of Starbucks Korea shows off popular Starbucks goods. Korea Times file Retail chain’s cash reserved for eBay acquisition bid against Lotte Shopping By Lee Kyung-min Emart has decided... Read more »
Yanolja’s ties with Citigroup could unnerve Morgan Stanley

Yanolja’s ties with Citigroup could unnerve Morgan Stanley

Citigroup Center in New York is seen in this Feb. 23, 2009 file photo. AP-Yonhap US firms may compete to handle Korean app operator’s IPO By Park Jae-hyuk The strategic... Read more »
1 in 4 college students investing in cryptocurrency

1 in 4 college students investing in cryptocurrency

A man watches prices changes of cryptocurrencies, May 3. Yonhap By Yoon Ja-young Amid the cryptocurrency craze, many college students in the country bet their hard-earned money from their part-time... Read more »
Citibank Korea, Yanolja sign strategic deal for global expansion

Citibank Korea, Yanolja sign strategic deal for global expansion

Yanolja CEO Lee Su-jin, fourth from left, poses for a photo with Citibank Korea CEO Yoo Myung-soon, fourth from right, after signing a business cooperation deal at the headquarters of... Read more »
Crypto miners halt China business after Beijing cracks down

Crypto miners halt China business after Beijing cracks down

This file photo taken Nov. 20, 2017, shows gold plated souvenir bitcoin coins arranged for a photograph in London. Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending... Read more »
[Contribution] Cryptocurrency and government regulation

[Contribution] Cryptocurrency and government regulation

Park Han-woo By Park Han-wooRecently, the government announced that it would consider closing cryptocurrency exchange markets, after coming up with special measures to eradicate serious cases of fraud related to... Read more »
Bitcoin down almost 50% from year’s high

Bitcoin down almost 50% from year’s high

A small toy figurine is seen on representations of the bitcoin virtual currency displayed in front of an image of China’s flag in this illustration picture, April 9, 2019. Reuters... Read more »
Market to rally despite early corrections

Market to rally despite early corrections

A motorist buys fuel at a Petrolimex (PLX) station in Ha Noi. PLX rose 4.7 per cent last week. — VNA/VNS Photo Experts from securities companies said although the market... Read more »
Toss operator Viva Republica’s valuation surges to W8 tril.

Toss operator Viva Republica’s valuation surges to W8 tril.

Logo of Toss By Anna J. Park Viva Republica, the operator of mobile-based financial application Toss, is currently seeking to raise 200 billion won ($177 million) in investments on its... Read more »
BofA Securities wins trust from Korean internet-only banks

BofA Securities wins trust from Korean internet-only banks

Seen is a Bank of America branch in New York in May 2009. Reuters-Yonhap By Park Jae-hyuk BofA Securities, the investment banking division of Bank of America, has come under... Read more »
Local PEFs place growing emphasis on ESG

Local PEFs place growing emphasis on ESG

gettyimagesbank By Anna J. ParkEnvironmental, social, and corporate governance (ESG) themed investing is increasingly becoming the norm in private equity financing (PEF), as a growing number of limited partners ―... Read more »
National Pension Service seeks ‘Korean-style’ ESG investing

National Pension Service seeks ‘Korean-style’ ESG investing

National Pension Service (NPS) Chairman Kim Yong-jin delivers a speech during the 2021 ESG Plus Forum at Conrad Seoul on Yeouido, Friday. Courtesy of NPS Shinhan, SK, Incheon Airport execs... Read more »
K bank on track to brisk success

K bank on track to brisk success

By Lee Kyung-min K bank has drawn 1.2 trillion won ($1 billion) in equity financing, increasing its total capital to over 2.1 trillion won, comparable to rival Kakao Bank which... Read more »
LG, SK, Halla set to join Hanon Systems bid

LG, SK, Halla set to join Hanon Systems bid

Hanon Systems’ logo By Lee Min-hyung LG, SK and Halla are set to join a bid to take over Hanon Systems, whose estimated market value tops 10 trillion won ($8.86... Read more »
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