Korea Times Politics & City Reporter
Yi Whan-woo is a Korea Times journalist primarily covering finance. He writes in-depth articles on macroeconomy and financial markets and previously covered sports, politics, diplomacy and inter-Korean affairs, among others. Feel free to contact him at yistory@koreatimes.co.kr.
Major commercial banks are pushing to heal internal divides through teambuilding gatherings and other relevant activities, as they continue to speed up internal regulatory overhauls, bank officials said Monday.
Acting President Choi Sang-mok, who is also the minister of economy and finance, will not attend this year’s first meeting of finance ministers and central bank governors from G20 member nations, fueling concerns over Korea’s absent leadership on the global financial stage, according to experts, Monday.
Major financial groups are seeking to carry out large-scale reshuffles of outside directors at their respective shareholders’ meetings next month, as part of efforts to enhance internal regulatory controls, according to industry officials, Friday.
The Korea Minting and Security Printing Corp. (KOMSCO) is recycling materials that are left over from manufacturing banknotes and coins to make a range of souvenirs, the company said Thursday.
The Korea Exchange (KRX) is updating the review process for the largest shareholders of companies that plan to go public to prevent them from taking massive profits while inflicting losses on retail investors, industry officials said Thursday.
Park Myung-shin, a mother of a 14-year-old middle schooler, says she is often worried about her daughter’s lack of basic economics and finance knowledge.
The lackluster performance of restaurant franchise company Theborn Korea on the main Korean bourse has raised concerns among food and beverage (F&B) franchises that plan to go public in the coming months, industry officials and analysts said Wednesday.
Samsung Group has hired a string of former finance ministry officials for key posts as the country’s top business group increasingly seeks to capitalize on bureaucrats’ expertise in risk management over heightened economic uncertainties, industry officials said Tuesday.
Shin Dong-sub, a manager at Shinhan Bank, plays a key role in Shinhan Hakijae, a financial consumer education center designed to bridge the digital divide for older adults. With a career dedicated to consumer protection and financial accessibility, he has been at the forefront of efforts to ensure that all consumers, regardless of age or ability, can confidently navigate digital banking services.