Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
6
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
7
S. Korea not to attend Sado mine memorial: foreign ministry
-
8
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
9
Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
-
10
Job creation lowest on record among under-30s
-
Korea Post chooses Dominus, Lindman Asia to manage PEFs
[THE INVESTOR] State-run Korea Post’s insurance business arm has selected Dominus Investment and Lindman Asia Investment to manage its domestic private equity funds, according to local financial sources on July 4.Korea Post will be investing a total of 60 billion won (US$51.88 million), with Dominuns and Lindman Asia each receiving 30 billion won. Up to 10 different PEFs vied for the Korea Post portfolio, according to the postal company. Dominus Investment mostly invests in convertible bonds, bo
July 4, 2016
-
Finance MInister denies gov’t intervention in exchange rates
[THE INVESTOR] Finance Minister Yoo Il-ho on July 4 denied that the government is directly intervening in the forex market to control exchange rates. “(The government) has done nothing to become directly involved in the market to (bring about) low or high exchange rates,” Yoo, who also doubles up as deputy prime minister for economic affairs, said in response to a query by Rep. Yoo Sung-yop of the minor opposition People’s Party.Finance Minister Yoo IL-hoThe opposition lawmaker had stated that t
July 4, 2016