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President Jeong Young-chae of NH Investment & Securities Co.NH Investment & Securities Co. (NHIS) has been selling the Fidelity Global Dividend Income Fund, which has been investing in a number of selected business firms around the world based on their dividend payment and large growth poten…
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President Lee Dong-cheol of KB Kookmin Card.KB Kookmin Card will no longer automatically issue paper receipts for transactions less than 50,000 won from July 1, as the credit card firm decided to introduce selective issuance system so cardholders can decide whether or not to get receipts for transac…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group is on the verge of launching a new CIB operation by integrating the investment banking units of its affiliates - Woori Bank and Woori Investment Bank - which will be the first such move of its rebirth as a financial …
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Chairman Sohn Tae-seung of Woori Financial Group and CEO of Woori Bank said he will go after M&As like never before to expand the group’s business scale in key financial areas such as insurance and securities. “Our M&As just beg…
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Chairman Jung Ji-won of the Korea Exchange. (KRX) (Photo:KRX) The stock market trading slowed somewhat even though the new tax on stock trading was put into force on May 30. Transactions amounted to 1.099,1 billion, a fall from the 1.383,9 billion trade transactions averaged daily in May.The daily t…
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President Lee Jin-kook of Hana Financial Investment Co.Hana Financial Investment Co. (HFI), an affiliate of Hana Financial Group, plans to boost its capital to around 4 trillion won and become a large investment banking firm. Its closest rival, Shinhan Financial Investment, has put off its plan to i…
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Chairman Kim Jung-tai holds a copy of an MOU signed with President Loie Le Guisquet of Oracle EMEA and JAPAN, for mutual cooperation on GLN’s successful launch of services and global expansion and collaboration on new technologies such as blockchain and AI, among others. (Photo: HFG)Hana Financial …
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group Co. reported a 7.1 percent increase in its net profit for the first quarter ending March from a year earlier, thanks to gains from the insurance unit, Orange Life Insurance, Ltd. it acquired last year.Shinhan Fi…
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Chairman Yoon Jong-kyoo of KB Financial Group. (Photo:KB Financial Group)KB Financial Group posted 845.7 billion won in net profit in the first quarter of this year a little down YoY but three times more than the preceding quarter, the group said on April 24.The group cleared that the Q1 net profit …
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A group of dignitaries led by Chairman Kim Jung-tai of Hana Financial Group, 3rd L, and leaders of local banks in Taipei, Taiwan, pose for a photo session at a launching ceremony of the Hana Bank’s overseas electronic payment service at the bank’s Taiwan branch on April 24. (Photo: Hana Financial …
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LG Chem CEO and Vice Chmn. Shin Hak-cheol and Sinopec Chmn. Hou Qijun applaud as both sides signed a deal to jointly develop core materials of the sodium-ion battery at LG Twin Tower in Yeouido, Seoul, Oct. 30. (Photo: LG Chem)LG Chem is joining forc…
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Vice Chairman & CEO Kim Jung-soo of Samyang Foods. (Photos: Samyang Foods)Samyang Foods, once a Korean ramen pioneer and legend, is making a splash in the global ramen market with Buldak Ramen, a spicy ramen brand. Buldak Ramen has establish…
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Dignitaries, including Chmn. Shin Dong-bin of Lotte Group and Indonesian President Prabowo Subianto, applaud as they participated in a ceremony to dedicate a petrochemical plant, dubbed “Lotte Chemical New Ethylene (LINE),” in Cilegon on the island…
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Chairman & CEO Choi Jin-shik of the Federation of Middle Market Enterprises of Korea (FOMEK), Minister for Trade Yeo Han-koo and Malaysian Amb. to Korea Dato' Mohd Zamruni bin Khalid pose with other attendees at speaking at “2025 MME Internation…
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