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Economy/Finance
Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group announced its business results in the second quarter of 2023 on July 27. Its net income in the quarter was 1,238.3 billion won, down 10.8 percent from the previous quarter, and its net profi…
Chairman Yoon Jong-kyu of KB Financial Group. (Photo: KB Financial Group)KB Financial Group posted its best-ever first-half business performance, despite accumulating more than 1 trillion won in provisions. Its interest income increased as market interest rates rose. A significant improvement i…
Chairman Yoon Hee-sung of the Export-Import Bank of Korea (KEXIM) poses with Gov. Nobumitsu Hayashi of the Japan Bank of International Cooperation (JBIC) after they signed an MOU on financial cooperation at the Japanese Ministry of Finance on June 29.The Export-Import Bank of Korea (KEXIM) has joine…
Chairman Ham Young-joo of Hana Financial Group. (Photo: Hana Financial Group)Hana Financial Group announced on July 27 that it posted consolidated net profit of 2,020.9 billion won in the first half of the year, up 16.6 percent from last year’s 288.4 billion. The financial group racked up 918.…
Chairman Lim Jong-yong of Woori Financial Group. (Photo: Woori Financial Group)Woori Financial Group announced that its net profit for the first half of this year totaled 1,538.6 billion won. This is a 12.7 percent decrease from 176.19 billion won in the first half of last year.Woori Financial …
Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NH NongHyup Financial Group)NongHyup Financial Group announced record semiannual net profit of 1.705.8 billion won in the first half of this year. NongHyup Financial Group announced on July 28 that its net profit sat at 1,705.8 billion …
President Jung Sang-hyuk of Shinhan Bank and An Sang-min, commander of the Second Fleet Command of the Republic of Korea Navy, pose as they attended a ceremony in which 10 million won was delivered in donations to support the soldiers’ efforts on Aug. 1. (Photo: Shinhan Bank)Shinhan Bank announced …
A promotional image for the SMTOWN LIVE 2023' concert which KB Kookmin Bank will host with SM Entertainment on Sept. 23 in Jakarta, Indonesia. (Photo: KB Kookmin Bank)KB Kookmin Bank will hold a large-scale concert with SM Entertainment in Jakarta, Indonesia. On August 11, KB Kookmin Bank relea…
A poster to publicize “Hana Playlist Concert”, to be held from Sept. 16 to 17 at Yonsei University’s Open Air Theater. (Photos: Hana Bank)Hana Bank announced that it will hold a large-scale music festival “Hana Playlist Concert” for its customers. The Hana Playlist Concert is designed to p…
Officials, rural elementary school students and college students pose for a group photo at the Green Ladder Summer Camp in Cheonan on Aug. 9. (Photo: NongHyup Bank)NongHyup Bank will promote the final phase of its digital financial platform transformation, converting its digital financial system to …
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Policy/Politics
President Bang Seung-chan of Electronics and Telecommunications Research Institute (ETRI).A Korean research team has come close to achieving a major milestone in the semiconductor industry by developing a new material, a core part in the packaging se…
President Kwon Yong-bok of Korea Transportation Safety Authority (TS).Korea Transportation Safety Authority (TS) said on Aug. 1 that TS was launching a website for an accident investigation committee designed to probe accidents related to the operati…
New President Han Moon-hee of Korea Railroad Corp. (KORAIL) gives his inaugural speech as he took office as 11th president of KORAIL in Daejeon on July 24.Former President Han Moon-hee of Busan Transportation Corp. took office as the 11th president o…
Rep. Yoon Jae-gap of Haenam, Wan-do and Jin-do proposed a bill on the provision of support to fishermen victims following release of Fukushima’s radioactive water. Rep. Yoon Jae-gap of Haenam, Wan-do and Jin-do proposed a bill on the provision …


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