The National Pension Fund’s rate of return last year was 10.86%, and the average for the past three years was 10.59%.

▲ Acting Chairman Lee Tae-soo of the National Pension Fund Management Committee speaks at the ‘2022 4th National Pension Fund Management Committee’ held at the President Hotel in Jung-gu, Seoul on the 1st. [비즈니스포스트] The National Pension Fund Management Headquarters posted double-digit annual returns for the fourth time last year. The National Pension Fund Management […]

US Vice Minister of Finance visits Kakao Bank and meets Yoon Ho-young, “Learn about the regulatory sandbox”

▲ Brian Nelson, the U.S. Department of the Treasury’s undersecretary for terrorism and financial information (right), visits Kakao Bank’s headquarters in Pangyo, Seongnam, Gyeonggi Province on the 28th and takes a commemorative photo with Yoon Ho-young, CEO of Kakao Bank. [비즈니스포스트] Brian Nelson, the U.S. Department of the Treasury’s undersecretary for terrorism and financial information, […]

“A smallpox vaccine that has not been vaccinated since 1979 (age 43) has 85% immunity to monkeypox?” – The Herald Economics

Vaccination against monkeypox virus is being carried out in Quebec, Canada on the 6th. [로이터] [헤럴드경제=김태열 건강의학 선임기자] Interest in the smallpox vaccine is increasing as it is known that the smallpox vaccine is effective in preventing about 85%. This is because the virus that causes monkeypox overlaps in antigenicity with the virus that causes […]

“Financial Supervisory Service recommends refraining from abuse of medical advice… Insurance industry “complete consumer protection”” – The Herald Economics

[헤럴드경제=박병국 기자]The insurance industry has come up with measures to protect indemnity insurance subscribers related to cataract surgery, such as strengthening the counseling call center service. This is due to an increase in complaints from insurers who did not receive insurance benefits while the insurance industry strengthened medical advice to prevent ‘insurance leaks’. The Financial […]

“Expensive houses rise and sell… The polarization of the apartment market intensifies [부동산360]”- Herald Economics

May KB Seondo Apartment 50 Index increased for 3rd monthHigh-priced apartment prices rise, quintile magnification is the highest everIncreased proportion of high-priced apartment transactions amid severe trade cliffs The preference for ‘a bright house’ in top-class locations such as Gangnam and Yongsan in Seoul is getting stronger. The view of the Gangnam area in Seoul […]

Woori Financial also promotes digital strategy fund, who will lead the 4 major financial holding funds?

[비즈니스포스트] Financial groups are creating their own digital strategy funds and working hard to nurture innovative start-ups. From discovering investment targets to making investment decisions, the roles of representatives of affiliates in charge of fund management are expected to become even heavier. ▲ Park Kyung-hoon, President and CEO of Woori Financial Capital. According to the […]

““Attracted by virtual currency” ants around the world ‘panic’… ‘Luna incident’, which lost 3.5 billion US rappers” – The Herald Economics

Popular British YouTuber and rapper JJ Olatounji posted on Twitter that he had lost $2.8 million (3.5 billion won) due to the plunge in Luna. [KSICRYPTO] [헤럴드경제=박로명 기자] Due to the collapse of the Korean cryptocurrency Luna and its sister coin Terra USD (UST), individual investors around the world are complaining of the pain and […]