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Mon, July 4, 2022 | 14:58
KDB's capability of salvaging financially troubled firms called into question
KDB's capability of salvaging financially troubled firms called into question
The botched sale of SsangYong Motor is calling into question the capability of its main creditor, the Korea Development Bank (KDB), in salvaging financially troubled companies. SsangYong Motor joins Daewoo Shipbuilding & Marine Engineering (DSME), also under KDB control, in remaining unsuccessful at finding new owners during the Moon Jae-in administration.
Yi Whan-woo | 2022-03-29 16:38
Will 2022 be another bull market for cryptocurrencies?
Will 2022 be another bull market for cryptocurrencies?
Bitcoin is rallying again, surpassing the $48,000 mark for the first time since last December.
Anna J. Park | 2022-03-29 15:53
Crypto exchanges seek new business models in metaverse, NFT
Crypto exchanges seek new business models in metaverse, NFT
Korea's cryptocurrency exchanges are seeking new business models in the emerging metaverse and non-fungible token (NFT) markets. The moves are part of their efforts to diversify revenue streams into untapped areas with high growth potential by taking advantage of their expertise in blockchain technology.
Lee Min-hyung | 2022-03-24 16:47
Leader of NH Investment & Securities to focus on regaining market trust
Leader of NH Investment & Securities to focus on regaining market trust
NH Investment & Securities CEO Jeong Young-chae will focus on regaining the market's during his extended two-year tenure. Jeong took office as the leader of the securities firm in 2018 and will lead the company until March 2024 after recently receiving approval on his term extension during a regular shareholders' meeting.
Lee Min-hyung | 2022-03-24 14:52
Will foreign investors continue to desert KOSPI?
Will foreign investors continue to desert KOSPI?
Foreign investors are dumping Korean stocks, with the percentage of foreign ownership among KOSPI-listed stocks falling to its lowest level in six years. Analysts say these investors are likely to continue net-selling Korean stocks for the time being, as the Korean economy has turned out to be comparatively more vulnerable to global inflation, due to its lack of raw materials...
Anna J. Park | 2022-03-23 17:05
Outgoing BOK chief warns of prolonged inflation
Outgoing BOK chief warns of prolonged inflation
Bank of Korea (BOK) Governor Lee Ju-yeol warned of prolonged inflation and called for the need to reduce risks regarding financial imbalances during his farewell press conference, Wednesday. Lee, whose term will end on March 31, put concerns over the benchmark interest rate decision aside ahead of the BOK's board meeting scheduled for April 14.
Yi Whan-woo | 2022-03-23 16:57
  • BOK chief nominee vows to consider growth, inflation, financial instability 'in balancing manner'
  • No drastic monetary policy shift expected under new BOK governor
Gov't to ease property-related tax burden on owners of one home
Gov't to ease property-related tax burden on owners of one home
The governments said Wednesday it plans to ease the tax burden on owners of a single home amid skyrocketing housing prices.
2022-03-23 10:37
NPS' dissenting votes weigh on financial firms
NPS' dissenting votes weigh on financial firms
Major financial groups here face uncertain outcomes ahead of their regular shareholders meetings this week, as the National Pension Service (NPS) is highly likely to cast dissenting votes on key proposals as the largest shareholder of the nation's top four financial holding firms.
Lee Min-hyung | 2022-03-22 16:07
Battery recycling crucial for ESG management: Samjong KPMG
Battery recycling crucial for ESG management: Samjong KPMG
The rapid growth of the electric car market is fostering the recycling of discarded batteries and companies are being urged to capitalize on the market for salvaged cells as part of their environmental, social, and corporate governance (ESG) principles, according to Samjong KPMG.
Yi Whan-woo | 2022-03-22 09:00
Foreign financial firms urge Yoon to overhaul tax, regulatory schemes
Foreign financial firms urge Yoon to overhaul tax, regulatory schemes
Foreign financial firms have urged the incoming administration to be led by President-elect Yoon Suk-yeol to ease complex regulatory hurdles and reduce corporate taxes to make Korea become more attractive to overseas investors. Such views reflect a years-long controversy that platform giants such as Naver and Kakao took advantage of regulatory blind spots when expanding their...
Lee Min-hyung | 2022-03-21 16:05
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Top 10 Stories
  • Declining approval rating feared to dampen Yoon's political drive
  • Korea's bio industry at turning point after pandemic
  • Can Chinese demand cushion blow of US recession on Asian economies?
  • Concerns grow over COVID-19 resurgence
  • More than six out of 10 South Koreans willing to fight for country
  • Not just another crypto-bubble
  • Umbrella union stages massive rallies in Seoul amid scorching heat
  • Inflation expected to accelerate further in 2nd half
  • Japanese media focuses on Yoon's 'sales diplomacy'
  • Korea loses money in trade with China
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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Masthead : The Korea Times
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