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Search resuls for: "Hwang Seon"


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SEOUL, South Korea (AP) — Shohei Ohtani may be South Korea's most-beloved Japanese athlete, a testament to his charm in softening any lingering animosity between the two neighbors. “I think Ohtani would perhaps be the first Japanese athlete who we can say we like. After his arrival in South Korea, he told reporters that he’s always respected South Korea’s national teams and called South Korea “one of my favorite countries." In 2019, a forced-labor issue triggered widespread public campaigns in South Korea to boycott Japanese goods and services. But despite their often-rocky political relations, South Korea and Japan are closely linked to each other culturally and economically.
Persons: covets, , Lee Jong, , Hwang Seon, he’s, Yoon Suk, Heung, ” Lee, ___ Organizations: Major League Baseball, San Diego Padres, Los Angeles Dodgers, Korean, Dodgers, Seoul’s Hanyang University, Ohtani’s South, South, Twitter, Tottenham Hotspur Locations: SEOUL, South Korea, Korean, Japan, Korea, South Koreans
SEOUL, July 20 (Reuters) - South Korea's financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation against them amid concerns the number of overdue loans could rise. Earlier this month, a local credit union was hit by customer withdrawals after media reports about a rise in its non-performing loans related to real estate projects, sparking worries about a liquidity shortage at the union and other financial institutions. "The amount of overdue real estate project financing at securities firms is currently judged to be at a tolerable level, but I request for thorough and preemptive preparation, with the worst case scenario in mind, to prevent any trouble," Deputy Governor Hwang Seon-oh said at the meeting. Hwang met with chief risk officers and investment banking executives from 10 securities firms, who shared the authorities' view on real estate-related risks and agreed to implement risk management measures, according to the statement. Authorities will now step up monitoring of securities firms' exposure to real estate projects to prevent any liquidity risks and engage intensively with those of high vulnerability, the FSS said.
Persons: Hwang Seon, Hwang, Jihoon Lee, Jamie Freed Organizations: Financial Supervisory Service, Thomson Locations: SEOUL
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