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.
Mirae Asset Global Investments said Thursday that the spot gold exchange-traded fund (ETF) operated by its subsidiary, Global X Australia, surpassed $2.5 billion in net assets.
Bae Young-sook, a receptionist at a tourist information center in central Seoul, has been receiving more inquiries from foreign tourists in recent years, as they have been unable to use cash at buses or franchise cafes.
The Korea Minting and Security Printing Corp. (KOMSCO) joined an annual international fair to keep up with the fast-changing trends occurring in the production of banknotes and coins, the company said Wednesday.
The government is increasingly relying on inheritance and gift taxes in the collection of taxable income, which, according to experts, is a worrisome sign that the Korean economy is losing vigor as its population is aging at a faster pace, according to the data and experts on Wednesday.
Mirae Asset Global Investments hosted its annual meeting to bring together employees working in the global exchange-traded fund (ETF) market and discuss strategies for innovation, the company said Tuesday.
Financial holding companies are eyeing the nursing care industry for older adults as the next growth engine, as Korea has become a super-aged society, according to industry officials Monday.
Kim Young-soon, an office cleaner in her early 70s, says she grapples with high costs of living as her disposable income has been decreasing in recent years.
Multiple big-name companies that have garnered attention as candidates for this year’s stock market debut are now drawing skepticism over whether they can succeed in the wake of LG CNS' disappointing debut.
A rebound in consumer inflation last month is stoking concerns that Korea may face the possibility of stagflation — a combination of stagnant economic growth and high inflation.
Korea is facing growing calls for a supplementary budget to prop up its sagging economy as the escalating global trade war ignited by U.S. President Donald Trump’s hostile tariff policies against trading partners will likely put a dent in its exports, economists and scholars said Tuesday.