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The government approved next year¡¯s budget of 470.5 trillion won, up 9.7 percent over last year. The budget proposal calls for another 23.5 trillion won in spending, a whopping 22 percent jump in the job creation sector. A cabinet meeting presided over by President Moon Jae-in on Aug. 28 gave the g¡¦
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Chairman Choi Jong-gu of Financial Services Commission delivers his speech at a ceremony to celebrate the 21st anniversary of the Capital Market Research Institute on Sept. 4 at Conrad Hotel in Seoul. (Photo: FSC)Chairman Choi Jong-gu of the Financial Services Commission (FSC) said he will aim for d¡¦
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President Moon Jae-in, 3rd R, leads the heads of the five branches of the government who he invited for an official lunch at Cheong Wa Dae on Aug. 10. Speaker Rep. Moon Hee-sang of the National Assembly, 2nd L front row and Prime Minister Lee Nak-yeon, L, are seen among them. (Photo: Cheong Wa Dae)P¡¦
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Commissioner Gen. Min Gap-ryong of Korea National Police Agency, left, visits Prosecutor Gen. Moon Moo-il of Supreme Prosecutor¡¯s Office to discuss cooperation between the two powerful law enforcement institutions in the country. (Photos:Supreme Prosecutor¡¯s Office)Commissioner General Min Gap-ryo¡¦
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A long unprecedented heat spell hits many parts of the nation, including Seoul, for several weeks.The Ministry of Trade, Industry and Energy (MOTIE) announced relief steps to lower households¡¯ electricity charges for July and August due to the ongoing unprecedented heat spell. The ministry decided ¡¦
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Chairman Yang Jong-hee of KB Financial Group. (Photos: KB Financial Group)KB Financial Group surpassed annual net profit of 5 trillion won in 2024, as its non-banking affiliates led the way in improving performance amid KB Kookmin Bank¡¯s stagnant bu¡¦
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Chairman Jin Ok-dong of Shinhan Financial Group. (Photo: Shinhan Financial Group)Shinhan Financial Group posted a net profit of 4,571.5 billion won in 2024, an increase of 3.4 percent from the previous year. Shinhan Bank, in particular, is expec¡¦
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IBK signs a business agreement with Germany's Commerzbank AG to support small and medium-sized enterprises. Kim Sung-tae, president of IBK poses for a photo with Michael Kotzbauer, vice chairman of Commerzbank AG. (Photo: IBK)IBK announced on March 7¡¦
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Joo Hyung-hwan, vice chairman of the National Committee for Low Birthrate and Aging Society poses for a photo with KB Kookmin Bank officials in a work-life balance meeting on Feb. 25. (Photo: KB Kookmin Bank)KB Kookmin Bank is practicing win-win fina¡¦
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