Korea Exchange (KRX) consortium emerges as a top contender for South Korea's first OTC STO exchange license, leveraging strong capital, infrastructure, and operational expertise as the Financial Services Commission prepares to grant up to two preliminary licenses.
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https://en.infomaxai.com/news/articleView.html?idxno=99705

Hanwha General Insurance has acquired a controlling 61.5% stake in Indonesia's Lippo General Insurance for $63.5 million, strengthening its overseas business and diversifying revenue streams.
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https://en.infomaxai.com/news/articleView.html?idxno=97638

Hyundai Card Co. reported a 1.0% year-on-year rise in H1 net profit to 165.5 billion won, driven by robust credit sales and membership growth, despite higher credit loss expenses.
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https://en.infomaxai.com/news/articleView.html?idxno=73878

South Korea’s investment advisory firms narrowed their Q1 net loss by 33% from the previous quarter, as aggressive cost-cutting offset declining revenues; top firms like Pacific Investment Advisory remained profitable, while fee expenses rose sharply amid increased reinvestment activity.
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#InvestmentAdvisory #NetLoss #PacificInvestmentAdvisory #OperatingRevenue #FeeExpenses
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65089

Samsung Card reports Q1 net profit rise of 3.7% to 184.4 billion won, driven by growth across all business sectors and improved cost efficiency
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https://en.infomaxai.com/news/articleView.html?idxno=60365

Hana Ventures reports successful expansion through private mother fund formation, driving growth in management fees and equity method gains, with operating revenue up 20% to 21.1 billion won in the past year.
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https://en.infomaxai.com/news/articleView.html?idxno=53658