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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.

Incoming bourse operator chief fuels optimism in countering Korea discount

 

Feb 13, 2024By Yi Whan-woo
Incoming bourse operator chief fuels optimism in countering Korea discount

Companies rush to retire treasury stocks ahead of 'corporate value-up' program

An increasing number of companies listed on the Korean stock market are buying back treasury stocks and retiring them, in line with the government's forthcoming program aimed at boosting the prices of undervalued stocks and shoring up shareholders' returns.

Feb 12, 2024By Yi Whan-woo
Companies rush to retire treasury stocks ahead of 'corporate value-up' program

Salaried employees say Yoon's tax policy isn't worker-friendly

Salaried workers are crying foul over the government’s tax policy, which they complain is increasingly relying on income tax collected from them, reducing them to a mere source of tax revenue after hardly receiving tax benefits.

Feb 12, 2024By Yi Whan-woo
Salaried employees say Yoon's tax policy isn't worker-friendly

Where cultural differences create synergy

Getting a job as a foreign national can be difficult in any country. In Korea, the language barrier and stringent immigration policies complicate matters further, particularly for those looking for work not involving hard labor or teaching English.

Feb 12, 2024By Lee Yeon-woo
Where cultural differences create synergy

Korean stocks to stay range-bound in post-holiday sessions

Korean stocks are expected to remain range-bound after the long Lunar New Year weekend that runs from Feb. 9 to 12, as investors will be cautious about buying more shares until the government’s plans to boost undervalued stocks materialize, according to analysts.

Feb 10, 2024By Yi Whan-woo
Korean stocks to stay range-bound in post-holiday sessions

KT turns to loss in Q4 on higher operating costs

KT, Korea's major mobile carrier, said Thursday it shifted to a net loss in the fourth quarter from a profit a year earlier due to an increase in operating costs.

Feb 8, 2024
KT turns to loss in Q4 on higher operating costs

Top 1% of Korean YouTubers dominate 30% of total revenues

The top 1 percent of YouTubers in Korea earned an average annual income of nearly 850 million won ($640,400), data showed, Wednesday.

Feb 8, 2024By Yi Whan-woo
Top 1% of Korean YouTubers dominate 30% of total revenues

KB Financial Group shifts to black in Q4

KB Financial Group on Wednesday reported its fourth-quarter net income of 217.5 billion won ($163.9 million), shifting from a loss of 114.6 billion won a year earlier.

Feb 7, 2024
KB Financial Group shifts to black in Q4

KakaoBank achieves record $267 mil. net profit in 2023

KakaoBank posted a record-high annual net profit last year, thanks mainly to the digital bank's continued success in attracting new customers, which in turn led to stable increases in both loans and deposits.

Feb 7, 2024By Anna J. Park
KakaoBank achieves record $267 mil. net profit in 2023

Oil price uncertainties likely to prompt utility fee hikes after general elections

The government could consider raising the prices of essential utilities after the April 10 general elections as a preemptive measure against the potential economic repercussions of global oil market uncertainties, according to economic and political experts, Wednesday.

Feb 7, 2024By Yi Whan-woo
Oil price uncertainties likely to prompt utility fee hikes after general elections
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