Korea Joongang Daily
Korea JoongAng Daily

Korea's finance minister meets with FTSE Russell chief

Korea's Finance Minister Choi Sang-mok met with the chief of FTSE Russell on Thursday and agreed to boost cooperation on the further progress of the country's capital and financial markets, the Finance Ministry said.

2024-10-31

Finance minister calls for preparations amid U.S. election, Middle East turmoil

Finance Minister Choi Sang-mok called for thorough preparations to weather uncertainties abroad, such as the U.S. presidential election and escalating tension in the Middle East.

2024-10-17

Finance minister, BOK chief call for structural reforms to spark growth in first-ever visit

Minister of Economy and Finance Choi Sang-mok and Bank of Korea Gov. Rhee Chang-yong called for structural reforms to address the country’s slowing economic growth on Monday.

2024-09-30

Gov't to push for increased investment to counteract weak domestic demand

The Ministry of Finance will hold meetings with the private sector and corporate organizations to promote investment amid a weak recovery in domestic demand.

2024-09-12

Korean, Japanese financial regulators to collaborate on market volatility

The heads of the Korean and Japanese financial regulators have agreed to boost their cooperation to deal with growing uncertainties in the global financial marke

2024-09-04

Finance Ministry to reduce $24B of debt incurred by 14 public companies

The Finance Ministry said Monday it will push to reduce 32.1 trillion won ($24.01 billion) of debt incurred by 14 financially troubled public companies combined by 2026 through asset sales and organization restructuring.

2024-09-02

Where are our true guardians of public funds?

i hope to see a Korean among those who truly guarded public funds by identifying disastrous populist policies.

2024-07-10

Gov't to devise housing supply measures amid growing volatility

Finance Minister Choi Sang-mok said Wednesday that the government will devise measures to increase housing supply if needed amid growing volatility in the real estate market.

2024-07-10

Stock earnings tax proposal needs 'review from zero,' FSS says

The head of Korea's financial regulator and the CEOs of domestic brokerages struck a cautious note regarding a planned capital gains tax on stocks in a meeting Wednesday.

2024-07-03

Won-USD exchange market hours will extend to 2 a.m. next month

The won-dollar exchange market trading hours will be extended to 2 a.m. starting July 1, allowing investors in overseas stocks to trade at market rates late into the night.

2024-06-17