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The Korea Exchange (KRX) has been hosting a range of seminars for firms since early April as a follow-up project to the government’s Corporate Value-up Program aimed at boosting undervalued stocks. ....
Financial Supervisory Service faces leadership vacuum amid economic uncertainty Posted : 2021-05-07 15:27 Updated : 2021-05-07 15:32 Financial Supervisory Service Governor Yoon Suk-heun, center, answers questions from reporters in Seoul on March 30. Yonhap By Lee Min-hyung The Financial Supervisory Service (FSS) is facing a leadership vacuum as Governor Yoon Suk-heun ends his three-year tenure on Friday. It remains unclear who will replace Yoon as Cheong Wa Dae is still mulling a possibly large-scale reshuffle of its economic team. Finance Minister Hong Nam-ki is taking on a dual role as the leader of the Ministry of Economy and Finance and acting prime minister. There is a chance that the presidential office will reshuffle the head of the financial watchdog around the end of this month when Prime Minister nominee Kim Boo-kyum takes office. ....
South Korea and US Reach Agreement on Defense Cost Sharing Seoul and Washington finally agreed on how to split the bill for the U.S. troops stationed in South Korea, but have not revealed details. March 08, 2021 Republic of Korea Chairman of the Joint Chiefs of Staff Gen. Jeong Kyeong-doo and Gen. Vincent K. Brooks, Combined Forces Command, United States Forces Command and United Nations Command, and Gen. Kim Byeong-joo, CFC deputy commander, render the appropriate honors during a ceremony at United States Army Garrison Yongsan, Sept. 26, 2017. Credit: U.S. Army photo by Staff Sgt. Eliverto Larios Advertisement After a three-day negotiation in Washington, South Korea and the United States have finally concluded their Special Measures Agreement (SMA) talks, according to a statement by South Korea’s Foreign Ministry on March 8. The SMA negotiations – which cover South Korea’s contribution to the cost of U.S. Forces Korea (USF ....