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.
Cryptocurrency exchange Bithumb is aggressively pursuing partnership marketing following its zero-fee policy, implemented on Oct. 1, in an effort to increase the number of new users.
Private equity firm MBK Partners and Young Poong, which teamed up in a bid to gain management control over Korea Zinc, expressed regret on Monday over a Seoul court's decision to dismiss their second injunction request aimed at halting the zinc smelting firm’s treasury stock buyback.
Domestic banks’ delinquency rate, based on loans with principal and interest overdue by more than one month, has steadily increased following the end of the COVID-19 pandemic, reaching its highest level in 69 months.
The National Pension Service (NPS) has paid over 1.2 trillion won (approximately $875 million) in fees for the management of foreign stocks by third-party managers over the past three years, but the returns from these portfolios have been lower compared to those from direct investments, according to Rep. Suh Myung-ok of the ruling People Power Party, Friday.
Financial Supervisory Service (FSS) Governor Lee Bok-hyun vowed, Thursday, to thoroughly investigate illegal or unfair practices occurring in financial institutions and enforce strict accountability, as such incidents damage trust in the financial industry.
The recent downturn in the semiconductor industry has led to a significant decrease in the valuation of domestic listed company stocks held by the National Pension Service (NPS).
Approximately 140,000 more people found jobs last month compared to the same month last year, marking the third consecutive month of increases in the 100,000 range, according to Statistics Korea on Wednesday.
The Bank of Korea (BOK) experienced 97 cyberattacks last year, including one instance of a distributed denial-of-service (DDoS) attack, according to National Assembly officials, Tuesday.
Kbank expects to raise over 1 trillion won ($734 million) through its upcoming initial public offering (IPO) scheduled for Oct. 30, the bank's CEO Choi Woo-hyung said, Tuesday. He stated that these funds will be focused strategically on three key areas — retail banking, small and medium-sized enterprise (SME) lending and platform development — in order to accelerate the bank’s growth.