July 30, 2025

코리아헤럴드

Finance

New finance chief to visit US for urgent tariff talks

Finance Minister Koo Yun-cheol delivers a speech at an inauguration ceremony at the government complex in Sejong on Monday. (Yonhap) Seasoned bureaucrat Koo Yun-cheol was inaugurated as South Korea’s Deputy Prime Minister and Finance Minister on Monday, ending a three-month leadership vacuum at the ministry tasked with resolving US tariff talks, accelerating tax reforms and

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Finance

Finance CEOs cash in as stocks soar on value drive

Responsible buybacks deliver windfall for executives amid banking rally From left: Hana Financial Group CEO Ham Young-joo, KB Financial Group CEO Yang Jong-hee, Shinhan Financial Group CEO Jin Ok-dong and Woori Financial Group CEO Yim Jong-yong (Pictures courtesy of the respective companies) As Korean financial stocks rally on the back of value enhancement drives, top

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Investment

Why early investment is on rise among young S. Koreans

“Imjang” class participants, led by Instagram influencer Aptrashu, walk together to inspect properties in Ahyeon-dong, Mapo-gu, Seoul. (Aptrashu) Workers in 20s, 30s feel more uncertain than ever — some say, ‘no hope on my salary’ Twenty-eight-year-old Kim goes on a five-hour trip to Ulsan, or any other region, as soon as she gets off work

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Banking

Four major banking groups post record Q1 earnings

ATMs of South Korea’s four major commercial banks are lined up on a street in Seoul on Sunday. (Yonhap) South Korea’s four largest banking groups reported record-high combined earnings in the first quarter, approaching 5 trillion won ($3.48 billion) despite a broader economic slowdown and declining interest rates. Shinhan Financial Group on Friday posted a

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Finance

South Korea-US tariff talks ease uncertainty, open path for orderly consultation: finance chief

South Korea’s Finance Minister Choi Sang-mok (second from left), Trade Minister Ahn Duk-geun (left), US Treasury Secretary Scott Bessent (third from left) and US Trade Representative Jamieson Greer (right) pose for a photo prior to their trade talks in Washington, DC, on Thursday. (Ministry of Economy and Finance) South Korea’s Finance Minister Choi Sang-mok said

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