KoreaTimes(367) - Policies, Finance, page 44

The Korea Times

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Finance

Policies

Thu, January 28, 2021 | 18:27

Central banks advised to understand 'sustainable' concept of bitcoin

Central banks advised to understand 'sustainable' concept of bitcoin

Central banks need to have a clear understanding of the sustainable concept of bitcoin before issuing their own versions of digital currency, or they could end up being exposed to political risks, claims a Seoul-based bitcoin expert. “Currencies have historically become unsustainable because of political risks,” Bitcoin Center Korea CEO Ra Sae-yong said in an interview on Mar...

Lee Min-hyung | 2020-03-12 16:12

FSS to strengthen supervision of sales activities

FSS to strengthen supervision of sales activities

The Financial Supervisory Service (FSS) said Thursday it will strengthen supervision of financial firms' sales activities as a key task for this year.

Kim Bo-eun | 2020-03-12 15:43

Pledge to help K bank

Pledge to help K bank

Financial Services Commission Chairman Eun Sung-soo speaks at a national policy committee meeting at the National Assembly at Yeouido, Seoul, Wednesday. Eun said the financial authority would seek to assist the troubled internet-only bank in increasing its capital. / Yonhap

Kim Bo-eun | 2020-03-11 16:19

The cost of an entry ban on China

The cost of an entry ban on China

Should Korea impose an entry ban on China to contain COVID-19? Certainly Hwang Kyo-ahn, chairman of the main opposition United Future Party, and his party think so. Fueled by growing fears over the spread of coronavirus, more than 760,000 Koreans signed a petition - filed on Jan. 23 - demanding that the Moon administration take a “preemptive” stance by stopping the inflow of ...

Lee Kyung-min | 2020-03-10 22:55

Preemptive strategies needed to handle virus crisis

Preemptive strategies needed to handle virus crisis

The outbreak of the coronavirus in Wuhan, and its rapid spread across China and other countries, has been sounding alarm bells for businesses around the world. Many companies based in China shut down their factories for weeks, which has affected global supply chains for businesses everywhere, ranging from tech companies to automobile manufacturers to retailers.

Kim Bo-eun | 2020-03-10 14:47

Virus, China slowdown to hammer Korean economy

Korea to tighten rules on stock short selling amid market rout

Korea to tighten rules on stock short selling amid market rout

South Korea's financial authorities said Tuesday they will tighten regulations on stock short selling as part of market stabilization measures amid increased fluctuations sparked by the outbreak of the new coronavirus and a slide in global oil prices. Finance Minister Hong Nam-ki said the government will temporarily ease its requirements for the designation of certain shares ...

2020-03-10 09:26

Seoul stocks crash on fears of pandemic

Korea one step closer to cryptocurrency taxation

Korea one step closer to cryptocurrency taxation

The government will speed up its efforts to tax cryptocurrencies after the National Assembly passed a revision to the Reporting and Using Specified Financial Transaction Information Act, industry officials said Monday.

Park Jae-hyuk | 2020-03-10 09:20

[INTERVIEW] 'BOK should opt for one-time large cut'

[INTERVIEW] 'BOK should opt for one-time large cut'

Attention has grown over possible moves the Bank of Korea (BOK) will take next month, after the U.S. Federal Reserve made an emergency 50 basis point rate cut March 3 (local time) amid the rapid spread of the COVID-19 coronavirus worldwide.

Kim Bo-eun | 2020-03-09 14:58

Red tape baffles virus-hit SMEs

Red tape baffles virus-hit SMEs

Many small- and medium-sized enterprises (SMEs) hit hard by the rapid spread of the new coronavirus continue to experience difficulty in taking out loans, due mostly to a lack of manpower to process their requests coupled with overall administrative inefficiency.

Lee Kyung-min | 2020-03-08 16:51

'Rate cuts not enough to keep economy on track as virus spreads'

'Rate cuts not enough to keep economy on track as virus spreads'

'Rate cuts not enough to keep economy on track as virus spreads'

The Bank of Korea's possible 25 basis points cut in its benchmark key rate may not be enough to keep the economy on track, as the spread of the COVID-19 coronavirus, in itself, should never be a determining factor for monetary easing, experts said Sunday.

Lee Min-hyung | 2020-03-08 16:48

41 42 43 44 45 46 47 48 49 50

WooriBank

Top 10 Stories

DARKROOM

WooriBank

Code of Ethics

Copyright