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Wed, October 20, 2021 | 20:00
Finance ministry should not be afraid of Western media
Finance ministry officials should have more guts and faith in their policies and let the market prove they were right against foreign critics
3 candidates to vie for KB chairmanship
The race for the chairmanship of KB Financial Group, the nation’s largest banking group, has been narrowed down to three candidates as one has pulled out from the competition ahead of interviews with the board scheduled for Tuesday.
Seoul hits foreign banks with new FX regulations
The government announced a set of tight measures on foreign exchange control Sunday, in a bid to ease heavy volatility on the local financial market.
Can mighty Ssangyong union be a dealmaker?
Tear gas, barricades of fire, metal bolts flying from sling shots, and desperate suicide notes were what the outside world saw of the labor union of Ssangyong Motors. Once considered one of the most militant labor unions in Korea, the carmaker's employees are now eager to shed the aggressive image and assist in finding a new owner. But they still have a message for potential ...
JP Morgan Korea CEO under investigation
Steve Lim, the chief executive of JP Morgan Korea, is under investigation in a stock-trading fraud case, sources said Thursday.
Jobless rate falls to pre-crisis level of 3.2%
More than half a million jobs were created in May alone, pushing down the unemployment rate by 0.5 percentage points to the pre-crisis level of 3.2 percent, the Ministry of Strategy and Finance said Wednesday.
Korean economy on a continued rebound
The economy is making a continued rebound despite uncertainty prompted by Europe's debt problems and increasing emphasis on fiscal soundness, the Korea Development Institute (KDI) said Tuesday.
Korea to get largest stimulus cut among G-20
The International Monetary Fund (IMF) has forecast that the economic recovery in South Korea will help reduce its planned stimulus budget this year by the largest amount among G-20 nations.
Yoon chides Hungary for incompetence
Finance Minister Yoon Jeung-hyun has disapproved of Hungarian government officials for the inept dealing of their country's debt worries, which rattled the financial market all over the world during the G-20 ministers' meeting this past weekend in Busan.
20 nations push for 20 differing agendas
The G-20 meeting is finding it increasingly difficult to come up with a universal solution to reform the financial sector, and to agree on how to prioritize issues they must deal with. National interests are often poles apart, and it is becoming a daunting task for the representatives to meet the deadline by November's Seoul summit.
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