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Economy/Finance
Chairman Kim Gwang-soo looks back at the initial year of his achievements at a media briefing session on May 8.(Photo: NHFG)NongHyup (NH) Financial Group Chairman and Chief Executive Kim Gwang-soo said May 8 the group will strengthen its business by reorganizing its nonbank assets and seeking opport…
President Jin Ok-dong of Shinhan Bank.Shinhan Bank has decided to go ahead with its plan to use AI technology for the automation of its operations, this time on the analyses of documents and credit evaluations, for the first time in the commercial banking sector.The AI technology will be the first I…
President Choi Hee-nam of Korea Investment Corp. (Photo: KIC)The Korea Investment Corp. (KIC) said the KIC is expected to have its operational results for this year turned around to the “plus” side and post 7.5 percent growth after April, President Choi Hee-nam of told Korean media on April 30 at …
23일 동대문디자인플라자에서 열린 '코리아 핀테크 위크 2019' 개막식 참석자들이 기념사진을 찍고 있다.한국금융투자협회(회장 권용원)와 한국핀테크지원센터(센터장 정유신)는 ‘자본시장과 핀테크 세미나 : 로보어드바이저, AI'를 주제로 한 세미나를 5월24일(목) 오후 4:30부터 동대문디자인플라자 알림1관 국제회의장…
Chairman Cho Yong-byoung of Shinhan Financial Group.Shinhan Financial Group launched Shinhan AI, an artificial intelligence (AI)-based investment consulting company, the group said Feb. 18.The financial group set up an AI-specialized company as a subsidiary which the group registered at a court in S…
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group plunged is looking to acquire Tongyang Asset Management and ABL Global Asset Management, the former Alliance Asset Management, in its first M&A move since it became a financial group on Jan. 14. China’s Anbang I…
A view of an opening ceremony for KB Kookmin Bank’s branch in Gurugram, the state of Hariana, India, the bank’s first branch in India, held on Feb. 18 with some 200 related people attending led by President Hur Yin of the Korean bank, Korean Amb. to India Shin Bong-gil, and local dignitaries inclu…
President Jung Il-moon of Korea Investment Securities Co.Korea Investment Securities Co. is ready to take a crack at boosting its global operations and compete with global investment banks now that its global operations in Asia are on a solid foundation.The company will strive to become a leading do…
A scene from the 2nd Meeting of the Overseas Construction Orders Platform for 2019 held jointly by Korea Eximbank and the International Contractors Association of Korea on April 4 at the Korea Federation of Banks building in Myung-dong, Seoul. (Photo: Korea Eximbank)Chairman Eun Sung-soo of the Expo…
President Kim Won-gyu of eBest Investment and Securities Co.eBest Investment and Securities conducted an organizational reform recently, including the opening of the Global Business Dep’t and hiring an online specialist, Chung Seong-keun, to serve as managing director. President Kim Won-gyu took th…
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Policy/Politics
Deputy Prime Minister-Minister of Economy and Finance Hong Nam-ki speaks at a related ministers’ meeting in which he presided over at the Government Complex in Seoul on April 23. The meeting discussed how to provide financial support to the cash-str…
President Byun Chang-heum of Korea Land & Housing Corp. (LH).Prof. Byun Chang-heum of King Sejong University Department of Public Administration took office as president of Korea Land & Housing Corp. (LH) on April 29. New President Byun becam…
President Chang Joon-young of Korea Environment Corp. (K-eco). (Photo: K-eco)Korea Environment Corporation (K-eco)’s “telemetery monitoring system” (TMS) has proved to have properly managed air pollutants being emitted by 90 percent of smokestacks…
A view of the Gov. Yang Seung-jo of Chungcheong nam-do, 7th R, and members of his mission and top managers of the French company posing for a photo session after signing an MOU for $500 million investment to expand and newly build a poly propylene pl…


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