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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.

Naver Pay's QR payment becomes available in 42 countries

Naver Pay has significantly increased its overseas payment network, spanning over 42 countries in Asia, Europe, the U.S. and Australia.

Nov 15, 2023By Anna J. Park
Naver Pay's QR payment becomes available in 42 countries

Nearly 70% of listed Korean firms undervalued

Nearly 70 percent of the Korean companies listed on the benchmark KOSPI are valued at less than their liquidation value, data showed, Wednesday, highlighting concerns over the chronic “Korea discount” or tendency for stocks listed on the bourse to be traded at a discount compared to other markets.

Nov 15, 2023By Yi Whan-woo
Nearly 70% of listed Korean firms undervalued

President says short selling ban will last indefinitely

President Yoon Suk Yeol said on Tuesday that the ban on short selling will continue indefinitely after it was reinstated for the first time in three years, until the government comes up with fundamental measures to root out illegal market practices.

Nov 14, 2023By Yi Whan-woo
President says short selling ban will last indefinitely

MG Community Credit Cooperatives to undergo major restructure

MG Community Credit Cooperatives is set to undergo major shifts in its leadership and management system by weakening the authority concentrated on its chairman and by restructuring the entire system under a newly established professional CEO position.

Nov 14, 2023By Anna J. Park
MG Community Credit Cooperatives to undergo major restructure

MetLife Korea offers integrated retirement solution

MetLife Korea has shown a strong focus on customer care with 360Future, a comprehensive retirement solution that the insurer launched on Sept. 4.

Nov 14, 2023By Yoon Ja-young
MetLife Korea offers integrated retirement solution

Korea's long-term productivity feared to fall with increase of childless working women

More women in their early 30s are working in Korea, but it will not necessarily lead to higher productivity and is rather feared to weaken such productivity in the long term, a state-run think tank warned in its latest report.

Nov 13, 2023By Yi Whan-woo
Korea's long-term productivity feared to fall with increase of childless working women

Bithumb plans to go public

Cryptocurrency exchange Bithumb plans to become the first digital asset firm to go public on the stock market, according to industry sources, Monday.

Nov 13, 2023By Yi Whan-woo
Bithumb plans to go public

AI-powered banking set to change financial landscape

Finance is challenging yet essential in our daily lives. Its complex jargon and high barrier to entry often discourage the public from engaging deeply with the sector, despite its importance.

Nov 13, 2023By Lee Yeon-woo
AI-powered banking set to change financial landscape

NYSE executive cautions against unintended market impact of short selling ban

Regulators should consider the unintended consequences of new regulations on the marketplace, a senior executive of the New York Stock Exchange (NYSE) said shortly after a short selling ban was reinstated in Korea last week in the name of cracking down on illegal market practices by global investment banks.

Nov 12, 2023By Yi Whan-woo
NYSE executive cautions against unintended market impact of short selling ban

S. Korea's major banks to help finance arms exports to Poland

Five major commercial banks have been considering issuing a syndicated loan to help finance South Korean companies' arms exports to Poland, an industry source said Friday.

Nov 10, 2023
S. Korea's major banks to help finance arms exports to Poland
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