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Thu, January 28, 2021 | 01:53

Land minister criticized for 'passing the buck'

Land minister criticized for 'passing the buck'

Minister of Land, Infrastructure and Transport Kim Hyun-mee's reckless comments during Tuesday's National Assembly inquiry session have led her to face criticism for her complacent and irresponsible stance on the nation's unbalanced runaway housing prices.

Anna J. Park | 2020-07-01 17:04

Are Moon's labor policies failing?

Are Moon's labor policies failing?

Questions are arising over the Moon Jae-in administration's labor policies to raise the minimum wage and grant regular worker status to subcontracted workers, at a time when the job market is frozen amid the COVID-19 pandemic.

Kim Bo-eun | 2020-06-30 17:03

Korean version of Elliott becomes elusive

Korean version of Elliott becomes elusive

The government's grand scheme of fostering a world-class asset management company here by abolishing discriminatory regulations against domestic funds has hit a snag, following a series of fiascos involving private equity funds (PEFs) that have caused massive damage to local investors.

Park Jae-hyuk | 2020-06-30 16:08

Debate continues over capital gains tax on stocks

Debate continues over capital gains tax on stocks

A heated debate is expected between lawmakers and the government over the latter's proposed plan to impose capital gains tax to a broader scope of retail investors in a set of tax code revisions to financial investment instruments, notably stocks.

Lee Kyung-min | 2020-06-29 17:17

Minimum wage discussion to strain businesses

Minimum wage discussion to strain businesses

The demand by unions for a minimum wage hike for 2021 is putting greater pressure on businesses, which are already reeling from the economic fallout from the COVID-19 pandemic.

Lee Kyung-min | 2020-06-29 16:53

Gov't advised not to be 'overly dependent' on BOK in economic crisis

Gov't advised not to be 'overly dependent' on BOK in economic crisis

The government is advised not to be “overly dependent” on the Bank of Korea (BOK) for its currency-issuing capacity in times of economic crisis. The focus should be directed on minimizing post-crisis market confusion.

Lee Min-hyung | 2020-06-29 16:50

[Reporter's Notebook] Why did joint prosecution team on stock crime have to be abolished?

[Reporter's Notebook] Why did joint prosecution team on stock crime have to be abolished?

Questions still linger about the Ministry of Justice's odd decision in late January this year to abolish the Stock Crime Joint Investigation Team at the Seoul Central District Prosecutors' Office. The decision was heavily criticized then by financial and legal experts over concerns that the disbandment of the team with special expertise on stock crimes would only bring benefi...

Anna J. Park | 2020-06-28 16:26

Financial Services Commission hit for 'Optimus fiasco'

Financial Services Commission hit for 'Optimus fiasco'

Attention is focusing on what appears to be the failure of the Financial Services Commission (FSC) - the authority handling financial policy - as scandals involving private equity funds continue to erupt, causing massive losses for investors.

Kim Bo-eun | 2020-06-26 17:19

'New consumption pattern to slow down inflation'

'New consumption pattern to slow down inflation'

The consumer price will remain at a near-zero level even after the coronavirus pandemic subsides, as consumers as well as companies are likely to reduce their spending and expand savings in the post-virus world as a precautionary step against the recurrence of such an unexpected external shock, Bank of Korea (BOK) Governor Lee Ju-yeol said Thursday.

Lee Min-hyung | 2020-06-25 17:08

'Capital gains tax on stocks could trigger fund outflow'

'Capital gains tax on stocks could trigger fund outflow'

Local investors will leave for advanced financial market overseas, if the government legislates its plan to impose a capital gains tax on stocks, industry watchers and market participants said Friday.

Lee Kyung-min | 2020-06-25 16:58

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