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.
IMM Private Equity's star player Eugene Kim, CEO at Hanssem since August, has become the private equity firm's first female partner, the company announced Friday.
Korea will overtake France and Italy and ascend to the world’s top seven economies by 2040 with its per capita GDP exceeding $70,000 if the Asian country succeeds in overhauling its industrial structure and embraces more foreign talent, according to McKinsey & Company.
With the global economy's projected growth for next year slowing amid increased uncertainties, the Korea Deposit Insurance Corporation (KDIC) aims to bolster its crisis response monitoring system for the domestic financial sector, the agency's head said Friday.
The Financial Supervisory Service (FSS) has launched on-site inspections regarding the soundness of domestic savings banks, as many of them are showing signs of an increase in delinquency rates that are reaching worrying levels.
Naver Pay's QR code payment has now become available at offline stores in 65 countries and regions around the world.
Looming threats from both domestic and global real estate project financing are expected to be the greatest challenges facing the Korean economy next year, experts from credit rating agencies S&P Global Ratings and NICE Investors Service said Wednesday.
Ending a months-long downward trend, the stock price of YG Entertainment soared again by 25.63 percent in a single trading session on Wednesday over the firm's success in renewing its contract with BLACKPINK.
Deloitte's green-tech solution founder aims to accelerate net-zero pathwaysBy Anna J. ParkDeloitte globally launched GreenSpace Tech, a climate technology ecosystem initiative, in January this year, aiming to facilitate decarbonization and sustainability through its extensive global network of climate technology specialists and innovators. Since its launch, it is now operating in 23 countries, including the U.S., U.K., Australia and Korea, providing robust solutions and tailored insights to over 40 business projects so far.
The Financial Services Commission (FSC), the country's top financial regulator, has confirmed a suspension of business for NH Futures' foreign exchange operations for just over five months, starting this week.
Despite the country's not-so-bright economic outlook for 2024, Seoul's prime office building market is expected to continue enjoying high demand next year, a global real estate firm said Tuesday.