July 12, 2024

Capital adequacy ratio of insurance firms falls in Q1

The capital adequacy ratio of South Korean insurance companies deteriorated in the first quarter of the year, data showed Friday.

The average capital adequacy ratio of insurance firms stood at 223.6 percent as of end-March, down 8.6 percentage point…

Pattaya murder suspect attends arrest warrant hearing

One of the three suspects extradited from Cambodia earlier this week attended a court hearing on Friday on an arrest warrant sought for him over the murder of a Korean tourist in Pattaya, Thailand.

The 27-year-old was extradited Wednesday on charges…

Sales of derivative-linked securities fall in Q1

Sales of derivative-linked securities in South Korea dropped from three months earlier in the first quarter, data showed Friday, amid concerns over heavy losses for derivative products tracking Chinese stocks.

The combined value of equity-linked sec…