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Sat, July 2, 2022 | 20:04
Dunamu's earnings hit by crypto plunge
Dunamu's earnings hit by crypto plunge
Dunamu, the operator of the nation's leading cryptocurrency exchange, Upbit, reported a drastic earnings fall Tuesday, hit hard by frozen investor sentiment amid a global monetary tightening. The company's operating profit came in at 287.8 billion won ($232.75 million) in the first quarter of 2022, down 46.9 percent from a year ago. Sales also dropped 28.6 percent during the ...
Lee Min-hyung | 2022-05-31 15:14
Hana Bank launches campaign for nat'l football team ahead of friendly matches
Hana Bank launches campaign for nat'l football team ahead of friendly matches
Hana Bank has launched a special event for football fans ahead of friendly matches that it organized for the Korean national football team. The national football team is scheduled to play a series of friendly matches, starting with Brazil at Seoul World Cup Stadium on Thursday. It will also compete with Chile, Paraguay and Egypt.
Yoon Ja-young2022-05-31 14:31
KSD continues campaign to find owners of 40 bil. won in unclaimed stocks
KSD continues campaign to find owners of 40 bil. won in unclaimed stocks
The Korea Securities Depository (KSD) is trying to find the owners of the country's unclaimed stocks, which amount to over 1.67 million shares worth around 39.7 billion won ($31.9 million) as of the end of March. Unclaimed stocks occur as a result of shareholders' failure to complete an official transfer of ownership of their previous stocks.
2022-05-30 16:27
Mastercard picks head of Korea operations to lead Northeast Asian division
Mastercard picks head of Korea operations to lead Northeast Asian division
Mastercard has appointed Choi Dong-chun, the head of its operations in Korea and three other regions, to lead its entire Northeast Asia business, the company said Monday. Choi has been leading the U.S.-headquartered multinational company's operations in Korea, Hong Kong, Macau and Taiwan since September 2017.
Anna J. Park | 2022-05-30 16:01
Woori Financial launches foundation for public interest
Woori Financial launches foundation for public interest
Woori Financial Group will launch a foundation dedicated to providing multilateral support to the socially vulnerable and young generation here, the company said Sunday. The decision is part of Woori's group-wide efforts to fulfill the environmental, social and corporate governance (ESG) management. Under the plan, Woori's 15 affiliates will raise 20 billion won ($15.92 milli...
Lee Min-hyung | 2022-05-29 16:18
More investors file complaints against Terraform co-founders
More investors file complaints against Terraform co-founders
A second group of investors in Terraform Labs' troubled cryptocurrencies filed complaints Friday against its co-founders on charges of fraud.
2022-05-27 21:43
KDB relocation emerges as last-minute campaign issue in Seoul, Busan mayoral elections
KDB relocation emerges as last-minute campaign issue in Seoul, Busan mayoral elections
The rival mayoral candidates for both Seoul and Busan are capitalizing on President Yoon Suk-yeol's plan to relocate the Korea Development Bank's (KDB) headquarters outside the nation's capital in their last-minute campaigns to woo voters in the June 1 local elections. Yoon wants to move the state-run KDB to Busan in the name of balanced regional development, which collides w...
Yi Whan-woo | 2022-05-27 16:22
FSS extends inspection on scandal-tainted Woori Bank
FSS extends inspection on scandal-tainted Woori Bank
The Financial Supervisory Service (FSS) will extend its inspection of the scandal-tainted Woori Bank, citing the need to look deeper into the lender's internal control system after one of its employees was arrested for allegedly embezzling more than 60 billion won ($47.3 million) from the lender last month. The financial authority was supposed to wrap up its investigation by ...
Lee Min-hyung | 2022-05-26 16:01
Eximbank awarded for supporting SMEs in exports
Eximbank awarded for supporting SMEs in exports
The Export-Import Bank of Korea (Eximbank) got a presidential commendation for supporting the country's small and medium-sized enterprises (SMEs) in their exports. According to Eximbank, it was awarded the presidential commendation at the annual convention for SMEs organized by the Korea Federation of SMEs at the presidential office complex in Yongsan District, Seoul, Wednesd...
Yoon Ja-young2022-05-26 13:37
Mirae Asset, Hyundai Card team up for private label credit card
Mirae Asset, Hyundai Card team up for private label credit card
Mirae Asset Securities will launch a private label credit card (PLCC) by teaming up with Hyundai Card sometime in the latter half of this year. This will mark the first time for a Korean securities company to sign a PLCC partnership with a local credit card business operator. A PLCC is a special credit card issued for customers who want to receive benefits with a certain bran...
Lee Min-hyung | 2022-05-25 16:58
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Top 10 Stories
  • 'Crypto rebound will be more powerful than stocks'
  • Negative views of China among Koreans hit all-time high: survey
  • Bodies of child, parents found in vehicle recovered from water
  • Economic Essay Contest for University Students
  • Yoon dismisses China's claim that Korea is joining NATO's Indo-Pacific expansion
  • 1,000 people evacuated from building in central Seoul after tremor
  • Baemin, Coupang Eats scramble to retain delivery drivers
  • Ruling party's odd man out
  • North Korea blames balloons from South for COVID-19 outbreak
  • Yoon heads home after attending NATO summit in Spain
DARKROOM
  • Afghanistan earthquake killed more than 1,000

    Afghanistan earthquake killed more than 1,000

  • Divided America reacts to overturn of Roe vs. Wade

    Divided America reacts to overturn of Roe vs. Wade

  • Namaste: Yogis to celebrate International Yoga Day

    Namaste: Yogis to celebrate International Yoga Day

  • Poor hit harder by economic crisis

    Poor hit harder by economic crisis

  • Roland Garros 2022

    Roland Garros 2022

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