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Reporter : Lee Kyung-min
Thu, April 18, 2024 | 21:48
Bank of Japan's hawkish pivot won't affect Korean economy much, analysts say
The Bank of Japan's (BOJ) hawkish pivot could boost near-term growth for Korea's semiconductor, automobile and shipbuilding industries as they compete with their Japanese counterparts, experts said Wednesday.
Markets | 2024-03-20 16:38
Hana Financial to operate around-the-clock child care centers to help tackle Korea's low birthrate
Hana Financial Group allocated 30 billion won ($22 million) to operate 50 child care centers nationwide over the next five years, including three around-the-clock facilities, the group said Wednesday.
Markets | 2024-03-20 16:33
Will BOK expand forward guidance?
The case for the Bank of Korea implementing expanded forward guidance is strengthening, propelled by the growing need to forestall prolonged economic slowdown, a byproduct of sustained elevated interest rates. More specific forecasts from the central bank's rate-setting monetary board members can help limit market uncertainties.
Economy | 2024-03-19 16:46
Dividend payout ratio comparison between local and foreign banks inadequate: expert
Simply comparing dividend payout ratios between Korean financial groups and foreign banks operating in Korea is a common mistake in approach, an expert said Monday.
Markets | 2024-03-18 16:41
Rise in number of distressed corporate loans fans concerns
The financial soundness of the country’s leading commercial lenders is deteriorating, hobbled by climbing corporate loan insolvencies over the past year, data showed Sunday.
Markets | 2024-03-17 16:34
Hana Bank Daejeon branch offers cultural space spot for middle-aged citizens
Hana Bank opened Hana 50+ Culture Bank, a space dedicated to enriching cultural and educational experiences for middle-aged citizens in Daejeon, the bank said Sunday.
Companies | 2024-03-17 16:33
Banks close ATMs amid rise of open banking
The number and volume of cash transfers mediated by automated teller machines (ATMs) hit their lowest point in the last 19 years due to the increased use of online banking, data showed Wednesday.
Markets | 2024-03-14 08:33
Apple prices rise to record high, pulling up fresh food inflation
Apple prices have more than doubled over the past year, becoming a major culprit of inflation led by fresh food price hikes.
Economy | 2024-03-13 17:03
Hana Financial, KB Financial listed as 2023 CDP Honors Club members
Hana Financial Group and KB Financial Group made the 2023 members list of the Carbon Management Honors Club compiled by the Carbon Disclosure Project (CDP), the two said Tuesday. Hana made the list for the fourth consecutive year.
Markets | 2024-03-12 16:39
BOK becomes more vocal about socially divisive issues
The Bank of Korea (BOK) has undergone a notable shift in research priorities under the leadership of Governor Rhee Chang-yong, no longer hesitating to confront the decades-long challenges of extreme social disparity.
Economy | 2024-03-12 16:38
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