At the end of last year, the loan balance of insurance companies increased, and the household loan arrears rate also rose. According to the 'status of loans receivable from insurance companies at the end of December 2024' announced by the Financial Supervisory Service on the 30th, the total loan rec...
The financial authorities are providing support to expand generative artificial intelligence (AI) services in the financial sector. The Financial Services Commission noted on the 30th that as a follow-up to the support measures for generative AI utilization in the financial sector announced at the e...
Woori Financial said on the 30th that it will operate donation boxes at automated teller machine (ATM) corners nationwide so that items can be donated conveniently anytime, 365 days a year. Woori Financial Group's Woori Financial Future Foundation installed a donation box called 'Goodwill Donation B...
Hana Bank announced on the 30th that it has launched the 'Military Officer Jeonse Loan', which allows military officers to apply for a loan non-face-to-face to support their stable housing. The 'Military Officer Jeonse Loan' is a mobile-exclusive jeonse fund loan product that supports rental deposit...
Jin Ok-dong, chairman of Shinhan Financial Group, said in a letter to shareholders, "Based on a profound reflection on last year’s securities exchange-traded fund (ETF) liquidity provider (LP) incident, we are identifying issues within our internal control system and vigorously implementing improvem...
The New York Stock Exchange started the last transaction day of March's fourth week with a sharp decline. Concerns over the impact of tariffs, coupled with disappointment regarding new indicators, weighed down the market once again. As the key price index monitored by the Federal Reserve Bank (Fed) ...
A magnitude 7.7 earthquake in central Myanmar caused extensive damage, with numerous buildings collapsed in Myanmar as well as neighboring Thailand. According to the European Mediterranean Seismological Centre (EMSC) and the United States Geological Survey (USGS), the earthquake struck around 12:50 ...
This year, among the students enrolled in the Yonsei University College of Medicine for the first semester, only one student has not registered. Choi Jae-young, the dean of Yonsei University's medical school, noted in a notice sent to professors on the 28th, "Despite the concerns of many professors,...
Woo Won-sik, the Speaker of the National Assembly from the Democratic Party of Korea, has taken a hardline approach to pressure the nomination of constitutional judge candidate Ma Eun-hyuk. He submitted a petition to the Constitutional Court requesting temporary appointment of Ma as a judge, and als...
The police will take charge of the investigation into the large wildfire that occurred in North Gyeongsang Province. The North Gyeongsang Provincial Police Agency's Criminal Investigation Unit announced on the 28th that it plans to soon interrogate a man in his 50s, identified as A, who is suspected...
