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On the Spot
: Jhoo Dong-chan
Thu, July 18, 2019 | 12:26
For Bangladesh's infrastructure
Export-Import Bank of Korea project finance division director Yang Hwan-joon, fifth from left, applauds with Bangladesh's government officials during the Bangladesh Infrastructure Investment Promotion conference at Lotte Hotel in Seoul, Wednesday. / Courtesy of Export-Import Bank of Korea
| 2019-07-18 08:58
Insurers rush to issue bonds to secure cash reserve
The nation's insurers are rushing to issue corporate bonds to secure enough cash reserves at the same time as an international standards setting body has proposed deferring the introduction of International Financial Reporting Standard (IFRS) 17 by another year to 2023. According to the insurance sector, the nation's life and non-life insurers have issued a total of 580 billi...
| 2019-07-16 16:00
BOK under growing pressure to cut key rates
The Bank of Korea (BOK) is under growing pressure to lower its key interest rate after U.S. Federal Reserve Chairman Jerome Powell strongly hinted at a rate cut later this month, Thursday. Experts said the BOK is likely to lower the benchmark rate in August at the latest if the Fed cuts its policy rate this month. The Korean central bank is scheduled to have rate-setting mone...
| 2019-07-15 17:42
VANK intern fights for true history about Korea
An American high school student is drawing attention from the Korean community there for sending letters to U.S. textbook publishers to increase coverage of Korean history.
| 2019-07-15 16:52
BOK faces further delay in building new head office
The construction of the Bank of Korea's (BOK) new head office won't start in the near future due to a legal issue between the procurement office and bidding builders, the central bank said.
| 2019-07-14 17:08
Why are foreigners buying Samsung, SK hynix shares despite Korea-Japan row?
Samsung Electronics and SK Hynix are experiencing difficulties since Japan is restricting exports of chip- and display-making materials, but foreign investors are rushing to buy shares of the two chipmakers, according to the Korea Exchange Sunday.
| 2019-07-14 17:04
Hitachi Zosen exits Korea after forced labor ruling
Japan-based Sanwa Money halts credit loans for 5 months
Japan-based private moneylender Sanwa Money has halted new loans to Korean customers for five months, sources said Thursday.
| 2019-07-11 19:49
With future writers
Korea Housing Finance Corp. (HF) CEO Lee Jung-hwan, center, poses with winners of the first HF Policy Mortgage Literature and Creative Writing Contest at the Federation of Korean Industries Hall on Yeouido, Seoul, Thursday. / Courtesy of Korea Housing Finance Corp.
| 2019-07-11 19:49
Financial firms keeping close watch on Korea-Japan trade row
The nation's financial firms are paying close attention to the latest developments in the trade feud between Korea and Japan. They said that there have yet to be any signs of serious aftereffects from the trade row but they have held a series of emergency meetings to discuss the possible risks that could be caused by prolonging the conflict.
| 2019-07-11 17:42
'Seoul proposes plan to compensate forced wartime laborers
Korea Exchange (KRX) Management Support division head Chae Nam-ki, second row seventh from left, poses with the exchange's employees and farmers at Buksam Village in Yeoncheon County, Gyeonggi Province, Wednesday. Chae and 40 KRX workers volunteered at the village to help farmers there. / Courtesy of Korea Exchange
| 2019-07-10 20:59
Ban on intrusive job interview questions comes into force
Typhoon barreling toward Korean Peninsula
McDonald's customer served 'almost completely raw' chicken burger
Hollys, Daiso struggling with tumbler fiasco
Psy unveils music video in collaboration with Suzy
Washington unwilling to actively mediate Seoul-Tokyo trade friction
Ex-Samsung engineer develops app for healthy diet
Skepticism growing over Korean economy
CEO brings Prestigious startup to Korea
Rockies' Oh Seung-hwan to undergo season-ending elbow surgery
Celebrating Korea-Czech relations
FINA World Championships 2019
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