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Reporter : Anna J. Park
Mon, February 26, 2024 | 16:02
Seoul braces for greater market volatility amid Israel-Hamas war
The Korean government has made the necessary preparations to respond to any potential impacts caused by the ongoing military clashes between Israel and Hamas.
Entertainment stocks fluctuate over artists' contract statuses
The stock price of K-pop powerhouse YG Entertainment has been on a steep dive during the past two months, since its seven-year contract with superstar girl group BLACKPINK officially expired in early August.
Companies reluctant to issue bonds amid rising interest rates
Companies are turning to bank loans and asset sales to secure cash instead of issuing corporate bonds amid rising interest rates.
[INTERVIEW] Goodwater Capital co-founder Eric Kim shares insights and values in investment, life
Eric Kim is the co-founder and managing partner of Goodwater Capital, a multi-billion-dollar global venture capital firm based in Silicon Valley. Co-founded by Kim with Chi-Hua Chien in 2014, the venture capital firm has invested exclusively in consumer tech businesses with a clear mission-driven goal of empowering visionary entrepreneurs who can bring positive changes to the...
Triple whammy weighs heavily on Korean economy
The Korean economy is expected to undergo a highly uneven recovery as a toxic cocktail of rising inflation, high interest rates and a weakening Korean won are set to hamper growth in the second half of this year, according to analysts, Thursday.
Toss founder advises startups to 'think big' from public interest perspective
Lee Seung-gun, founder and CEO of Viva Republica, has advised fintech entrepreneurs to consider deeply how to provide benefits for the greater public, as innovation often comes from solving social problems.
Seoul to invest W5 tril. to become fintech powerhouse
Seoul Mayor Oh Se-hoon vowed Wednesday to inject a total of five trillion won ($3.7 billion) to foster fintech startups into unicorns and transform the capital into a global fintech powerhouse.
Value, consumer goods, financial stocks expected to gain momentum after Chuseok holiday
Korean stock markets have entered into a wait-and-see phase ahead of a long weekend starting Thursday. With the Chuseok holiday and the National Foundation Day on Oct. 3 combining this year to create the six-day-long holiday, the local stock market is closed from Sept. 28 until Oct. 3.
KDIC strengthens exchanges with US FDIC
The Korea Deposit Insurance Corporation (KDIC) and the Federal Deposit Insurance Corporation (FDIC) have agreed to enhance mutual cooperation and strengthen information sharing between the two organizations. The FDIC is a U.S. government corporation that supplies deposit insurance to depositors in American commercial banks and savings banks.
Seoul Fintech Week 2023 to be held from Oct. 4-6
The Seoul Metropolitan Government will host this year's Seoul Fintech Week from Oct. 4 to 6 at Dongdaemun Design Plaza (DDP) in Seoul.