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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.

Banknote printer eyes commemorative coins as new growth engine

Korea Minting and Security Printing Corporation (KOMSCO) plans to issue commemorative coins as part of efforts to explore new growth engines, the corporation said Sunday.

Jan 28, 2024By Yi Whan-woo
Banknote printer eyes commemorative coins as new growth engine

Korea's growing US trade surplus poses concerns if Trump is reelected

Korea is beginning to face a worrisome prospect as its growing trade surplus with the United States could potentially lead to trade disputes between the two allies, according to analysts, Sunday. This concern is heightened by the possibility of former U.S. President Donald Trump's return to office.

Jan 28, 2024By Yi Whan-woo
Korea's growing US trade surplus poses concerns if Trump is reelected

Internet-only banks attract 40 mil. customers 7 years after opening

It has been almost seven years since internet-only banks began operations in Korea. Since then, the three internet-only banks have expanded their presence by leveraging distinguished services and competitive interest rates, surpassing a total of 40 million customers.

Jan 26, 2024By Lee Yeon-woo
Internet-only banks attract 40 mil. customers 7 years after opening

Travel stocks on rise over widely anticipated Lunar New Year holiday travel boom

Travel stocks are on course for a bull market rally, on the back of pent-up demand for overseas travel during the Lunar New Year holiday next month.

Jan 26, 2024By Yi Whan-woo
Travel stocks on rise over widely anticipated Lunar New Year holiday travel boom

Soju no longer sought-after tipple of Koreans in economic slumps

Soju, an inexpensive distilled alcoholic beverage, has been a go-to drink for many Koreans during economic downturns as a way to cope with their troubles.

Jan 25, 2024By Yi Whan-woo
Soju no longer sought-after tipple of Koreans in economic slumps

'Trump risk' starts to unnerve Korean stock market

The Korean stock market appears to be unnerved by the prospect of former U.S. President Donald Trump emerging as a potential Republican presidential candidate. This apprehension stems from his skepticism toward green campaigns, which many Korean businesses leverage for profit.

Jan 24, 2024By Yi Whan-woo
'Trump risk' starts to unnerve Korean stock market

Financial regulator aims to benchmark Japan's stock market

Korea is considering benchmarking the Japanese stock market to address the challenges faced by the Korea Composite Stock Price Index (KOSPI), which has displayed the sharpest decline among major bourses in the G20 economies this year, according to multiple financial authorities and sources, Wednesday.

Jan 24, 2024By Yi Whan-woo
Financial regulator aims to benchmark Japan's stock market

Financial groups to support merchants in Seocheon affected by fire

The country’s major financial groups are stepping up to help merchants at a traditional market in Seocheon, South Chungcheong Province, affected by fire.

Jan 24, 2024By Yoon Ja-young
Financial groups to support merchants in Seocheon affected by fire

Financial groups' 2023 earnings estimates lowered over HK-related ELS and project financing woes

The four largest financial groups in Korea are bracing for losses due to their 2023 earnings as risks associated with their cash-generating banking arms are starting to cause problems, specifically their declining Hong Kong equity-linked securities (ELS) products as well as project financing issues in the domestic real estate market.

Jan 23, 2024By Yi Whan-woo
Financial groups' 2023 earnings estimates lowered over HK-related ELS and project financing woes

Chinese property ownership in Korea more than triples in 7 years

The amount of land owned by Chinese nationals in Korea has more than tripled in number since 2016 — the latest in a series of statistics on Chinese nationals' buying spree of property and growing concerns over housing price hikes.

Jan 23, 2024By Yi Whan-woo
Chinese property ownership in Korea more than triples in 7 years
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