Economy
Seoul braces for greater market volatility amid Israel-Hamas war
The Korean government has made the necessary preparations to respond to any potential impacts caused by the ongoing military clashes between Israel and Hamas.
Oct 10, 2023
Anna J. Park
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.
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Economy
Entertainment stocks fluctuate over artists' contract statuses
The stock price of K-pop powerhouse YG Entertainment has been on a steep dive during the past two months, since its seven-year contract with superstar girl group BLACKPINK officially expired in early August.
Oct 10, 2023
Economy
Companies reluctant to issue bonds amid rising interest rates
Companies are turning to bank loans and asset sales to secure cash instead of issuing corporate bonds amid rising interest rates.
Oct 8, 2023
Economy
INTERVIEW Goodwater Capital co-founder Eric Kim shares insights and values in investment, life
Eric Kim is the co-founder and managing partner of Goodwater Capital, a multi-billion-dollar global venture capital firm based in Silicon Valley. Co-founded by Kim with Chi-Hua Chien in 2014, the venture capital firm has invested exclusively in consumer tech businesses with a clear mission-driven goal of empowering visionary entrepreneurs who can bring positive changes to the world. The firm is now the world's largest consumer-tech investment firm.
Oct 8, 2023
Economy
Triple whammy weighs heavily on Korean economy
The Korean economy is expected to undergo a highly uneven recovery as a toxic cocktail of rising inflation, high interest rates and a weakening Korean won are set to hamper growth in the second half of this year, according to analysts, Thursday.
Oct 5, 2023
Banking & Finance
Toss founder advises startups to 'think big' from public interest perspective
Lee Seung-gun, founder and CEO of Viva Republica, has advised fintech entrepreneurs to consider deeply how to provide benefits for the greater public, as innovation often comes from solving social problems.
Oct 4, 2023
Economy
Seoul to invest W5 tril. to become fintech powerhouse
Seoul Mayor Oh Se-hoon vowed Wednesday to inject a total of five trillion won ($3.7 billion) to foster fintech startups into unicorns and transform the capital into a global fintech powerhouse.
Oct 4, 2023
Economy
Value, consumer goods, financial stocks expected to gain momentum after Chuseok holiday
Sep 28, 2023
Economy
KDIC strengthens exchanges with US FDIC
The Korea Deposit Insurance Corporation (KDIC) and the Federal Deposit Insurance Corporation (FDIC) have agreed to enhance mutual cooperation and strengthen information sharing between the two organizations. The FDIC is a U.S. government corporation that supplies deposit insurance to depositors in American commercial banks and savings banks.
Sep 27, 2023