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    Korea to ease entry rules to boost tourism, domestic spending

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    Children, pregnant women executed, tortured in North Korea: report

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    INTERVIEWForeign-born entertainers seek to revolutionize local industry

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    College students turn to 1,000 won breakfast to beat inflation

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    Top envoy to US tapped as new national security advisor

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    From IVE to NCT DOJAEJUNG, K-pop hotshots brace for April chart race

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    INTERVIEWCan art become stable investment source?

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    Apple to open 5th retail store in Korea this week

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    Korea to scrap customs form for travelers without dutiable goods

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    Advancing biological weapons convention (BWC): the Philippine role

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    Korean aesthetics, spirit live on at Gyeongbok Palace

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Fri, March 31, 2023 | 15:34
Credit Suisse fiasco may cause ripple effect for local markets: analysts
Credit Suisse fiasco may cause ripple effect for local markets: analysts
The risk of failure faced by Credit Suisse could see financial markets in Korea rattled due to an increase in fear over a possible global banking crisis prompted by the collapse of Silicon Valley Bank (SVB), according to analysts, Thursday.
Yi Whan-woo | 2023-03-16 16:53
FSS to inspect Yuanta, Hyundai Motor Securities, Hanwha Asset and NH-Amundi Asset
FSS to inspect Yuanta, Hyundai Motor Securities, Hanwha Asset and NH-Amundi Asset
The Financial Supervisory Service (FSS) has selected Yuanta Securities and Hyundai Motor Securities as brokerages for regular inspection this year. The FSS conducts inspections of financial firms once every several years, looking into overall business operations, structures and internal systemic issues.
Anna J. Park | 2023-03-16 16:27
International marriages hit 3-year high amid eased entry restrictions
International marriages hit 3-year high amid eased entry restrictions
The number of international marriages hit a three-year high in 2022, with the year-on-year growth rate ticking up 27.2 percent as travel restrictions for international arrivals were eased in Korea following the strict COVID-19 measures. Statistics Korea said Thursday that the number of marriages between Koreans and foreign nationals fell to 16,700 last year, down from 23,600 ...
Yi Whan-woo | 2023-03-16 16:18
Time to discuss initial exchange offering: Dunamu chief
Time to discuss initial exchange offering: Dunamu chief
Korea should start an in-depth discussion on the initial exchange offering (IEO) for the innovative growth of the digital asset industry here, Dunamu CEO Lee Sirgoo said Thursday.
Lee Min-hyung | 2023-03-16 16:18
FSC to strengthen capital buffer requirement on banks from Q2 or Q3 this year
FSC to strengthen capital buffer requirement on banks from Q2 or Q3 this year
Financial authorities aim to require banks to set aside an additional capital reserve called a “countercyclical capital buffer” (CCyB), on top of lenders' mandatory capital reserve buffers required for their banking business. This is to make the banking sector more accountable and adaptable to potential external liquidity threats.
Anna J. Park | 2023-03-16 15:47
[INTERVIEW] 'Growing default risk derails IPO plans'
INTERVIEW'Growing default risk derails IPO plans'
When South Korea's e-grocery delivery company Oasis Corp., decided to withdraw its much-anticipated initial public offering (IPO) because of a valuation mismatch between what the firm was seeking and what investors were willing to pay, the company said its second IPO attempt will come only after determining the optimal timing from a financial point of view.
Kim Yoo-chul | 2023-03-16 08:52
Real estate accounts for more than 80% of richest Koreans' wealth
Real estate accounts for more than 80% of richest Koreans' wealth
Real estate accounts for more than 80 percent of the wealth owned by Koreans who rank among the richest 1 percent in the country, according to data, Wednesday. Statistics Korea data showed the wealthiest 1 percent of households in terms of net worth owned 3.28 billion won worth of assets in 2022. The amount was up by 379 million won from a year earlier. Net worth refers to th...
Yi Whan-woo | 2023-03-16 08:22
Seoul mayor woos London firms for investment
Seoul mayor woos London firms for investment
Seoul Mayor Oh Se-hoon promoted Seoul and Korean startups at London Stock Exchange, Tuesday (local time), assuring high returns on investments. Oh is on a four-nation European trip that will also bring him to the cities of Dublin, Hamburg and Copenhagen.
Ko Dong-hwan | 2023-03-15 16:24
Daishin acquires controlling stake in Korean real estate securities exchange
Daishin acquires controlling stake in Korean real estate securities exchange
Daishin Financial Group has acquired a controlling stake in a Seoul-based real estate securities trading platform, as part of its first step for business expansion into security tokens transactions. The financial group claimed a 90-percent stake in Kasa and the latter's management right, Wednesday, with a view to generating synergy with its conventional financial businesses, ...
Lee Min-hyung | 2023-03-15 16:01
Financial regulators consider waiver on deposit insurance cap
Financial regulators consider waiver on deposit insurance cap
The country's financial regulator is considering the removal of a cap on deposits protected by the state-run deposit insurer after the abrupt collapse of Silicon Valley Bank (SVB) sent shockwaves throughout the global financial market
Lee Min-hyung | 2023-03-15 15:59
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Top 10 Stories
1Children, pregnant women executed, tortured in North Korea: report Children, pregnant women executed, tortured in North Korea: report
2College students turn to 1,000 won breakfast to beat inflation College students turn to 1,000 won breakfast to beat inflation
3Korea to scrap customs form for travelers without dutiable goods Korea to scrap customs form for travelers without dutiable goods
4Rare Joseon-era map returns home from Japan Rare Joseon-era map returns home from Japan
5Korean aesthetics, spirit live on at Gyeongbok Palace Korean aesthetics, spirit live on at Gyeongbok Palace
6South Korea nominates new ambassador to US South Korea nominates new ambassador to US
7Carmakers unveil latest models at Seoul Mobility Show Carmakers unveil latest models at Seoul Mobility Show
8[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
9Japanese top visitors to Korea in 2023 as tourism rebounds Japanese top visitors to Korea in 2023 as tourism rebounds
10Chun Doo-hwan's grandson to visit May 18 National Cemetery Chun Doo-hwan's grandson to visit May 18 National Cemetery
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