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Reporter : Anna J. Park
Fri, February 23, 2024 | 13:17
Hanssem CEO Eugene Kim becomes IMM PE's first female partner
IMM Private Equity's star player Eugene Kim, CEO at Hanssem since August, has become the private equity firm's first female partner, the company announced Friday.
[INTERVIEW] Reform, foreign talent crucial to revitalizing Korean economy: McKinsey
Korea will overtake France and Italy and ascend to the world’s top seven economies by 2040 with its per capita GDP exceeding $70,000 if the Asian country succeeds in overhauling its industrial structure and embraces more foreign talent, according to McKinsey & Company.
KDIC chief vows to strengthen crisis response monitoring
With the global economy's projected growth for next year slowing amid increased uncertainties, the Korea Deposit Insurance Corporation (KDIC) aims to bolster its crisis response monitoring system for the domestic financial sector, the agency's head said Friday.
Financial soundness of savings banks under scrutiny over rise in delinquency rates
The Financial Supervisory Service (FSS) has launched on-site inspections regarding the soundness of domestic savings banks, as many of them are showing signs of an increase in delinquency rates that are reaching worrying levels.
Naver Pay expands to 65 countries, regions with UnionPay partnership
Naver Pay's QR code payment has now become available at offline stores in 65 countries and regions around the world.
YG Entertainment's stock price soars over renewed contract with BLACKPINK
Ending a months-long downward trend, the stock price of YG Entertainment soared again by 25.63 percent in a single trading session on Wednesday over the firm's success in renewing its contract with BLACKPINK.
Real estate project financing poses biggest risk to Korean economy in 2024: S&P, NICE
Looming threats from both domestic and global real estate project financing are expected to be the greatest challenges facing the Korean economy next year, experts from credit rating agencies S&P Global Ratings and NICE Investors Service said Wednesday.
[INTERVIEW] Korea has great opportunity to lead green transition
Deloitte globally launched GreenSpace Tech, a climate technology ecosystem initiative, in January this year, aiming to facilitate decarbonization and sustainability through its extensive global network of climate technology specialists and innovators. Since its launch, it is now operating in 23 countries, including the U.S., U.K., Australia and Korea, providing robust solutio...
Financial authority puts 5-month suspension on NH Futures' foreign exchange operations
The Financial Services Commission (FSC), the country's top financial regulator, has confirmed a suspension of business for NH Futures' foreign exchange operations for just over five months, starting this week.
Demand for prime office buildings in Seoul to stay strong in 2024: Cushman & Wakefield
Despite the country's not-so-bright economic outlook for 2024, Seoul's prime office building market is expected to continue enjoying high demand next year, a global real estate firm said Tuesday.
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