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    INTERVIEWAhn Hyo-seop wanted to share dedicated love with 'A Time Called You'

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    SHINee launches first Japan tour in 5 years

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    Korea makes last-ditch bid to host World Expo 2030 in Busan

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    Heavy traffic jams mostly eased on 5th day of holiday

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    Public transit fares to increase in Seoul and Busan this week

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    Korea picks up 2 medals in table tennis as gold drought continues

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    'Dr. Cheon and Lost Talisman' tops Chuseok holiday box office

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    Internet-only banks outperform legacy lenders in labor productivity

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    Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW

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Wed, October 4, 2023 | 18:58
Crypto.com's inroads into Korea contrasts with struggling Binance
Crypto.com's inroads into Korea contrasts with struggling Binance
Crypto.com, a Singapore-based crypto exchange, is making stable gains in the Korean market but Binance, a global crypto exchange platform, is stuck at a crossroads amid prolonged regulatory challenges.
Lee Min-hyung | 2023-08-17 16:51
Young bankers choose early retirement amid soaring bank profits
Young bankers choose early retirement amid soaring bank profits
The age of bankers opting for voluntary retirement is consistently decreasing, with even those in their late 30s now taking this route. Market watchers attribute this trend to a surge in banks' profits, leading to favorable early retirement terms, and a growing inclination among individuals to swiftly plan for the next chapter of their lives.
Lee Yeon-woo | 2023-08-17 16:45
Authorities blame internet-only banks' mortgage loans for high household debt
Authorities blame internet-only banks' mortgage loans for high household debt
Financial authorities are closely watching internet-only banks, identifying their non-face-to-face mortgage loans as a contributing factor to the rapid surge in household debt. Authorities are investigating whether the loan screening procedures and management of default rates of such banks are appropriate.
Lee Yeon-woo | 2023-08-17 16:31
Woori chief encourages affiliates after disappointing performance in H1
Woori chief encourages affiliates after disappointing performance in H1
Woori Financial Group Chairman Yim Jong-yong is visiting the group's major affiliates to encourage employees in the wake of the group's disappointing performance during the first half of this year.
Lee Yeon-woo | 2023-08-17 08:23
Mirae Asset takes over Australia's leading robo-advisor company
Mirae Asset takes over Australia's leading robo-advisor company
Mirae Asset Global Investments has acquired a 53 percent stake in Australia's leading robo-adviser Stockspot for around 24 billion won ($180 million), to accelerate its expansion into the artificial intelligence (AI)-converged financial market, the company said Wednesday.
Lee Min-hyung | 2023-08-16 15:20
Citibank Korea CEO becomes highest-paid bank CEO
Citibank Korea CEO becomes highest-paid bank CEO
Citibank Korea CEO Yoo Myung-soon was the highest-paid leader in the Korean banking industry in the first half of the year, data showed, Tuesday.
Yi Whan-woo | 2023-08-15 16:36
Toss Bank's AI system spots fake IDs, prevents fraud
Toss Bank's AI system spots fake IDs, prevents fraud
Toss Bank announced that its real-time artificial intelligence (AI) system has contributed to preventing financial fraud. The digital bank said its AI-based detection system has spotted over 600 fake IDs, undermining attempts to open up fraudulent accounts.
Anna J. Park | 2023-08-15 15:10
K bank posts 41.4 percent jump in quarterly net profit in Q2
K bank posts 41.4 percent jump in quarterly net profit in Q2
K bank has achieved a net profit of 14.7 billion won ($11 million) during the second quarter of this year, due mainly to expanded business operations as well as diversified loan portfolios.
Anna J. Park | 2023-08-14 16:53
Hana joins hands with financial watchdog to nurture young digital experts
Hana joins hands with financial watchdog to nurture young digital experts
Hana Financial Group and the Financial Supervisory Service (FSS) are co-hosting the second edition of a project aiming to foster young workers skilled in digital technologies after successfully completing the first edition last month, the banking group said Sunday. Also joined by Google Korea, Amazon Web Services Korea, Microsoft Korea and SK Telecom, the Hana Digital Power O...
Yi Whan-woo | 2023-08-13 16:51
Bank CEOs may face liability for lax internal controls
Bank CEOs may face liability for lax internal controls
Commercial bank CEOs could face liability if their companies are caught committing forgery, embezzlement and other financial crimes, all of which have been rampant lately in the banking industry, according to financial industry officials, Sunday.No bank CEOs have so far been held accountable for the above-mentioned crimes. Frustratingly, few of the CEOs have succeeded in find...
Yi Whan-woo | 2023-08-13 16:16
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Top 10 Stories
1Public transit fares to increase in Seoul and Busan this week Public transit fares to increase in Seoul and Busan this week
2Ruling party vows to investigate China's alleged influence operations Ruling party vows to investigate China's alleged influence operations
3Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW
4Korean steelmakers on alert over initiation of EU carbon border tariff Korean steelmakers on alert over initiation of EU carbon border tariff
5Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar
630 out of 74 major financial companies lack female board member 30 out of 74 major financial companies lack female board member
7Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales
8Lawmakers want chairmen of financial firms held accountable over misconduct Lawmakers want chairmen of financial firms held accountable over misconduct
9Dong-A Socio Group’s honorary chairman passes away at 96Dong-A Socio Group’s honorary chairman passes away at 96
10Returning home from Chuseok holiday Returning home from Chuseok holiday
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