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Economy/Finance
Samsung Life Insurance Co. posted a first half net profit of 1.445,9 trillion won, up 52.7 percent year-on-year, due mainly to the sale of its stake in Samsung Electronics amounting to 751.5 billion won, the company said on Aug. 10.The company¡¯s combined financial statement for H1 showed that its f¡¦
Gov. Yoon Suk-heun of the Financial Supervisory Service(FSS). (Photo: FSS)Gov. Yoon Suk-heun of the Financial Supervisory Service (FSS) cautioned that financial firms should never turn over risks to customers while commenting on Samsung Life Insurance Co. and others paying minimum amounts of the ret¡¦
Korea Investment & Securities Co. (KIS) emerged as the top company in the area of return on equity in the securities industry in the first half. KIS recorded a ratio of 13.2 percent on operating profit of 378.2 billion won and net profit of 287.3 billion won, doing its job fully both at home and¡¦
An for the retirement fund assets amounting to 11 trillion won managed by Mirae Asset Daewoo Securities Co., which is the largest among held by securities firms. (Photo: Mirae Asset Daewoo)Mirae Asset Daewoo Securities has become the top company in the securities industry in terms of retirement asse¡¦
President Wi Sung-ho of Shinhan Bank.Shinhan Bank introduced another app on its SOL mobile app recently to help customers get the latest information on the real estate market. Shinhan SOL LAND is an app customers can log into for information on real estate as it provides upgraded information on its ¡¦
Chairman Kim Kwang-soo of NH Financial Group.Chairman Kim Kwang-soo of NH Financial Group declared that the company will explore the Asian financial market by combining a strategy with finance and distribution. The announcement was made at the financial group¡¯s global strategy meeting on July 24 pr¡¦
Chairman Yoon Dae-hee of Korea Credit Guarantee Fund (Kodit)A scene from the 2nd meeting of the regional headquaters managers of the Korea Credit Guarantee Fund(Kodit) on June 2 at Kodit head office in Daegu. (Photos: Kodit)Korea Credit Guarantee Fund (Kodit) will issue 4.9 trillion won worth of cre¡¦
Chairman Cho Young-byeong of Shinhan Financial Group.Shinhan Financial Group is about to take over ING Life Insurance Co., securing a 59.15 percent stake in the 6th largest life insurance firm for 2.4 trillion won, according to sources.The sources said the financial group agreed with MBK Partners to¡¦
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KBFG)KB Financial Group Inc. reported earnings results for the second quarter and first half of 2018. For the quarter, the company¡¯s net profit was KRW 946.8 billion. This is a slight decline quarter on quarter due to the one-off gain from the s¡¦
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Policy/Politics
Chairman and CEO Lee Hyungchul of Korean Register (KR). (Photos: KR)Korean Register (KR) has built an ¡°Ammonia Bunkering Simulation System¡± at the LNG Fueled & Bunkering Simulation Center (LSC) at KR headquarters in cooperation with Trans Gas S¡¦
President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation (IITP). (Photos: IITP)President Hong Jin-bae of the Institute of Information & Communications Technology Planning & Evaluation (I¡¦
Chairman Kang Seok-jin of Korea SMEs and Startups Agency (KOSME) poses with officials with Space Solution as he made an inspection toured the aerospace parts maker, based in Daejeon, on March 26 to listen to complaints and grievances the company expe¡¦
Gov. Kim Jin-tae of Gangwon State reveals a plan not to run for the upcoming presidential election, but to concentrate on the pending issues of the Gangwon area at the provincial government on April 14. (Photo: Gangwon State) Gangwon State is de¡¦


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