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Mon, September 25, 2023 | 01:22
Korean insurers turn to ASEAN amid low birthrates
Korean insurers turn to ASEAN amid low birthrates
As Korea's birthrate hits a record low, local insurance companies are increasingly expanding their operations overseas. Among the targeted regions, the Southeast Asian market - characterized by a high percentage of young people and rapid economic growth - is emerging as a "blue ocean" for these firms.
2023-09-21 16:17
Stock price manipulators' accounts to be frozen
Stock price manipulators' accounts to be frozen
Financial authorities say they will tighten their grip on unfair transactions following a recent stock manipulation scheme that caused the share prices of nine companies to plummet without any clear reason.
2023-09-21 15:30
Gov't seeks to boost greenhouse gas emission trading by introducing exchange-traded funds
Gov't seeks to boost greenhouse gas emission trading by introducing exchange-traded funds
The government plans to permit the sale of exchange-traded funds tracking the greenhouse gas emission trading market beginning next year as part of efforts to activate the country's sluggish emission trading, officials said Wednesday.
2023-09-20 17:04
Pet insurance contracts grow by 22% in 1st half
Pet insurance contracts grow by 22% in 1st half
With the increase in pet ownership and pet insurance products in the country, the number of pet insurance policy contracts rose significantly during the first half of this year.
Anna J. Park | 2023-09-20 15:58
$98.4 bil. worth of overseas crypto assets reported to tax agency
$98.4 bil. worth of overseas crypto assets reported to tax agency
Korea's tax agency said Wednesday the amount of overseas cryptocurrency assets declared this year came to 131 trillion won ($98.4 billion), following the mandatory reporting requirement introduced this year.
2023-09-20 13:45
Financial regulator in dilemma over making ESG disclosures mandatory
Financial regulator in dilemma over making ESG disclosures mandatory
Financial authorities are gearing up to require companies with over 2 trillion won ($1.5 billion) in assets to submit sustainability reports starting in 2025. However, such efforts are making slow progress as companies are now urging the regulators to extend the period, citing a lack of clear guidelines and costs.
Lee Yeon-woo | 2023-09-19 16:37
Gov't scrambles to increase housing supply amid looming shortage
Gov't scrambles to increase housing supply amid looming shortage
The government appears to be scrambling to come up with measures for increasing the housing supply as concerns are growing that the nation may face a shortage of homes within a few years due to a drop in the number of housing projects amid high interest rates and rising construction costs, according to industry officials, Tuesday.
Ko Dong-hwan | 2023-09-12 15:45
Foreigners turn net sellers of Korean stocks in August
Foreigners turn net sellers of Korean stocks in August
Foreign investors turned net sellers of Korean stocks in August amid woes over a slowdown in the Chinese economy, central bank data showed Tuesday.
2023-09-12 14:00
Retail investors flock to bond investments
Retail investors flock to bond investments
Retail investors have been flocking to the bond market throughout this year, resulting in an all-time high in bond purchases.
Anna J. Park | 2023-09-11 16:51
Doosan Robotics' upcoming IPO draws positive market responses
Doosan Robotics' upcoming IPO draws positive market responses
Robotic arm models developed by Doosan Robotics / Courtesy of Doosan RoboticsBy Anna J. ParkThe upcoming IPO of Doosan Robotics, the largest public offering candidate for the Korean stock market this year, is facing a buoyed market response over the news that it kicked off a week-long book-building process, Monday. The market's excitement is also evidenced in the surge of the...
Anna J. Park | 2023-09-11 15:54
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1Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation
2Samsung, SK relieved by revised chip restrictions on China Samsung, SK relieved by revised chip restrictions on China
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4Mirae Asset Global Investments' AUM reaches $219 bil. Mirae Asset Global Investments' AUM reaches $219 bil.
5Seoul, Beijing try to mend fences as Russia and N. Korea grow closerSeoul, Beijing try to mend fences as Russia and N. Korea grow closer
6JTI Korea joins Jongno clean-up JTI Korea joins Jongno clean-up
7S. Korea to stage massive military parade as tensions with North remain highS. Korea to stage massive military parade as tensions with North remain high
8Patients, doctors at loggerheads as operating room CCTV footage made mandatoryPatients, doctors at loggerheads as operating room CCTV footage made mandatory
9CKD Kochon Foundation awards Ukraine health authorities for treating tuberculosis patients amid raging war CKD Kochon Foundation awards Ukraine health authorities for treating tuberculosis patients amid raging war
10Low growth becomes new normal for Korean economy Low growth becomes new normal for Korean economy
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