search close
Reporter : Lee Min-hyung
Fri, December 8, 2023 | 06:12's inroads into Korea contrasts with struggling Binance, a Singapore-based crypto exchange, is making stable gains in the Korean market but Binance, a global crypto exchange platform, is stuck at a crossroads amid prolonged regulatory challenges.
Has Seoul's housing market bottomed out?
Seoul's apartment prices are showing gradual signs of a rebound on reviving demand driven by an end to the Bank of Korea's (BOK's) rate hike cycle, data showed Thursday.
Insurers report surprising earnings on IFRS 17 adoption
Insurers have chalked up surprisingly robust earnings in the first half of 2023 on their first introduction of the latest global insurance contract reporting standards.
Mirae Asset takes over Australia's leading robo-advisor company
Mirae Asset Global Investments has acquired a 53 percent stake in Australia's leading robo-adviser Stockspot for around 24 billion won ($180 million), to accelerate its expansion into the artificial intelligence (AI)-converged financial market, the company said Wednesday.
Global investment banks paint grim picture of Korean economy
Overseas investment banks have painted a gloomy picture of the Korean economy, forecasting GDP growth to continue to remain in the 1-percent range until 2024 amid a slow recovery of exports.
Stocks included in MSCI extend falls
EcoPro, JYP, Hanwha Ocean and Hanmi Semiconductor suffered sharp declines on Monday, returning part of their recent gains driven by earlier expectations over their much-awaited inclusion in the MSCI Korea Index.
EcoPro joins MSCI Korea Index
EcoPro joined the much-sought-after MSCI Korea Index, Friday, rekindling hopes for additional foreign capital inflow to the red-hot secondary battery materials producer.
Binance faces bumpy road in Korea
Binance, the world's largest crypto exchange, is facing difficulties in its expansion in Korea, as financial authorities have not granted approval for the company's acquisition of the nation's fifth-largest exchange, GOPAX.
Watchdog raids Kakao founder's office on suspicion of stock manipulation
The Financial Supervisory Service (FSS) raided the office of Kakao founder Kim Beom-su, Thursday, for his alleged involvement in stock manipulation. Kim and some other members of Kakao's top management are suspected of having manipulated the price of SM Entertainment shares early this year. Back then, the mobile platform operator was involved in a dispute with HYBE to secure ...
Kiwoom Securities reports double-digit earnings growth
Kiwoom Securities reported a net profit growth of 70.5 percent in the first half of 2023 from a year ago, on rising stock trading commission revenues driven by retail investors snapping up secondary battery shares.