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Economy/Finance
Chairman Park Hyun-joo of Mirae Asset Group. Mirae Asset Daewoo Securities introduced a new service to take care of retirement savings more seriously for cases where those funds had been neglected. The company will confirm the earnings that owners aspire to achieve, and then draw up ways to attain…
President Ryu Sang-ho of Korea Investment and Securities Co.A view G Square, a multiple shopping mall, in Pyeongchon, Gyeonggi Province (Photos:KIS) Korea Investment and Securities Co. (KIS) took over G Square, a multiple shopping mall, in Pyeongchon, Gyeonggi Province, for 834.1 billion won, in wh…
President Chun Myung-ho of KB Investment and Securities Co. KB Investment and Securities Co. announced first-half sales amounting to 535.1 billion won, up 35.1 percent year-on-year, and operating profit of 43.3 billion won, down 3.3 percent year-on-year, doing far better than its rivals. Many inve…
Chairman Lee Soo-chang of Korea Life Insurance Association. Chairman Lee Soo-chang of the Korea Life Insurance Association (KLIA) said recently that life insurance policies should be the means to ensure a stable life for everyone after retirement, as not enough people are entitled to the national p…
President Choi Kyung-soo of the Korea Exchange, L, shakes hands with Chairman Lee Sush-dern of Taiwan Stock Exchange during their meeting on April 1 at KRX Seoul office to talk about mutual projects between the two stock exchanges. The Korea Exchange said on Sept. 5 that it will hold a campaign eve…
Chairman Kim Byung-won of the National Agricultural Cooperatives Federation. Chairman Kim Byung-won of the National Agricultural Cooperatives Federation (NACF) delivered strict instructions to the heads of local NACF units on how to get the best price for farm produce. He also asked local autonomou…
Managing Director Christine Lagarde of the International Monetary Fund. The International Monetary Fund (IMF) warned that Korea is faced with a number of large problems on its path to securing long-term growth, including old age, excess dependence on exports, excessive household debts and a twisted…
Chairman Yim Jong-yong of Financial Service Commission(FSC) delivers his speech at the Breakfast Gathering of CEOs held on June 16 at the Korea Chamber of Commerce and Industry(KCCI) in Seoul. A key matter in corporate restructuring is how interested parties take their share of losses. Chairm…
Chairman Han Dong-woo of Shinhan Financial Group. (Photos: Shinhan Financial Group) Shinhan Financial Group said recently that it is strengthening its digital business department to take care of the escalating demand for “smart” financial services. Earlier this year, the financial group launched…
Chairman Yoon Jong-kyoo of KB Financial Group joins the top officials of both Hyundai Securities and KB Investment and Securities at a gathering to celebrate the merger of the two securities firms on June 1.(Photos: KB Financial) Hyundai Securities will be a fully owned affiliate of KB Financial Gr…
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Policy/Politics
Chairman Yim Jong-yong of Financial Services Commission.(Photo: FSC) The FSC outlined its financial policy direction for 2017, focused on prompt and thorough response to financial market risks; financial support for stabilization of household liveli…
Rep. Song Seog-jun of the Liberty Korea Party speaks at a forum on how to overhaul a feasibility study system at the National Assembly Building. Rep. Song proposed a revision bill of the Act on the National Health Insurance Service (NHIS) that would…
Chairman Chung Ji-taik of the Korea Association of Machinery Industry (KOAMI), current vice chairman of Doosan Heavy Industries & Construction, speaks at a New Year’s gathering for those in the Korean machinery industry hosted by the Korea Assoc…
President Lee Hak-soo of Korea Water Resources Corp. (Photo: K-water) Korea Water Resources Corp. (K-water), marking its 50th anniversary this year, plans to ensure safety and welfare and nurture the water industry. In his New Year’s message, K-wat…


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