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The Kumho-Asiana Group has been improving its operation by cutting its debts and restructuring to make up for slow earnings results.The group cut its borrowings by 1.1 trillion won this year and expects to lower the level of its debt by boosting its capital to improve its capital-to-debt ratio. Asia¡¦
Chairman Huh Chang-soo of GS Group. (Photo: GS Group)GS Group decided to invest 20 trillion won over the next five years, which will cause the group to hire some 21,000 employees, to take care of the businesses the investments will create.Accordingly, most of South Korea¡¯s top family-run business g¡¦
A group of the members of POSCO Group Global Employee Volunteers hold a march around Cilegon, Indonesia, where they are building 10 houses as part of the Steel Village Project to build 125 houses and build and repair 150 public facilities in the four poor areas in the city. (Photos:POSCO)Chairman Ch¡¦
President Kim Hyun-seok of the Consumer Electronics Business at Samsung Electronics delivers a speech at a ceremony to open an AI research center in New York on Sept. 7.Senior Executive Vice President Daniel Lee, head of Samsung Electronics¡¯ AI research center in New York, speaks at the opening cer¡¦
A view of G70, the latest model of Hyundai luxury Genesis brand. (Photos: Hyundai Motor Group)Hyundai Motor Group Executive Vice Chairman  Chung Ui-sun.Hyundai Motor Group plans to focus investments on five innovative growth sectors, including smart cars.The automaker group is accelerating effo¡¦
On display are ginseng product gift sets for Chuseok at Cheonkwanjang Sales Stores with a number of models holding gift packages including the one with a catchphrase for the sales ad.¡±Give Your Minds in Chuseok.¡± (Photo:KGC)The Korea Ginseng Corp. kicked off an event to publicize its ginseng produ¡¦
Amore Pacific¡¯s cosmetics products recommended for Chuseok as gifts¡°Liberate your mind with the top cosmetics products,¡± said AmorePacific in introducing its Chuseok gift packages consisting of its cosmetics products. Iope, Hanyul, Hera and Ryo that are AmorePacific¡¯s cosmetics brands included i¡¦
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Economy/Finance
The Korea Exchange held the 2026 Securities and Derivatives Market Opening Ceremony at its Seoul office building on Jan. 2, 2026. Chairman Jeong Eun-bo delivers his opening message. (Photo: KRX)The Korea Exchange (KRX) held the 2026 Securities and De¡¦
KDB Chairman Park Sang-jin delivers a New Year¡¯s address at the 2026 business kick-off ceremony at the bank's headquarters in Seoul, on Jan. 2. (Photo: KDB)Park Sang-jin, chairman of Korea Development Bank (KDB), emphasized that 2026, the Year of th¡¦
Sung Dai-gou, CEO of Tongyang Life Insurance, poses for a photo with employees at the 2026 Leaders Vision Summit at the Human Resources Development Center on Dec. 18. (Photo: Tongyang Life Insurance)The Korea Federation of Banks (KFB) and six other f¡¦
Shinhan Bank President Jung Sang-hyuk presides over the Management Strategy Meeting for the First Half of 2026 at the bank¡¯s main building in Seoul on Jan. 5. (Photo: Shinhan Bank)Shinhan Bank President and CEO Jung Sang-hyuk announced the bank¡¯s s¡¦


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