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Economy/Finance
Chairman Cho Yong-byoung of Shinhan Financial Group. (Photos: Shinhan Financial Group)Shinhan Financial Group announced on July 22 that the group’s second-quarter net income reached 1,320.4 billion won, a decrease of 5.7 percent against the previous quarter, due to the accumulation of provisions fo…
Chairman Yoon Jong-kyu of KB Financial Group. (Photos: KB Financial Group)KB Financial Group announced its business results for the first half of 2022 through internet and mobile live broadcasting on July 21. KB Financial Group posted 2,756.6 billion won in net profit in the first half of the y…
Chairman Ham Young-joo of Hana Financial Group. (Photos: Hana Financial Group)Hana Financial Group announced that it posted a cumulative consolidated net profit of 1.727.4 billion won in the first half of 2022, including 825.1 billion won in the second quarter of 2022. Hana Financial Group accu…
Chairman Sohn Tae-seung of Woori Financial Group. (Photos: Woori Financial Group)Woori Financial Group announced on Aug. 22 that it posted 1,761.4 billion won in net income in the first half of 2022. This is attributable to the financial group’s strong soundness and cost management efforts, an…
Chairman Son Byung-hwan of NH NongHyup Financial Group. (Photos: NH NongHyup Financial Group)NH NongHyup Financial Group recorded the highest net profit since the inauguration of the holding company in the second quarter of 2022, veering away from sluggish growth in the previous quarter.Son Byung-hw…
Shinhan Bank President Jin Ok-dong holds a talk show with a concert with college students at the 10th anniversary of the bank’s financial education at the Shinhan Bank Financial Education Center in Myeong-dong, Jung-gu, Seoul on August 9. (Photo: Shinhan Bank)Shinhan Bank and KT held the 2022 Uniqu…
Kim Sang-gon, chairman of the Korea Teachers’ Credit Union (KTCU) and Lee Jae-keun, president of KB Kookmin Bank pose after they signed a KTCU-KB Kookmin Bank principal bank business agreement Aug. 10. (Photo: Kookmin Bank) KB Kookmin Bank announced on Aug. 11 that it derived insights into inc…
President Park Sung-ho of Hana Bank. (Photos: Hana Bank)Hana Bank announced on Aug. 8 that it will launch the Small Business Support Project to give a helping hand to small business owners going through economic difficulties due to the prolonged COVID-19 situation and rev up local economies.This pro…
Woori Bank imparts real estate-related knowledge to the MZ generation in a fun way through YouTube. (Photo: Woori Bank)Woori Bank announced on Aug. 4 that it will participate in the 2022 D-Test Bed Project of the Fintech Center Korea under the Financial Services Commission. Woori will provide f…
NH NongHyup Bank announced on August 10 that it held “Ring, Financial Golden Bell!,” the fourth stage of the N Kid & N Junior Course. (Photo: NH NongHyup Bank)NH NongHyup Bank announced on Aug. 11 that it held “Ring, Financial Golden Bell!,” the fourth stage of the N Kid & N Junior Cours…
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Policy/Politics
Lotte Group Chairman Shin Dong-bin presided over the Value Creation Meeting (VCM) for the second half of the year at Signiel Busan on July 14. Lotte Group Chairman Shin and Busan Mayor Park Hyeong-joon held attend an event to wish for attracting the …
An official with Korea Land and Geospatial Informatix Corporation (LX) demonstrates a cadastral resurvey decision-making system in a pilot project site in Yeongdo-gu, Busan, on July 26.Korea Land and Geospatial Informatix Corporation (LX) is stepping…
Korea Transportation Safety Authority (TS) has released guidance on how to prevent secondary damage that may be caused by inundated cars.As the number of flooded vehicles is expected to rise in the wake of recent downpours, Korea Transportation Safet…
Rep. Park Duk-hyum, a special envoy for President Yoon Suk-yeol, delivers President Yoon’s personal letter to new Colombian President Gustavo Petro as the Korean delegation paid a courtesy call on President Petro on Aug. 6. Rep. Park Duk-hyum, …


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