Finance Minister Hong Nam-ki said Thursday the government will include spending at as many businesses as possible when calculating its planned card cash-back program, which is due to kick off in October.
The Seoul Woori Card Wibees beat the Ansan OK Savings Bank Rush & Cash 3-1 at Jangchung Arena in central Seoul on Wednesday, sweeping the second round of the playoff series 2-0 to earn a spot in the championship.
Police on Jeju Island investigating a massive theft of cash from a casino said Thursday they retrieved what appeared to be the bulk of the stolen money and are tracking down three suspects.
Major local companies are desperately raising and stashing away cash in case of emergency as there is currently no light at the end of the tunnel in the coronavirus pandemic.
The Covid-19 pandemic triggered a craze for contactless payments — one way of avoiding infection.
Not sure what to do with that handful of 100 won ($0.08) coins you received after buying a cup of coffee? Don't worry, the Bank of Korea wants to get rid of them for you.
Koreans returned about 28.2 billion won ($23.3 million) in relief grants — about 1 percent of the 2.8 trillion won the Moon Jae-in administration had...
Chaebols are in a rush to raise cash, with the goal of securing ammunition for possible merger and acquisition deals. or simply gearing up for economic uncertainties from the coronavirus pandemic.
Rhee Chang-yong, director of IMF Asia and Pacific Department, advised against relying on cash relief. The interview with the JoongAng Ilbo last week was read by 1.5 million online and drew over 5,000 comments, a rare heated response to a business...
The total borrowing by chaebol amounted to 89 trillion won as of the end of April, according to data provided by five major local banks Monday. This is an unprecedented amount, say analysts in the finance industry.