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President Jeong Young-chae of NH Investment & Securities Co.NH Investment & Securities Co. (NHIS) has been selling the Fidelity Global Dividend Income Fund, which has been investing in a number of selected business firms around the world based on their dividend payment and large growth poten…
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President Lee Dong-cheol of KB Kookmin Card.KB Kookmin Card will no longer automatically issue paper receipts for transactions less than 50,000 won from July 1, as the credit card firm decided to introduce selective issuance system so cardholders can decide whether or not to get receipts for transac…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group is on the verge of launching a new CIB operation by integrating the investment banking units of its affiliates - Woori Bank and Woori Investment Bank - which will be the first such move of its rebirth as a financial …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Chairman Sohn Tae-seung of Woori Financial Group and CEO of Woori Bank said he will go after M&As like never before to expand the group’s business scale in key financial areas such as insurance and securities. “Our M&As just beg…
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Chairman Jung Ji-won of the Korea Exchange. (KRX) (Photo:KRX) The stock market trading slowed somewhat even though the new tax on stock trading was put into force on May 30. Transactions amounted to 1.099,1 billion, a fall from the 1.383,9 billion trade transactions averaged daily in May.The daily t…
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President Lee Jin-kook of Hana Financial Investment Co.Hana Financial Investment Co. (HFI), an affiliate of Hana Financial Group, plans to boost its capital to around 4 trillion won and become a large investment banking firm. Its closest rival, Shinhan Financial Investment, has put off its plan to i…
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Chairman Kim Jung-tai holds a copy of an MOU signed with President Loie Le Guisquet of Oracle EMEA and JAPAN, for mutual cooperation on GLN’s successful launch of services and global expansion and collaboration on new technologies such as blockchain and AI, among others. (Photo: HFG)Hana Financial …
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group Co. reported a 7.1 percent increase in its net profit for the first quarter ending March from a year earlier, thanks to gains from the insurance unit, Orange Life Insurance, Ltd. it acquired last year.Shinhan Fi…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KB Financial Group)KB Financial Group posted 845.7 billion won in net profit in the first quarter of this year a little down YoY but three times more than the preceding quarter, the group said on April 24.The group cleared that the Q1 net profit …
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A group of dignitaries led by Chairman Kim Jung-tai of Hana Financial Group, 3rd L, and leaders of local banks in Taipei, Taiwan, pose for a photo session at a launching ceremony of the Hana Bank’s overseas electronic payment service at the bank’s Taiwan branch on April 24. (Photo: Hana Financial …
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President & CEO Lee Young-jun of Lotte Chemical. (Photos: Lotte Chemical)“We have to set reform and improvement milestones faithfully and carry out not only long-term global business restructuring but also a business structure shift of domestic …
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President Kim Jong-chool gives his inaugural speech as he took office as KAI’s 9th president of KAI at an inauguration ceremony at KAI headquarters in Sacheon, Gyeongsangnam-do, on March 19. (Photos: KAI)Under the leadership of new President Kim Jon…
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Minister of Climate, Energy and Environment Kim Sung-hwan gets a briefing on electrode boiler from KDHC CEO Jeong Yong-ki as he toured KDHC’s branch in Hwaseong, Gyeonggi-do, on March 11. Korea District Heating Corp. (KDHC) has built a communit…
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(From left) Czech Deputy Prime Minister and Minister of Industry and Trade Karel Karel Havlíček, Son Seung-woo, Head of Doosan Enerbility’s Power Services Business Group, Daniel Procházka, COO of Doosan Skoda Power, and Kim Jeong-kwan…
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