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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.

Platform subscription fee hikes weigh on consumers

Lee Jung-shik, a movie and drama fanatic, found it financially burdensome when e-commerce giant Coupang recently joined other streaming companies and hiked its fee to enjoy streaming services.

May 1, 2024By Yi Whan-woo
Platform subscription fee hikes weigh on consumers

Life insurers push to advance into death care industry

Life insurance companies are pushing to tap into the death care industry that has been growing in Korea's rapidly aging society.

Apr 30, 2024By Yi Whan-woo
Life insurers push to advance into death care industry

KRX hosts seminars as follow-up project to Corporate Value-up Program

The Korea Exchange (KRX) has been hosting a range of seminars for firms since early April as a follow-up project to the government’s Corporate Value-up Program aimed at boosting undervalued stocks.

Apr 29, 2024
KRX hosts seminars as follow-up project to Corporate Value-up Program

Low wages drive Korean workers to seek side jobs

Kim, a 41-year-old construction worker employed on the night shift at a GS25 convenience store in Seoul's Yeouido financial district, had to get a side job because his wife ended up taking maternity leave beyond the paid period.

Apr 29, 2024By Yi Whan-woo
Low wages drive Korean workers to seek side jobs

MBK Partners' founder donates $25 mil. to alma mater

Michael ByungJu Kim, founder and chairman of global private equity firm MBK Partners, has donated $25 million (35 billion won) to Haverford College, his alma mater located in the U.S. state of Pennsylvania, earlier this month, continuing his manifold charitable activities.

Apr 29, 2024By Anna J. Park
MBK Partners' founder donates $25 mil. to alma mater

Everland posts record Q1 sales on soaring visitors, prior to Fu Bao's return to China

As giant panda Fu Bao attracted many farewell visitors at Everland before being sent to China, Samsung C&T's resort division saw a record-high first-quarter sales, significantly reducing the division's operating losses during the off-peak season.

Apr 28, 2024By Lee Yeon-woo
Everland posts record Q1 sales on soaring visitors, prior to Fu Bao's return to China

Financial regulator to scrutinize governance of NongHyup Financial Group

The Financial Supervisory Service (FSS) will soon launch regular inspections into the governance of NongHyup Financial Group as its majority stakeholder, the National Agricultural Cooperative Federation (NACF), better known as NongHyup, has been accused of impeding proper internal controls within its financial subsidiaries, according to industry officials, Sunday.

Apr 28, 2024By Lee Yeon-woo
Financial regulator to scrutinize governance of NongHyup Financial Group

Korean economy grows but public feels little effect

The surprise growth of the Korean economy in the first quarter of this year appears not to be felt by the public, as many households and businesses continue struggling with high inflation, costly borrowing rates and other persistent economic challenges.

Apr 26, 2024By Yi Whan-woo
Korean economy grows but public feels little effect
  • Nearly 1 mil. businesses closed in 2023 due to weak domestic demand

Shinhan puts aside concerns over NewJeans-oriented marketing

She strongly denied the allegations during a press conference, revealing private messages between her and HYBE executives.

Apr 26, 2024By Yi Whan-woo
Shinhan puts aside concerns over NewJeans-oriented marketing
  • Why Ador CEO asked shaman about BTS members' military enlistment
  • 'HYBE mistreated NewJeans': Ador CEO

Shinhan Financial takes back leading status in Q1 earnings

Shinhan Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved interest margins.

Apr 26, 2024By Anna J. Park
Shinhan Financial takes back leading status in Q1 earnings
  • Shinhan Bank chief calls for 'firm trust' for global growth
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