South Korea
ING in final talks to sell South Korean life insurance unit
Talks to sell ING’s South Korean life insurance arm have been extended prompting fears the sale could be in jeopardy, local media reports suggest.
South Korea’s largest life insurers report fall in profits
South Korea’s major life insurers reported lower profits for the first half of the year due to the prolonged rock-bottom interest rate environment and economic slowdown.
Korean insurer Hanwha to pump $134m into Indonesian expansion
Hanwha Life, South Korea’s second largest life insurer, is set to pump KRW150bn (£102m, €121m, $134m) into its Indonesian arm in a bid to expand its foothold in the country’s booming insurance sector.
Investment | 5 Aug 16
Investment prospects of the top 10 Olympic nations
As the world’s attention turns to Rio for the opening of the 2016 Olympic Games on Friday, fund managers have assessed the investment opportunities on offer in the most powerful Olympic sporting nations.
Mirae tackles regulatory bumps on road to global expansion
The patchwork of global financial regulations present a key challenge when an asset manager wants to expand, said Mirae Asset Global Investments (HK) president and chief executive Jung Ho Rhee.