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Fri, December 8, 2023 | 11:27
[ANNIVERSARY SPECIAL] Redefining identity, service for next 70 years
A paper borne in the tragedy and ashes of the 1950-1953 Korean War in essence is a shout-out of desperation to the world hoping people will listen and focus their attention on affairs taking place on the Korean Peninsula. That was the beginning of The Korea Times, which also served as a medium, a conduit for Koreans to assert their national identity after decades of subjugati...
JP Morgan expects Korean economy to contract 1% in Q1
The economy will likely contract 1 percent in the first quarter of this year from a quarter ago due to the fallout of the novel coronavirus, J.P. Morgan Chase forecast Friday.In its latest report, the global investment bank said that the key culprit behind its pessimistic outlook was the supply chain disruption from the coronavirus outbreak, which it expects will deal a heavy...
Closer to Olympic men's football berth
South Korea's Lee Dong-gyeong celebrates after scoring a last-minute, winning goal against Jordan during a quarterfinal match in the Asian Football Confederation (AFC) U-23 Championship in Thailand, Sunday. Korea beat Jordan 2-1 and will face Australia in the semifinals, Wednesday. The AFC event is the qualifying competition for the 2020 Tokyo Olympics, with the top three nat...
For overseas investment
Officials from NongHyup Financial Group and Paris-based Amundi Asset Management shake hands during this year's first steering committee meeting at the group's headquarters in Seoul, Jan. 15. At the meeting, they agreed to cooperate to strengthen NH-Amundi Asset Management's overseas investment. Amundi is NH-Amundi's second largest shareholder. Courtesy of NongHyup Financial G...
[INTERVIEW] 'South Korea doesn't push socialist economic policies'
With the Moon Jae-in administration rolling out a series of measures focusing on redistribution over growth, there has been growing concern here and abroad that “socialism” is permeating into the capitalist South Korea. Many foreigners, in particular, have criticized Seoul government for tipping the balance of economic policies toward socialism, which they claim violate free ...
'Unity in diversity'
With the start of New Year 2020, politicians and policymakers have rushed to unveil a lot of lofty pledges to attract voters' minds ahead of the upcoming general election slated for April. They, regardless of their parties and places of origins, are claiming that they are the only qualified candidates to make South Korea a better country by resorting to the rhetoric of politi...
FSC chief vows to lower entry barriers for 'innovative finance'
The nation's top financial regulator has vowed to prioritize “innovative finance” in 2020 while taking pre-emptive actions to ensure market stability.
Mirae Asset Daewoo globally recognized for social investment
Mirae Asset Daewoo has been recognized for its social investment as one of its public bonds was selected as the “Best FIG (Financial Institutions Group) Bond” among Korean financial firms' overseas bonds at the 2019 Triple A Country Awards hosted by The Asset, the company said Tuesday.
Rethink strategies for ASEAN
The Korea-ASEAN commemorative summit is just three weeks away. President Moon Jae-in and his administration must be busy preparing for the summit, which Foreign Minister Kang Kyung-hwa says will set a diplomatic milestone with the 10-member economic bloc in Southeast Asia.
JP Morgan-led blockchain network growing fast
J.P. Morgan's blockchain-based payments initiative, known as Interbank Information Network (IIN), has expanded dramatically over the last 12 months, as more than 330 banks, including Deutsche Bank, have signed up to be part of IIN, the U.S. bank said Friday.
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