Korean co-op financial outfit guns for digital transformation
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Feb. 22 that it would embrace ESG as its major management principle.
The KFCC made the decision in the outfit’s general meeting earlier...
U.S. insurance giant makes inroad into local market
Mutual insurance company FM Global of the United States announced on Feb. 15 that it would wade into the South Korean market after getting a license from the latter country’s financial regulator.
To...
Korean firms continue to offer relief support to Turkey, Syria
South Korean enterprises like Samsung and SK continue to offer relief support to help Turkish and Syrian people recover from the earthquake, which hit the latter country earlier this month.
Financial...
Korean financial co-op entity shares grassroots financial models
The Korean Federation of Community Credit Cooperatives (KFCC) announced on Feb. 10 that it had provided financial training to citizens in Laos.
Co-headed with the Korea Institute for Development Strategy, the educational sessions...
Korean business bellwether marks 20th anniversary of going global
South Korea's Mirae Asset Global Investments announced on Jan. 13 that it had achieved notable achievements in marking the 20th anniversary of going global this year.
As of the end of last...
Battery-EV ETF shows sign of turning around
Mirae Asset Global Investments announced on Jan. 12 that financial customers had shown a sign of returning to the rechargeable battery- and EV-related exchange traded fund (ETF).
The Seoul-based asset management company noted that...
Korean asset management firm maintains dominant leader’s spot
Mirae Asset Global Investments announced on Jan. 11 that its market share in the TDF market had exceeded 43 percent as of the end of last year.
The total TDF market stood at...
Individual subscription for Tiger semiconductor ETF nears $400 million in 2022
South Korea's Mirae Asset Global Investments announced on Jan. 10 that many individual investors had snapped up its leveraged Tiger ETF product tracking the Philadelphia Semiconductor Sector last year.
The...
Chungjeong-no branch employees try to help rural areas
South Korea's Gangwon Province announced on Jan. 10 that a NH NongHyup Bank branch had donated 3 million won to take part in the hometown donation campaign.
NongHyup’s Chungjeong-no branch in downtown Seoul...
Mirae Asset’s product chalks up highest return in two months
South Korea's Mirae Asset Global Investments announced on Jan. 10 that its Tiger China Hang Seng Tech Leverage ETF topped the podium in terms of profitability over the past two...
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Samsung to spend $230 billion to build 5 new factories
Korean firm strives to remain ahead of the curve
South Korea’s Samsung Electronics announced on March 15 that it would invest $230 billion to build...
