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    Garbage collector mistakes sex doll for corpse

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    Major webtoon platforms' fight against piracy

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    Netflix announces password sharing crackdown in Korea

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    ENHYPEN-inspired webtoon 'Dark Moon: The Blood Altar' surpasses 100 million views

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    4 South Korean activists arrested for executing orders from Pyongyang

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    INTERVIEWA touch of authenticity in Korea's Mexican cuisine scene

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    $120,000 banana, praying Hitler: Infamous art world prankster Maurizio Cattelan's first Seoul outing

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Fri, February 3, 2023 | 16:00
8 candidates vie for Woori's next chairmanship
8 candidates vie for Woori's next chairmanship
Woori Financial Group reportedly longlisted eight candidates for its next chairman, after incumbent Chairman Son Tae-seung expressed his intention of stepping down from the post at the end of his term. According to sources in the financial industry, the candidates include five executives from within its ranks, and three outside figures. Among them are Woori Bank CEO Lee Won-d...
Lee Min-hyung | 2023-01-19 16:43
Gov't bond rate falls below base rate, signaling end to rate hike cycle
Gov't bond rate falls below base rate, signaling end to rate hike cycle
The coupon rates of treasury bonds are falling below the key interest rate, stoking speculation that the Bank of Korea's (BOK) rate hike cycle ended with its latest decision, Jan. 13. In particular, the longer the maturity of treasury bonds, the steeper their coupon rates fall, as owning treasury bonds for a longer period of time is likely to result in less profit.
Yi Whan-woo | 2023-01-19 16:41
FSC to scrap foreign investor registration system
FSC to scrap foreign investor registration system
The requirement for foreign investors to register their identities before making investments in Korea will be lifted, as the financial authorities aim to innovate the country's regulations to better conform to global standards. This development is according to the Financial Services Commission (FSC), the country's top financial regulator, on Thursday, as it held its ninth der...
Anna J. Park | 2023-01-19 16:36
Mirae Asset marks 15th anniversary in India
Mirae Asset marks 15th anniversary in India
Mirae Asset Global Investments celebrates the 15th anniversary of its operations in India, having entered the country in 2008. The firm announced earlier this week that Mirae Asset Global Investments is currently India's only independent foreign asset manager.
Anna J. Park | 2023-01-19 16:26
Brokerage houses heat up race in securities token market
Brokerage houses heat up race in securities token market
Brokerage houses here are preparing to jump into the nascent securities token market after a financial watchdog approved Thursday the issuance of blockchain-powered digital tokens. Financial Services Commission (FSC) Chairman Kim Joo-hyun said securities token offerings (STO) will be legally available in Korea. The decision came amid growing demand for tokenized digital asset...
Lee Min-hyung | 2023-01-19 15:49
BNP Paribas appoints Seoul branch chief
BNP Paribas appoints Seoul branch chief
BNP Paribas appointed Aymar de Liedekerke Beaufort as head of its Seoul branch, the banking group announced Thursday.
Yoon Ja-young2023-01-19 15:35
Local think tank lowers 2023 growth projection for Korea to 1.8%
Local think tank lowers 2023 growth projection for Korea to 1.8%
A local think tank on Thursday projected Korea's economy will grow 1.8 percent this year, downgrading its earlier forecast as global recession worries mount and domestic demand is expected to dwindle amid high inflation and interest rates.
2023-01-19 11:56
KSD advises caution in foreign currency securities investments
KSD advises caution in foreign currency securities investments
The Korea Securities Depository (KSD) has advised people to think carefully before investing in foreign currency securities. “Local investors cannot deal swiftly with any abrupt price falls of foreign currency securities due to issues such as short-selling and asymmetric information,” a KSD official said Wednesday.
2023-01-18 16:50
BOK to pay 'additional attention' to trade-offs on growth, financial stability in executing monetary policy
BOK to pay 'additional attention' to trade-offs on growth, financial stability in executing monetary policy
Korea's central bank will pay "additional attention" to implications that previous steep rate increases could have on economic growth and financial stability in carrying out its monetary policy going forward, its chief said Wednesday.
2023-01-18 16:47
Woori Financial chief decides not to seek another term
Woori Financial chief decides not to seek another term
Woori Financial Group Chairman Son Tae-seung has officially decided to wrap up his four-year term ending in March this year, and not to seek another term as group chief. “Today, I'd like to say that I am also joining a generational shift movement that's been trending in the local financial industry,” Son said in an official statement released Wednesday.
Anna J. Park | 2023-01-18 16:44
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Top 10 Stories
1Seoul city council under fire for sexual conduct guidelines for teachers Seoul city council under fire for sexual conduct guidelines for teachers
2Samsung unveils new Galaxy S23 smartphone Samsung unveils new Galaxy S23 smartphone
3[INTERVIEW] A touch of authenticity in Korea's Mexican cuisine scene INTERVIEWA touch of authenticity in Korea's Mexican cuisine scene
4Pyongyang threatens eye-for-eye response as US B-1B bombers join drills in South Korea Pyongyang threatens eye-for-eye response as US B-1B bombers join drills in South Korea
5Police to introduce new measures to better handle intoxicated people Police to introduce new measures to better handle intoxicated people
6Gov't announces measures to cope with shortage of surgeons Gov't announces measures to cope with shortage of surgeons
7[INTERVIEW] 'Extended deterrence is best option to ensure peace on Korean Peninsula' INTERVIEW'Extended deterrence is best option to ensure peace on Korean Peninsula'
8[INTERVIEW] US-NK summit is unlikely in 2023: Korea Society INTERVIEWUS-NK summit is unlikely in 2023: Korea Society
9[INTERVIEW] IMF expects no recession for Korean economy INTERVIEWIMF expects no recession for Korean economy
10Taxi passengers in Seoul taken aback by fare increase Taxi passengers in Seoul taken aback by fare increase
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