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Bitcoin rally continues on institutional interests

Bitcoin rally continues on institutional interests
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A local cryptocurrency exchange displays a price chart for bitcoin. (Yonhap)
Bitcoin on Wednesday came under market watch after it spiked nearly to $20,000 earlier this month and continued its rally for days, on the back of institutional investors diversifying their portfolios.
The most popular cryptocurrency remained above $19,000 per coin for a third straight day Wednesday morning, according to Upbit, one of the leading cryptocurrency exchanges here operated by local financial technology firm Dunamu.
After the digital coin reached a recent high of $19,850 on Dec. 1, it slid as low as $16,500 on Dec. 9. It, however, continued to rebound to reach $19,600 on Tuesday. As of 11:11 a.m. Wednesday, the coin was trading at $19,254. ....

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[Women in Finance 3] Women who broke the glass ceiling

[Women in Finance 3] Women who broke the glass ceiling
Top women financiers in Korea say concerted efforts needed from families, companies and society to create level playing field
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(123rf)
The Korea Herald is publishing a series of special reports on the glass ceiling in the financial industry, focusing on South Korea’s market compared with other major economies. Funded by The Korea Press Foundation, the series will evaluate where Asia’s fourth-largest economy stands in terms of gender equality, will reflect on changes being made and will explore ways to boost inclusion in the sector. Ed.
Looking back at her 41-year career in South Korea’s finance sector, Sohn Byung-ok, former CEO of Prudential Life Insurance Korea, recalls how she struggled to strike the right balance between work and home. ....

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