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.
Amid the recent rally in the cryptocurrency market, banks are exhibiting various levels of performance depending on whether they entered into partnerships with cryptocurrency exchanges.
The prices of both gold and Bitcoin have reached all-time highs in the Korean market, with market participants' increased anticipation over interest rate cuts by the U.S. Federal Reserve in June.
Aiming to offer differentiated services for various foreign communities in Korea, Hana Bank has begun issuing mobile financial certificates in 16 languages through its overseas remittance-exclusive mobile app HanaEZ, the bank announced on Monday.
Aiming to raise Kumho Petrochemical's shareholder values, Tcha Partners Asset Management has urged the company to cancel its excessive amounts of treasury stocks and appoint an outside board member who can represent the interests of general shareholders, the activist fund said Monday.
Cho Jin-hyung, research fellow at Kakao, has recently published an introductory book on environmental, social and corporate governance (ESG) issues, aiming to raise the public's understanding and awareness on the topic of sustainability.
Financial authorities are reviewing options to prevent financial companies that committed wrongful acts or unfair market practices from participating in government-led financial projects or the entrustment of the national pension fund's operation, industry officials said Friday.
Sampro TV, one of the most influential finance YouTube channels in Korea with over 2.3 million subscribers, failed to get the green light from a listing review committee at the Korea Exchange (KRX), the country's sole bourse operator.
Shin Ho-cheol, head of Kakao Pay's business development, has been nominated to become Kakao Pay Securities' new CEO as of next month, the brokerage arm of the big tech group announced.
This year is projected to witness a rebound in mergers and acquisitions (M&A) deals, marking an end to the sluggish market conditions experienced over the last two years, according to a Samil PwC report on Wednesday.
Financial authorities have decided to recognize foreign exchange transactions that occur in the early morning hours as taking place on the previous day. This move aims to enhance market efficiency and align with global standards more effectively.