43+ min ago   (955+ words) KB Financial Group's Chairman Candidate Recommendation Committee has rejected a second term for incumbent Chairman Yang Jong-hee—despite record-breaking performance—and recommended Lee Jae-keun, head of the holding company's business divisions, as the final candidate for next chairman. This marks…...

1+ hour ago   (550+ words) As inheritance disputes surge, South Korea's financial and legal sectors are racing to roll out related services. The country's five major commercial banks have launched or are preparing to debut more than ten new trust products this year alone, including…...

9+ hour, 17+ min ago   (210+ words) Regarding this, Lee expressed the view that "establishing a residence-centered housing market is a firm principle with clear direction." Under the original plan announced on the 3rd of last month, next year's calculated tax would have reached ₩15.365 million. However, as the…...

9+ hour, 15+ min ago   (959+ words) Seoul Mayor Oh Se-hoon on the 13th called for a full-scale review of the government's real estate policy, noting that Seoul apartment prices have risen for 86 consecutive weeks, breaking the all-time record. He pointed out that the cumulative increase in Seoul…...

17+ hour, 17+ min ago   (408+ words) Private equity firm Yunjin Partners' acquisition of KOSDAQ-listed DSK has been stalled for over a year. The 66.6 billion won balance payment scheduled for the 9th fell through once again, and this time no extension agreement was reached with the seller, putting…...

4+ hour, 15+ min ago   (233+ words) Samsung Electronics (005930.KS) is recruiting classes for the fall semester of its AI experience education program, which uses Galaxy devices to teach upper elementary and middle school students in South Korea. Applications open on the 14th via Samsung.com. The program…...

11+ hour, 17+ min ago   (437+ words) South Korea's Financial Services Commission (FSC) will accept regular applications for the third-quarter designation of Innovative Financial Services from July 14 through July 30 at 6 p.m. Companies seeking designation can submit their applications through the Financial Regulatory Sandbox website. Submitted applications will be…...

13+ hour, 47+ min ago   (224+ words) NTS Commissioner Lim Kwang-hyun announced the launch of this service through his social media on the 13th. According to the NTS's internal analysis, approximately 5,700 taxpayers would benefit from applying for the special provision this year, while about 2,900 taxpayers would be better…...

2+ day, 9+ hour ago   (578+ words) The Bank of Korea and the Korean Statistical Society co-hosted a forum on September 11 at the Bank of Korea's annex building in Seoul to discuss strategies for maintaining the reliability of economic statistics amid the rapid advancement of AI and…...

2+ day, 17+ hour ago   (349+ words) Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol presided over a meeting of economy-related ministers and structural reform ministers at the Government Complex Seoul on the morning of the 10th, discussing four agenda items including "Measures to Address…...