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On the Spot
: Lee Kyung-min
Wed, June 26, 2019 | 10:50
KCS head to attend WCO meeting
Korea Customs Service (KCS) Commissioner Kim Yung-moon will discuss effective measures to crack down on illegal trade with his international counterparts at the World Customs Organization (WCO) Council, the KCS said Tuesday.
| 2019-06-25 17:29
'Uncertainty growing over economy'
Bank of Korea Governor Lee Ju-yeol has become more downbeat about the future course of the Korean economy, citing growing uncertainty caused by the U.S.-China trade feud and the prolonged slump in the semiconductor industry.
| 2019-06-25 17:29
Swiss researchers win Shin Research Excellence Award
A team of researchers in Switzerland has won the 2019 Shin Research Excellence Award for illustrating the potential impact of the insurance industry on countering climate change, Kyobo Life Insurance said Monday.
| 2019-06-24 18:53
KB chairman values communication
KB Financial Group Chairman Yoon Jong-kyoo will continue boosting communication with lower-ranking employees, a process he considers vital to help integrate fresh perspectives for improving corporate agility, the group said Monday.
| 2019-06-24 18:52
Stock markets expected to see mild upturn
The Seoul financial market is expected to continue a moderate upward trend for a while on the back of a recent dovish turn from the U.S. Federal Reserve, market analysts said Friday. They also expect the Korean won to gain ground against the U.S. dollar. The won has been weakening against the greenback over the past few months due to economic slowdown and the Bank of Korea's ...
| 2019-06-23 16:13
Fintech growth poses 'limited threat to banks: Moody's
Commercial banks in Korea will be able to maintain their lead in online banking against budding fintechs which are more collaborators than competitors, Moody's Investors Service said Friday.
| 2019-06-21 17:32
K bank-Naver alliance
Models promote a new financial service launched jointly by Korea's largest portal Naver and internet-only bank K bank, June 21. The service will enable customers to open bank accounts, check balances and view cash transfer history via Naver Pay, a fintech subsidiary of Naver, without installing the bank's mobile app. Courtesy of K bank
| 2019-06-21 17:31
Shinhan Bank Deputy President Lee Myong-goo, left, and Korean Standard Association CEO Lee Sang-jin hold an “innovation award” given by the latter at a ceremony at Lotte Hotel Seoul, June 20. The bank won the award in recognition of its highly sophisticated Robotic Process Automation, an automated machine-learning software program that helps relieve workers of men...
| 2019-06-20 17:07
KEB Hana to foster young artists
KEB Hana Bank will help 30 promising young artists by financially supporting their overseas studies and exhibitions, it said Thursday. Under the program Korean Eye 2020 sponsored by the bank, art pieces of the 30 selected people will be on display at the lobby of the bank's headquarters in downtown Seoul until June 27.
| 2019-06-20 17:06
3 out of 10 firms failed to pay interest: BOK
Three out of 10 firms have failed to pay their loan interest in 2018, indicating that a growing number of Korean companies are feeling the pinch amid the economic downturn, the central bank said, Thursday. It expects the number will reach 40 percent if the ongoing U.S.-China trade feud escalates.
| 2019-06-20 17:06
Korean astronomers discover asteroid that could potentially hit Earth
All national short track speed skaters kicked out of training center over sexual harassment
Stars share secret 'idol water' recipe to fight facial bloating
Shinsegae goes after Coupang, Market Kurly in 'dawn delivery'
McDonald's Korea fined over unfair biz practice
US man guilty in slaying of visiting Chinese scholar
Institute offers help for English-speaking foreigners suffering mental problems
Hwang's claim debunked: Foreigners' treasury contribution hits $1.17 billion
Biegun to visit Seoul ahead of Trump
Hundreds of bullets found at construction site in Busan
Celebrating Korea-Czech relations
Daily life of Pyongyang
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