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Economy/Finance
President Hwang Sung-ho of the Woori Investment and Securities Co.signs an agreement with the Parallel Oilfield Fund of the United States to subscribe for its shares for stability and profit potential on Jan. 24 at the company’s conference room in Seoul.President Hwang Sung-ho of Woori In…
Minister of Strategy and Finance Bahk Jaewan, Chairman Kim Seok-dong and leading officers of the Financial Services Commission and financial institutions including banks and insurance firms are shown here during the New Year gathering hosted by FSC at Lotte Hotel in Seoul Jan. 3.The F…
Following are excerpts from a written interview with Director Park Bum-su, Ph.D, of the Agricultural Financial Policy Division of the Ministry for Food, Agriculture, Forestry and Fisheries in which he talks about the reform of the business structure of the National Agricultural Cooperatives Federati…
The Korea Exchange's KOSPI Index celebrated the 30th anniversary launched on Jan. 4, 1983. The photo is a scene from a ceremony for the launching of the derivative market at the stock exchange early in January with a number of dignitaries including Chairman Kim Seok-dong of the F…
Vice Chairman Park Keun-hee of Samsung Life Insurance Co.Vice Chairman Park Keun-hee of Samsung Life Insurance Co. will take charge of the company’s overseas operations personally from this year, as the overseas sector lags behind more than expected in his judgment since he took over the company’s…
President Suh Jin-won of Shinhan Bank.Shinhan Bank projects a banking environment with low interest rates and low growth in assets for this year and that profit levels may vary depending on how much effort each bank has put in this year. The bank described the tough banking environment as the ”new …
President Min Byung-deok of Kookmin Bank gives his New Year speech at a ceremony to kick off the New Year at the bank's head office in Yeouido, Seoul, Jan. 4.Kookmin Bank plans to step up its overseas operations this year, centering on advanced countries and emerging markets at the same time. I…
Hana Financial Group Chairman Kim Jung-tae delivers a speech at the “Start 2013 Event” at the Olympic Gymnastics Stadium in Seoul on Jan. 5. The gathering attracted about 10,000 employees from all subsidiaries of the financial group including Korea Exchange Bank, with which the financial group mer…
Woori Bank President Lee Soon-woo and his staff pay homage at the Hongnyu Royal Tomb, which is on the list of UNESCO World Heritage sites, in Namyangju, Gyeonggi-do, in which Emperor Gojong and his son and King Yeongchin, who served as the founder and the first president of the predecessor of Woori …
(from left) Export-Import Bank of Korea Chairman Kim Yong-hwan. Executive Director Nam Ki-sup,; Managing Director Sul Young-hwan,; and  Vice President Minh Heung-shik are among those who got promotions in the latest reshuffle.The Export and Import Bank of Korea projects the global economic…
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Policy/Politics
Chairman Choi Jong-gu of Financial Services Commission is seen presiding over a recent meeting.(Photo: FSC) Chairman Choi Jong-gu of the Financial Services Commission (FSC) said the organization is set to draw up measures to require listed firms to …
A view of the Seoul Station where the KTX Seoul-Gangneung High-speed Rail starts. The KTX Seoul-Gangeung High-speed Rail will shorten the travel time by 1 hour 26 minutes by the time the new high-speed rail is launched next month, bringing the Peong…
Administrator Jung Dong-hee of the Korean Agency for Technology and Standards (KATS) delivers a speech at a ceremony to mark the 2017 anniversary of World Standards Day in Seoul on Oct. 19.Dignitaires, including KATS Administrator Jung Dong-hee, atte…
A view of the interior of the Korea Express Situation Room where traffic conditions on major expressways around the country are forecast using Big Data, especially, during the major holidays like Chuseok and lunar New Year.(Photo:KEC) Traffic in Kor…


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