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.
Securities firms in Korea are facing criticism for their lack of attention to protecting individual investors, despite achieving strong performances in the first half of the year thanks to increased trading volume by these investors in U.S. stocks.
Despite government-led efforts to address Korea’s low birthrate, most domestic companies have implemented inadequate measures to support their employees with childbirth and child care, according to the Korean Peninsula Population Institute for Future, Monday.
The duty free industry, which was severely affected by the COVID-19 pandemic, is still struggling to recover despite an increase in international tourists following the transition to an endemic phase last year.
The Financial Supervisory Service (FSS), the country’s financial watchdog, is looking into Naver Pay and Toss to determine whether they have transferred personal credit information to third parties without receiving consent from customers.
Financial authorities and insurance companies in Korea are swiftly expanding services for international customers in response to the rapid growth of the foreign population, driven by an increase in the number of migrant workers.
More banks are hiking mortgage interest rates in response to directives from the Financial Services Commission aimed at curbing the ongoing growth of household debt.
Concerns are growing that Korea has become a playground for cross-border speculators in the cryptocurrency market. Last month, fluctuations in the value of the altcoin Avail on Bithumb raised suspicions of possible borrowed-name transactions by foreigners and price manipulation.
Global companies like Amazon, Apple and Google have turned their headquarters into attractions themselves, conveying their company philosophy and message to both employees and tourists.
Investors in Korea, who were actively buying Nvidia stocks in the first half of this year, have shifted to aggressive selling in the second half amid growing concerns that the monetization of the artificial intelligence (AI) industry might be delayed compared to initial expectations.