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Finance

Sun, July 12, 2020 | 05:34

COVID-19 pushing backs to pursue stability over profitability

COVID-19 pushing backs to pursue stability over profitability

The spread of COVID-19 is pushing local banks to focus on soundness over profitability.

2020-07-07 16:40

KB Securities faces dilemma over overseas expansion

KB Securities faces dilemma over overseas expansion

It's fair to say investing opportunities aren't entirely bounded by geography. If investors are attracted by reports of emerging economies and even booming growth in other countries, it's no question some of them will invest.

2020-07-07 16:02

[Reporter's Notebook] Can English names break hierarchy in Shinhan?

[Reporter's Notebook] Can English names break hierarchy in Shinhan?

Shinhan Financial Group's two subsidiaries have recently joined the trend of using English names at the office, as part of efforts to break their hierarchical structures and allow their employees a sense of freedom to become more creative.

2020-07-07 14:42

[Reporter's Notebook] Unending controversy surrounding capital gains tax

[Reporter's Notebook] Unending controversy surrounding capital gains tax

Retail investors' disgruntled voices are being raised over the government's planned capital gains tax scheme, which will go into effect in 2023.

Anna J. Park | 2020-07-06 18:05

Do fintech services expose users to greater risks?

Do fintech services expose users to greater risks?

Leading financial services platforms' announcements of measures to protect consumers that fall victim to fraud are raising questions about whether fintech services expose users to greater security risks.

2020-07-06 17:54

Is Korean economy faring better in pandemic?

Is Korean economy faring better in pandemic?

Korea has been recognized from around the world for its economic resilience in the face of the COVID-19 pandemic, but it is still struggling to find the impetus to jumpstart and revitalize its economy amid lingering uncertainties here and abroad. Although Asia's fourth largest economy is on a better ...

2020-07-06 17:02

KB, Shinhan, Kakao rushing for 'digital accredited certificate systems'

KB, Shinhan, Kakao rushing for 'digital accredited certificate systems'

Commercial lenders here are rushing to develop their own banking authentication certificates to take the lead in the emerging market.

2020-07-06 16:50

[INTERVIEW] Green investment vital to 'Korean New Deal'

[INTERVIEW] Green investment vital to 'Korean New Deal'

The government should forgo salvaging “zombie firms” and divert the state resources to financing state-run projects and companies with green initiatives, in a streamlined, measured approach to advance the “Korean New Deal,” a grand vision to identify the country's new growth engine post the COVID-19 pandemic, a noted economist said Monday.

2020-07-05 17:06

Will corporate venture capital salvage flagging economy?

Will corporate venture capital salvage flagging economy?

Corporate venture capital (CVC) will be a double-edged sword that could both galvanize the flagging economy and exacerbate polarization of wealth based on the principle of “economies of scale,” experts said.

2020-07-05 17:05

COVID-19 lifts gold market in Korea

COVID-19 lifts gold market in Korea

Gold has been shining here as lingering uncertainties caused by the COVID-19 pandemic crisis are forcing more risk-averse investors to scramble for the precious metal. The traditional safe haven asset's price has risen by more than 20 percent during the past six months. According to the Korea Exchange (KRX) Sunday, the price of one gram of gold stood at 68,640 won ($57.22) as...

Anna J. Park | 2020-07-05 16:15

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