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Economy/Finance
Chairman Hwang Young-key of the Korea Financial Investment Association. South Korean institutions and individual investors increased their holdings in overseas real estate assets over the past several years as part of moves to make up for losses amid falling profits from traditional domestic equiti…
President Kim Won-kyu of NH Investment and Securities Co. shakes hands with President Ralph Schlosstein of Evercore, a leading investment banking advisory firm in the U.S., after signing an agreement of strategic alliance in the U.S. M&A market on Aug. 31. (Photo:NHIS) NH Investment and Securit…
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…
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Policy/Politics
Presidential hopefuls include (from left) Moon Jae-in, Ahn Hee-jung, and Lee Jae-myung, the three on the tick of the Democratic Party of Korea (DPK) as well as Ahn Cheol-soo of the People’s Party,  Yoo Sung-min of the Barun Party, and Hong Joon…
The Korea Institute for Advancement of Technology (KIAT) hosts a forum on startups’ future innovation.  The Korea Institute for Advancement of Technology (KIAT) hosted a session at the Daegu Venture Center of the Daegu Technopark on March 8 to…
Second Vice Minister Woo Tae-hee of the Ministry of Trade, Industry and Energy (MOTIE) speaks at the inaugural session of the Nuclear Power Export Consultative Committee at the Seoul Palace Hotel on Feb. 3. (Photo: MOTIE) The government has joined f…
Minister Kang Ho-in of the Ministry of Land, Infrastructure and Transport (MOLIT). The Ministry of Land, Infrastructure and Transport (MOLIT) plans to pour 470 billion won into research and development to foster new industry businesses and brace for…


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