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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.

MyData's 2nd anniversary: subscriptions boom but innovation missing

The number of subscribers to "MyData," a service allowing consumers to manage all of their financial information on a single online platform, is booming, with operators boasting around 10 million subscribers each. Yet, doubts persist about its effectiveness, as it currently only displays customers' financial status without other functions.

Oct 26, 2023By Lee Yeon-woo
MyData's 2nd anniversary: subscriptions boom but innovation missing

KRX launches promotion campaign of its bull and bear characters

Korea Exchange (KRX), the country’s stock market operator, is strengthening promotion featuring its personified characters "Hwangbi," a bull, and "Woongbi," a bear.

Oct 26, 2023
KRX launches promotion campaign of its bull and bear characters

INTERVIEW Clarity in goals, systemic pursuance help build human capital: McKinsey director

Kweilin Ellingrud, a director at McKinsey Global Institute (MGI) and a senior partner at McKinsey & Company in the U.S., leads the global management consulting firm's in-depth research projects on various business and tech trends, including human capital, gender equality, net-zero strategies and economic inclusion, to name just a few.

Oct 26, 2023By Anna J. Park
[INTERVIEW] Clarity in goals, systemic pursuance help build human capital: McKinsey director

Korea Securities Depository helps socially vulnerable land jobs

Korea Securities Depository (KSD) is stepping up efforts to help seniors, women, low-income earners and other citizens in Busan who need additional support when trying to find work.

Oct 25, 2023
Korea Securities Depository helps socially vulnerable land jobs

Korea sees accelerating drop in birth rate

The number of babies born in Korea in August plummeted to the lowest level in nearly three years, data showed, Wednesday, heightening concerns of a looming demographic crisis driven by the world’s lowest fertility rate, decline in marriage and aging population.

Oct 25, 2023By Yi Whan-woo
Korea sees accelerating drop in birth rate

Woori Bank aims for 25% revenue from global markets by 2030

Woori Bank announced on Wednesday that it aims to increase the net profit from its overseas branches to account for 25 percent of its total profits by 2030. To achieve this goal, it plans to inject $500 million in three prominent Southeast Asian corporations that are showing growth potential, and extend its presence into new areas, including Poland and the Middle East.

Oct 25, 2023By Lee Yeon-woo
Woori Bank aims for 25% revenue from global markets by 2030

Botched sales talks on KDB Life Insurance to test bank's leadership

Korea Development Bank (KDB) leadership is being tested by its campaign to swiftly sell off tax-financed companies, following botched sales talks last week on KDB Life Insurance.

Oct 24, 2023By Yi Whan-woo
Botched sales talks on KDB Life Insurance to test bank's leadership

Rising production costs add to consumer inflation concerns

Producer prices in Korea increased for the third consecutive month in September amid global oil market volatility, data showed, Tuesday.

Oct 24, 2023By Yi Whan-woo
Rising production costs add to consumer inflation concerns

JB Financial enjoys decent profit in Q3

JB Financial Group announced Tuesday that its net profit for the third quarter of this year was recorded at 167.3 billion won ($121.8 million), an increase of 0.1 percent compared to the same period last year.

Oct 24, 2023By Lee Yeon-woo
JB Financial enjoys decent profit in Q3

Mirae Asset reshuffles management to bolster global operation

Mirae Asset Financial Group has undergone a significant management reshuffle, aiming to bolster its competitiveness in the global market. Key founding members, including Mirae Asset Securities Chairman Choi Hyun-man, have stepped back, while six individuals in their 50s have ascended to vice chairman roles.

Oct 24, 2023By Lee Yeon-woo
Mirae Asset reshuffles management to bolster global operation
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