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On the Spot
Tue, July 16, 2019 | 03:33
Shinhan, KB chairmen on the move overseas
The chiefs of Shinhan and KB financial groups are traveling overseas to meet investors, find new business opportunities and build networks. Shinhan Financial Group Chairman Cho Yong-byoung is in Australia for meetings with investment bank and financial services company Macquarie Group.
| 2019-06-04 16:03
Volunteering for single mothers
Macquarie Korea employees make flower arrangements for single mothers and their children at a welfare center in Nowon-gu, northern Seoul, Friday. This was part of Macquarie Korea's annual "community day,” a day for volunteer activities and donations, which marks its 10th year this year. / Courtesy of Macquarie Korea
| 2019-06-03 16:58
Korea, Cambodia seek to strengthen economic ties
Officials from Korea and Cambodia discussed furthering economic cooperation at a symposium hosted by The Hankook Ilbo and The Korea Times, Monday. The event was held as the Moon Jae-in administration seeks to strengthen economic and political ties with countries in Southeast Asia.
| 2019-06-03 16:43
Hanwha to launch first digital non-life insurer this month
Hanwha General Insurance will launch Korea's first digital non-life insurer, dubbed Carrot, as a subsidiary this month, the company said Friday.
| 2019-06-03 16:11
Celebrating 30th anniversary
MetLife Korea CEO Song Yong-rok, center, cuts a cake with employees at an event celebrating MetLife Korea's 30th anniversary, at the Oak Valley resort in Gangwon Province, May 24. The event was held a week ahead of its founding day, which falls on June 1. / Courtesty of MetLife Korea
| 2019-06-03 16:09
Rising bad loans hit internet banks
The nation's two internet-only banks ― K bank and Kakao Bank ― are experiencing a steady increase in bad loans amid the economic slowdown.
| 2019-05-31 16:48
Three contenders vying for CREFIA chief position
The Credit Finance Association of Korea (CREFIA) has narrowed the pool of candidates for its new chairman to three. They are Kim Joo-hyun, former president of the Korea Deposit Insurance Corporation; Lim Yoo, former senior executive of CREFIA; and Jeong Su-jin, former KEB Hana Card CEO.
| 2019-05-31 16:38
Gov't to boost derivatives trading
The government pledged Thursday to boost derivatives trading by removing unnecessary regulations within this year. "Regulations are barring the entry of individual investors into the market, and the participation of institutional investors," Financial Services Commission (FSC) Chairman Choi Jong-ku said at the Korea Exchange in Busan.
| 2019-05-30 17:05
Naver, Kakao to compete in mobile payment services in Japan
Naver and Kakao Pay will extend their mobile payment service battle to Japan in June as both are set to launch services there, which will enable Korean travelers in Japan to make purchases via their systems. The move comes after the government revised related regulations a week ago to enable local mobile payment services to operate overseas. The revised regulation will go int...
| 2019-05-28 15:57
Woori Bank's intellectual property rights recognized
Woori Bank's Chief Customer Officer Cho Su-hyeong, center, poses with Prime Minister Lee Nak-yon, left, and a Woori Bank official at an award ceremony for inventors hosted by the Korean Intellectual Property Office (KIPO), at COEX in southern Seoul, Tuesday. Woori Bank was the first financial firm to receive the presidential award for its intellectual property. Cho, who is in...
| 2019-05-28 15:50
Shinhan Card develops blockchain-based payment system
Moon to Abe: 'Korea will overcome export restrictions with united power'
Moon warns Japan of bigger damage
BOK under growing pressure to cut key rates
Sharks prowling Korean beaches?
Abe jeopardizes S. Korea-US-Japan security cooperation
English-language driver's license to be issued in September
'We don't sell Japanese goods' [PHOTOS]
Japanese man booked for filming FINA athletes secretly
Samsung to roll out Note 10 here on August 23
Celebrating Korea-Czech relations
Festivals around the globe
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