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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.

Concerns grow over absence of Korean financial leaders at global meeting

Acting President Choi Sang-mok, who is also the minister of economy and finance, will not attend this year’s first meeting of finance ministers and central bank governors from G20 member nations, fueling concerns over Korea’s absent leadership on the global financial stage, according to experts, Monday.

Feb 24, 2025By Yi Whan-woo
Concerns grow over absence of Korean financial leaders at global meeting

Financial groups to reshuffle outside directors for internal reform

Major financial groups are seeking to carry out large-scale reshuffles of outside directors at their respective shareholders’ meetings next month, as part of efforts to enhance internal regulatory controls, according to industry officials, Friday.

Feb 21, 2025By Yi Whan-woo
Financial groups to reshuffle outside directors for internal reform

Financial regulator to drum up support for corporate value-up program

Korea's financial regulator said Friday that it will continue to provide full support for a corporate value-up drive by offering tax incentives and other benefits.

Feb 21, 2025By Yonhap
Financial regulator to drum up support for corporate value-up program

KOMSCO creates souvenirs with recyclable materials from banknote manufacturing

The Korea Minting and Security Printing Corp. (KOMSCO) is recycling materials that are left over from manufacturing banknotes and coins to make a range of souvenirs, the company said Thursday.

Feb 21, 2025By Yi Whan-woo
KOMSCO creates souvenirs with recyclable materials from banknote manufacturing

Bourse operator to enhance pre-IPO review after HYBE CEO's windfall profit

The Korea Exchange (KRX) is updating the review process for the largest shareholders of companies that plan to go public to prevent them from taking massive profits while inflicting losses on retail investors, industry officials said Thursday.

Feb 20, 2025By Yi Whan-woo
Bourse operator to enhance pre-IPO review after HYBE CEO's windfall profit

6 banks to integrate AI systems into joint model to better fight voice phishing

Six banks are participating in a joint project led by the Financial Security Institute (FSI) to develop a shared artificial intelligence (AI) model by integrating their individual systems, aiming to enhance voice phishing detection, the FSI said Thursday.

Feb 20, 2025By Jun Ji-hye
6 banks to integrate AI systems into joint model to better fight voice phishing

Korea urged to enhance financial education for students

Park Myung-shin, a mother of a 14-year-old middle schooler, says she is often worried about her daughter’s lack of basic economics and finance knowledge.

Feb 20, 2025By Yi Whan-woo
Korea urged to enhance financial education for students

SGI vows to become Korea's leading dividend stock

Seoul Guarantee Insurance (SGI), which is making its second attempt at a KOSPI listing, will implement a more proactive and differentiated shareholder return policy to become one of Korea’s leading dividend stocks, the company CEO said Wednesday.

Feb 19, 2025By Jun Ji-hye
SGI vows to become Korea's leading dividend stock

FSS governor meets heads of 20 banks

Financial Supervisory Service Gov. Lee Bok-hyun, front row center, poses with heads of 20 banks, including KB Kookmin Bank CEO Lee Hwan-ju, front row fifth from right, and Shinhan Bank CEO Jung Sang-hyuk, front row fifth from left, ahead of their meeting at the building of the Korea Federation of Banks in central Seoul, Wednesday. During the meeting, Lee urged bank CEOs to strengthen corporate governance to enhance shareholder value. Other participants include Citibank Korea CEO Yoo Myung-soon, front row third from left, Standard Chartered Bank Korea CEO Lee Kwang-hee, front row fourth from left, Woori Bank CEO Jeong Jin-wan, back row fourth from left, NH NongHyup Bank CEO Kang Tae-young, back row fifth from left, Hana Bank CEO Lee Ho-seoung, back row center, and Industrial Bank of Korea CEO Kim Seong-tae, back row fifth from right. Courtesy of Financial Supervisory Service

Feb 19, 2025By Jun Ji-hye
FSS governor meets heads of 20 banks

Why popular F&B franchises flounder after going public

The lackluster performance of restaurant franchise company Theborn Korea on the main Korean bourse has raised concerns among food and beverage (F&B) franchises that plan to go public in the coming months, industry officials and analysts said Wednesday.

Feb 19, 2025By Yi Whan-woo
Why popular F&B franchises flounder after going public
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