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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 authorities to push for DGB's conversion into commercial bank in Q1

Financial authorities are making efforts to convert DGB Daegu Bank, a regional lender based in Daegu, into a commercial bank by the first quarter of 2024 at the earliest.

Jan 9, 2024By Lee Yeon-woo
Financial authorities to push for DGB's conversion into commercial bank in Q1

Financial industry leaders seek new business models at CES

Financial industry leaders are converging in Las Vegas to explore emerging trends and discover opportunities for innovative business models as CES 2024, the world's largest tech show, approaches.

Jan 8, 2024By Lee Yeon-woo
Financial industry leaders seek new business models at CES
  • Samsung to unveil AI-powered TVs at CES 2024
  • 443 firms, 32 gov't agencies attend Korean pavilion at CES

Regulator to inspect 12 banks, brokerages over sales of derivatives linked to Hong Kong exchange

The financial regulator said Sunday that it will launch an investigation into sales of derivative products that track Chinese stocks listed on the Hong Kong exchange, amid concerns that such products would put investors at risk of posting heavy losses.

Jan 7, 2024
Regulator to inspect 12 banks, brokerages over sales of derivatives linked to Hong Kong exchange

PM urges cash-strapped Taeyoung to draw up drastic self-rescue plan

Prime Minister Han Duck-soo on Sunday urged Taeyoung Engineering & Construction to come up with a more drastic self-rescue plan to tide over its cash crunch.

Jan 7, 2024
PM urges cash-strapped Taeyoung to draw up drastic self-rescue plan

Naver Pay partners with 10 financial firms on housing loan platform

Naver Pay has partnered up with 10 financial services firms in launching a new online platform that allows borrowers to compare loan interest rates when they transfer housing loans, the company announced on Friday.

Jan 5, 2024By Yi Whan-woo
Naver Pay partners with 10 financial firms on housing loan platform

Reporter's notebook Taeyoung founder's crocodile tears

What are crocodile tears?

Jan 4, 2024By Lee Kyung-min
[Reporter's notebook] Taeyoung founder's crocodile tears
  • FSS chief rebukes Taeyoung Group's lack of sincerity in corporate restructuring plan

Korea sets $700 bil. exports goal for 2024

Korea aims to push up the country’s exports to a record-high $700 billion in 2024, capitalizing on a rebound in outbound shipments that are projected to be a key determinant of this year’s economic growth, the government said, Thursday.

Jan 4, 2024By Yi Whan-woo
Korea sets $700 bil. exports goal for 2024

Mirae Asset chair to donate 25% of Mirae Asset Consulting shares to foster young Koreans

Mirae Asset Group Chairman Park Hyeon-joo will donate 25 percent of Mirae Asset Consulting shares to Mirae Asset Hope Foundation to nurture promising young Koreans, the group said Wednesday.

Jan 3, 2024By Lee Kyung-min
Mirae Asset chair to donate 25% of Mirae Asset Consulting shares to foster young Koreans

Foreign net purchases of Samsung Electronics reach all-time high

Foreign investors' net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed Monday.

Jan 1, 2024
Foreign net purchases of Samsung Electronics reach all-time high

Digital expert to lead K bank

K bank's new CEO Choi Woo-hyung is slated to take his new post on Jan. 1, 2024, thereby starting his two-year term, the internet-only bank announced.

Dec 31, 2023By Anna J. Park
Digital expert to lead K bank
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