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Chairman Cho Yong-byeong of Shinhan Financial Group, left, Minister Park Young-sun of the Ministry of SMEs and Startups, center, Chairman Ahn Kun-joon of Korea Venture Business Association are seen here holding a copy of the Voluntary Mutual Survival Business Agreement they signed at the Shinhan Du-¡¦
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Chairman Kim Jung-tae of Hana Financial Group. (Photo: HFG)Hana Financial Group Inc., a major South Korean banking company, said its second-quarter net profit rose 3.8 percent on-year, thanks to a modest gain in interest income.Net profit stood at 658 billion won ($550 million) for the April-June pe¡¦
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Chairman Yoon Dae-hee of Korea Credit Guarantee Fund(Kodit), 2nd R, listens to CEO Chung Ji-sung of SOS Rap, one of the SMEs selected to become the Reform Icons under the Reform Icon Support Program launched by Kodit in July, as he explains what the company has been doing to become one of the Reform¡¦
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CEO Lee Dae-hyun of Korea Investment, a new affiliate of Korea Development Bank, explains KDB plan to sell Daewoo E&C under KDB management at the KDB IR Center in Seoul on July 17. (Photo: KDB)Korea Development Bank (KDB) announced on April 25 that it would set up KDB Investment as its subsidiar¡¦
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Chairman Cho Yong-byeong of Shinhan Financial Group, 4th L, joins the new members of the group¡¯s Real Estate Strategic Committee which was reorganized and recently launched in a ceremony held on Aug. 7 to include a real estate business consultative committee and a real estate financial council with¡¦
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Chairman Sohn Tae-seung of Woori Financial Group announces the 40-40-40 Vision of the group¡¯s management strategy at a meeting of the group¡¯s CEOs held at Grand Hilton Convention Center in Seoul on July 19. (Photo: WFG)¡°We will boost the non-interest and overseas earnings to reach 40 percent of t¡¦
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Chairman Yoon Jong-kyoo of KB Financial Group shakes hands with CEO Saeed Amidi of Plug and Play after signing an agreement to groom promising startups across the globe and collaborating on supporting early-stage business ventures in Korea on July 31 at the financial group¡¯s office in Yeouido, Seou¡¦
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President Ji Sung-kyu of KEB Hana Bank.KEB Hana Bank took a 15 percent stake in BIDV, the state-owned and largest commercial bank in Vietnam, for over 1 trillion won, showing its bona-fide strategy to boost its overseas operation.The bank announced on July 22 its move to acquire the stake in the lar¡¦
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An ad for Korea Exchange Gold Spot Market. (Photo: KRX)Gold futures, which have been traded on the Korea Exchange since March 2014, recently hit an all-time high, while transaction volume continues to grow.The recent global gold frenzy may have started in Korea. The spark was Bank of Korea Gov. Lee ¡¦
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Chmn. Lee Jay-hyun of CJ Group, a member of an economic delegation who accompanied President Lee Jae-myung on a Korea-U.S. summit, poses with other delegates prior to the ¡°Korea-U.S. Business Roundtable¡± at Willard InterContinental Washington in Wa¡¦
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David Kim, CEO of LG Energy Solution. (Photos: LG Energy Solution)LG Energy Solution has struck a contract to supply EV batteries worth an estimated some 15 trillion won to Mercedes-Benz. The deal involves an over 100GWh huge capacity. The lates¡¦
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Korean Air struck an MOU to buy 103 next-generation, high-efficiency passenger aircraft and revealed a plan to purchase 19 reserve engines and sign a maintenance service contract at Willard InterContinental Washington in Washington DC on Aug. 26. Amo¡¦
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