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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.

Taeyoung shares suspended amid debt restructuring

Shares of Taeyoung Engineering & Construction Co., a troubled mid-sized builder, were suspended Wednesday due to its negative net asset balance amid an ongoing debt restructuring, company officials said.

Mar 13, 2024
Taeyoung shares suspended amid debt restructuring

'Squid Game' actor-held stocks see prices soar on political connections

 

Mar 13, 2024By Yi Whan-woo
'Squid Game' actor-held stocks see prices soar on political connections

Public museums to host weddings

The National Museum of Korea, the National Museum of Modern and Contemporary Art and dozens of other famous public museums will be open for couples to hold wedding ceremonies, as a part of the government’s support to lessen financial burden on young people planning to get married.

Mar 13, 2024By Yi Whan-woo
Public museums to host weddings

Dividend payouts surge 9-fold for top 10 women with most profitable stocks

The country's top 10 richest female shareholders in terms of dividend income reported a nearly nine-fold increase in their dividend incomes compared with 10 years ago, data showed, Tuesday.

Mar 13, 2024By Yi Whan-woo
Dividend payouts surge 9-fold for top 10 women with most profitable stocks

Brokerages see generational change in leadership

Brokerage houses are undergoing a generational change in leadership, with those who are as young as in their mid-50s being nominated as CEOs of their respective companies.

Mar 12, 2024By Yi Whan-woo
Brokerages see generational change in leadership
  • Securities firms slammed for indifference to protecting investors

IBK proves acumen as veteran film investor with box office hit 'Exhuma'

With occult mystery thriller film "Exhuma" becoming the latest box office hit in Korea attracting over 8 million in ticket sales in just 18 days of its opening, the Industrial Bank of Korea (IBK) is expected to reap a handsome return for its investment into the film's production.

Mar 12, 2024By Anna J. Park
IBK proves acumen as veteran film investor with box office hit 'Exhuma'

Banking federation chief emphasizes efforts on internal controls reform over HK-tied ELS controversy

The head of the Korea Federation of Banks (KFB), Cho Yong-byoung, expressed regret over the recent controversies linked to the massive consumer losses involving equity-linked securities (ELS), which were tied to the performance of the Hang Seng China Enterprises Index, in a press conference on Monday.

Mar 11, 2024By Lee Yeon-woo
Banking federation chief emphasizes efforts on internal controls reform over HK-tied ELS controversy
  • 20-60% compensation expected for HK-tied ELS losses

Geopolitical unrest pushes Korean defense stock prices higher

Defense stocks are gaining ground on the benchmark KOSPI, amid growing geopolitical unrest and resulting demand for weaponry across the world.

Mar 11, 2024By Yi Whan-woo
Geopolitical unrest pushes Korean defense stock prices higher

Exodus of Kosdaq-listed firms raises alarm

A record number of companies in the past 11 years are moving to the benchmark KOSPI after being listed on the secondary bourse Kosdaq, in what is seen as a bid to capitalize on investors’ growing preference for the KOSPI.

Mar 11, 2024By Yi Whan-woo
Exodus of Kosdaq-listed firms raises alarm

Retail investors poised to gain more clout at 2024 shareholders' meetings

Retail investors are widely expected to voice their demands for higher returns during this month's annual shareholders' meetings of major financial groups, emboldened by a government program that seeks to increase investment returns to address the chronic undervaluation of Korean shares compared to their global peers, according to securities industry officials, Sunday.

Mar 10, 2024By Yi Whan-woo
Retail investors poised to gain more clout at 2024 shareholders' meetings
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