The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
Wed, August 17, 2022 | 08:17
KakaoBank employees at loss over employee stock ownership plan
KakaoBank employees at loss over employee stock ownership plan
KakaoBank's stock price rose by 4.78 percent, ending at 32,900 won ($25) on Thursday's trading session, following the previous day's solid first-half earnings report. The digital bank raked in a record-high net profit of 123.9 billion won in the first half, which is a 6.8 percent year-on-year increase. Despite enjoying a stock price high since late June, employees of the inte...
Anna J. Park | 2022-08-04 17:21
KB Kookmin Bank faces lawsuit over peak wage system dispute
KB Kookmin Bank faces lawsuit over peak wage system dispute
The union of KB Kookmin Bank said Thursday that it filed a lawsuit calling for management to pay employees the amount of salary that was cut due to a disputed peak wage system. Adopted by numerous businesses, the system put a ceiling on wages and gradually cut the annual salaries of senior-level workers several years before retirement after their pay reached what's deemed as ...
Yi Whan-woo | 2022-08-04 16:18
Hana Securities forms strategic partnership with Vietnam's BIDV Securities
Hana Securities forms strategic partnership with Vietnam's BIDV Securities
Hana Securities has signed a strategic cooperation agreement with BIDV Securities Company (BSC), a Vietnamese brokerage firm, aiming to consolidate its foothold for further expansion in the Southeast Asian country. According to Hana Securities, the company chief, Lee Eun-hyung, who's also Hana Financial Group's co-vice chairman, signed the cooperative MOU with the Vietnamese ...
Anna J. Park | 2022-08-04 16:12
Yoon gov't urged to allow conglomerates to enter biz sectors designated for SMEs
Yoon gov't urged to allow conglomerates to enter biz sectors designated for SMEs
The Yoon Suk-yeol administration is being urged to scrap a longstanding, over-decade-old policy aimed at holding back conglomerates from entering businesses exclusively designated for small and medium-sized enterprises (SMEs), by a state-run think tank in a recent report. Introduced in 2011, the policy was intended to protect SMEs from larger businesses and help them enhance ...
Yi Whan-woo | 2022-08-04 16:01
Korea to unveil inflation-combating measures ahead of Chuseok holiday
Korea to unveil inflation-combating measures ahead of Chuseok holiday
Korea plans to roll out additional measures to tame inflation ahead of the Chuseok fall harvest holiday set for September, government officials said Thursday.
2022-08-04 14:53
Discarded currency down 14.1% in H1 amid increase in non-cash payments
Discarded currency down 14.1% in H1 amid increase in non-cash payments
The amount of bills and coins discarded due to severe damage shrank 14.1 percent on-year in the first half amid increased prevalence of non-cash transactions, data showed Thursday.
2022-08-04 13:50
Pelosi's Taiwan visit pushes Korean confectionery shares to soar
Pelosi's Taiwan visit pushes Korean confectionery shares to soar
U.S. House Speaker Nancy Pelosi's visit to Taiwan is having an unexpected positive effect on Korean confectionary companies. Their stock prices rose steeply on Wednesday on reports that China banned importation of Taiwanese food items on the eve of the contentious visit.
Yoon Ja-young | 2022-08-04 09:00
Gen MZ financial relief programs stir up fairness debate
Gen MZ financial relief programs stir up fairness debate
Financial relief programs for those in their 20s and 30s who struggle with loan repayments have stirred up debates about equity and fairness among older people, who also have trouble paying off loans but are excluded from receiving the financial benefits due to their age. The programs are run by the government and private banks, in line with President Yoon Suk-yeol's push to ...
Yi Whan-woo | 2022-08-03 16:29
Major bank executives receive hefty bonuses
Major bank executives receive hefty bonuses
Executives of the country's four major banks - KB Kookmin, Shinhan, Hana and Woori - received bonuses worth 108.3 billion won ($82.6 million) between 2020 and May this year, data showed Wednesday.The banks already face growing criticism for reaping hefty profits over hikes on the key interest rate, while low-income borrowers are struggling to repay their debts.
Yi Whan-woo | 2022-08-03 16:29
Foreign reserves grow for 1st time in 5 months in July
Foreign reserves grow for 1st time in 5 months in July
Korea's foreign reserves increased for the first time in five months in July, thanks to increased operation profits and expanded deposits in foreign currency, central bank data showed Wednesday.
2022-08-03 10:32
123456 7 8910
Top 10 Stories
  • Korean builders desperate for foreign construction workers
  • Western, traditional Korean medicine doctors clash over terminology
  • 2 Buddhist monks assault solo protester
  • Korea grapples with excess rice
  • Ruling party chief accuses president of verbal abuse
  • Gates calls on Korea to play greater role in fight against COVID-19 pandemic
  • Instructors furious over scaling down of gugak in music teacher education
  • Do Kwon says he will cooperate with investigation
  • Concerns grow over Korea's pension fund
  • HiteJinro headquarters occupied by unionized cargo truckers
DARKROOM
  • Ice is melting, land is burning

    Ice is melting, land is burning

  • Tottenham 6-3 Team K League

    Tottenham 6-3 Team K League

  • 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

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group