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Thu, March 30, 2023 | 13:57
Financial authorities scrutinize big tech's financial business
Financial authorities scrutinize big tech's financial business
The Financial Supervisory Service (FSS) recently issued a series of sanctions on big tech's payment subsidiaries, strengthening regulatory supervision over their financial businesses, according to officials Sunday.
Anna J. Park | 2023-02-26 15:50
Mirae Asset Global Investments leading market with TIGER ETF
Mirae Asset Global Investments leading market with TIGER ETF
Amid turbulent global financial markets in the aftermath of the COVID-19 pandemic and key rate hikes, Mirae Asset Global Investments is leading exchange-traded funds (ETF) with its TIGER ETF. Providing a diverse spectrum of products, it enables investors to pursue both growth and stability depending on the market surroundings.
2023-02-26 12:51
Hana's relief campaign for Turkey earthquake victims
Hana's relief campaign for Turkey earthquake victims
Former LPGA player Pak Se-ri, left, and Hana Bank CEO Lee Seung-lyul, right, pose with children during a relief campaign organized by Hana Financial Group, Saturday, for victims of the deadly earthquake in southeastern Turkey. The Korean banking group delivered blankets, gloves, mufflers, diapers and other relief items requested by the Turkish Embassy in Korea for the victims...
2023-02-26 12:42
Citibank Korea to offer syndicated loan to HanaMicron via partnership with K-SURE
Citibank Korea to offer syndicated loan to HanaMicron via partnership with K-SURE
Citibank Korea signed a syndicated loan agreement with HanaMicron on Feb. 23 to support overseas investments for semiconductor back-end processes, the bank announced Friday.
2023-02-26 11:38
HYBE, SM go all-out to secure voting rights ahead of SM shareholders' meeting
HYBE, SM go all-out to secure voting rights ahead of SM shareholders' meeting
The tug-of-war between the nation's two top entertainment agencies ― HYBE and SM Entertainment ― to secure as many shareholders' voting rights as they can is escalating as the former attempts to take management control of the latter. HYBE, which became the largest shareholder of SM on Feb. 22 by purchasing a 14.8-percent stake from the firm's founder Lee Soo-man, is requestin...
2023-02-24 16:15
KEPCO suffers record operating loss in 2022 on high fuel costs
KEPCO suffers record operating loss in 2022 on high fuel costs
The state-run utility Korea Electric Power Corp. (KEPCO) said Friday its operating loss more than quintupled on-year to hit a record high last year due to higher fuel costs and limited electricity rate hikes.
2023-02-24 15:02
Decrease in bank branches feared to hinder access by digitally vulnerable clients
Decrease in bank branches feared to hinder access by digitally vulnerable clients
The number of bank branches continues to fall as lenders increasingly focus on online financial services. The trend has raised concerns for digitally vulnerable people such as senior citizens whose accessibility to banking services may be hindered. It also could lead to unexpected blind spots.
2023-02-24 08:39
Securities depository's next leadership draws controversy
Securities depository's next leadership draws controversy
The Korea Securities Depository (KSD) is drawing controversy for “parachuting in” an outside figure who worked as a think tank member of President Yoon Suk Yeol's election camp. According to the KSD's executive recommendation committee, Lee Soon-ho - a researcher at the Korea institute of Finance - has been nominated as the sole candidate for the KSD's next presidency.
2023-02-23 16:11
When will Kakao Entertainment debut on bourse?
When will Kakao Entertainment debut on bourse?
Kakao Entertainment is widely believed to be aiming to go public by the end of this year or early next year. The entertainment subsidiary of Kakao had long considered making a debut on the local stock market, yet the IPO plan has been delayed till now, amid strong criticism against the big tech firm's continuous split-off listings that harmed Kakao shareholders' interests.
Anna J. Park | 2023-02-22 16:53
Banks rush to share economic burden following gov't pressure
Banks rush to share economic burden following gov't pressure
Commercial banks are taking a series of measures aimed at sharing the economic burden felt by the public after the government slammed the lenders for making windfall profits from rising interest rates, while turning a blind eye to the worsening livelihoods of Koreans.
2023-02-21 16:38
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Top 10 Stories
1Korea to ease entry rules to boost tourism, domestic spending Korea to ease entry rules to boost tourism, domestic spending
2Korea moves to shorten COVID-19 isolation period to 5 days Korea moves to shorten COVID-19 isolation period to 5 days
3[INTERVIEW] Can art become stable investment source? INTERVIEWCan art become stable investment source?
4Will dismantling oligopoly result in successful bank industry reform? Will dismantling oligopoly result in successful bank industry reform?
5Generation Z entrepreneurs turn oyster shells into trendy dish soapGeneration Z entrepreneurs turn oyster shells into trendy dish soap
6Celltrion chairman vows to develop new drugs, initiate M&As Celltrion chairman vows to develop new drugs, initiate M&As
7Fintech, lifestyle products can help Korea grow trade ties with Hong Kong: city's trade promotion chief in Korea Fintech, lifestyle products can help Korea grow trade ties with Hong Kong: city's trade promotion chief in Korea
8Terraform Labs co-founder's extradition could be delayed more than 1 month Terraform Labs co-founder's extradition could be delayed more than 1 month
9Ex-journalist to lead NK defector support foundation Ex-journalist to lead NK defector support foundation
10Top envoy to US tapped as new national security advisorTop envoy to US tapped as new national security advisor
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

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