
Financial companies in South Korea are reluctant to pay their executives based strictly on performance, the financial regulator said Wednesday, as the watchdog moves to revamp the wage system after criticism arose that they still get a generous pay despite banks' dim earnings. Investment firms and insurers here paid their chief executive officers (CEOs) based more on the fixed salary than business results, according to latest data by the Financial Supervisory Service (FSS) on 65 financial companies in 2012.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
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