KoreaTimes(602) - Finance, , page 1

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Finance

Tue, June 15, 2021 | 19:19

Bank of Korea tilting toward monetary tightening

The Bank of Korea (BOK) is repeatedly signaling an end to a year-long freeze in the key interest rate, as a post-pandemic economic recovery, propelled by an export rebound, becomes more visible.

Lee Min-hyung | 2021-06-15 16:39

[ANALYSIS] Investors find opportunity in 'metaverse' technology

Market participants are paying keen attention to whether the “metaverse” will become a future growth investment, boosted by the soaring popularity of online platforms where they can play games using virtual reality (VR) and augmented reality (AR).

Lee Kyung-min | 2021-06-15 16:36

Outback Steakhouse on track to find new owner

Owners of Outback Steakhouse Korea, the Korean unit of the U.S. restaurant chain, which again is up for sale, are reviewing final bids that have to be submitted by the end of the month.

Anna J. Park | 2021-06-15 15:37

Shinhan Life to focus on Vietnam, healthcare business after integration

Shinhan Life will expand its foothold in Vietnam and continue to scale up investment in emerging growth areas - such as healthcare - as part of efforts to reduce its reliance on conventional insurance sales in the rapidly saturating domestic market, the company's CEO Sung Dae-kyu said Tuesday.

Lee Min-hyung | 2021-06-15 14:22

Where have all the 50,000 won bills gone?

Fifty-thousand won bills, Korea's largest cash denomination, are disappearing. Many are believed to be held by individuals amid uncertainties over the economy. According to the Bank of Korea, 6.32 trillion won worth of 50,000 won ($45) notes were issued in the first quarter of this year. However, the 50,000 won bills that have been collected by the bank during the same period...

Yoon Ja-young | 2021-06-15 13:34

Kakao's merger with Kakao Commerce stokes stock price

As Kakao is set to merge with its e-commerce subsidiary, Kakao Commerce, the big tech firm's stock price hit a record high on Monday.

Anna J. Park | 2021-06-14 17:19

Banks poised to raise lending rates

Commercial lenders are likely to raise lending rates amid the government's efforts to curb soaring household debt. Korea has seen the fastest rise in household debt among member countries of the Organization for Economic Cooperation and Development (OECD).

Lee Kyung-min | 2021-06-14 17:11

Hana gets green light to establish asset management firm in Singapore

Hana Financial Group said Monday that it has won preliminary approval from Singapore's financial authorities to set up an asset management company in the Southeast Asian country. Granted by the Monetary Authority of Singapore (MAS), Friday, the preliminary approval comes as the Seoul-based financial holding company seeks to enhance global businesses, especially in non-banking...

Yi Whan-woo | 2021-06-14 17:06

SsangYong Motor pressured to find 'viable' revival plans

SsangYong Motor should submit a “viable” revival plan to a possible investor before expecting any more financial support from the Korea Development Bank (KDB), the main creditor of the cash-strapped automaker, KDB Chairman Lee Dong-gull said Monday.

Lee Min-hyung | 2021-06-14 17:01

Finance ministry criticized for inaccurate tax revenue projections

The government is coming under criticism over about 30 trillion won ($26.8 billion) in expected excess revenue this year, a result of inaccurate tax revenue projections which some economists say limited fiscal discretion and effective debt management.

Lee Kyung-min | 2021-06-14 16:59

1 2 3 4 5 6 7 8 9 10

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.