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Korea's insurance firms' net profit surges over 45% year-on-year in 2023

Loans extended by insurance companies in Korea inched down from a year earlier in 2023 amid high interest rates, data showed Tuesday. . ....

Soult Ukpyolsi , South Korea , Financial Supervisory Service , Premium Income , Net Profit , Life Insurer , Net Income , South Korea , He Korea Times , Orea Times , Orean News In English ,

FSS unveils compensation measures for HK-tied ELS losses

AsiaToday reporter Choi Jung-ah “Many sellers of the equity-linked securities (ELS) products were found to have encouraged mis-selling even when.. ....

Hong Kong , Soult Ukpyolsi , South Korea , Lee Bok Hyun , Financial Supervisory Service , Supervisory Service , Governor Lee Bok Hyun , Choi Jung Ah ,

Financial firms engaged in illegal acts may be barred from managing national pension fund

Financial authorities are reviewing options to prevent financial companies that committed wrongful acts or unfair market practices from participating in government-led financial projects or the entrustment of the national pension fund s operation, industry officials said Friday. ....

Soult Ukpyolsi , South Korea , Lee Bok Hyun , Kensington Hotel Yeouido , Financial Supervisory Service , National Pension Service , Governor Lee Bok Hyun , South Korea , He Korea Times , Orea Times , Orean News In English ,

Authorities revise rules on early morning FX transactions

Financial authorities have decided to recognize foreign exchange transactions that occur in the early morning hours as taking place on the previous day. This move aims to enhance market efficiency and align with global standards more effectively. ....

South Korea , Soult Ukpyolsi , Financial Supervisory Service , Ministry Of Economy , Foreign Exchange Market , Vfx Market , South Korea , He Korea Times , Orea Times , Orean News In English ,

Federal Signal (NYSE:FSS) Releases FY24 Earnings Guidance

Federal Signal (NYSE:FSS – Get Free Report) updated its FY24 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $2.85-3.05 for the period, compared to the consensus estimate of $3.01. The company issued revenue guidance of $1.85-1.90 billion, compared to the consensus revenue estimate of $1.82 billion. Federal Signal also updated […] ....

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