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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.

Financial groups' outside directors under pressure to stop rubber-stamping decisions

Financial authorities appear to be preparing for sweeping reforms for outside directors of financial groups just as they are scheduled to hold their annual shareholders meetings this month, industry sources said Friday.

Mar 1, 2024By Yi Whan-woo
Financial groups' outside directors under pressure to stop rubber-stamping decisions

High court clears Hana chairman of penalty for DLF fiasco

An appellate court ruled in favor of Hana Financial Group Chairman Ham Young-joo Thursday concerning the improper selling of high-risk derivative-linked funds (DLFs) by the group's flagship subsidiary, Hana Bank.

Feb 29, 2024By Yi Whan-woo
High court clears Hana chairman of penalty for DLF fiasco

Bitcoin surge renews calls for eased regulations

The surging price of bitcoin to a record level in Korea is prompting renewed calls for the easing of regulations on digital assets, in order to give investors more opportunities to make profits.

Feb 29, 2024By Yi Whan-woo
Bitcoin surge renews calls for eased regulations

Kakao Pay Securities' next CEO to strengthen new biz development

Shin Ho-cheol, head of Kakao Pay's business development, has been nominated to become Kakao Pay Securities' new CEO as of next month, the brokerage arm of the big tech group announced.

Feb 29, 2024By Anna J. Park
Kakao Pay Securities' next CEO to strengthen new biz development

Banker-turned-real estate agent eager to offer quality services amid growth in foreign population

Kim Dong-young, chairman of the Global Real Estate Association of Seoul (GRAS), is certainly a trustworthy person for foreign nationals to ask for help when they are new to Korea and want to buy a home in the nation’s capital.

Feb 29, 2024By Yi Whan-woo
Banker-turned-real estate agent eager to offer quality services amid growth in foreign population
  • INTERVIEW Companies optimize workspaces to retain MZ employees

Will NFTs deter ticket scalping?

Non-fungible tokens (NFTs), a type of blockchain-mediated digital asset, are emerging as a viable deterrent to ticket scalping enabled by macros, in what the ruling party has characterized as a key election issue tied closely to the public interest ahead of the April 10 general elections.

Feb 28, 2024By Lee Kyung-min
Will NFTs deter ticket scalping?

National pension fund achieves 13.6% investment return in 2023

Korea's state pension fund reported a 13.6 percent return on investment last year, helped by a healthy performance from investments in stocks at home and overseas, its operator said Wednesday.

Feb 28, 2024
National pension fund achieves 13.6% investment return in 2023

Citibank Korea honored for promoting financial literacy

Citibank Korea CEO Yoo Myung-soon, right, poses with Financial Supervisory Service (FSS) Governor Lee Bok-hyun during a ceremony at the FSS headquarters in Yeouido, Seoul, Tuesday, to honor outstanding financial services companies for enhancing financial education for elementary, middle and high school students. Citibank Korea was one of six companies recognized by the FSS for offering quality content on financial literacy to its respective partner schools through a one-on-one partnership under an FSS-run program in 2023. Courtesy of CitIbank Korea

Feb 28, 2024By Yi Whan-woo
Citibank Korea honored for promoting financial literacy

KB launches departure guarantee payment service at Incheon International Airport

KB Kookmin Bank announced it started offering a departure guarantee payment service at Incheon International Airport for foreign workers leaving Korea.

Feb 27, 2024By Yoon Ja-young
KB launches departure guarantee payment service at Incheon International Airport

Banks venture into mobile telecom biz to secure new income streams

Major commercial banks are venturing into the mobile telecommunications market to diversify their portfolios and also to secure more clients.

Feb 27, 2024By Yi Whan-woo
Banks venture into mobile telecom biz to secure new income streams
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