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Reporter : Lee Yeon-woo
Sat, February 24, 2024 | 05:24
Trot star Lim Young-woong to represent Hana Financial Group
Hana Financial Group announced Friday that it has appointed trot singer Lim Young-woong as its new brand ambassador.
Kakao Mobility faces severe penalties for alleged accounting fraud
The Financial Supervisory Service (FSS) is seeking maximum sanctions against Kakao Mobility, citing allegations of accounting fraud.
Korea eyes more defense contracts with Poland once key law is revised
Korean defense companies breathed a sigh of relief as a law revision, intended to boost state-run Export-Import Bank of Korea's (Eximbank) equity capital, successfully passed the first round of voting at the National Assembly.
35 pensioners demand action from NPS over coal investments
A group of pensioners filed a lawsuit against the National Pension Service (NPS) chairman and other key executives on Thursday. The 35 subscribers said that the NPS' lack of policies to restrict investments in coal was directly linked to health issues and other problems experienced by the pension subscribers.
Updated FX regulations aim to simplify trading for foreign investors
Foreign investors will be able to trade Korea-listed stocks and bonds without navigating complex foreign exchange (FX) procedures and incurring additional costs.
Naver Webtoon's plan for Nasdaq listing draws mixed views
Naver Webtoon is preparing for a Nasdaq listing as early as June. While market observers anticipate that the listing could boost investor sentiment in the domestic webtoon industry, some question its effectiveness, suggesting it could harm Naver's already weak share price.
Political groups court young voters with pledges to ease virtual asset investment rules
Both the ruling and opposition parties are considering virtual assets as a strategy to appeal to young voters ahead of the April 10 general elections. The main opposition Democratic Party of Korea (DPK) took the initiative by promising to permit investments in and trading of Bitcoin exchange-traded funds (ETFs).
Webull prepares to enter Korean market
Webull, a prominent securities trading platform representing U.S. stocks, is preparing to enter the Korean market.
Bank of China fails to overturn $26 mil. tax imposed by Korea's tax authorities
The Bank of China (BOC) lost its legal battle in the Korean Supreme Court, failing to overturn a 35.8 billion won ($26.9 million) tax imposed by the Korea's tax authorities.
Men in mandatory military service left out of youth savings program
Korea Inclusive Finance Agency's reported rejection of men completing mandatory military service from opening government-subsidized savings accounts, or Youth Leap savings accounts, for young adults has sparked controversy here.
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