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![[Weekender] Chuseok traditions go contactless](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/09/17/20200917000616_0.jpg)
[Weekender] Chuseok traditions go contactlessCultureSept 19, 2020Now, with the government asking people to refrain from long-distance travel in an effort to rein in the new coronavirus, those who are not fans of the holiday are likely to take full advantage of the... -
KB Financial chief vows to boost shares via strong portfolioMoneySept 17, 2020KB Financial Group Chairman Yoon Jong-kyoo, who is likely to keep his role for another three-year term, pledged Thursday to boost the firm’s shares with a strong and versatile portfolio. “As you can... -
KB Financial chief Yoon Jong-kyoo likely to serve 3rd termMoneySept 16, 2020KB Financial Group Chairman Yoon Jong-kyoo should keep his seat for a third term, the banking group’s outside directors decided Wednesday, bolstered by his bold moves in expansion of nonbanking busin... -
Gyeonggi chief’s loan relief suggestion prompts criticism from banking sectorEconomySept 15, 2020Gyeonggi Province Gov. Lee Jae-myung’s idea for a government loan relief program -- in which the state would forgive and pay off interest on loans for those in the low income bracket -- was met with ... -
![[Decoding Shareholders] Is Shinhan breaking ties with Korean-Japanese shareholders?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/09/13/20200913000015_0.jpg)
[Decoding Shareholders] Is Shinhan breaking ties with Korean-Japanese shareholders?MoneySept 13, 2020In 2010, former Shinhan Financial Group Chairman Ra Eung-chan stepped down after a group of Korean Japanese shareholders signed a petition demanding the resignations of three top executives, includin... -
S. Korea to focus on digital infrastructure investment, ‘Data Dam’ project: ministerEconomySept 11, 2020South Korea will focus on investing in digital infrastructure, including its Data Dam project, to combat future risks stemming from the coronavirus pandemic, the nation’s finance minister said Friday... -
Standard Chartered CEO mentors university students in S. KoreaMoneySept 10, 2020London-based Standard Chartered Bank CEO Bill Winters mentored Korean university students seeking careers in finance in an contact-free manner as part of his monthlong visit to the country, the lende... -
TVXQ’s Yunho stars in Shinhan’s campaign for millennialsMoneySept 9, 2020K-pop duo TVXQ’s Yunho was featured in a promotional video for Shinhan Financial Group’s campaign promoting healthy lifestyles for millennials, launched Wednesday. Participants in the three-month so... -
S. Korea loses 274,000 jobs in AugustEconomySept 9, 2020South Korea lost 274,000 jobs last month, continuing the downward trend for a sixth consecutive month -- the longest period since the aftermath of the 2008 global financial crisis -- data showed Wedn... -
BOK to buy up to W5tr in state bonds to combat market uncertaintiesEconomySept 8, 2020South Korea’s central bank announced Tuesday that it plans to directly purchase state bonds worth some 5 trillion won ($4.2 billion) by the end of this year to combat uncertainties stemming from the ... -
S. Korea’s welfare spending to grow W40tr by 2024EconomySept 7, 2020South Korea’s mandatory spending on welfare is projected to increase 40 trillion won ($33.6 billion) by 2024, amid growing concerns of the coronavirus pandemic and heavier tax burdens, a government b... -
Localization, dividends to remain hurdles for Standard Chartered Korea CEO’s 3rd termMoneySept 6, 2020Standard Chartered Bank Korea’s incumbent CEO Park Jong-bok was recently reappointed for a third term, but the weight on his shoulders is likely to remain heavy over the lender’s localization and div... -
Idle money in S. Korea surpasses W1,200tr markEconomySept 6, 2020The volume of short-term floating capital in South Korea surpassed the 1,200 trillion won ($900 billion) mark, as the government seeks to funnel the liquidity into a 20 trillion fund tied to the Kore... -
Easy recovery of Korea’s manufacturing unlikely: BOKEconomySept 3, 2020It might take longer than expected for South Korea’s manufacturing productivity to rebound to pre-pandemic levels, even if exports recover, the central bank said Thursday. “It has been found that a ... -
S. Korea needs to adopt Germany’s debt limit rules: think tankEconomySept 2, 2020In light of growing concerns about the nation’s fiscal soundness amid the coronavirus pandemic, South Korea should take a leaf from Germany’s debt-brake law to stabilize its debt ratio, a think tank ...
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