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Economy/Finance
Chairman Jung Ji-won of the Korea Exchange.(KRX) (Photos: KRX)The Korea Exchange (KRX) is considering making ceremonies for newly listed companies more interesting and meaningful. The stock market authority thought the current celebration to mark the initial day of trading has been too rigid, mechan…
President Jeong Young-chae of NH Investment and Securities Co. (Photo: NHIS)NH Investment & Securities Co. won the 10th Comprehensive IB Award for the first time since 2016, which at the time was the third year in a row that the securities company clinched the award.The securities firm was recog…
President Lee Jeong-hwan speaks at the 15th anniversary ceremony of Korea Housing Finance Corp. on Feb. 28 at the Busan International Finance Center in Busan. (Photos: HF)In his congratulatory speech on the occasion of the company’s 15th anniversary, President Lee Jeong-hwan of Korea Housing Financ…
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Over the next four years Shinhan Financial Group is set to invest 1.7 trillion won in businesses that are heavily focused on R&D to pivot its paradigm to the development of high-tech industries.The financial group said on Feb. 20 t…
Chairman Yoon Jong-kyoo of KB Financial Group is seen with a number of employees on a visit to KB Kookmin Bank. (Photo: KB Bank)Chairman Yoon Jong-kyoo of KB Financial Group is out to strengthen his understanding of the group’s affiliates by holding one-on-one meetings with affiliate CEOs over brea…
President Ji Sung-kyoo of KEB Hana Bank.Hana Financial Group appears to have bowed to pressure from the Financial Supervisory Service (FSS) and deciding to dump the current head of its flagship banking unit, who has a thorny relationship with the regulator.The group nominated KEB Hana Bank Vice Pres…
Chairman Sohn Tae-seung of Woori Financial Group.Woori Financial Group will aggressively pursue acquisitions of nonbanking firms such as asset management, real estate management and mutual savings banks to boost its size and scale to compete with other groups, said Sohn Tae-seung, the group chairman…
President Lee Dae-houn, 2nd left, of NH Bank, meets with Director Allen Awoo in charge of the Banking Sector of the Hong Kong Financial Authority.President Lee Dae-houn of NH Bank, left, shakes hands with President Steven Phillips of the Hong Investment Office in Hong Kong. (Photos: NH Bank)Presiden…
Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photo: Kyobo life)Chairman Shin Chang-jae of Kyobo Life Insurance Co. has made a new proposal on the disposal of the shares held by the SE Private Equity and IMM PE totaling 4.92 million shares, or a 29.34-percent stake.According to IB sources on …
Chairman Eun Sung-soo of the Export and Import Bank of Korea (Eximbank)The Export and Import Bank of Korea (Eximbank) is ready to dish out some 62 trillion won in loans and guarantees this year, with a focus on the exploration of new markets for infrastructural projects both at home and aboard, Chai…
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Business/Company
One of the best-selling Korean ice cream products of all time, the World Cone, is an ice cream product made by Lotte Confectionery. Roughly 80 billion won of the product was sold last year, helping it retain its No. 1 position in the ice cream market…
A fascinating view of the blossoming of fireworks along the Lotte World Tower, the 123-story landmark skyscraper in Seoul on May 4.Lotte Group Chairman Shin Dong-bin (Photos: Lotte Group)Many people still recall a breathtaking fireworks event held on…
Samsung SDS President Hong Won-pyo reveals his company’s plan at the “Real 2019” the company hosted at Shilla Hotel in Seoul on May 8. (Photo: Samsung SDS)Samsung SDS is strengthening projects to help companies pursue digital transformation. The c…
Chairman Christopher Koo of LS Group.LS Group Chairman Christopher Koo visited Japan to strengthen business ties and seek opportunities with the company's partners.On his five-day visit, Koo was scheduled to meet with executives of partner firms of t…


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