Korea Times Politics & City Reporter
Anna Jiwon Park has been covering the politics at The Korea Times since the summer of 2024, when she joined the press pool for the Office of the President in Korea. Prior to that, she spent about five years reporting extensively on financial markets, regulatory authorities and the financial industry. She joined The Korea Times in 2019 after spending eight years as a broadcast journalist at Arirang TV, Korea’s leading global broadcaster, covering politics, defense and culture.
Major financial groups have become strong sponsors for various sports in the country, leading to successful marketing campaigns and remarkable performances by sponsored teams or individual athletes at international sports competitions.
Kim Ye-jin, a 31-year-old office worker, increasingly relies on her cell phone for daily transactions instead of traditional cards.
As Korea burgeons into a pivotal data center hub in the Asia Pacific region, the advancing frontier of artificial intelligence (AI) and machine learning will function as a key factor for the nation's data center market growth in the coming years, Cushman & Wakefield's Korea data center advisory team lead highlighted.
The Financial Supervisory Service (FSS) plans to send out inspection reports to major sellers of equity-linked securities (ELS) products tied to the Hong Kong stock market, including five commercial banks — KB Kookmin, Hana, Shinhan, NH NongHyup Banks and Standard Chartered Bank Korea — sometime within this week.
MBK Partners' Special Situations Fund is expected to participate in an acquisition bid for Asiana Airlines' cargo business by teaming up with a domestic low-cost carrier (LLC), according to company officials and industry watchers, Sunday.
Yanolja is raising market expectations over its potential initial public offering (IPO) on the U.S. stock market at some point this year, as the travel tech firm achieved its first profit in its global cloud business last year. The company had previously stated that the stable growth of its cloud business would be an important precondition for it going public.
Faced with a rapidly aging population and ongoing low birthrate, Korea's non-life insurance sector is planning to create more plans tailored for older adults while strengthening coverages related to pregnancy and childbirth-related illnesses.
Naver's latest artificial intelligence (AI) technology will be applied to the financial tasks of the Financial Supervisory Service (FSS), as the two parties formed a strategic partnership on Wednesday.
Michael ByungJu Kim, co-founder and chairman of global private equity firm MBK Partners, said Korea's discounted share prices continue to provide opportunities for value investments.
Crypto.com, a global cryptocurrency exchange, announced on Tuesday that it will officially launch a trading platform application tailored for the Korean market later this month. The customized application, supporting trading between different cryptocurrencies, is scheduled to debut on April 29.