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Economy/Finance
Chairman Yang Jong-hee of KB Financial Group. (Photo: KB Financial Group)KB Financial Group announced its business results for the third quarter of 2024 along with its ¡°Sustainable Value-up Plan¡± via internet and mobile live streaming on Oct. 24. Prior to the earnings announcement, KB Financi¡¦
Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group earned a cumulative net profit of 3,985.6 billion won in the third quarter of this year. Its non-interest income contracted due to losses on securities derivatives transactions, but the fina¡¦
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group will launch a senior citizen-specific brand, ¡°Hana The Next,¡± to provide total care services specialized for the senior generation. According to Hana Financial Group on Oct. 22, the its affiliat¡¦
Chairman Lee Suk-joon of NongHyup Financial Group. (Photo: NongHyup Financial Group)NongHyup Financial Group posted the largest cumulative net profit in its history in the third quarter of 2024. The financial group announced on Oct. 29 that its cumulative net profit for the third quarter of thi¡¦
President Lee Jae-keun of KB Bank. (Photos: KB Bank)KB Kookmin Bank announced on Oct. 31 that it will reorganize KB Star Banking¡¯s asset management service to make it easier and more convenient to use.KB Star Banking¡¯s asset management service will be reorganized with an intuitive UI/UX that allow¡¦
President Jung Sang-hyuk of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank announced on Oct. 18 that it has launched the Video Call Real Name Verification Service for Foreigners to enhance convenience in digital financial services for foreign customers. The Video Call Real Name Verification S¡¦
President Lee Seung-lyul of Hana Bank. (Photos: Hana Bank)Hana Bank announced that the bank has been selected as the ¡°Best Sub-Custodian Bank in Korea 2024¡± by Global Finance, a US global financial and economic publication. At the Global Finance Transaction Banking Awards 2024, held in Beijin¡¦
President Lee Suk-yong of NongHyup Bank. (Photos: NongHyup Bank)NongHyup Bank announced on Nov. 1 that it launched ¡°NH AllOne Teenz Passbook¡± and ¡°NH AllOne Teenz Installment Savings¡± exclusively for minors to help them establish good financial habits. NH AllOne Teenz Passbook waives e-fina¡¦
Chairman Kim Chul-ju of the Korea Life Insurance Association (KLIA). (Photos: KLIA)The Korea Life Insurance Association (KLIA) provides useful insurance product information to consumers through the New Product Introduction Series on its YouTube channel (youtube.com/kliapr). The program explains¡¦
On Nov. 5, the GIAK¡¯s Social Contribution Council announced that it has signed a business agreement with the National Police Agency and the Korea Transportation Safety Authority to support elderly drivers¡¯ safe driving. Lee Byung-rhae, chairman of the GIAK, poses for a photo with Cho Ji-ho, chief ¡¦
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Industry/Energy
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 ¡¦
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¡¦
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¡¦
(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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