BNK Busan Bank has become the first regional bank in South Korea to roll out a 24/7 AI voicebot counseling service. The system, introduced at the bank’s Busan headquarters, automatically …
With summer vacations driving more overseas travel, incidents of credit card theft and fraud have risen, prompting financial authorities to urge travelers to exercise extra caution when using cards abroad. …
The share of nationwide residential comprehensive real estate tax (CRET) paid by taxpayers in Seoul’s Gangnam, Seocho and Songpa districts reached 32.9% last year, marking the first time in five …
The International Monetary Fund (IMF) has modestly cut its global growth projection for 2024 while sharply raising its outlook for South Korea, reflecting divergent impacts from the Middle East conflict …
Key facts investors need on SK hynix’s ADR listing
The number of active businesses in South Korea stood at 10,321,407 at the end of last year, marking a 1.7% increase from 2023 and the smallest annual gain since 2005. …
Labor and management representatives continued negotiations on July 2 over next year’s minimum wage. The Minimum Wage Commission, composed of 27 members—nine each for labor, management and public interest—held its …
Starting July 1, banks in South Korea will be prohibited from fully passing certain statutory costs on to borrowers, a change expected to reduce loan rates by about 0.2 percentage …
AI memory gains lift SK Hynix above Samsung
Korean stocks rebound 8% as Huang’s chip call pays off
