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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Mon, December 11, 2023 | 15:34

Korea, Britain finance chiefs discuss economic dialogue, investment ties

Korea, Britain finance chiefs discuss economic dialogue, investment ties

The finance ministers of Korea and Britain on Tuesday discussed the establishment of a bilateral economic dialogue and investment cooperation channels as follow-up measures to last month's summit of their leaders, Seoul's finance ministry said.

2023-12-05 21:01

Financial authority puts 5-month suspension on NH Futures' foreign exchange operations

Financial authority puts 5-month suspension on NH Futures' foreign exchange operations

The Financial Services Commission (FSC), the country's top financial regulator, has confirmed a suspension of business for NH Futures' foreign exchange operations for just over five months, starting this week.

2023-12-05 16:55

MBK seeks to overhaul Hankook & Company's governance through 20.35% stake purchase

MBK seeks to overhaul Hankook & Company's governance through 20.35% stake purchase

MBK Partners launched a public tender offer for public shares of Hankook & Company, the holding company of Hankook Tire & Technology, Tuesday, looking to enhance its corporate governance structure.

2023-12-05 16:47

Hankook Tire mired in sibling feud again

K bank names digital expert as new CEO

K bank names digital expert as new CEO

K bank has named former BNK Financial Group executive Choi Woo-young as its next CEO, the company announced, Tuesday.

2023-12-05 16:41

Finance minister nominee vows aggressive push for market-driven reforms

Finance minister nominee vows aggressive push for market-driven reforms

Finance minister nominee Choi Sang-mok vowed, Tuesday, to aggressively pursue market-driven reforms through innovation and deregulation, stressing the need for Korea to turn into a dynamic economy in the midst of an accelerated growth slowdown and persistently high inflation.

2023-12-05 16:24

Gold price reaches record high; bitcoin surpasses $41,000

Gold price reaches record high; bitcoin surpasses $41,000

Gold and bitcoin are rallying on the back of investor preference for safe assets, coupled with expectations for a rate cut by the U.S. Federal Reserve, according to market watchers, Tuesday.

2023-12-05 16:24

[INTERVIEW] Female leadership not just diversity issue, but survival necessity

INTERVIEWFemale leadership not just diversity issue, but survival necessity

In 2022, Korea mandated that listed companies with assets exceeding 2 trillion won must appoint at least one female member to their management teams. As a result, the percentage of female directors in Korea increased from 10.5 percent in 2016 to 14.6 percent in 2022, according to The Economist's data.

2023-12-05 16:15

Demand for prime office buildings in Seoul to stay strong in 2024: Cushman & Wakefield

Demand for prime office buildings in Seoul to stay strong in 2024: Cushman & Wakefield

Despite the country's not-so-bright economic outlook for 2024, Seoul's prime office building market is expected to continue enjoying high demand next year, a global real estate firm said Tuesday.

2023-12-05 16:07

Cars, batteries, instant noodles drive Korea's exports in 2023

Cars, batteries, instant noodles drive Korea's exports in 2023

Korean exports are sustaining surpluses on the back of strong performances in the automobile, batteries and instant noodles industries, despite high interest rates, geopolitical conflicts and other unfavorable global economic conditions, according to the Ministry of Energy, Industry and Trade, Tuesday.

2023-12-05 15:58

Hana Financial Group donates $11 mil. to the underprivileged

Hana Financial Group donates $11 mil. to the underprivileged

Hana Financial Group donated 15 billion won ($11.4 million) to the Community Chest of Korea, so as to fulfill its social responsibility as a financial business and for the mutual prosperity of the community and the group, the financial group announced on Tuesday.

2023-12-05 15:10

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