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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.

Shinhan Bank chief calls for 'firm trust' for global growth

Shinhan Bank CEO Jung Sang-hyuk said the firm’s continued growth in the global market should be backed up by “firm trust” with customers.

Jul 16, 2024By Jun Ji-hye
Shinhan Bank chief calls for 'firm trust' for global growth
  • Shinhan Bank acquires stake in India's top student loan company
  • Shinhan Financial takes back leading status in Q1 earnings
  • Shinhan Bank, Korea Trade Insurance Corp. partner to foster 100 enterprises' exports
  • Shinhan Financial chairman to lead KCCI's financial industry committee

Beware of poppy seed seasoning products

Summer vacationers who bring back nutritional supplements and seasoning products after traveling abroad should make sure that those items do not include substances that are banned in Korea, the nation's customs agency said Monday.

Jul 15, 2024By Yi Whan-woo
Beware of poppy seed seasoning products

Banking apps to include ID within this year

Commercial banks will introduce digital identification cards on their mobile apps within this year to expand services to non-banking sectors, according to industry sources Sunday.

Jul 15, 2024By Yi Whan-woo
Banking apps to include ID within this year

New $7.28 minimum wage concerns small business owners

The rising minimum wage is putting mounting pressure on small business owners who find it increasingly difficult to hire workers. Some of them say that the burden of labor cost pushed them to file for bankruptcy.

Jul 14, 2024By Yi Whan-woo
New $7.28 minimum wage concerns small business owners

Will credit card payments for insurance premiums become available?

Credit cards are an everyday life in the digital era, but the insurance industry lags behind as most insurance firms do not accept credit card payments, citing high credit card fees as a reason.

Jul 12, 2024By Jun Ji-hye
Will credit card payments for insurance premiums become available?
  • Demographic crisis drives life insurers into non-life insurance sector
  • Insurance firms' Q1 net falls 11% on-year due to sharp drop in investment returns
  • Capital adequacy ratio of insurance firms falls in Q1
  • More non-life insurers restructure despite positive performances
  • Financial authorities, insurers move to embrace more expats

Korea bolsters foreign aid efforts to join world's top 10 development donors

The government is expanding financial support to developing countries, with its goal of becoming one of the world's top 10 donors of official development assistance (ODA) before the end of President Yoon Suk Yeol's term.

Jul 10, 2024By Yi Whan-woo
Korea bolsters foreign aid efforts to join world's top 10 development donors

Elon Musk calls Koreans 'smart' for owning Tesla stock as No. 1 pick

Tesla CEO Elon Musk called Koreans “smart,” for investing in stocks of the U.S. electric carmaker as their top pick over other companies outside Korea.

Jul 10, 2024By Yi Whan-woo
Elon Musk calls Koreans 'smart' for owning Tesla stock as No. 1 pick

Hana Financial supports Korean delegation for Paris Olympics

Hana Financial Group donated money to the Korean athletes heading to the 2024 Paris Olympics to wish for their success, the group announced Wednesday.

Jul 10, 2024By Yoon Ja-young
Hana Financial supports Korean delegation for Paris Olympics

Secondhand market growth gains pace

The secondhand market in Korea is growing rapidly, as persistent inflation pushes consumers with less purchasing power to opt for used or like-new items.

Jul 9, 2024By Yi Whan-woo
Secondhand market growth gains pace

Korean travelers' card spending in Japan more than doubles in H1

The card spending of Korean travelers in Japan more than doubled in the first half of this year compared to a year earlier, as the Japanese yen is extending its weakening trend.

Jul 9, 2024By Yi Whan-woo
Korean travelers' card spending in Japan more than doubles in H1
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