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.
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.
Banks are actively participating in nationwide efforts to address low birthrates by expanding maternity and child care-related benefits for their employees, industry officials said Friday.
Banks are halting the sales of silver bars amid surging demand, driven by increasing global uncertainties brought by U.S. President Donald Trump’s tariff threats, industry officials said Friday.
The sale of MG Non-Life Insurance is facing setbacks due to opposition from its labor union, raising the possibility that Meritz Fire & Marine Insurance, the preferred bidder, may withdraw the takeover bid, industry officials said Friday.
Nonprofit corporations such as social welfare corporations and universities will be allowed to open accounts for virtual assets in the second quarter, the country’s financial regulator said Thursday.
As Korea’s first alternative trading system, Nextrade (NXT), is scheduled to launch on March 4, a dual-market structure for stock trading will be established alongside the Korea Exchange (KRX).
The majority of travel agencies have rejected a collective mediation proposal for victims of large-scale payment delays to vendors by cash-strapped TMON and WeMakePrice. As a result, only 48 out of 122 companies have accepted the refund settlement, according to the Korea Consumer Agency (KCA), Wednesday.
Banks are using vehicles such as buses and vans as mobile branches to meet the demand for in-person banking services, as they have reduced the number of their offline branches due to soaring rent costs and declining foot traffic, industry officials said Wednesday.
The National Pension Service (NPS) sold its Nvidia and other leading U.S. tech stocks to realize profits in the fourth quarter of last year, adjusting its portfolio to reflect the current shift in investor interest from artificial intelligence (AI) hardware to AI software, according to its regulatory securities report Tuesday.
The Financial Supervisory Service (FSS) will support the establishment of an accountability framework within financial institutions this year, vowing to prevent misconduct by taking strict measures against irresponsible executives and employees under its zero-tolerance policy, FSS Gov. Lee Bok-hyun said Monday.