ALMATY, Kazakhstan: Kookmin Bank, part of a group selling a stake in an Indonesian bank, said its partner Temasek Holdings Pte, the buyer Malayan Banking Bhd, and regulators should “compromise’’ on the transaction. Bank...
ALMATY, Kazakhstan_South Korea's largest lender, Kookmin Bank, has completed the acquisition of a 23 percent stake in Kazakhstan's CenterCredit for US$500 million, the Almaty-based bank said Wednesday. Kookmin's purchase...
SEOUL, Aug 27 (Reuters) - Seoul shares closed slightly higher on Wednesday, reversing earlier losses on gains in banking and defensive issues, while Daewoo Shipbuilding 042660.KS rose as the bidding war for the world's...
SEOUL, Aug 27 (Reuters) - Seoul shares are seen trading in a tight range on Wednesday after a recent spate of losses, but higher oil and North Korea's declaration on Tuesday that it was suspending nuclear disablement are...
HONG KONG (MarketWatch) -- Asian markets rebounded Monday to recover a part of their steep losses from the previous week, with banks such as Mitsubishi UFJ Financial Group and exporters like Honda Motor Co. leading the...
SEOUL, Aug 25 (Reuters) - Seoul shares closed up on Monday, with Kookmin Bank <060000.KS> rising after plans to transform it into a holding company were approved by shareholders, while Hyundai Motor <005380.KS> gained...
European equities markets saw gains Friday as banks saw gains on the possibility that Korea Development Bank might buy into Lehman Brothers (NYSE: LEH) and as airlines and carmakers jumped on declines in oil prices. In...
HONG KONG (Reuters) - Asian stocks fell to a two-year low on Friday, down for a fourth straight week, after a surge in oil prices above $121 enflamed inflation worries and the spiraling financial crisis showed no signs of ending.
Reuters - 1 hour 10 minutes ago * Oil rises more than 6 pct in week on Russia tensions * Measures of risk taking stablise * Asian stocks' bear market could be nearing end - Crude prices have gained more than 6 percent this...
SEOUL, Aug 22 (Reuters) - Seoul shares hit a 16-month closing low on Friday, extending their losing streak to five sessions, as tech issues tumbled on outlook worries and Kookmin Bank 060000.KS fell on concerns about its...