Bank capital is back in the financial headlines. In late July, US banking regulators, led by the Federal Reserve, announced plans to finalize the so-called Basel 3 reforms (which banks like to call Basel 4, owing to their significant impact). The aim, according to a joint agency proposal, is “to improve the strength and resilience of the banking system” by modifying large capital requirements to better reflect underlying risks, and by applying more transparent and consistent requirem

Proposed bill: Partial Amendment to the Act on Corporate Governance of Financial Companies Proposed by Rep. Yoon Han-hong (People Power Party) ● The frequent occurrence of financial accidents has raised the need for financial companies to strengthen the monitoring of their internal control system. To ensure financial companies operate an effective internal control system, this amendment establishes an internal control committee under the board of directors to strengthen the board's responsibilit

Korea Enterprises Federation Chairman Sohn Kyung-shik (eighth from left) and Ho Chi Minh City People’s Committee Chairman Phan Van Mai (ninth from left) pose with business leaders from Korea and Vietnam during an event to welcome Vietnamese delegation’s visit, at Lotte Hotel Seoul on Monday. Some 30 people from KEF member companies and Ho Chi Minh City government attended the meeting to discuss ways to improve economic cooperation between the two countries. (Korea Enterprises Feder

영어와 한국어 사이에는 문화적인 차이도 많다. 예를 들어 회사에 입사해서 첫 근무에 ‘ 잘 부탁드립니다’에 맞는 영어가 없다. 필자가 EBS 원어민들에게도 확인해본 결과 실제 그런 취지의 영어가 없다. 영작을 할 때 우리말을 그대로 영어로 옮기면 틀린 영어가 될 때도 많다. 영어를 영어답게 공부하기에는 Korea Herald 가 좋은 자료가 된다. 지난주에 이어서 쉽게 읽으면서 공부할 수 있는 김대균의 바른 영어 표현 원고를 공개한다. No. 6 [과거분사 grounded] 외출 금지! 영문: You are grounded. ground-grounded-grounded(지상에 있는) 이 표현의 유래: 파일럿에게 비행기 타지 말고 땅에 있으라는 말에서 나왔다. cf. grind – ground – ground(갈은) ground beef(갈아서 다진 소고기), ground coffee(갈아서 가루가 된 커피) 문법 포인트:

First-generation college students are less alone than they were a decade ago. Today, more than half of America's undergraduate students have parents who never got bachelor's degrees. Many campuses have programs to empower them, such as by connecting them with mentors, academic support and financial aid. But there's a lot more that can be done. Now that the Supreme Court has struck down race-conscious college admissions, first-generation students are a logical group for universitie

Hyundai Motor Group is promoting South Korea's bid to host the 2030 World Expo in Busan with the automaker's electric vehicles -- the Ioniq 5 and Ioniq 6 -- bearing the slogan "Busan is ready" near Duffy Square, north of New York's Times Square. The Group has been driving the specially painted vehicles around the city during the UN General Assembly, which is taking place in the city this week. (Hyundai Motor Group)

2) 파트 5 3문제 1. A customer who wanted to book accommodations at the resort did not state ------- he would be needing the room. (A) what (B) when (C) whose (D) those 해석 그 휴양지의 숙박 시설을 예약하고자 했던 한 고객은 객실이 언제 필요한지 말하지 않았다. 해설 명사절 접속사 채우기 문제 빈칸에는 타동사(state)의 목적어 역할을 하는 명사절을 이끄는 명사절 접속사가 와야 하므로 (A), (B), (C)가 정답의 후보이다. 빈칸 뒤에 주어(he)와 동사(would be needing), 목적어(the room)를 모두 갖춘 완전한 문장이 왔고, ‘고객은 객실이 언제 필요한지 말하지 않았다’라는 문맥이 되어야 하므로 (B) when이 정답이다. 의문대명사 혹은 의문형용사인 (A)와 (C)는 뒤에 주어나 목적어가 없는 불완전한

There are more discussions that a so-called new Cold War is on the way. Similar to the Soviet-led communist bloc during the Cold War era, which confronted the US-led capitalist bloc, North Korea, China and Russia could form an international bloc against the US-led one. North Korean leader Kim Jong-un's recent visit to Russia drew attention because it was an opportunity to promote discussions of the new Cold War further. North Korea and Russia have mocked the UN Security Council's res

Canadian Prime Minister Justin Trudeau’s dramatic statement in parliament that there were “credible allegations” Indian intelligence was behind the murder of a radical Sikh activist in British Columbia came as a shock to many in India for a couple of reasons. For one thing, most of us still believe that we’re the good guys and our government doesn’t do this kind of thing. More importantly, if India actually did conduct an assassination on Western soil -- which its

Shinsegae Food, the food business arm of South Korean retail giant Shinsegae Group, said Wednesday it has launched plant-based alternative food brand "You are What you Eat." The brand will introduce a range of new plant-based products, such as vegan cheese, vegan sauce and oat milk developed with Shinsegae Food's original food technologies. As the brand's first products, three plant-based ready-made meals, including kimchi-topped rice, rigatoni ragu and lasagna Bolognese, hav