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Financial holdings groups Q1 earnings hit by HK-tied ELS compensations

Major financial groups plans to offer voluntary compensations over Hong Kong-tied equity-linked securities (ELS) are expected to impact their performance in the first quarter of this year, according to industry sources.

Soult ukpyolsiSouth koreaKim kyung keunKim joo hyunChoi jung wookHang seng china enterprises indexKb financial groupWoori bankFinancial services commissionKb kookmin bankKorea investors serviceCorporate programHong kong tiedHang seng china enterprisesGhana securitiesServices commission chairman kim joo hyun

More women break glass ceiling on financial group boards

South Korean financial groups have undergone a transition in their board composition, indicating governance changes centering on gender diversity and internal control. Given that a financial holding company’s board is the ultimate decision-making body engaging in establishing management strategies and budget planning for itself and its affiliated banking and securities units, the changes give a glimpse of the f.

South koreaUnited statesSouth koreanYim jong yongLee seung lyulKang seong mukLee jae keunKwon seon jooKorean academic society of taxationWoori financial groupKb financial groupFinancial supervisory serviceWoori bankHana financial groupShinhan financial groupKb kookmin bank

Samsung beats Apple to regain top spot as world s leading smartphone seller

Samsung Electronics regained the leading position in global smartphone sales just five months after ceding it to Apple. The comeback is credited to the robust performance of its new AI-powered Galaxy S24 smartphones, according to industry officials and data, Monday.

United statesBaek byung yeulCourtesy of samsung electronicsCounterpoint researchConsumers unionSamsung electronicsSan joseGhana securitiesConsumer reportsSouth koreaHe korea timesOrea timesOrean news in english

SK, KT, LG face mounting pressure to cut expensive phone plans

SK Telecom, KT and LG Uplus are facing continued pressure from the government to lower their customers monthly bill payments. However, according to industry officials and experts on Monday, concerns have been raised that such price cuts could lead to a reduction in their capacity to invest as well as decrease the overall level of industrial competitiveness.

Soult ukpyolsiSouth koreaUnited statesKim yeung shikBaek byung yeulKim hong sikAhn cheol hyunHwang hyeon sikYoon suk yeolKim yong jaeKim young shubKorea press centerSamsung electronicsCorporate programSk telecomPeople power party

South Korean bankers misrepresented risky China-linked notes to retirees, financial watchdog says

South Korean bankers misrepresented risky China-linked notes to retirees, financial watchdog says
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South koreaChoi chungukHana bankStandard chartered bank koreaKookmin bankNonghyup bankShinhan bankKorea investmentMirae asset securitiesGhana securitiesSamsung securities