
Local banking groups are turning to non-banking businesses through takeovers in a bid to diversify their portfolios, cornered by shrinking profit margins and a saturated market, data showed Tuesday. NongHyup Financial Group finalized a deal to buy the three units of Woori Finance Holdings Co., including Woori Investment & Securities Co. The group's market share is expected to top its rivals in the brokerage sector once Woori Investment & Securities merges with its securities unit, NH Investment & Securities Co
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
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