Kakao Corp. is entering the over-the-top (OTT) streaming market. According to investment banking sources on May 27, Kakao’s entertainment and media unit
London view (Source: Getty Images Bank) Samsung Life Insurance Co. has agreed to buy a 25% stake in Savills Investment Management (Savills IM) for £63.75
Bank of Korea governor flags rate hike as economy improves
His most hawkish comment since the pandemic outbreak signals possible tightening
Ik-Hwan Kim 5 HOURS AGO
BOK Gov. Lee Ju-yeol speaks at a press conference after the central bank stands pat on rates.
South Korea’s central bank governor on Thursday flagged a possible policy rate hike before the end of the year as the domestic economy recovers at a faster pace and financial risks from massive household debt mount.
In his most hawkish comment since the start of the COVID-19 pandemic last year, Bank of Korea Gov. Lee Ju-yeol said the central bank should not hurry in monetary tightening, but at the same time “must not miss the right time to do so.”
The recent announcement by President Moon Jae-in that South Korea will stop funding coal-powered plants overseas and expand its decision to phase out coal &ldqu
Metaverse makes digital nomads the new norm
Virtual offices emerge as new trend amid metaverse boom; removing the barrier of time and space
Shim Sung-mi and Koo Eun-seo 3 HOURS AGO
It’s been about four months since Lee Seul, a manager at real-estate app Zigbang, worked from the company office located in Gangnam, one of South Korea s major business districts. Instead of being surrounded by towering skyscrapers and traffic congestion, Lee is accompanied by the sound of waves and sea breeze as she gets ready for work. Lee is enjoying her one-week stay in Jeju, a Korean island about 280 miles away from her workplace.