Search results for Sangyeop Oh
Finance
First-half party ends as top 5 brokerages\' Q3 net profit plunges 81 percent
Major South Korean securities firms saw earnings drop sharply in the third quarter as domestic stock trading value fell, cutting brokerage income, while rising market interest rates weighed on bond and trading results. The combined consolidated net profit of Mirae Asset Securities, Korea Investment & Securities, NH Investment & Securities, Samsung Securities and Kiwoom Securities totaled 851.2 billion won, down 81.1 percent from the second quarter. Mirae Asset swung to a net loss, and the others all posted lower profits.
Finance
Mirae Asset Securities posts 405.6 billion won Q3 net loss, to cancel 65 million treasury shares
Mirae Asset Securities said on Nov. 12 it posted a consolidated pretax loss of 520.6 billion won and a net loss of 405.6 billion won for the third quarter, reflecting valuation losses on investment assets amid slower market trading. It plans to cancel 65 million treasury shares after next year’s annual general meeting. The company also announced a new shareholder return policy for 2027 to 2029 and said it will maintain its existing policy of returning at least 35 percent of adjusted consolidated net income.
Finance
Korea Financial Investment Association says FTC sanctions on 15 treasury bond dealers are excessive
The Korea Financial Investment Association expressed regret over the Fair Trade Commission’s sanctions against 15 primary dealers for alleged collusion in the Korean treasury bond market. It said the penalties were excessive and could cause serious side effects, including weakened dealer functions, potential disruptions to government bond issuance and damage to market stability. The group also warned that large fines and complaints could strain brokerages’ liquidity and affect existing operations and new licensing.
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Finance
KOSPI, Kosdaq surge; buy sidecars triggered in both markets
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Crypto
Bithumb tops NCSI digital asset exchange category for first time
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Finance
Regulators ease forced-sale rules after stock plunge as credit lending policy swings
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Fintech
Daishin Securities waives fees, adds phishing insurance for customers hit by data leak
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Finance
FSS launches on-site inspection at Mirae Asset Securities, probes links to series of group hacks
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Finance
Mirae Asset Securities to buy Japan\'s Sanko Securities via U.S. unit
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Finance
Financial regulator tightens rules on brokerage cash giveaways and events
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Finance
Korean financial groups post third-quarter results as stock market outlook hits zero visibility
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Finance
NH Investment & Securities Q3 operating profit 5.2 billion won, up 33.2 percent on year
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Finance
Investor deposits fall below 90 trillion won to lowest in nine months
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Crypto
Dollar stablecoin market tops 400 trillion won as Korea faces double bind on won stablecoin
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Finance
Betting on a shaky Korean market: Are Korean retail investors going all-in on leverage?
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Finance
Korea Investment Securities to expand AI infrastructure finance, teams up with Samil PwC on GPU financing
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Finance
KOSPI slumps 3.73% on foreign and institutional selling, Kosdaq falls below 800
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People
Meritz Securities to recruit 2026 college graduates