{"id":30581,"date":"2024-03-15T17:53:49","date_gmt":"2024-03-15T21:53:49","guid":{"rendered":"https:\/\/www.furman.edu\/news\/?p=30581"},"modified":"2025-12-04T10:26:53","modified_gmt":"2025-12-04T15:26:53","slug":"francis-kim-talks-all-things-finance-in-korean-media","status":"publish","type":"post","link":"https:\/\/www.furman.edu\/news\/francis-kim-talks-all-things-finance-in-korean-media\/","title":{"rendered":"Francis Kim talks all things finance in Korean media"},"content":{"rendered":"<p>In Furman University circles, <a href=\"https:\/\/www.furman.edu\/people\/francis-kim\/\">Francis Kim<\/a> is known as one of the newest members of the Department of Business and Accounting. In Korea, Sungjae &#8220;Francis&#8221; Kim is widely known as a regular columnist for online newspaper <a href=\"https:\/\/www.womaneconomy.co.kr\/news\/articleView.html?idxno=221571\">Woman Economy<\/a>, <a href=\"https:\/\/news.mt.co.kr\/mtview.php?no=2024031016244854133&amp;vgb=column&amp;code=column27\">Money Today<\/a>, the No. 2 economic paper in the country, and South Korea&#8217;s newspaper of record, The JoongAng (The Center).<\/p>\n<p>Kim, an associate professor of finance, has lived in the U.S. for nearly two decades. He joined the faculty in fall 2023 after an 11-year career at nearby Gardner-Webb University. At Furman, he teaches corporate finance and international finance, and plans to teach financial markets, investments and risk management. He also serves as a faculty advisor for the Furman Investments Club.<\/p>\n<p>An opinion piece by Kim in <a href=\"https:\/\/www.joongang.co.kr\/article\/25224397#home\">The JoongAng<\/a> (or The JoongAng Ilbo, formally) examined the U.S. Federal Reserve and the technology bubble. Another <a href=\"https:\/\/www.joongang.co.kr\/article\/25233450#home\">column<\/a> looked at investment bubbles from bygone eras. Kim began writing a column every other week as of December 2023 at the invitation from a friend on The JoongAng Ilbo editorial board who was inspired by Kim&#8217;s book, &#8220;Fed Signal: How Do the Fed&#8217;s Flutters Become a Typhoon in Seoul?&#8221; The book won praise as a must-read from the Korea&#8217;s largest bookstore chain, Kyobo.<\/p>\n<p>Kim has written for Woman Economy since 2021 and writes a monthly column for Money Today, also since 2021.<\/p>\n<p>He said his columns gained popularity because he was able to forecast significant inflation and the Federal Reserve&#8217;s &#8220;aggressive&#8221; interest rate hikes. Kim is a trusted source for comment on all things finance, from monetary policy to Dutch tulip mania, to the British South Sea Company stock bubble and modern-day dot-com and AI stock bubbles. He has also provided commentary in online and broadcast media about the economy, society and politics.<\/p>\n<p>Kim goes home to Korea every couple of years to visit family and indulge in local cuisine and culture. He says like the U.S., Korea is seeing a housing bubble, but on a more protracted scale. &#8220;Koreans have suffered from significant housing bubbles for decades,&#8221; he said, citing overinvestment in real estate, high interest rates and lower purchasing power for consumers.<\/p>\n<p>Kim said Korea&#8217;s focus on education makes for a competitive society, which translates to high levels of expertise and productivity, especially in public services such as transportation. He said the competitive nature of the country bodes well for high-tech companies like Samsung and Hyundai and entirely different industries like K-drama and K-pop.<\/p>\n<p>Meantime, Kim is settling into Furman nicely, noting the university&#8217;s strong faculty support. &#8220;I enjoy teaching here, and I like Furman&#8217;s culture and atmosphere,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the newer members of the Furman Department of Business and Accounting, Sungjae &#8220;Francis&#8221; Kim is busy teaching finance classes and contributing regular columns in Korean news outlets.<\/p>\n","protected":false},"author":257,"featured_media":30596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,6,2632,2631,2630],"tags":[2635,2636,2634,2637,2633],"class_list":["post-30581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-accounting","category-in-the-news","category-money-today","category-the-joongang","category-woman-economy","tag-business-journalism","tag-federal-reserve","tag-finance","tag-investment-bubbles","tag-south-korea"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts\/30581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/users\/257"}],"replies":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/comments?post=30581"}],"version-history":[{"count":1,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts\/30581\/revisions"}],"predecessor-version":[{"id":40464,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/posts\/30581\/revisions\/40464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/media\/30596"}],"wp:attachment":[{"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/media?parent=30581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/categories?post=30581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.furman.edu\/news\/wp-json\/wp\/v2\/tags?post=30581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}