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 entertainment industry is projected to see strong growth next year, driven by the anticipated comebacks of major acts like BTS and BLACKPINK, according to brokerage houses Tuesday.
Yoo Jae-hoon, chairman and president of the Korea Deposit Insurance Corp. (KDIC), urged the National Assembly to work to promptly introduce the financial stability account, which was shelved during the previous Assembly.
Kbank has become the first in the banking sector to launch the service that allows investments in the Korea Exchange (KRX) gold market.
A record number of securities firms are poised to join the "1 trillion won club" this year, a status reserved for companies with an annual operating profit exceeding 1 trillion won ($714 million).
The alliance between private equity firm MBK Partners and Young Poong filed a shareholder derivative lawsuit against the board of directors of Korea Zinc, seeking approximately 700 billion won ($497 million) in damages.
JB Financial Group Chairman Kim Ki-hong has successfully secured a third term.
Meme coins like Dogecoin and Shiba Inu are experiencing explosive trading volume following Donald Trump’s victory in the U.S. presidential election last week, which sparked a positive outlook for the cryptocurrency industry.
Korea Zinc withdrew its plan for a large-scale capital increase through the issuance of new shares on Wednesday. This came a week after the Financial Supervisory Service (FSS) suspended the plan, citing concerns that it could cause significant misunderstanding among investors.
Discussions on revising the Commercial Act to be more favorable to shareholders are expected to intensify at the upcoming year-end regular session of the National Assembly, as the main opposition Democratic Party of Korea (DPK) pushes to pass the amendment before the end of the year. The DPK is pushing to revise the Commercial Act to expand corporate directors' duty of loyalty to include shareholders, a move aimed at shielding minority shareholders from what it describes as unfair practices by companies run by large, family-owned business conglomerates whose stocks are publicly traded.
Toss Securities appointed Richard J. Hagen as the local CEO of its subsidiary TSA Financial (TSAF) and began the process of obtaining a U.S. broker-dealer license by the end of the year, the company said Tuesday.