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On the Spot
: Lee Kyung-min
Thu, July 18, 2019 | 12:01
Financial services for foreign residents
Foreign residents of Korea promote the opening of a financial services center run by Sentbe in Ansan, Gyeonggi Province, a region known for its large foreign population, May 10. The new fintech firm said the center offers various services to foreigners from 17 countries including cash remittance. Courtesy of Sentbe
| 2019-05-10 16:56
Current account surplus dips to nearly 7-year low
The nation's current account surplus fell to a near seven-year low of $11.2 billion in the first quarter due to a sharp fall in exports of key items such as semiconductors, the Bank of Korea (BOK) said Wednesday. The figure was the smallest surplus on a quarterly basis since the second quarter of 2012 when it came in at $10.94 billion.
| 2019-05-08 17:20
Alliance for single parents
KEB Hana Bank CEO Ji Sung-kyoo, fourth from left, and Korea Housing Finance Corp. (KHFC) CEO Lee Jung-hwan, third from left, pose at the KHFC in Seoul, April 7, after signing an agreement to form a business alliance for helping single parents by offering financial support for their housing. Courtesy of KEB Hana Bank
Banks seek to attract child customers
Local banks are introducing financial products targeting children to strengthen their future customer base. Woori Bank said Tuesday it has signed a memorandum of understanding (MOU) with Smart Study, a Seoul-based global entertainment company best known as the producer of Pinkfong, a popular children's cartoon.
| 2019-05-07 18:01
Won likely to continue to weaken against dollar
The Korean won is expected to continue to lose value against the U.S. dollar in the coming months, according to analysts, Friday.
| 2019-05-05 17:23
Life insurers roll out family-oriented products in May
Life insurers are rushing to introduce wide-ranging products that strengthen family values in May ― the month of family, Sunday.
| 2019-05-05 17:21
Salaried workers, self-employed poles apart on economy
Lee Jong-whan, 64, who runs a Korean food restaurant in northern Seoul, says every day is a challenge to keep his business afloat due to the hourly minimum wage hike and shorter work-week.
| 2019-05-05 16:56
Financial leaders to thwart protectionism
Finance ministers and central bank governors of Korea, China and Japan reiterated their firm commitment to fighting trade protectionism, a collective opinion that recognizes the challenging global trade environment, notably the ongoing U.S.-China trade dispute.
| 2019-05-02 17:23
KB Kookmin launches new customer review panel
KB Kookmin Bank launched a sixth customer review panel, Tuesday, to improve customer service, it said Wednesday.
| 2019-05-01 17:12
KEB Hana launches family-friendly events, products in May
KEB Hana Bank has introduced financial products and events that will help enrich family values in May, the month of family, it said Wednesday.
| 2019-05-01 17:12
Ban on intrusive job interview questions comes into force
Typhoon barreling toward Korean Peninsula
McDonald's customer served 'almost completely raw' chicken burger
Hollys, Daiso struggling with tumbler fiasco
Psy unveils music video in collaboration with Suzy
Washington unwilling to actively mediate Seoul-Tokyo trade friction
Ex-Samsung engineer develops app for healthy diet
Skepticism growing over Korean economy
CEO brings Prestigious startup to Korea
Rockies' Oh Seung-hwan to undergo season-ending elbow surgery
Celebrating Korea-Czech relations
FINA World Championships 2019
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