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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.

Kakao Pay CEO to serve another term

Kakao Pay CEO Shin Won-keun is to serve another two-year-term as the chief of the mobile payment company, the company announced Tuesday.

Mar 26, 2024By Anna J. Park
Kakao Pay CEO to serve another term
  • Naver Pay, Toss face scrutiny following Kakao Pay's transfer of customer data to Alipay

Woman to chair Shinhan Financial board for first time in 14 years

Shinhan Financial Group's board of directors is to be chaired by Yoon Jae-won, a professor at Hongik University's Business School.

Mar 26, 2024By Anna J. Park
Woman to chair Shinhan Financial board for first time in 14 years

Samsung's financial affiliates to partner up with banks via mobile app

Samsung's financial affiliates are partnering with commercial banks in a bid to keep up with the rapid digitalization of the financial market, industry sources said Tuesday.

Mar 26, 2024By Yi Whan-woo
Samsung's financial affiliates to partner up with banks via mobile app

Hana Bank recognized as best private banking service in Korea by Euromoney

Hana Bank was recognized as the best private banking service in the country by Euromoney and Global Finance.

Mar 25, 2024By Yoon Ja-young
Hana Bank recognized as best private banking service in Korea by Euromoney

Shareholder activism falters as retail investors back management

Shareholder activism appears to be losing steam in Korea, as evidenced by the general meeting of shareholders at several companies this year, contrary to expectations of an uptick in the influence of retail investors on corporate governance.

Mar 25, 2024By Yi Whan-woo
Shareholder activism falters as retail investors back management

Gov't goes all out to spur domestic demand to achieve growth target

The government will introduce a set of measures this week to revamp weakened private spending to achieve a growth target of 2.2 percent this year, the Ministry of Economy and Finance said Sunday.

Mar 24, 2024By Yi Whan-woo
Gov't goes all out to spur domestic demand to achieve growth target

Big-name global investors eye Korea's Corporate Value-up Program

Representatives of multiple international financial firms are scheduled to visit Korea this week, as interest grows in the government's recent launch of an initiative called the Corporate Value-up Program that aims to bolster the domestic stock market and attract more investments from overseas.

Mar 24, 2024By Yi Whan-woo
Big-name global investors eye Korea's Corporate Value-up Program

Woori Bank to strengthen business ties with CJ OliveNetworks

Woori Bank has signed a strategic partnership with CJ OliveNetworks, aiming to enhance and broaden its non-financial services, the bank announced on Sunday.

Mar 24, 2024By Anna J. Park
Woori Bank to strengthen business ties with CJ OliveNetworks

KOMSCO vows to support Costa Rica’s digital ID initiative

Korea Minting, Security Printing & ID Card Operating Corp. (KOMSCO) agreed to collaborate with the Costa Rican government to share expertise and provide assistance for the implementation of digital identification initiatives in the Central American country.

Mar 22, 2024By Yoon Ja-young
KOMSCO vows to support Costa Rica’s digital ID initiative

Major banks to determine HK-tied ELS compensation plans this week

Major commercial banks in Korea have announced plans to hold board meetings this week to finalize their compensation plans for investors who incurred financial losses caused by equity-linked securities (ELS) that are tied to the performance of the Hang Seng China Enterprises Index.

Mar 22, 2024By Lee Yeon-woo
Major banks to determine HK-tied ELS compensation plans this week
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