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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.

Will return of Donald Tusk jeopardize Korea's arms exports to Poland?

The recent change of government in Poland is prompting concerns in Seoul over defense arms exports that increasingly bolster Korea's economy.

Dec 14, 2023By Yi Whan-woo
Will return of Donald Tusk jeopardize Korea's arms exports to Poland?

Interest payments outpace spending on clothes

Households in Korea are spending more to pay interest on bank loans than on clothes and shoes, adding to concerns over costly borrowing rates that weigh on the high cost of living, data showed, Wednesday.

Dec 13, 2023By Yi Whan-woo
Interest payments outpace spending on clothes

Daiso severs association with Japan

Asung HMP, the largest shareholder of Asung Daiso, a 1,000 won ($0.76) household goods store, has bought a 34.21 percent stake in Daiso Sankyo, Asung’s Japanese equity investment partner, market watchers said Wednesday. The purchase price was about 500 billion won.

Dec 13, 2023By Lee Kyung-min
Daiso severs association with Japan

KB Financial Group to support startups seeking overseas expansion

KB Financial Group selected four domestic startups to participate in the global proof of concept (PoC) program that it jointly launched with the Korea International Trade Association (KITA) to support domestic startups aspiring to expand overseas.

Dec 13, 2023By Yoon Ja-young
KB Financial Group to support startups seeking overseas expansion

Record number of firms make IPO debut, but valued lower than 2022

A record-high 83 companies have been newly listed on the Korean stock market so far this year, up 15.6 percent from a year earlier, data showed, Tuesday.

Dec 12, 2023By Yi Whan-woo
Record number of firms make IPO debut, but valued lower than 2022

Single-person households hit record high, struggle with insufficient incomes

A record-high number of Koreans are living by themselves and earn less than half the average income of typical households across the country, data showed Tuesday.

Dec 12, 2023By Yi Whan-woo
Single-person households hit record high, struggle with insufficient incomes

Mirae Asset acquires Indian brokerage Sharekhan

Korea's Mirae Asset Securities said Tuesday that it has purchased a 100-percent stake in an Indian brokerage Sharekhan for some 480 billion won ($364.7 million).

Dec 12, 2023
Mirae Asset acquires Indian brokerage Sharekhan

Koreans make mad annual dash for free bank calendars

As the new year approaches, free calendars produced and distributed by banks are becoming highly sought after. Despite banks reducing the quantity of paper calendars they produce, demand remains consistent, with people rushing to banks as soon as they open and calenders being sold at a premium in the secondary market.

Dec 11, 2023By Lee Yeon-woo
Koreans make mad annual dash for free bank calendars

Hana Financial receives highest DJSI grade for second consecutive year

Hana Financial Group made the list of Dow Jones Sustainability Indices (DJSI) World Index for the second consecutive year, Dec. 8 (local time), according to the group, Monday.

Dec 11, 2023By Lee Kyung-min
Hana Financial receives highest DJSI grade for second consecutive year

Mirae Asset Global Investments to merge with Multi Asset

Mirae Asset Global Investments is slated to complete a merger with Multi Asset Global Investments, a subsidiary of the asset management firm, by next March.

Dec 11, 2023By Anna J. Park
Mirae Asset Global Investments to merge with Multi Asset
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