Rhee Jang-han
Scope
Date
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Economy
BOK's rate policy back to square one after GDP, Fed comments
TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...
May 03, 2024 (Gmt+09:00)
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Electronics
With AI tech, Samsung Electronics on par with Apple: Han Jong-hee
MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...
Apr 17, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Samsung Elec vies for Johnson Controls' HVAC units
Samsung Electronics Co. has joined the race to buy Johnson Controls International’s heating, ventilation and air conditioning (HVAC) assets wo...
Mar 25, 2024 (Gmt+09:00)
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Central bank
Gov Rhee Chang-yong turning BOK into dynamic central bank
Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...
Dec 24, 2023 (Gmt+09:00)
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Central bank
BOK governor named chair of BIS financial system committee
Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Int...
Nov 15, 2023 (Gmt+09:00)
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Korean food
KGC hawks red ginseng at top US expo for health functional food
Jung Kwan Jang, the flagship brand of Korea Ginseng Corp. (KGC), has been featured at North America’s leading expo for raw ingredients of heal...
Oct 27, 2023 (Gmt+09:00)
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Economy
BOK chief says aging without assets key challenge to S.Koreans
JEJU -- South Korea’s central bank chief on Friday warned of the growing risk of aging without assets in Asia’s fourth-largest economy a...
Jul 14, 2023 (Gmt+09:00)
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Central bank
BOK keeps door open for another rate hike on Fed, debts
South Korea’s central bank on Thursday kept the door open for another interest rate hike after leaving the policy borrowing cost unchanged for...
Jul 13, 2023 (Gmt+09:00)
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Retail
KGC unifies BI of red ginseng brand as JUNG KWAN JANG
Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., will unify its red ginseng brand identity (BI) as JUNG KWAN JA...
Jul 03, 2023 (Gmt+09:00)
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Fashion
Gucci invites S.Korean artist to horsebit 70th anniversary exhibition
The Gucci horsebit loafer, one of the most iconic products of the Italian luxury brand, is celebrating its 70th anniversary. The horsebit loafer is ...
Jun 19, 2023 (Gmt+09:00)
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Steel
Jang Se-joo returns as Dongkuk chairman, launches holding firm
Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...
May 12, 2023 (Gmt+09:00)
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Electronics
Samsung’s new Bespoke line: It's time of reckoning for device chief
Han Jong-hee, Samsung Electronics Co.'s vice chairman, has been in charge of the South Korean tech giant’s digital experience or DX division, ...
May 11, 2023 (Gmt+09:00)
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Central bank
BOK chief says rate cut premature despite slower growth
South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its ta...
May 03, 2023 (Gmt+09:00)
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Central bank
BOK chief defies rate cut calls amid sustained inflation
South Korean central bank chief on Tuesday defied calls for an interest rate cut this year despite growing risks of a recession in Asia’s four...
Mar 08, 2023 (Gmt+09:00)
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Central bank
BOK mulls business, financial stability this year while focusing on inflation
The Bank of Korea Governor Rhee Chang-yong on Wednesday said, "We will focus on inflation this year but also closely consider tradeoffs to preserve ...
Jan 19, 2023 (Gmt+09:00)
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ESG
South Korea aims to build world’s 6th inland base in the Antarctic
The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...
Nov 22, 2022 (Gmt+09:00)
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Perspectives
Why the global economy needs BOK’s Rhee to stand firm
Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...
Nov 15, 2022 (Gmt+09:00)
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Central bank
BOK takes another big step hike as weak won lifts prices
South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...
Oct 12, 2022 (Gmt+09:00)
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Asset management
IGIS names fixed income expert Jang as head of equity, debt
IGIS Asset Management Co., South Korea’s largest real estate investment firm managing $46.5 billion in assets as of end-2021, said on Tuesday ...
Oct 05, 2022 (Gmt+09:00)
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Electric vehicles
Korean PM Han says EV tax credits may violate FTA rules
The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...
Sep 21, 2022 (Gmt+09:00)
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Samsung Group
Samsung Elec executive touts ‘significant progress’ in M&A efforts
BERLIN – Samsung Electronics Co. has made “significant progress” in the company’s merger and acquisition (M&A) efforts, ...
Sep 02, 2022 (Gmt+09:00)
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Private equity
Seoul sees high odds of reversing Lone Star-favoring ruling
South Korea’s justice ministry expressed confidence in winning an appeal against an international ruling that accepted part of Lone Star&rsquo...
Sep 02, 2022 (Gmt+09:00)
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Central bank
BOK chief: S.Korea won't keep pace with Fed’s interest rate hikes
JACKSON HOLE, Wyo. -- The Bank of Korea plans to raise interest rates until inflation falls to its target level but won't keep pace with the US Fede...
Aug 29, 2022 (Gmt+09:00)
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Economy
Korea inflation hits highest point since 1998 crisis, BOK to hike rates
South Korea’s inflation accelerated further last month to its highest point since the 1997-98 Asian financial crisis, adding to expectations t...
Aug 02, 2022 (Gmt+09:00)
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Central bank
BOK delivers first-ever 50-bp hike to curb inflation
South Korea’s central bank on Wednesday took the most aggressive measure with a 50-basis-point policy interest rate hike for the first time in...
Jul 13, 2022 (Gmt+09:00)
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Artificial intelligence
Virtual humans expand territory in real world
Virtual humans are taking an active part in the real world, expanding their influence in various sectors such as advertising, music, commerce and ed...
May 31, 2022 (Gmt+09:00)
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Central bank
BOK steps up inflation fight with back-to-back rate hikes
South Korea’s central bank delivered a back-to-back interest rate hike for the first time in 15 years on Thursday to curb rampant consumer pri...
May 26, 2022 (Gmt+09:00)
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Pension funds
POBA targets PE in tech, bio, healthcare in long term, CIO says
Public Officials Benefit Association (POBA) of South Korea will keep its focus on steady cash flow while strengthening profitability, its Chief Inve...
May 09, 2022 (Gmt+09:00)
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Central bank
Korea lawmakers confirm IMF veteran as new BOK chief
South Korea’s lawmakers gave the nod to the nomination of veteran International Monetary Fund official Rhee Chang-yong as the country’s ...
Apr 20, 2022 (Gmt+09:00)
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Central bank
BOK chief nominee to curb household debt through interest rates
South Korea’s central bank chief nominee said on Friday he will use interest rates to tackle household debt in Asia’s fourth-largest eco...
Apr 01, 2022 (Gmt+09:00)
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