KoreaTimes - Finance

The Korea Times

The Korea Times

The Korea Times

Finance

Sat, December 9, 2023 | 01:03

Naver Pay expands to 65 countries, regions with UnionPay partnership

Naver Pay expands to 65 countries, regions with UnionPay partnership

Naver Pay's QR code payment has now become available at offline stores in 65 countries and regions around the world.

2023-12-07 16:06

Trade minister bets on semiconductors, shipbuilding, cars for 2024

Trade minister bets on semiconductors, shipbuilding, cars for 2024

The trade ministry is betting on the semiconductor, shipbuilding and car industries to maximize the country's exports in 2024, its minister said Wednesday.

2023-12-07 16:00

Korea spends over $84.6 bil. on R&D in 2022: science ministry

Korea spends over $84.6 bil. on R&D in 2022: science ministry

Korea invested more than 112 trillion won ($84.6 billion) in research and development (R&D) last year, making it the second-largest spender in the world in comparison to the size of its economy, the science ministry said Thursday.

2023-12-07 14:11

Household owes more than $68,260 in debt in 2023: data

Household owes more than $68,260 in debt in 2023: data

Korean household owes more than 90 million won ($68,260) on average to banks and other financial companies this year as people borrowed to buy homes and cover living expenses, data showed Thursday.

2023-12-07 13:29

Korean economy shows signs of gradual recovery: KDI

Korean economy shows signs of gradual recovery: KDI

The Korean economy is showing signs of a gradual easing of an economic downturn led by rising exports, but domestic consumption and investment remain weak amid high interest rates, a state-run think tank said Thursday.

2023-12-07 13:23

Citibank Korea hosts summit for digital corporate clients

Citibank Korea hosts summit for digital corporate clients

Citibank Korea hosted the Korea Digital Leaders Summit 2023 in Seoul on Wednesday, inviting over 30 executives from the country’s key digital companies.

2023-12-07 11:35

Korea to support corporate emergency urea imports over China's export halt: industry minister

Korea to support corporate emergency urea imports over China's export halt: industry minister

The Korean government will push to pay for part of urea imports when companies need to buy the chemical from nations other than China as part of efforts to prevent a supply shortage and ensure a longer-term stable supply, the industry minister has said.

2023-12-07 11:16

Scholar's decades-long expertise serves as inspiration for Korea's future FDI

Scholar's decades-long expertise serves as inspiration for Korea's future FDI

Ahn Choong-yong, a distinguished professor at Chung-Ang University’s Graduate School of International Studies, showcases a culmination of several decades of expertise in foreign direct investment (FDI) in his recently published book.

2023-12-07 10:53

Foreign investors turned to net buyers of Korean stocks in November

Foreign investors turned to net buyers of Korean stocks in November

Foreign investors turned to net buyers of Korean stocks last month, ending their three-month selling spree, data showed Thursday.

2023-12-07 09:35

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

The issuance of equity-linked securities (ELS) tied to the performance of Japan's Nikkei 225 in Korea has outsripped the issuance of those linked to the Hang Seng China Enterprises Index (HSCEI).

2023-12-07 08:17

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