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A group of dignitaries clap their hands at a seminar on June 8 where the announcement on the opening of K-OTC Market on July 1 is made by Chairman Hwang Young-key, 3rd R front row, of KOFIA.(Photo:KOFIA) Korea’s over-the-counter market (K-OTC) market is slated to open next month, helping investors…
Chairman Cho Yong-byoung of Shinhan Financial Group.(Photo: SFG) Shinhan Financial Group posted a net profit of 997.1 billion won in the first quarter, up 29.3 percent from 771.4 billion won in the same period last year. The result is a whopping 62.9 percent increase from three months ago and the h…
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo: KB Financial) KB Financial Group’s net profit for the first quarter of this year came in at an impressive 870.1 billion won, up 59.7 percent year-on-year.  The stellar performance was driven by higher interest income and fee and commissio…
Chairman Kim Yong-hwan of NH Financial Group shakes hands recently with an official while on a tour of the IT Center of the group.(Photo: NH Financial) NongHyup Financial Group Chairman Kim Yong-hwan said he always puts principles above all in solving problems. When he was a fourth-grade officer w…
President Kim Do-jin of the Industrial Bank of Korea(IBK).(Photo: IBK) The Industrial Bank of Korea (IBK) may be about to declare the highest dividend in its history this year, attracting the attention of stock market investors at home and abroad. On a consolidated basis with affiliates including …
Chairman Kim Kyu-ok of Korea Technology Finance Corp.(KOTEC) gives a speech on the 4th Industrial Revolution at the Korea Federation of Banks in downtown Seoul on April 27. Chairman Kim Kyu-wok of Korea Technology Finance Corporation (KOTEC) said that KOTEC will be at the forefront in helping techn…
Chairman Park  Hyeon-joo of Mirae Asset Group. Mirae Asset Daewoo Securities Co. has been moving fast to occupy an advantageous position to cope with the fourth Industrial Revolution including such progressive technologies as IoT, AI and self-driving autos. In partnership with domestic firms,…
 (left) KB Securities President Jeon Byeong-jo and President Yoon Kyung-eun. KB Securities plans to take a giant leap toward the massive expansion of its capital to around 4 trillion won, largely aimed at boosting its  investment banking operations. The securities arm of KB Financial Gr…
President Wi Sung-ho of Shinhan Card explains the advantages of the credit card firm’s FAN Pay Bots, an Artificial Intelligence(AI) consumption management service on March 15 President Wi has now been transferred to run Shinhan Bank as President and CEO. Shinhan Card officially launched the Artifi…
A model is with a “Digital Window” of Shinhan Bank which has been installed at the bank’s branches across the country saving paperworks for its customers and boosting productivity convenience and customers at the same time.(Photo: Shinhan Bank) "Please sign the documents on the areas that are hi…
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Business/Company
SK Innovation will begin to mass produce an EV battery capable of running 450 km per charge for the first time in the world. The mileage of the upcoming battery is more than 100 km better than the EV batteries that have been developed so far. The r…
Hyundai Mobis’s test-driving ground for self-driving cars debuted recently at a lot covering 1.12 million sq. meters in the Bio Well-being Special Zone in Buseok-myeon, Seosan City, Chungcheongnam-do. The car testing ground boasts 14 test tacks, …
A graph showing how Bi-directional chargers for plug-in vehicles work.(Photo: Hyundai Mobis) Hyundai Mobis has developed an on-board, bi-directional charger for plug-in vehicles. The bi-directional onboard charger (OBC) allows the vehicle to supply …
Late founder Woo Sang-ki of Sindoricoh Co. steadily upheld the motto of the Kaesong merchants; “No debts, and one well,” throughout his adult life in the running of his businesses. In line with the founder’s motto, the company never borrowed mon…


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