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.
Discussions on allowing corporate accounts for virtual asset trading are expected to gain significant momentum as financial authorities and experts plan to hold a related meeting later this month.
Trading suspensions and other service disruptions have repeatedly occurred at domestic cryptocurrency exchanges, yet investors have no recourse for compensation due to a lack of a legal framework.
The income gap between the top and bottom 10 percent of households in Korea last year exceeded 200 million won ($136,000) for the first time, while the disparity in assets between these groups grew to over 1.5 billion won, according to Statistics Korea, Sunday.
Cryptocurrency investors in Korea welcomed the U.S. Justice Department’s announcement that Do Kwon, the crypto tycoon involved in the 2022 collapse of TerraUSD and Luna coins, could face up to 130 years in prison if he is convicted of fraud and other charges.
Gold prices, which surged dramatically throughout last year, are poised to continue their ascent in the months ahead, sparking heightened interest and anticipation among investors.
Competition among securities firms for initial public offering (IPO) underwriting is expected to remain fierce this year, following last year’s intense rivalry.
The leaders of Korea's four major financial groups identified strengthening internal controls and enhancing business operations as their top priorities, acknowledging that 2025 will be a challenging year.
Disgraced crypto tycoon Do Kwon, a key figure related to the 2022 collapse of TerraUSD and Luna coins, has been extradited to the United States, where he will face federal fraud charges.
The government borrowed a record 173 trillion won ($117.5 billion) through the Bank of Korea’s (BOK) short-term lending system last year mainly to cover a tax revenue shortfall, Rep. Lim Kwang-hyun from the main opposition Democratic Party of Korea said Wednesday.