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Finance

Tue, November 24, 2020 | 06:33

Local market on alert against worst-case scenario

Local market on alert against worst-case scenario

Market participants are keeping a close eye on the U.S. presidential election, with Democratic presidential candidate Joe Biden inching closer to the magic figure of 270 Electoral College votes while President Donald Trump moves ahead with his plan for a massive legal battle.

Park Jae-hyuk | 2020-11-05 16:55

Biden will be better for Korean economy

'Public health capability will be tied to economic success'

'Public health capability will be tied to economic success'

As countries around the globe battle the devastating economic effects of COVID-19, former World Bank chief Jim Yong Kim said government capabilities in containing infectious diseases will be crucial in determining future economic success.

Kim Bo-eun | 2020-11-05 16:45

Korea needs to walk tightrope between US and China

Korea needs to walk tightrope between US and China

The government will have to seek a continued balance between the U.S. and China regardless of who wins the American presidential election, because many of its policies will be crafted in response to the world's two-largest economies struggle for hegemony, experts said Wednesday.

Lee Kyung-min | 2020-11-04 18:47

Will BC Card's move to launch 'stock loan' biz reap fruit?

Will BC Card's move to launch 'stock loan' biz reap fruit?

BC Card's plan to launch a so-called “stock loan” business here is drawing attention from the card industry amid a prolonged structural slowdown.

Lee Min-hyung | 2020-11-04 17:36

Economic circle paying keen attention to US election results

Economic circle paying keen attention to US election results

The 2020 U.S. presidential election remained too close to call until Wednesday afternoon, with Democratic presidential nominee Joe Biden and incumbent President Donald Trump running a neck-and-neck race for more electoral votes for the country's next leadership.

Lee Min-hyung | 2020-11-04 17:07

MSCI urges Korea to brace for climate risks

MSCI urges Korea to brace for climate risks

MSCI has advised market participants here to be better aware of the importance of climate risk management, saying it is crucial to align investment strategies and seize new opportunities.

Park Jae-hyuk | 2020-11-04 15:47

AIA Korea launches upgraded healthcare platform

AIA Korea launches upgraded healthcare platform

AIA Korea introduced an upgraded version of AIA Vitality, its app-based healthcare platform, Wednesday.

Kim Bo-eun | 2020-11-04 15:12

World markets rise as investors eye US election

World markets rise as investors eye US election

U.S. futures rose and Asia markets were mostly higher on Wednesday as investors worldwide awaited the results from the U.S. presidential election. Just after 10 p.m. Eastern time, President Donald Trump and Democratic challenger Joe Biden were locked in tight races in battleground states. Most polls have predicted a Biden victory.

2020-11-04 14:24

Economic circle paying keen attention to US election results

Ant Group's shock IPO suspension hammers Alibaba shares

Ant Group's shock IPO suspension hammers Alibaba shares

China's shock, last-minute decision to suspend the record-breaking IPO of fintech giant Ant Group hammered shares of founder Jack Ma's e-commerce titan Alibaba on Wednesday and left investors reeling. Shanghai's stock exchange announced the suspension late on Tuesday, less than 48 hours before shares were to begin trading and one day after Ma was summoned by regulators amid g...

2020-11-04 13:43

VIG challenges Hahn & Co. in used-car business

VIG challenges Hahn & Co. in used-car business

VIG Partners has begun to speed up efforts to keep up with Hahn & Company (Hahn & Co.) in the nation's used-car trading platform market which is likely to face intensifying competition after Hyundai Motor and SK hinted they may enter the sector.

Park Jae-hyuk | 2020-11-04 10:44

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