KoreaTimes - Finance

The Korea Times

The Korea Times

The Korea Times

Finance

Fri, September 22, 2023 | 13:58

Doosan Robotics' upcoming IPO draws positive market responses

Doosan Robotics' upcoming IPO draws positive market responses

Robotic arm models developed by Doosan Robotics / Courtesy of Doosan RoboticsBy Anna J. ParkThe upcoming IPO of Doosan Robotics, the largest public offering candidate for the Korean stock market this year, is facing a buoyed market response over the news that it kicked off a week-long book-building process, Monday. The market's excitement is also evidenced in the surge of the...

Anna J. Park | 2023-09-11 15:54

Exports down 7.9% during first 10 days of Sept.

Exports down 7.9% during first 10 days of Sept.

Korea's exports fell 7.9 percent on-year in the first 10 days of September due to weak shipments of chips and petroleum products, data showed Monday.

2023-09-11 09:59

FSC vice chief promotes Korea's improved market accessibility to global investors

FSC vice chief promotes Korea's improved market accessibility to global investors

Financial Services Commission (FSC) Vice Chairman Kim So-young promoted the Korean government's efforts to improve market accessibility and regulations for global investors in an investor relations (IR) session in Hong Kong on Friday. According to the FSC on Sunday, the vice chief of the country's top financial regulator showcased the Korean government's latest moves to advan...

Anna J. Park | 2023-09-10 16:31

Hana invites overseas employees to workshop

Hana invites overseas employees to workshop

Employees from Hana Financial Group's overseas business operations pose with the group's executives during a workshop in the district of Cheongna International City in Incheon, Sept. 9. Titled, “All Connected in Hana Global,” the workshop was held from Sept. 4 to 9, with 30 invited employees from 20 countries at the group's training center on Cheongna Global Campu...

Yi Whan-woo | 2023-09-10 16:28

Assembly moves to punish bank CEOs for negligence

Assembly moves to punish bank CEOs for negligence

The National Assembly is expected to receive a bill for approval within this month, as part of accelerated efforts made by the government and the ruling party, to punish commercial bank CEOs if their companies are caught committing financial crimes, according to political and financial sources, Sunday.

Yi Whan-woo | 2023-09-10 16:27

KB Financial to enhance non-banking business under new leadership

KB Financial to enhance non-banking business under new leadership

The nomination of KB Financial Group Vice Chairman Yang Jong-hee as the group's next chief signals that the group is on course to bolster its non-banking business under a broader strategy...

Yi Whan-woo | 2023-09-10 16:25

Diesel car owners nervous as China limits exports of urea

Diesel car owners nervous as China limits exports of urea

Diesel car owners and retailers selling liquid urea in import-dependent Korea are concerned about a possible shortage of the substance after news reports surfaced that China has limited exports of the organic compound, according to industry officials, Sunday.

Ko Dong-hwan | 2023-09-10 16:07

FSS Governor visits Europe to attract financial investments

FSS Governor visits Europe to attract financial investments

Financial Supervisory Service (FSS) Governor Lee Bok-hyun has embarked on a week-long tour, Sunday, which will entail visits to three European countries: Switzerland, the U.K. and Germany. The tour aims to both promote the Korean financial industry and discuss global financial supervision issues.

Anna J. Park | 2023-09-10 15:55

[Contribution] What G2 growth divergence means for Korea

ContributionWhat G2 growth divergence means for Korea

Despite concerns about a property-driven downturn in growth in China, Korean exports are likely to improve thanks to a manufacturing recovery in both the U.S. and China. In the medium term, Korean trade is likely to be influenced greatly by the U.S.

2023-09-10 13:24

Yang Jong-hee tapped as next chairman of KB Financial Group

Yang Jong-hee tapped as next chairman of KB Financial Group

KB Financial Group announced Friday that it selected Yang Jong-hee, the group's vice chairman, as the final candidate to become the next chairman. His professionalism in both banking and non-banking industries was highly regarded.

Lee Yeon-woo | 2023-09-08 20:52

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