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    Korea to ease entry rules to boost tourism, domestic spending

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    IU says she was excited to share screen with Park Seo-joon in 'Dream'

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    INTERVIEWCan art become stable investment source?

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    Will dismantling oligopoly result in successful bank industry reform?

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    Fintech, lifestyle products can help Korea grow trade ties with Hong Kong: city's trade promotion chief in Korea

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    Advancing biological weapons convention (BWC): the Philippine role

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Fri, March 31, 2023 | 03:52
Digital medicine market to grow by 27% annually: KPMG report
Digital medicine market to grow by 27% annually: KPMG report
More medical services will be available in the digital realm, meaning that diverse digital technologies ranging from software applications and games will be applied to practices for treatment and the prevention of diseases. Samjong KPMG's latest report, which analyzes investment and strategies concerning digital medicine, forecasts that the digital medicine market in Korea wi...
Anna J. Park | 2023-01-10 08:45
Polarized corporate bond market to continue this year
Polarized corporate bond market to continue this year
The local corporate bond market is expected to continue showing signs of polarization this year, amid sluggish economic growth and high-interest rates, data showed Monday. According to data compiled by financial information portal Yonhap Infomax, the total amount of AAA-grade corporate bonds issued last year stood at 12.3 trillion won ($9.88 billion), which is an increase of ...
Anna J. Park | 2023-01-09 16:32
REITs face refinancing challenge as interest rates soar
REITs face refinancing challenge as interest rates soar
Various Real Estate Investment Trusts (REITs) listed on the Korean stock market are expected to have a harder time this year to refinance their debts amid the high interest rates. While major REITs may succeed in refinancing their debt, increased costs from soaring interest rates will lower investors' dividend profits.
Anna J. Park | 2023-01-04 16:47
E-grocery giant Kurly scraps IPO plan amid harsh market conditions
E-grocery giant Kurly scraps IPO plan amid harsh market conditions
Kurly, the operator of Korean e-grocery platform Market Kurly, said Wednesday it will postpone the initial public offering (IPO) originally planned for early this year, due to harsh market conditions.
2023-01-04 15:37
Fear index shows stock markets haven't hit bottom yet
Fear index shows stock markets haven't hit bottom yet
The current movement of the VIX index, which is often referred to as a fear gauge of stock markets, is hinting that markets haven't yet hit bottom. The VIX, standing for the Chicago Board Options Exchange's CBOE Volatility Index, has been popularly used to measure market sentiment on volatility, as it is derived from S&P 500 options for the 30 days following the measurement d...
Anna J. Park | 2023-01-03 16:41
Thousands of bank clerks expected to leave on voluntary retirement
Thousands of bank clerks expected to leave on voluntary retirement
Thousands of bank clerks will leave on voluntary retirement this year, as major commercial lenders are moving to expand compensation on solid earnings growth. According to the industry, the number of employees voluntarily retiring from the nation's four largest banks - KB, Shinhan, Hana and Woori - will exceed 2,000.
Lee Min-hyung | 2023-01-03 16:14
Seoul stocks close lower on 1st trading day of 2023
Seoul stocks close lower on 1st trading day of 2023
Seoul stocks closed slightly lower in the first trading session of 2023 on institutional selling. The Korean won declined against the U.S. dollar.
2023-01-02 16:46
Leaders of brokerage houses call for platform prowess amid financial uncertainty
Leaders of brokerage houses call for platform prowess amid financial uncertainty
The leaders of Korea's brokerage houses are calling for the need to bolster platform prowess and turn the ongoing market crisis into an opportunity for sustainable growth. In a New Year's address released Monday, Mirae Asset Securities Chairman Choi Hyun-man urged the brokerage's employees to focus on finding new growth opportunities by enhancing platform competitiveness thro...
Lee Min-hyung | 2023-01-02 16:04
[ANALYSIS] Korea's IPO market expected to bounce back in 2nd half
ANALYSISKorea's IPO market expected to bounce back in 2nd half
After a quite active 2021, Korea's initial public offering (IPO) market remained sluggish for the entirety of 2022. Proceeds from IPOs were down last year as high valuations became a thing of the past amid a shaky stock market and rising interest rates.
Kim Yoo-chul | 2023-01-02 12:25
Easing 'Korea discount' key to revitalizing stock market: Korea Exchange chief
Easing 'Korea discount' key to revitalizing stock market: Korea Exchange chief
The Korea Exchange (KRX) will place its 2023 policy focus on winning back trust from foreign investors by easing the so-called “Korea discount,” Sohn Byung-doo, chief of the exchange operator, told The Korea Times during a recent interview. The 'Korea discount' is used to describe a lower valuation of local shares than their global counterparts for reasons such as geopolitica...
Lee Min-hyung | 2022-12-31 09:13
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Top 10 Stories
1College students turn to 1,000 won breakfast to beat inflation College students turn to 1,000 won breakfast to beat inflation
2Korean aesthetics, spirit live on at Gyeongbok Palace Korean aesthetics, spirit live on at Gyeongbok Palace
3[INTERVIEW] South Korea needs to make decision on sending lethal aid to Ukraine : CNAS CEO INTERVIEWSouth Korea needs to make decision on sending lethal aid to Ukraine : CNAS CEO
4Children, pregnant women executed, tortured in North Korea: report Children, pregnant women executed, tortured in North Korea: report
5Rare Joseon-era map returns home from Japan Rare Joseon-era map returns home from Japan
6South Korea nominates new ambassador to USSouth Korea nominates new ambassador to US
7French admiral highlights importance of multilateralism in Indo-Pacific region French admiral highlights importance of multilateralism in Indo-Pacific region
8Korea to scrap customs form for travelers without dutiable goods Korea to scrap customs form for travelers without dutiable goods
9Chun Doo-hwan's grandson to visit May 18 National Cemetery Chun Doo-hwan's grandson to visit May 18 National Cemetery
10Japanese top visitors to Korea in 2023 as tourism rebounds Japanese top visitors to Korea in 2023 as tourism rebounds
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