(21 February 2017 – Asia) Alibaba’s finance arm, Ant Financial has revealed yet another deal. The firm will invest US$200 million (A$260 billion) into a fintech project belonging to Kakao, […]
(25 July 2016 – United Kingdom) The United Kingdom and South Korea have announced an agreement to form a “fintech bridge” between the two nations, allowing financial technology […]
(28 June 2016 – South Korea) Chinese bankcard issuer, UnionPay International has launched its host card emulation (HCE) and tokenisation based mobile payment service in South Korea, enabling […]
(8 February 2016 – South Korea) South Korea’s major financial groups reported positive earnings results in 2015 despite challenging business environment and market volatility driven by China. Shinhan […]
(6 November 2015 – South Korea) The South Korean government will increase its credit guarantee assistance program for start-ups and new companies to more than 3 trillion won […]
(2 October 2015 – South Korea) Chinese internet conglomerate Tencent, and online auction house eBay will join the operator of South Korea's largest mobile messaging app, Kakao Corp, […]
(12 June 2015 – Korea) The Bank of Korea (BOK) lowered its key interest rate to a new low on 11 June as economic recovery has been derailed by […]
(2 June 2015 – Korea) The outlook for Korea’s banking system is stable with GDP growth remaining stable and asset quality recovering slightly compare to 2014, according to […]
(13 June 2014 – South Korea) South Korea’s central bank left its key rate unchanged on 12 June, holding the seven-day repurchase rate at 2.5 percent for the […]
(26 March 2013 – South Korea) CIMB has opened an Investment Banking and Brokerage business in Korea, and is the first ASEAN financial institution to obtain an equities […]
