Yonhap Infomax NewsMay 7
South Korea's financial sector expedites $300 million L/C expansion for Yeochun NCC to secure naphtha supply amid Middle East tensions, cutting approval time from six weeks to two weeks through joint support system
#YonhapInfomax #YeochunNCC #NaphthaSupply #LetterOfCredit #KoreaDevelopmentBank #PetrochemicalIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=119364
Yonhap Infomax NewsMay 4
Korea Development Bank prepares to restart HMM sale process after shipping company's labor and management reach agreement on relocating headquarters to Busan, removing key obstacle that had delayed divestment plans since failed 2023 sale attempt to Harim Group
#YonhapInfomax #KoreaDevelopmentBank #HMM #BusanRelocation #StakeSale #LaborManagementAgreement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=118723
Yonhap Infomax NewsApr 17
Korea Credit Guarantee Fund commits 50 billion won to BTL Special Infrastructure Fund alongside Korea Development Bank, targeting small-scale projects with funding challenges to expand daily life-oriented social overhead capital infrastructure across underserved regions
#YonhapInfomax #KoreaCreditGuaranteeFund #BTLSpecialInfrastructureFund #KoreaDevelopmentBank #SOCProjects #PrivateInfrastructure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=116031
Korea Credit Guarantee Fund Commits 50 Billion Won to BTL Special Infrastructure Fund for Small-Scale Projects

Korea Credit Guarantee Fund commits 50 billion won to BTL Special Infrastructure Fund alongside Korea Development Bank, targeting small-scale projects with funding challenges to expand daily life-oriented social overhead capital infrastructure across underserved regions

Yonhap Infomax
Yonhap Infomax NewsApr 1
Korean issuers seized a brief market window to complete $3.655 billion in offshore bond offerings in a single day, with KODIT, KDB, and HCA successfully pricing deals despite elevated new issue premiums of 15-20bp amid Middle East tensions, as timing trumps cost in volatile markets.
#YonhapInfomax #KoreanPaper #OffshoreBonds #NewIssuePremium #KoreaDevelopmentBank #MarketVolatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=113208
Korean Issuers Rush to Offshore Bond Market as KODIT, KDB, HCA Complete Deals

Korean issuers seized a brief market window to complete $3.655 billion in offshore bond offerings in a single day, with KODIT, KDB, and HCA successfully pricing deals despite elevated new issue premiums of 15-20bp amid Middle East tensions, as timing trumps cost in volatile markets.

Yonhap Infomax
Yonhap Infomax NewsMar 31
Korea Development Bank resolves to pay 880.6 billion won in dividends to government at shareholders' meeting, marking third consecutive year of substantial dividend payments exceeding 750 billion won while achieving 1.7 trillion won net profit through support for strategic industries
#YonhapInfomax #KoreaDevelopmentBank #GovernmentDividends #NetProfit #StrategicIndustries #PolicyBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112982
Korea Development Bank to Pay 880.6 Billion Won in Dividends to Government This Year

Korea Development Bank resolves to pay 880.6 billion won in dividends to government at shareholders' meeting, marking third consecutive year of substantial dividend payments exceeding 750 billion won while achieving 1.7 trillion won net profit through support for strategic industries

Yonhap Infomax
Yonhap Infomax NewsMar 30
KDB Capital appoints Yang Seung-won, former Korea Development Bank Global Business Division head with extensive project finance and international banking experience, as new CEO to strengthen risk management and drive sustainable growth in specialized credit finance sector.
#YonhapInfomax #KDBCapital #YangSeungWon #KoreaDevelopmentBank #ProjectFinance #RiskManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=112713
KDB Capital Appoints Former Korea Development Bank Vice President Yang Seung-won as New CEO

KDB Capital appoints Yang Seung-won, former Korea Development Bank Global Business Division head with extensive project finance and international banking experience, as new CEO to strengthen risk management and drive sustainable growth in specialized credit finance sector.

Yonhap Infomax
General Strike NowMar 26

HMM's union, which fiercely opposes the relocation, held a press conference on Tuesday, the day before the meeting, and has announced a general strike ...

HMM's union protests new board appointments at the annual meeting as a setup for relocating headquarters to Busan, while the company shelved the charter amendment amid fierce labor opposition.#HMM #headquartersrelocation #Busan #laborunion #annualgeneralmeeting #outsidedirectors #KoreaDevelopmentBank #containershipping
HMM Union Protests Board Reshuffle as Ploy for Busan Relocation

HMM Union Protests Board Reshuffle as Ploy for Busan Relocation

HMM's union protests new board appointments at the annual meeting as a setup for relocating headquarters to Busan, while the company shelved the charter amendment amid fierce labor opposition.

Seoul Economic Daily
Yonhap Infomax NewsMar 13
Korea Development Bank plans to issue 300 billion won in Advanced Strategic Industry Fund Bonds this month in short-to-medium maturities, marking the first issuance of bonds that will serve as seed money for the 150 trillion won National Growth Fund combining government and private capital.
#YonhapInfomax #AdvancedIndustryBonds #KoreaDevelopmentBank #NationalGrowthFund #VentureCapital #BondIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=109747
Advanced Industry Bonds to Debut With 300 Billion Won Short-to-Medium Term Issuance This Month

Korea Development Bank plans to issue 300 billion won in Advanced Strategic Industry Fund Bonds this month in short-to-medium maturities, marking the first issuance of bonds that will serve as seed money for the 150 trillion won National Growth Fund combining government and private capital.

Yonhap Infomax
Yonhap Infomax NewsMar 6
South Korea's Financial Services Commission pledges to deploy 100 trillion won market stabilization program as needed, holding daily monitoring meetings amid Middle East tensions and increased domestic stock market volatility
#YonhapInfomax #FinancialServicesCommission #MarketStabilizationProgram #MiddleEastRisks #KoreaDevelopmentBank #StockMarketVolatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108507
Yonhap Infomax NewsFeb 27
South Korean FX experts forecast the dollar-won rate to trade between 1,401 and 1,449 in March, citing strong exports, stable supply-demand, and a bearish dollar outlook.
#YonhapInfomax #DollarWon #ExchangeRate #KOSPI #SemiconductorExports #KoreaDevelopmentBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=107180
[Dollar-Won POLL] March Low Seen at 1,401, High at 1,449

South Korean FX experts forecast the dollar-won rate to trade between 1,401 and 1,449 in March, citing strong exports, stable supply-demand, and a bearish dollar outlook.

Yonhap Infomax