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Sun, December 3, 2023 | 10:08

KB Financial Group seeks extended term of banking unit CEO

KB Financial Group seeks extended term of banking unit CEO

KB Financial Group recommended extending the term of KB Kookmin Bank CEO Lee Jae-keun, the lender said Friday.

2023-12-01 17:10

Crackdown on illegal short selling takes priority over MSCI listing: FSC vice chair

Crackdown on illegal short selling takes priority over MSCI listing: FSC vice chair

Eliminating illegal short selling is a far more pressing task than the country making the Morgan Stanley Capital International (MSCI) World list, a benchmark for global stock market funds, the country’s financial regulator said, Friday.

2023-12-01 16:42

Korea, Japan clinch $10 bil. currency swap deal

Korea, Japan clinch $10 bil. currency swap deal

Korea and Japan clinched a $10 billion currency swap deal Friday, eight years after the former deal ended, amid signs of a thaw in their relations.

2023-12-01 16:35

Short-selling ban meant for fairness, market upgrade: regulator

Short-selling ban meant for fairness, market upgrade: regulator

Korea's financial regulator said Friday that its recent measures to ban stock short selling are aimed at boosting fairness and upgrading the market system.

2023-12-01 13:30

Korea's exports rise for 2nd straight month in November on rising chip sales

Korea's exports rise for 2nd straight month in November on rising chip sales

Korea's exports increased for the second consecutive month in November on the back of growing demand for semiconductors, data showed Friday.

2023-12-01 10:01

KOSPI predicted to reach 2,700-2,830 range in 2024

KOSPI predicted to reach 2,700-2,830 range in 2024

Foreign investment banks predict that Korea's benchmark KOSPI will rise from 2,700 to 2,830 next year.

2023-11-30 16:39

Tving and Wavve begin merger talks

Tving and Wavve begin merger talks

Korea's two major streaming services Tving and Wavve have recently begun merger talks, aiming to increase their market dominance by creating the country's largest over-the-top (OTT) platform with some 10 million monthly active users (MAU).

2023-11-30 16:18

PPS helps local businesses venture into overseas markets

PPS helps local businesses venture into overseas markets

Over 250 local exporters and 90 foreign firms from 21 countries attended Global Public Procurement Marketplace (GPPM) 2023, to foster investor relations and fortify business networks, the country’s public procurement service agency said on Wednesday.

2023-11-29 16:47

4 in 10 builders cannot service interest payments

4 in 10 builders cannot service interest payments

Four out of 10 construction companies are unable to make loan repayments to banks, according to the industry researcher, Tuesday.

2023-11-28 16:49

Insurers may lower car insurance rates by 3%

Insurers may lower car insurance rates by 3%

Insurers are expected to lower annual car insurance rates by 3 percent, in line with a “mutual growth” drive spearheaded by President Yoon Suk Yeol, market watchers said Tuesday.

2023-11-28 16:18

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Top 10 Stories

1	5 Korea tourism clips top 225 mil. views

2	Tension mounts between Yoon administration, opposition party

3	Nexon workers in conflict with umbrella union over stance on feminism

4	Is ruling party's reform drive at end of road?

5	Daegu mayor criticizes officials for spreading false hope about Expo bid

6	Rights activists criticize wage discrimination against migrant boat crews

7	DL, SPC chiefs apologize for worker deaths under poor labor conditions

8	Crackdown on illegal short selling takes priority over MSCI listing: FSC vice chair

9	Hyundai chief pledges to support globalization of archery

10	2023 Korea-EU CSO Network Human Rights Conference to emphasize diversity, practice inclusivity

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