KoreaTimes - Finance

Entertainment
& Arts

Sports

World

SCMP
Asia

Video

Photos

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Finance

Thu, September 29, 2022 | 19:51

UDC 2022 kicks off in Busan with focus on blockchain

BUSAN - The Upbit Developer Conference (UDC) 2022 started Thursday with great fanfare under the key theme of “Imagine your blockchain life,” bringing together prominent blockchain developers from here and abroad in the nation's largest port city. Leaders and developers from major blockchain network operators - such as Polygon, Solana, TRON and FTX - have appeared at the event...

Lee Min-hyung | 2022-09-22 16:58

Dunamu looks to global NFT market for growth

Dunamu looks to global NFT market for growth

BUSAN - Dunamu, the operator of the nation's dominant crypto exchange platform, Upbit, has identified the worldwide non-fungible token (NFT) industry as its next big growth area amid the rise of the “fandom economy,” CEO Lee Sirgoo said, Thursday, on the sidelines of this year's Upbit Developer Conference (UDC) in Busan. “We have tried multiple businesses - such as custody an...

Lee Min-hyung | 2022-09-22 16:50

UDC 2022 kicks off in Busan with focus on blockchain

Mirae Asset, IBK sign MOU to expand digital payment services

Mirae Asset Securities and Industrial Bank of Korea (IBK) signed an MOU to work together on various projects, including digitalization of transactions for small and medium-sized enterprises (SMEs), improving payment services for customers and joint research and searching for new businesses related to digitalization.

2022-09-22 16:12

Kyobo Lifeplanet Life Insurance appoints new CEO

Kyobo Lifeplanet Life Insurance has appointed Kang Tae-yoon as the new CEO to lead the company for the next two years. His term is slated to end in September 2024. Kang's appointment ended the era of the firm's long-serving former CEO, Lee Hak-sang, who led the company during the past decade, since the firm's official launch in 2013.

Anna J. Park | 2022-09-22 15:28

Delinquency ratio on bank loans inches up in July

The delinquency ratio on loans extended by banks in Korea inched up in July from a month earlier, but it still had remained at a record-low level on the back of state supportive measures for virus-hit small merchants, the financial watchdog said Thursday.

2022-09-22 14:00

Won's tumble darkens outlooks for economy

A recent accelerating slide in the local currency against the U.S. dollar is feared to aggravate uncertainty over the Korean economy already struggling in the face of galloping inflation, high borrowing costs and worries over slowing growth, observers said Thursday.

2022-09-22 13:57

Won hits over 13-year low against dollar after Fed's rate hike

Capital outflows from Korea won't incur drastic foreign liquidity shortage: BOK

Korea is not likely to suffer a sudden shortage of foreign currency liquidity even in the case of massive capital outflows from domestic financial institutions over recent U.S. interest rate hikes, a central bank report showed Thursday.

2022-09-22 11:37

Seoul's stocks open over 1% lower after Fed's sharp rate hike

Korean stocks opened more than 1 percent lower on Thursday as worries over a global recession mounted after the U.S. Federal Reserve delivered another sharp rate hike to tame runaway inflation.

2022-09-22 10:20

Fed attacks inflation with another big hike and expects more

Won hits over 13-year low against dollar after Fed's rate hike

The Korean currency on Thursday sank below the 1,400 mark against the U.S. dollar for the first time in more than 13 years as the Federal Reserve delivered another sharp rate hike and signaled further large increases.

2022-09-22 09:30

Fed's rate hike to amplify market volatility for time being: finance minister

Korea plans to implement steps to stabilize the market in a timely manner as the U.S. Federal Reserve's latest sharp rate hike could amplify market volatility and raise economic uncertainty for some time, the finance minister said Thursday.

2022-09-22 08:46

Fed attacks inflation with another big hike and expects more

1 2 3 4 5 6 7 8 9 10

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.