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ECONOMY

Foreign reserves fall for first time in four months as FX deposits shrink, dollar strengthens

South Korea's foreign exchange reserves decreased by 1.72 billion dollars last month, turning downward for the first time in four months. While returns on foreign currency asset management were generated, foreign currency deposits by financial institutions shrank, and assets were entrusted to the Korea-U.S. Strategic Investment Corporation. Continued strengt..

Amid hacking threats, banking sector faces security challenge as network separation eases
As deregulation of financial network isolation gains full momentum, competition among commercial banks to scale up information security investments is inte..

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