Korea Times Finance Reporter
Hello, I am Jun Ji-hye, a reporter at The Korea Times. I primarily cover financial authorities and write articles on a wide range of topics related to finance and capital markets. If you have any information to share, feel free to email me at jjh@koreatimes.co.kr, and I will review it carefully. I am committed to always doing my best to communicate with readers through high-quality articles.
Nearly 55 percent of Koreans prefer the U.S. stock market over the domestic one, with corporate innovation cited as the primary reason for their preference, according to a survey by the Korea Chamber of Commerce and Industry (KCCI), Sunday.
The lifting of the short selling ban next month will inevitably lead to a correction in overvalued stocks such as Hanwha Aerospace and HD Korea Shipbuilding & Offshore Engineering, industry experts said Sunday.
Six banks are participating in a joint project led by the Financial Security Institute (FSI) to develop a shared artificial intelligence (AI) model by integrating their individual systems, aiming to enhance voice phishing detection, the FSI said Thursday.
Seoul Guarantee Insurance (SGI), which is making its second attempt at a KOSPI listing, will implement a more proactive and differentiated shareholder return policy to become one of Korea’s leading dividend stocks, the company CEO said Wednesday.
Foreign investors are exiting in large numbers from major financial holding firms here despite their record-high earnings announcements, market watchers said Wednesday.
Financial Supervisory Service Gov. Lee Bok-hyun, front row center, poses with heads of 20 banks, including KB Kookmin Bank CEO Lee Hwan-ju, front row fifth from right, and Shinhan Bank CEO Jung Sang-hyuk, front row fifth from left, ahead of their meeting at the building of the Korea Federation of Banks in central Seoul, Wednesday. During the meeting, Lee urged bank CEOs to strengthen corporate governance to enhance shareholder value. Other participants include Citibank Korea CEO Yoo Myung-soon, front row third from left, Standard Chartered Bank Korea CEO Lee Kwang-hee, front row fourth from left, Woori Bank CEO Jeong Jin-wan, back row fourth from left, NH NongHyup Bank CEO Kang Tae-young, back row fifth from left, Hana Bank CEO Lee Ho-seoung, back row center, and Industrial Bank of Korea CEO Kim Seong-tae, back row fifth from right. Courtesy of Financial Supervisory Service
Corporations intending to short sell listed stocks are required to establish internal control standards to prevent naked short selling, according to the Financial Services Commission (FSC) Tuesday. Naked short selling involves selling shares before securing a borrow, which is prohibited under the Capital Markets Act in Korea.
Demand for the U.S. dollar is rising sharply as the Korean won weakened against the greenback, with market funds flowing into alternative investment products amid a shortage of gold bars, industry officials said Tuesday.
Dunamu, a blockchain and fintech company, has acquired MPAG, which operates digital sheet music platforms, the firm said Monday.
The National Pension Service’s (NPS) investment returns are estimated to have surpassed 15 percent in 2024, setting the stage for hitting a new all-time high for the second consecutive year, according to industry sources Monday.