
Korean Air to Resume Flights in 19 Int'l Routes in June
May 07, 2020 21:30 pm UTC| Business
UNIQUENESS SCORE: 100% Korean Air will reopen 19 of its international routes next month due to signs that the coronavirus epidemic is waning. The resumption of flights on the said routes will prepare Korean Air for...

Applications for IPO 5 Times Higher in April according to Korea Exchange
May 07, 2020 21:30 pm UTC| Business
The Korea Exchange received 20 preliminary applications for initial public offerings in April, five times higher than in March. According to SK Securities analyst Lee So-joong, the sudden increase in applications was...

Virus-Sparked Pay Cuts Endured by 42% of S.Korean Workers
May 07, 2020 21:27 pm UTC| Business
UNIQUENESS SCORE: 100% Forty-two percent of South Korean workers took wage cuts as the coronavirus pandemic altered their working conditions, according to a survey by job search website, Incruit. The pay cuts came...

S. Korea to Double Interest Rates for New Loans to Virus-Hit Businesses
May 07, 2020 21:27 pm UTC| Business Economy
The Financial Services Commission (FSC) will double interest rates to 3 to 4 percent for the planned second wave of emergency loan program worth 10 trillion won. The loan is intended to support small businesses hampered...

Michael Nierenberg of Bear Stearns | Success Tips for Investment Managers
May 07, 2020 21:26 pm UTC| Business
As CEO of New Residential Investment Corp., Michael Nierenberg is known for his innovative views on investing. With a background that spans multiple notable companies in the United States, he is an investment manager with...

Uzbekistan to Help S. Korean Firms Seal Infrastructure Deals
May 07, 2020 21:24 pm UTC| Business
Uzbekistans Vice Prime Minister Sardor Umurzakov pledged government assistance to South Korean companies in sealing infrastructure projects in his country. Umurzakov, who handles governmental matters on investments and...

Online Financial Services to be Made 'Senior-Friendly'
May 07, 2020 00:42 am UTC| Business
South Koreas Financial Services Commission will set detailed guidelines for local banks in addressing difficulties by senior citizens when using mobile bank applications and their websites. The FSC will be assisting...