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Thu, April 26, 2018 | 16:47
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    Economy  >  Finance  >  
    Bank employees in hot seat for 'excessive' demands
    Maintaining flexibility and a work-life balance is truly an integral part of society and how companies and organizations should operate. There's no debate about that.
    Finance | 2018-04-26 15:43
    IBK agrees to buy Mitraniaga bank in Indonesia
    Industrial Bank of Korea (IBK), the country's leading lender, will acquire a controlling stake in Indonesia's PT Bank Mitraniaga Tbk.
    Finance | 2018-04-25 16:26
    Woori moving to downsize workforce
    Woori Bank has decided to implement a voluntary retirement program primarily to reduce the number of senior managers, despite its record profits over the past year.
    Finance | 2018-04-25 15:32
    Shareholders urged to stop Korean Air owner family
    As the irregular behaviors of Korean Air Chairman Cho Yang-ho's daughters are tarnishing the corporate image, small investors are demanding other large shareholders including the National Pension Service (NPS) actively exercise their voting rights to stop the family members and pull up the corporate value.
    Finance | 2018-04-24 16:27
    • Corporate watchdog probing unfair biz practices at Korean Air
    SC Bank Korea launches keyboard banking
    Following development of fintech, local banks are engaged in a fierce battle in the mobile sector. Some of them scrapped fees while launching remittance services that do not require cumbersome authentication. Others launched an AI-based banking platform, where customers can make financial transactions as if conversing with bank tellers. They have become banks in customers' ha...
    Finance | 2018-04-24 16:23
    KOMSCO holds 'minting Olympics'
    Korea Minting and Security Printing Corp. (KOMSCO) said Monday it is holding the 30th Mint Directors Conference (MDC), a worldwide conference of minting industry experts.
    Finance | 2018-04-23 16:37
    New NH chief to enhance non-banking sectors
    New Nonghyup (NH) Financial Group Chairman Kim Gwang-soo said he will strengthen the non-banking sectors as the group's future growth engines. He did not specify a detailed plan, but the group will also expand its overseas operations as well.
    Finance | 2018-04-22 17:07
    Bio stocks plunging on controversy over fundamentals
    As the country's leading bio companies are fluctuating in the stock market, analysts warn that it might be signaling the collapse of a bubble. They point out the market had been irrationally overheated over the past few months, with many companies claiming to be bio popping up and many investors betting on them without proper evaluation.
    Finance | 2018-04-20 17:06
    Peace treaty hype lowers 'Korea discount'
    As South Korea works at turning an armistice with North Korea into a permanent peace treaty, local stocks are gaining momentum on expectations that the market will overcome the so-called “Korea discount,” or share undervaluation. The main KOSPI bourse closed at 2,486.1, up 0.25 percent from Wednesday, following a 1.07 percent gain the previous day.
    Finance | 2018-04-19 16:27
    Shinhan to use Amazon's AI technology
    Shinhan Financial Group, the country's top financial holding group, said Thursday it has signed with U.S. retail giant Amazon to jointly develop online financial services.
    Finance | 2018-04-19 15:56
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