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Economy/Finance
Chairman Lee Suk-joon of NongHyup Financial Group and President Lee Suk-yong of NongHyup Bank pose for a photo while attending a ceremony to declare the future vision of NH All-One Bank, in celebration of topping 10 million in the number of customers at NongHyup Financial Group headquarters in Jung-…
Seoul Mayor Oh Se-hoon, Chairman Lee Bok-hyun of the Financial Supervisory Service, Chairman Jung Ji-won of the Social Contribution Consultation Committee of the General Insurance Association of Korea (GIAK), and presents of 14 general insurance companies attend a ceremony in which GIAKJ’s committe…
Chairman Park Hyeon-joo of Mirae Asset Group. (Photos: Mirae Asset Group)Mirae Asset Securities Chairman Choi Hyun-man, who founded Mirae Asset Group with Mirae Asset Group Chairman Park Hyeon-joo, has resigned from his position. His departure came 26 years after the financial group was established …
President Cho Byung-kyu of Woori Bank. (Photos: Woori Bank)Woori Bank announced on October 3 that it will introduce an AI inspection chatbot, an inspection knowledge search service for employees, based on natural language processing (NLU) technology that has learned data related to inspection work.&…
Woori Financial Group Chairman Yim Jong-yong poses for a photo with KDIC President Yoo Jae-hoon in a signing ceremony for the stock transfer agreement held at KDIC on October 5. (Photo: Woori Financial Group)Woori Financial Group and Korea Deposit Insurance Corporation (KDIC) announced on Oct. 5 tha…
Jeong Young-chae, CEO of NH Investment & Securities. (Photos: NH Investment & Securities)NH Investment & Securities and Korea Exchange (KRX) jointly hosted KOSDAQ GLOBAL IR Conference in Singapore and Hong Kong from Nov. 1 to Nov. 2, targeting global institutional investors. KOSDAQ …
Chairman Kang Seok-hoon of Korea Development Bank (KDB). Korea Development Bank (KDB) and Korea Ocean Business Corp. (KOBC) have changed HMM’s perpetual bonds worth 1 trillion won into shares. KDB said in a public notice on Oct. 20 the main creditor bank of HMM, the nation’s No. 1 contai…
President Yoon Suk-yeol presides over the 42nd Cabinet Meeting in which the amendment of the enforcement ordinances of the Act on the Protection of Depositors was approved on Oct. 10. (Photo: Yonhap News Agency)The deposit insurance protection of 50 million won is being applied to pension savings, a…
College students pose for a photo in a ceremony of the “2nd Shinhan Financial Group Big Data Hackathon,” at Centennial Memorial Hall of Sookmyung Women’s University in Seoul on Oct. 12. (Photo: Shinhan Financial Group)Shinhan Financial Group, which is led by Chairman Jin Ok-dong, announced on Oct…
KB Financial Group Chairman Yoon Jong-kyu poses for a photo with long-serving employees during a ceremony held in honor of the 15th anniversary of KB Financial Group at KB Bank’s headquarters in Seoul, on September 27. (Photo: KB Financial Group)KB Financial Group held its 15th anniversary ceremony…
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Industry/Energy
CEO Anwar A. Al-Hejazi of S-OIL. (Photo: S-OIL)S-OIL saw its Q3 operating profit improve noticeably on the back of a greater refining margin and rising international crude oil prices. S-OIL chalked up 8,999.6 billion won in sales and 858.9 billi…
President Joo Young-min of HD Hyundai Oilbank and Chairman Seung Beom-soo of Korindo Group pose after they struck a deal with to purchase 40,000 tons of palm fatty acid distillates at Koringdo headquarters in Indonesia on Oct. 31. (Photos: HD Hyundai…
President Kim Dong-cheol of Korea Electric Power Corp., (KEPCO)Korea Electric Power Corp., (KEPCO) struggling with 200 trillion won in debts, managed to post about 2 trillion won in operating profit in the 3rd quarter of this year, for the first time…
President Choi Yeon-Hye of Korea Gas Corp. (KOGAS). (Photos: KOGAS)Korea Gas Corp. (KOGAS) hosted Korea Best Innovation Contest 2023 (KOGAS BIC 2023) at the company’s headquarters in Daegu on Nov. 9.KOGAS BIC is an annual event designed to evaluate …


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