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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Companies

Tue, May 30, 2023 | 19:43

Hana awards talented artists with developmental disabilities

Hana awards talented artists with developmental disabilities

Hana Financial Group awarded the winners of the Hana Artverse, an art contest for artists with developmental disabilities, on Thursday, which is Disabled Persons' Day here in Korea.

Yoon Ja-young | 2023-04-20 16:10

Listed firms' dividends dip 7.1% in 2022

Listed firms' dividends dip 7.1% in 2022

Korean listed firms' dividend payouts fell 7.1 percent in 2022 from a year earlier amid rate hikes and other unfavorable business conditions, the bourse operator said Wednesday.

2023-04-19 17:10

KakaoBank joins NATO-led global cyber defense exercise

KakaoBank joins NATO-led global cyber defense exercise

KakaoBank has participated in Locked Shields 2023, the world's largest annual cyber defense exercise, as part of a unified team Korea, the internet-only bank announced on Wednesday. The NATO Cooperative Cyber Defense Center of Excellence (CCDCOE) is hosting the ...

Anna J. Park | 2023-04-19 16:27

SC Bank Korea begins event offering high-interest returns

SC Bank Korea begins event offering high-interest returns

Standard Chartered (SC) Bank Korea has launched an event offering high-interest returns to new customers who subscribe to the “Jaeil EZ Account” through the end of May. The Seoul-based lender offers up to a 3.6 percent per annum interest rate on a pre-tax basis for the checking-account product even if account holders deposit funds for just a single day.

2023-04-19 15:54

KakaoBank plans foray into Southeast Asian markets

KakaoBank plans foray into Southeast Asian markets

KakaoBank plans to advance into the Southeast Asian region within the next few years, as talks are currently ongoing with potential partners in the target countries.

Anna J. Park | 2023-04-18 16:47

Physical connectivity key for Korean financial firms to make global leap forward

Physical connectivity key for Korean financial firms to make global leap forward

Most Korean financial firms are still globally disconnected, as few of them attempt to take on challenging and innovative tasks due to the country's outdated network separation rules, a renowned digital expert said in a recent interview with The Korea Times.

Lee Min-hyung | 2023-04-15 09:00

Sovereign fund KIC holds 2nd Silicon Valley Int'l Financial Cooperation Council

Sovereign fund KIC holds 2nd Silicon Valley Int'l Financial Cooperation Council

In a move to strengthen networks with venture capitalists and startups in the U.S., the Korea Investment Corp. (KIC) hosted the second installment of the Silicon Valley International Financial Cooperation Council on Thursday afternoon, local time, at its San Francisco office in Menlo Park, California. About 30 participants, including venture capitalists, asset managers, offic...

Anna J. Park | 2023-04-14 14:07

KB signs MOU with law firms to bolster legal support for wealthy customers

KB signs MOU with law firms to bolster legal support for wealthy customers

KB Financial Group signed an MOU with two of the country's leading law firms - Shin & Kim and Bae, Kim & Lee - to bolster its legal consulting service for its wealthy customers.

Yoon Ja-young | 2023-04-13 16:45

Regulator to restrict banks from shutting down branches

Regulator to restrict banks from shutting down branches

The Financial Service Commission (FSC) has announced that banks are no longer allowed to shut down their branches without first preparing measures to alternatively offer the same level of service to customers. Additionally, banks should collect feedback from customers during the closure process to ensure their needs are being met. The new restrictions will take effect from ne...

Lee Yeon-woo | 2023-04-13 16:33

Former TikTok general manager becomes Toss Securities CEO

Former TikTok general manager becomes Toss Securities CEO

It is extremely rare to see a non-financial expert lead a local brokerage firm as CEO in Korea. But Kim Seung-yeon, the new CEO at Toss Securities since early April, is breaking the stereotypical mold. Kim, 42, has built an extensive career at global IT firms, including TikTok and Google, during the past 15 years.

Anna J. Park | 2023-04-13 09:00

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