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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.

Samsung in 'recruiting frenzy' for ex-finance ministry officials

Samsung Group has hired a string of former finance ministry officials for key posts as the country’s top business group increasingly seeks to capitalize on bureaucrats’ expertise in risk management over heightened economic uncertainties, industry officials said Tuesday.

Feb 18, 2025By Yi Whan-woo
Samsung in 'recruiting frenzy' for ex-finance ministry officials

Shinhan manager upholds bank's spirit to better serve older customers

Shin Dong-sub, a manager at Shinhan Bank, plays a key role in Shinhan Hakijae, a financial consumer education center designed to bridge the digital divide for older adults. With a career dedicated to consumer protection and financial accessibility, he has been at the forefront of efforts to ensure that all consumers, regardless of age or ability, can confidently navigate digital banking services.

Feb 18, 2025By Yi Whan-woo
Shinhan manager upholds bank's spirit to better serve older customers

What's driving up National Pension Service's investment returns?

The National Pension Service’s (NPS) investment returns are estimated to have surpassed 15 percent in 2024, setting the stage for hitting a new all-time high for the second consecutive year, according to industry sources Monday.

Feb 17, 2025By Jun Ji-hye
What's driving up National Pension Service's investment returns?

Young Koreans struggle to take out loans after leading home-buying spree

Koreans in their 20s and 30s find it increasingly tough to take out loans, in stark contrast to the pandemic era when they were a major presence in the loan market.

Feb 16, 2025By Yi Whan-woo
Young Koreans struggle to take out loans after leading home-buying spree

Banks bolster efforts to address low birthrates

Banks are actively participating in nationwide efforts to address low birthrates by expanding maternity and child care-related benefits for their employees, industry officials said Friday.

Feb 15, 2025By Jun Ji-hye
Banks bolster efforts to address low birthrates

Banks to expand crypto business as corporate funds set to flow

The banking industry is looking to expand its cryptocurrency businesses as the government's recent decision to gradually allow corporations to invest in virtual assets has fueled expectations for new revenue streams and customer expansion, industry officials said Friday.

Feb 14, 2025By Lee Yeon-woo
Banks to expand crypto business as corporate funds set to flow

Will Meritz abandon bid to acquire MG Non-Life?

The sale of MG Non-Life Insurance is facing setbacks due to opposition from its labor union, raising the possibility that Meritz Fire & Marine Insurance, the preferred bidder, may withdraw the takeover bid, industry officials said Friday.

Feb 14, 2025By Jun Ji-hye
Will Meritz abandon bid to acquire MG Non-Life?

Mirae Asset's spot gold ETF surpasses $2.5 bil. in net assets

Mirae Asset Global Investments said Thursday that the spot gold exchange-traded fund (ETF) operated by its subsidiary, Global X Australia, surpassed $2.5 billion in net assets.

Feb 13, 2025By Yi Whan-woo
Mirae Asset's spot gold ETF surpasses $2.5 bil. in net assets

Gov't to regulate deceptive tactics in online sale of financial products

The government began drafting regulations to curb deceptive tactics used in the online sale of financial products, according to industry officials, Thursday. This addresses growing concerns that some financial companies engage in unfair practices, such as pushing product sign-ups within their apps or making cancellation processes unnecessarily complex.

Feb 13, 2025By Lee Yeon-woo
Gov't to regulate deceptive tactics in online sale of financial products

Financial security concerns grow as Korea turns into cashless society

Bae Young-sook, a receptionist at a tourist information center in central Seoul, has been receiving more inquiries from foreign tourists in recent years, as they have been unable to use cash at buses or franchise cafes.

Feb 13, 2025By Yi Whan-woo
Financial security concerns grow as Korea turns into cashless society
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