my timesThe Korea Times
Business

Banking & Finance

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
CEO & Publisher: Oh Young-jinDigital News Email: webmaster@koreatimes.co.krTel: 02-724-2114Online newspaper registration No: 서울,아52844Date of registration: 2020.02.05Masthead: The Korea TimesCopyright © koreatimes.co.kr. All rights reserved.

Can Korea overtake Japan in exports?

Korea is seeing an accelerated increase in its exports, prompting speculation that it could overtake Japan in exports for the first time this year.

Aug 6, 2024By Yi Whan-woo
Can Korea overtake Japan in exports?

Low-income older couples want $1,550 to sustain 'ordinary' life

Couples who fall in the bottom 70 percent income bracket among all older adults in Korea deem they need at least 2.14 million won ($1,550) per month to sustain a “normal and ordinary” lifestyle, according to data, Tuesday.

Aug 6, 2024By Yi Whan-woo
Low-income older couples want $1,550 to sustain 'ordinary' life

Kbank’s second IPO push hits unexpected snags

Kbank's second attempt to list on the country's main exchange, KOSPI, is facing numerous challenges, increasing the likelihood that one of the high-profile initial public offerings (IPO), scheduled for the latter half of this year, may not go according to plan following a failed attempt last year.

Aug 6, 2024By Jun Ji-hye
Kbank’s second IPO push hits unexpected snags
  • K bank names digital expert as new CEO
  • Kbank's IPO push gains momentum from record H1 earnings

HK-tied ELS losses loom once again amid plunging index

As Asian stock markets plunged on Monday, concerns about investor losses related to equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index loomed over Korea once again.

Aug 6, 2024By Lee Yeon-woo
HK-tied ELS losses loom once again amid plunging index

Can TMON and WeMakePrice successfully exit corporate rehabilitation?

All eyes are on whether cash-strapped TMON and WeMakePrice will be able to seek debt restructuring on their own after the Seoul Bankruptcy Court approved an autonomous restructuring support (ARS) program for the two e-commerce platforms on Friday.

Aug 5, 2024By Jun Ji-hye
Can TMON and WeMakePrice successfully exit corporate rehabilitation?
  • Court freezes assets, debts of TMON, WeMakePrice amid liquidity crisis
  • Qoo10 founder pledges to offer 'everything' to fix TMON, WeMakePrice liquidity crisis
  • TMON, WeMakePrice raided for delayed vendor payments amid liquidity crisis
  • Financial watchdog considers revamp after TMON, WeMakePrice crisis
  • Unsettled payments of TMON, WeMakePrice triple to $613 million

Financial authorities mull separating payment gateway services from e-commerce firms

Financial authorities are considering a plan to decouple payment gateway services from e-commerce companies following the liquidity crunch at TMON and WeMakePrice that has caused delays in payments to sellers and refunds to customers, according to government sources, Sunday.

Aug 4, 2024By Jun Ji-hye
Financial authorities mull separating payment gateway services from e-commerce firms
  • Yoon calls for dealing with TMON, WeMakePrice incident according to law
  • TMON, WeMakePrice raided for delayed vendor payments amid liquidity crisis
  • Court grants troubled TMON, WeMakePrice 1 month for self-debt restructuring

More non-life insurers restructure despite positive performances

An increasing number of non-life insurers have been restructuring despite their positive performances in recent months. This is interpreted as a move to improve workforce structure to respond to rapidly changing management environments such as digital transformation.

Aug 4, 2024By Jun Ji-hye
More non-life insurers restructure despite positive performances
  • Will credit card payments for insurance premiums become available?
  • Insurers rush to launch virtual asset insurance ahead of law implementation
  • Pet, travel insurance comparison services launched, key industry players absent

INTERVIEW Meet the builder who shaped Toss' notable brand identity

Should I save money even though I'm always short? Why can't I stop overspending? These are not questions that a customer would typically ask a financial firm.

Aug 3, 2024By Lee Yeon-woo
[INTERVIEW] Meet the builder who shaped Toss' notable brand identity

Court grants troubled TMON, WeMakePrice 1 month for self-debt restructuring

A court on Friday granted cash-strapped e-commerce platforms TMON and WeMakePrice one month to seek debt restructuring on their own, after they failed to make payments to their vendors.

Aug 2, 2024By Yonhap
Court grants troubled TMON, WeMakePrice 1 month for self-debt restructuring
  • Financial authorities mull separating payment gateway services from e-commerce firms

Unsettled payments of TMON, WeMakePrice grow to over $200 mil.

The amount of unsettled payments from TMON and WeMakePrice identified by the government has hit a total of 274.5 billion won ($200 million), increasing by 61.1 billion won over six days. Including amounts due for settlement soon, the scale is still expected to more than triple.

Aug 2, 2024By Lee Yeon-woo
Unsettled payments of TMON, WeMakePrice grow to over $200 mil.
previous page
120121122123124
next page

Most Read in Business