Economy
Finance
Ray Dalio: “U.S. Debt Crisis Within 3 Years… Reduce Bonds and Increase Holdings of Gold and Bitcoin”
Ray Dalio, founder of Bridgewater Associates—a leading hedge fund on Wall Street—argued that the U.S. could face a debt crisis as soon as three years from now. He urged investors to reduce their bond …
Finance
Hyundai MARINE & FIRE INSURANCE CO.,LTD Provides Emergency Support for Flood Recovery in Geoje… Towing of Flooded Vehicles and Compensation Consultations
Hyundai MARINE & FIRE INSURANCE CO.,LTD(001450)has set up a relief camp at the flood-stricken site in Geoje, South Gyeongsang Province, and has begun providing support for flood damage recovery. In pa…
Finance
Financial Services Commission and Financial Supervisory Service to Relocate to Sejong… State-Owned Banks Eyed for Busan, Daegu, and Naju
As forecasts suggest that a large number of financial institutions will be included in the second phase of the relocation of public institutions to regional areas, attention is also focusing on the re…
Finance
“A Monthly Salary of 20 Million Won?”…Salaries at Financial Holding Companies “Skyrocket” Amid Record-Breaking Earnings
Following the five major financial holding companies (KB Financial Group, ShinhanFinancialGroup Co.,Ltd., HanaFinancialGroupInc., WooriFinancialGroup, and NH Nonghyup) setting record-high net profits …
Finance
From Firefighters to Researchers… Hyundai MARINE & FIRE INSURANCE CO.,LTD Helped 100 Children from Multicultural Families Pursue Their Dreams
Hyundai Marine & Fire Insurance ( Hyundai MARINE & FIRE INSURANCE CO.,LTD(001450)) has stepped forward to support a career exploration event aimed at encouraging the dreams of children from multicultu…
Finance
Bought a Villa Instead of Renting, but Can’t Sell It?… First-Time Homebuyer Benefits Also ‘Useless’
Young people who purchased a villa or officetel using the “Youth Future Home Loan” must first sell their existing non-apartment property if they wish to receive the first-time homebuyer loan-to-value …
Finance
Samsung Life Insurance and SamsungFire&MarineInsurance Post ‘Record Earnings’ Side by Side… Investment Gains Prove to Be Key Contributors
Samsung’s insurance affiliates— Samsung Life Insurance(032830)and #SamsungFire&MarineInsurance—both posted their best-ever first-half results. The combined net income of the two companies easily surpa…
Finance
“Can I get a loan?” Customers Who Called Every Day… Mortgage ‘Rush’ Takes a Breather
As financial authorities doubled the target growth rate for household loans to expand lending capacity, expectations are rising among genuine homebuyers seeking mortgage loans. While there had previou…
Finance
MIRAE ASSET Life Insurance CO., Ltd. Reports 2.37 Billion Won in Second-Quarter Operating Profit… Down 63.6% Year-Over-Year
MIRAE ASSET Life Insurance CO., Ltd.(085620)announced on the 14th that its operating profit (on a consolidated basis) for the second quarter of this year was 23.7 billion won, a 63.6% decrease compare…
Finance
Should You Buy a Villa Instead of Renting? … What If You Get Stuck When It Comes Time to Sell?
The government is introducing a policy loan to encourage young people paying monthly rent to purchase non-apartment housing, such as villas and officetels. Under this program, borrowers can purchase t…