South Korea’s digital insurers are reappointing CEOs despite ongoing losses, prioritizing management stability and long-term strategy as they pursue digital transformation and improved financial health.
#YonhapInfomax #DigitalInsurers #CEOReappointment #KyoboLifeplanet #KICS #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94319

South Korea’s savings banks saw improved capital ratios in Q2, but M&A activity remains sluggish as regional economic weakness and bad real estate loans deter buyers.
#YonhapInfomax #SavingsBanks #BISCapitalRatio #MergersAndAcquisitions #ProjectFinancing #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=79532

Boston Dynamics, acquired by Hyundai Motor Group, posted a Q2 capital impairment after continued heavy losses, prompting another major rights offering as IPO hopes fade and SoftBank's put option deadline looms.
#YonhapInfomax #BostonDynamics #HyundaiMotorGroup #CapitalImpairment #RightsOffering #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77969

POSCO Group has sold its Chinese stainless steel subsidiary Zhangjiagang Pohang Stainless Steel to Tsingshan Group for about 400 billion won ($290 million), accelerating Chairman Chang In-hwa’s business restructuring and securing funds for future growth initiatives in India and the US.
#YonhapInfomax #POSCO #ZhangjiagangPohangStainlessSteel #TsingshanGroup #BusinessRestructuring #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71423

Korea Ratings downgraded Fubon Hyundai Life Insurance’s outlook to ‘Negative’, citing ongoing losses, high earnings volatility, and persistent capital adequacy concerns amid sector-low K-ICS ratios.
#YonhapInfomax #FubonHyundaiLife #KoreaRatings #CreditRating #KICS #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69747

Lotte Chemical has injected 400 billion won ($290 million) into its loss-making synthetic rubber JV over 13 years, with no clear turnaround in sight, raising market concerns about the investment's rationale and the need for improved shareholder communication.
#YonhapInfomax #LotteChemical #LotteVersalisElastomers #SyntheticRubber #CapitalInjection #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68959

Homeplus has launched a pre-packaged M&A process amid mounting losses and a challenging retail environment, with major conglomerates and Chinese firms cited as potential bidders for the $2.7 billion asset.
#YonhapInfomax #Homeplus #MBKPartners #MA #RetailMarket #NetLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67601