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News
Timefolio Overtakes Samsung to Rank No. 2 in Management Fees as Active Funds Outperform
2+ hour, 52+ min ago (853+ words) Major asset managers saw revenue from managing funds, including exchange-traded funds (ETFs), rise by more than 60% in the first half from a year earlier. Mirae Asset Global Investments generated the highest revenue, while TIMEFOLIO Asset Management, driven by its active…...
Lotte Card faces suspension, rating pressure
3+ week, 2+ day ago (705+ words) South Korea’s Lotte Card faces the prospect of a suspension of some business operations over a large-scale customer data breach, adding pressure to its credit rating as profitability and asset-quality indicators have already fallen below thresholds set by ratings agencies....
KOSDAQ Loses Ground, Plunging from 4th to 38th in Global Market Returns
4+ week, 3+ hour ago (656+ words) The KOSDAQ’s weakness is largely attributed to the strength of major semiconductor stocks. As investment flows have become increasingly concentrated in large-cap shares, investor sentiment toward the KOSDAQ, which consists mainly of small- and mid-cap companies, has deteriorated. Average daily…...
Olive Young and Musinsa Expand in Seongsu
1+ mon, 2+ day ago (1007+ words) Seongsu-dong in Seoul’s Seongdong District is cementing its position as a major shopping destination for foreign tourists, driven by the popularity of K-beauty and K-fashion. When this reporter visited the area around Seongsu Station on July 15, cosmetics and fashion stores…...
Insurance M&A Focus Shifts to Shinhan
1+ mon, 3+ week ago (474+ words) The insurance M&A market is back in focus after the eighth round of binding bids for YeByul Insurance (formerly MG Non-Life Insurance) closed on June 30. While Shinhan Financial Group ultimately stayed out of the auction, industry observers say attention…...
Kakao faces prolonged labor dispute as pressure mounts for AI results
1+ mon, 3+ week ago (279+ words) According to the Kakao branch of the Korean Chemical, Textile and Food Workers’ Union on June 30, union members from five Kakao affiliates — Kakao, Kakao Pay, Kakao Enterprise, DK Techin and XL Games — staged “Logout Day” on June 29. Logout Day is…...
Customer Handover 15XX Customer Center Call Fee
1+ mon, 3+ week ago (238+ words) The national representative number is an eight-digit number that starts with 1588, 1544, 1600. It is often used as a customer center number for companies and institutions. Since KT first started in 1998, other companies such as SK Broadband and LG U+ have continued…...
Telco are going to block fire
2+ mon, 1+ week ago (295+ words) According to related industries on the 13th, the three mobile carriers are conducting various marketing collaborations with Starbucks, which caused controversy over the May 18 Gwangju Democratization Movement, and TVing, which caused about 13 million people’s personal information leakage. KT is selling an…...