nCino and IBM Complete Successful Go-Live of Tokyo-based Kiraboshi Bank

Japanese bank teams up with nCino and IBM to enhance business financing TOKYO, Oct. 18, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that Kiraboshi Bank, a regional bank based in Tokyo, Japan, is live on the nCino Bank […]

S. Korea to announce World Cup roster on Nov. 12

SEOUL– South Korea’s final roster for this year’s FIFA World Cup will be announced on Nov. 12, a dozen days before the country’s first group stage match in Qatar.   The Korea Football Association (KFA) announced Tuesday that head coach Paulo Bento will unveil his 26-man squad at a press conference on Nov. 12. The … Read more

S. Korea to extend support for ‘strategic’ high-tech materials, parts

SEOUL– South Korea decided to put more key technologies related to major materials, parts and equipment on its list for special management and support in a move to better ensure stable supply chains and to promote advanced industry sectors, the industry ministry said Tuesday.   Following Japan’s exports curbs of key materials bound for Seoul … Read more

S. Korean Bond Yields on Oct. 18, 2022

Today (%) Previous Session(%) Change (BP)   1-year TB 3.573 3.568 +0.5   2-year TB 4.226 4.233 -0.7   3-year TB 4.242 4.239 +0.3   10-year TB 4.277 4.215 +6.2   2-year MSB 4.258 4.231 +2.7   3-year CB (AA-) 5.408 5.373 +3.5   91-day CD 3.760 3.700 +6.0     Source: Yonhap News Agency

Samsung’s digital appliance chief offers to resign

SEOUL– Samsung Electronics Co. said Tuesday its home appliance president offered to resign for personal reasons.   Lee Jae-seung, president and head of the digital appliances business at Samsung Electronics, started working at the company from 1986 and is credited for leading the company’s development of many innovative home devices, including the Bespoke Edition.   … Read more

Seoul shares up 1.36 pct ahead of corporate earnings

SEOUL– South Korean stocks ended sharply higher on Tuesday as institutions and foreigners picked up issues ahead of corporate earnings of major companies this week. The Korean won rose against the U.S. dollar.   The benchmark Korea Composite Stock Price Index (KOSPI) rose 30.24 points, or 1.36 percent, to close at 2,249.95 points.   Trading … Read more

S. Korea hails Japan’s additional sanctions on N. Korea over missile threats

SEOUL– The South Korean government expressed support Tuesday for Japan’s decision to expand sanctions on North Korea over its continued saber-rattling highlighted by its recent string of ballistic missile launches.   Earlier in the day, Tokyo announced its plan to freeze the assets of five more organizations for their involvement in the advancement of the … Read more

S. Korean LPGA rookie hungry for maiden win

SEOUL– Entering this week’s LPGA tournament on home soil, South Korean rookie Choi Hye-jin finds herself in second place in the Rookie of the Year points standings.   Choi has collected 1,182 points so far, while world No. 2 from Thailand, Atthaya Thitikul, leads the way with 1,425 points.   Each tour victory is worth … Read more