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Thu, September 24, 2020 | 21:35

FSC wastes money on unengaging YouTube content

FSC wastes money on unengaging YouTube content

The Financial Services Commission (FSC) will spend 15 million won ($12,800) on creating new content to upload to its somewhat underwhelming English-language YouTube channel.

Lee Min-hyung | 2020-09-24 17:11

SNU nanochemist expected to win Nobel Prize: Clarivate Analytics

SNU nanochemist expected to win Nobel Prize: Clarivate Analytics

A noted nanochemist and distinguished professor of Seoul National University (SNU), Hyeon Taeg-hwan is expected to win the Nobel Prize, according to a global analytics-based service provider, Thursday.

Lee Kyung-min | 2020-09-24 16:52

Hong's premature optimism fans concerns

Hong's premature optimism fans concerns

Deputy Prime Minister and Finance Minister Hong Nam-ki said the panic-driven buying spree in the property market is showing signs of subsiding, a statement that fails to reflect the rapid spike in apartment prices over the past few years, experts said Wednesday.

Lee Kyung-min | 2020-09-23 17:13

Controversy continues over 2nd relief fund

Controversy continues over 2nd relief fund

Women's rights group vehemently criticized the National Assembly's last-minute flip-flopping to allow operators of “adult entertainment facilities” to receive up to 2 million won ($1,710) in emergency relief, Wednesday, saying taxpayers' money should not be wasted to legitimize operation of establishments built to profit from the exploitation of women.

Lee Kyung-min | 2020-09-23 17:12

30 foreigners under probe for suspected tax evasion

30 foreigners under probe for suspected tax evasion

The National Tax Service (NTS) said Tuesday that it has launched an investigation into 30 foreign residents aged under 39 over suspicions that they purchased high-value homes without paying tax, in the latest government move to crack down on real estate speculation.

Lee Kyung-min | 2020-09-22 17:11

FSS chief stresses need to monitor climate-related risks

FSS chief stresses need to monitor climate-related risks

Financial Supervisory Service (FSS) Governor Yoon Suk-heun emphasized the need for monitoring climate-related risks Tuesday and presented a related stress test model developed by the agency.

Kim Bo-eun | 2020-09-22 16:32

State-run inquiry disclosure website rapped for poor data security

State-run inquiry disclosure website rapped for poor data security

A slew of sensitive information about police investigations into deaths and first responders' emergency response records remain available for public access on a state-run website, raising concerns about the poor management of online communication channels that disclose responses to inquiries by the public.

Lee Kyung-min | 2020-09-20 17:32

Land ministry demonstrates delivery via drones

Land ministry demonstrates delivery via drones

The Ministry of Land Infrastructure and Transport said Sunday that it has successfully demonstrated the operation of delivery drones, an achievement the ministry says will help foster the new method of delivery to meet soaring demand for contact-free services amid the COVID-19 pandemic.

Lee Kyung-min | 2020-09-20 17:18

Why foreign firms are leaving Korea

Why foreign firms are leaving Korea

The ongoing departure of foreign financial firms from Korea is drawing attention as to what is prompting their exodus and whether the government intends to address the issue. The companies are pulling out as the country's growth rate slows amid a time of prolonged low interest rates Deteriorating profits have led to a number of foreign banks - including Goldman Sachs, Barclay...

Kim Bo-eun | 2020-09-20 17:17

Gov't to provide coronavirus relief funds before Chuseok

Gov't to provide coronavirus relief funds before Chuseok

The government is seeking to begin doling out emergency handouts later this week to help people recover from the impact of nationwide efforts to stem the spread of COVID-19, officials said Sunday. Earlier this month, the government drew up its fourth supplementary budget of the year worth 7.8 trillion won (US$6.6 billion), which includes cash handouts and other relief to hous...

2020-09-20 15:54

PM stresses need to maintain nationwide virus restrictions ahead of Chuseok holidays

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