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US regards Korea's defense cost-sharing as a 'powerful investment' in alliance

A U.S. State Department spokesperson said Thursday that Seoul's financial contributions to the stationing of U.S. Forces Korea (USFK) represent a 'powerful investment' in the bilateral alliance and more than 90 percent of them are spent in Korea's economy.

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Korea Exchange to support corporate governance efforts, chairman says

South Korea's stock bourse
will establish a team dedicated to improving corporate
governance and step up market monitoring efforts against illegal
short selling, its chairman said on Thursday.
...
-February 15, 2024 at 01:35 am EST
- MarketScreener

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New Korea Exchange CEO vows to offer tailored services for listed firms to enhance value

Jeong Eun-bo, the new CEO of the Korea Exchange (KRX) said Thursday, that he will offer tailor-made services for firms listed on the three KRX-operated bourses — the KOSPI, the Kosdaq and KONEX — in line with the government’s efforts to boost undervalued stocks.

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Incoming bourse operator chief fuels optimism in countering Korea discount

Jeong Eun-bo, the incoming chief of the country’s sole bourse operator Korea Exchange (KRX), is drawing attention for his decades of financial expertise on the government’s path to boost the prices of undervalued stocks.

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Trump win likely to pose enormous defense costs, diplomatic challenges to Korea

With Donald Trump cruising to a rematch with United States President Joe Biden in the presidential election in November, the world, including South Korea, is preparing for a possible second Trump presidency, which is anticipated to force many countries to recalibrate their diplomatic strategies.

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US, Korea to work closely to prepare for talks on next defense cost-sharing deal: State Dept.

The United States will work closely with Korea to prepare for talks on the allies' next defense-cost sharing deal, a State Department spokesperson said Wednesday, noting no decisions have been made on any specifics yet.

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Banking group leaders mentioned as KFB chief candidates

CEOs of the country’s major banking groups, both active and retired, are drawing attention as potential candidates to next lead the Korea Federation of Banks (KFB), a lobby group representing lenders, according to industry sources, Tuesday.

South-korea , Tokyo , Japan , Korea , Ceos-cho-yong-byoung , Masahiko-kato , Kim-kwang-soo , Yoon-jong-kyoo , Jeong-eun-bo , Cho-yong-byoung , Financial-supervisory-service , Korea-federation-of-banks

U.S.-South Korea Burden-Sharing Talk Remain Stuck. Here's How to Fix It.

Contrary to recent South Korean media reports, negotiations seeking a military cost-sharing agreement between Washington and Seoul remain deadlocked. The festering dispute risks straining the important U.S.–South Korean alliance and sets a negative precedent for similar negotiations with Japan later this year. At the heart of the dispute is President Trump’s demand for an exorbitant increase in allied contributions for the cost of stationing U.S. forces overseas.

North-korea , Seoul , Soult-ukpyolsi , South-korea , United-states , Washington , Japan , American , South-korean , North-korean , America , Robert-abrams

IBK set to appoint internal figure as next leader

The Industrial Bank of Korea (IBK) is set to appoint a new leader from within its ranks rather than parachuting in an outside figure, amid growing criticism over the government's long-held custom of nominating bureaucrats for the position. According to sources from the financial industry here, IBK Deputy CEO Kim Seong-tae is widely expected to replace outgoing CEO Yoon Jong-won when his term ends on Jan. 2.

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