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Economy/Finance
Chairman Sohn Tae-seung of Woori Financial Group who also doubles as the CEO of Woori Bank.Woori Bank announced on May 8 that it has floated US$450 million (532.13 billion won) worth of Formosa sustainability bonds in Taiwan.A Formosa bond is a bond issued in Taiwan but denominated in a currency oth¡¦
Chairman Kim Gwang-soo looks back at the initial year of his achievements at a media briefing session on May 8.(Photo: NHFG)NongHyup (NH) Financial Group Chairman and Chief Executive Kim Gwang-soo said May 8 the group will strengthen its business by reorganizing its nonbank assets and seeking opport¡¦
President Jin Ok-dong of Shinhan Bank.Shinhan Bank has decided to go ahead with its plan to use AI technology for the automation of its operations, this time on the analyses of documents and credit evaluations, for the first time in the commercial banking sector.The AI technology will be the first I¡¦
President Choi Hee-nam of Korea Investment Corp. (Photo: KIC)The Korea Investment Corp. (KIC) said the KIC is expected to have its operational results for this year turned around to the ¡°plus¡± side and post 7.5 percent growth after April, President Choi Hee-nam of told Korean media on April 30 at ¡¦
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Chairman Cho Yong-byoung of Shinhan Financial Group.Shinhan Financial Group launched Shinhan AI, an artificial intelligence (AI)-based investment consulting company, the group said Feb. 18.The financial group set up an AI-specialized company as a subsidiary which the group registered at a court in S¡¦
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group plunged is looking to acquire Tongyang Asset Management and ABL Global Asset Management, the former Alliance Asset Management, in its first M&A move since it became a financial group on Jan. 14. China¡¯s Anbang I¡¦
A view of an opening ceremony for KB Kookmin Bank¡¯s branch in Gurugram, the state of Hariana, India, the bank¡¯s first branch in India, held on Feb. 18 with some 200 related people attending led by President Hur Yin of the Korean bank, Korean Amb. to India Shin Bong-gil, and local dignitaries inclu¡¦
President Jung Il-moon of Korea Investment Securities Co.Korea Investment Securities Co. is ready to take a crack at boosting its global operations and compete with global investment banks now that its global operations in Asia are on a solid foundation.The company will strive to become a leading do¡¦
A scene from the 2nd Meeting of the Overseas Construction Orders Platform for 2019 held jointly by Korea Eximbank and the International Contractors Association of Korea on April 4 at the Korea Federation of Banks building in Myung-dong, Seoul. (Photo: Korea Eximbank)Chairman Eun Sung-soo of the Expo¡¦
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Business/Company
Chairman Lee Jae-yong of Samsung Electronics. (Photo: Samsung Electronics)Samsung Electronics surpassed the milestone of exceeded 20 trillion won in the fourth quarter, the best-ever quarterly figure. It represents a new record for Korean companies.&¡¦
Chairman Shin Dong-bin of Lotte Group. (Photo: Lotte Group)In a New Year¡¯s message delivered to executives and staff on Jan. 2, Lotte Group Chmn. Shin Dong-bin said, ¡°Let¡¯s make a new history together based on growth and innovation.¡± Chmn. S¡¦
Executive Chair Chung Eui-sun of Hyundai Motor Group talks with Vice Chmn. Jang Jae-hoon, President Sung Kim, Senior Executive Vice President Kim Hae-in, Kia Motors President Song Ho-sung and Hyundai Mobis President Lee Gyu-suk at the 2026 HMG New Ye¡¦
KCCI Chmn. Chey Tae-won delivers a welcoming speech at a New Year¡¯s greeting meeting for business leaders on Jan. 2 (Photos: KCCI)Greeting the New Year, business leaders converged to share their resolve and determination to help the national economy¡¦


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