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Finance
Won slips 2.3 won after BOK rate hold to 1,462.6
The won eased on Friday after the Bank of Korea held its policy rate at 2.50 percent for a fourth straight meeting, which signalled a prolonged pause in its easing cycle. The won opened slightly stronger but stayed rangebound. U.S. markets were shut for Thanksgiving, while the dollar index remained below 100. The won strengthened against the yen, and the yen weakened slightly against the dollar.
Finance
KB Kookmin Bank signs cooperation deal with DHL Korea
KB Kookmin Bank said it signed a cooperation deal with DHL Korea to create synergies in financial and logistics services. Executives from both companies attended the ceremony in Seoul. The agreement includes seminars for customers unfamiliar with trade procedures, financial education programmes and specialised services offering continuous benefits. A KB Kookmin Bank official said the deal is expected to enhance the global business competitiveness of trade customers and expand customer‑focused services.
Finance
Finda adds all auto-backed loan providers to platform
Finda added all financial sectors that offer auto-backed loans to its platform, saying it has completed a full lineup. It recently added a Shinhan Card product that allows 24-hour non-face-to-face applications. With this addition, Finda now provides 37 products from 27 companies. Finda said demand is rising as users facing tight credit conditions turn to auto-backed loans for higher limits. Cumulative limit inquiries reached about 44.8 million this year.
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Telecommunications & Media
KT nears disclosure of CEO shortlist, announcement seen mid-December
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Finance
Calls grow to ease 15 percent cap as NextTrade gains market share
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Finance
KOFIA welcomes passage of STO bill in parliamentary committee
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Finance
KB Kookmin Bank to provide 50 billion won in loans to boost SME retirement plans
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Finance
Shinhan Bank launches loan support for SME retirement pensions
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Finance
Woori Bank launches WonderLife pension account for transfer customers
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Finance
Kakao Pay selected as 2025 Korea Work-Life Balance company
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Telecommunications & Media
LG Uplus announces executive appointments to strengthen AX and telecom operations
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Finance
Shinhan Bank launches SOL Trip&Shop debit card
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Finance
KB Financial holds top prize ceremony for 80th Liberation ‘Rewriting Daehan Is Alive’
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Finance
KOSPI recovers 4000 after five sessions on US rally