my timesThe Korea Times
BusinessBanking & Finance

Banking & Finance

Korea Times
About Us
Introduction
History
Contact Us
Products & Services
Subscribe
E-paper
RSS Service
Content Sales
Site Map
Policy
Code of Ethics
Ombudsman
Privacy Policy
Youth Protection Policy
Terms of Service
Copyright Policy
Family Site
Hankookilbo
Dongwha Group
FacebookXYoutubeInstagram
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.

Hana Financial to buy back treasury stocks worth $270 mil.

Hana Financial Group decided to repurchase and retire treasury shares worth 400 billion won ($270.3 million) to enhance its corporate value amid record-high profits, it said Tuesday. This marks the largest share buyback and retirement since the group's founding.

Feb 4, 2025By Lee Yeon-woo
Hana Financial to buy back treasury stocks worth $270 mil.

Young Poong files injunction to suspend Korea Zinc-recommended board members

Young Poong, which joined forces with private equity firm MBK Partners to secure control of Korea Zinc, has filed an injunction request with the Seoul Central District Court to suspend the seven board members recommended by the zinc smelter. The request cites significant procedural flaws in their appointments, the Young Poong-MBK alliance said Tuesday.

Feb 4, 2025By Jun Ji-hye
Young Poong files injunction to suspend Korea Zinc-recommended board members

$265 million in improper loans discovered at Woori, Kookmin, NongHyup

The Financial Supervisory Service (FSS) uncovered a total of 482 cases of inappropriate loans amounting to 387.5 billion won ($265 million) at Woori Bank, KB Kookmin Bank and NH NongHyup Bank, the financial watchdog said Tuesday.

Feb 4, 2025By Jun Ji-hye
$265 million in improper loans discovered at Woori, Kookmin, NongHyup

SGI launches second IPO bid

Seoul Guarantee Insurance (SGI) is making a second attempt to debut on the benchmark KOSPI by significantly lowering its public offering price, the company said Tuesday.

Feb 4, 2025By Jun Ji-hye
SGI launches second IPO bid

Korean economy faces strong headwinds from Trump's tariff war

The Korean economy is facing growing risks of muted growth this year amid the escalating global trade war sparked by U.S. President Donald Trump's imposition of steep tariffs on America’s major trading partners, according to economists and analysts, Monday.

Feb 3, 2025By Yi Whan-woo
Korean economy faces strong headwinds from Trump's tariff war
  • Retail sales post steepest fall in 21 years amid prolonged economic downturn

Why Naver, Kakao could benefit from DeepSeek AI disruption

Naver and Kakao are seeing unexpected benefits from the rise of Chinese artificial intelligence (AI) startup DeepSeek as its low-cost, open-source development has raised expectations that Korean latecomers could catch up in the highly competitive AI market, analysts said Monday.

Feb 3, 2025By Lee Yeon-woo
Why Naver, Kakao could benefit from DeepSeek AI disruption

Microinsurance policies gain popularity with Gen MZ

An increasing number of insurance companies have launched small-sum, short-term products that boast high accessibility through digital enrollment and affordable premiums, in a bid to attract the MZ Generation, according to industry officials, Monday. The MZ Generation includes Millennials and Generation Z, born between the early 1980s and early 2010s.

Feb 3, 2025By Jun Ji-hye
Microinsurance policies gain popularity with Gen MZ

How will court rule on Korea Zinc chairman's latest move?

The battleground for control of Korea Zinc has shifted from a shareholders' meeting to the courts, as Chairman Choi Yun-beom faces an injunction request made by the alliance of private equity firm MBK Partners and Young Poong to suspend the validity of the resolutions passed at the extraordinary shareholders' meeting on Jan. 23.

Feb 2, 2025By Jun Ji-hye
How will court rule on Korea Zinc chairman's latest move?

Big-name foreign investment firms show interest in local hotels

Industry officials said on Friday that major foreign investment firms are seeking to acquire hotels in Korea as an increasing number of properties become available for sale amid the robust recovery of the travel market following the downturn caused by COVID-19.

Jan 31, 2025By Yi Whan-woo
Big-name foreign investment firms show interest in local hotels

Banks cater to digitally isolated older customers amid demographic shift

Commercial banks are rapidly introducing services tailored to older adults at their retail branches, recognizing the growth potential of this demographic as the nation is now officially classified as a super-aged society, according to bank officials and market watchers.

Jan 31, 2025By Yi Whan-woo
Banks cater to digitally isolated older customers amid demographic shift
previous page
8586878889
next page

Most Read in Business