Day: July 3, 2024

FSS chief calls for innovation in securities firms

The head of the financial regulator on Wednesday urged securities firms to change the way they do business, as well as where they invest, stressing the need for innovation to ensure growth.

Lee Bok-hyun, chief of the Financial Supervisory Service (F…

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(EDITORIAL from Korea Herald on July 3)

Disputes are heating up in South Korea over whether the Yoon Suk Yeol administration should go ahead with its controversial tax-reduction initiatives even though revenue is forecast to decline this year as a result of sluggish corporate earnings.

Th…

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(EDITORIAL from Korea Times on July 3)

Successful listing is boon for bid to become IP powerhouse

Naver’s webcomic subsidiary, Webtoon Entertainment, made a successful debut on the Nasdaq. Boosted by strong demand from institutional investors, the company concluded its first trading sess…

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(EDITORIAL from Korea JoongAng Daily on July 3)

The Democratic Party (DP) has crossed the line again. The majority party on Tuesday submitted a motion to impeach four prosecutors who investigated suspicious cases involving former DP leader Lee Jae-myung or the party. Two of the four prosecutors lo…

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