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Reporter : Lee Kyung-min
Thu, February 22, 2024 | 18:56
[INTERVIEW] ‘Personal is business’: influencer platform operator
Go Young-ha is an influencer and the CEO of Basil Club, an online platform of mega-influencers, goods manufacturers with excellent taste and consumers.
High prices, delayed US easing warrant rate freeze: BOK chief
Sticky inflation and a delayed dovish pivot by the U.S. Federal Reserve have made it hard for the Bank of Korea (BOK) to begin an easing cycle before July, the country’s top monetary policymaker said Thursday.
FSC vice chair to promote 'value-up' initiative in Singapore, Thailand
Financial Services Commission (FSC) Vice Chairman Kim So-young will meet with foreign investors in Singapore and Thailand next week to promote its corporate “value-up” initiative outlined to reinvigorate the chronically stagnant local bourse, market watchers said Tuesday.
US overtakes China in post-pandemic tourism spending in Korea
U.S. inbound travelers spent the most in Korea last year as they looked to experience local culture due to the rise in global popularity of Korea's entertainment industry and pop culture, data showed Tuesday.
Concerns grow as low-credit borrowers turn to internet-only banks
The delinquency rates on loans granted by internet-only banks to low-credit, self-employed borrowers are climbing. This is a red flag for the IT-oriented lenders which were established to guarantee access to more affordable financing for customers with weak financial profiles, market watchers said Monday.
Financial groups rush to issue hybrid bonds to bolster equity capital
The country’s top four financial groups are rushing to issue hybrid bonds, or perpetual bonds, to bolster their financial profiles, market watchers said Monday.
Financial sector leaders attend global IT events to spur digitalization, innovation
Heads of Korea’s financial groups and commercial lenders are rushing to attend global IT events to digitalize and innovate their financial services, market watchers said Sunday.
5 financial groups' overseas real estate risk exposures exceed $14.9 bil.
Fears are mounting of enormous losses from the country’s top five financial groups’ total 20 trillion won ($14.9 billion) in investments related to overseas real estate markets, amplified by tanking U.S. commercial real estate (CRE) value and the follow-on effects on the global lenders, market watchers said Sunday.
BOK easing pushed back amid hotter-than-expected US inflation data
The timeline for the Bank of Korea's (BOK) monetary easing will be delayed, influenced chiefly by hotter-than-expected U.S. inflation data and resultant pared-down expectations of a May rate cut by the U.S. Federal Reserve, market watchers said Wednesday.
Will Bitcoin continue to soar?
Bitcoin surpassed a year-to-date high of 67 million won ($50,000), propelled by the New Year rally effect, market watchers said Tuesday. It is the first time in 26 months since the figure exceeded the $50,000 mark set back in December 2021.
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