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Economy/Finance
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¡¦
Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Shinhan Financial Group posted 3.156,7 trillion won in net profit in 2018, up 8.2 percent YoY. It is the largest net profit in its history, by affiliates such as Shinhan Bank, Shinhan Capital, and Shinhan Financial Investment, among ot¡¦
Chairman Yoon Jong-kyoo of KB Financial Group. (Photo: KBFG)KB Financial Group logged a net profit of 3.068 trillion won last year, down 7.3 percent YoY due largely to boosts in general expenses. On the bright side, the firm still notched more than 3 trillion won for two consecutive years.The financ¡¦
Chairman Kim Sung-tae of Hana Financial Group. (Photo: HFG)Hana Financial Group posted a record profit in 2018 amounting to 2.240 trillion won on consolidated basis, up 10 percent YoY,the largest since 2005 when the group was launched for the first time due mainly to substantial boosts in its major ¡¦
Chairman Kim Gwang-soo of NH Financial Group. (Photo: NHFG)NH Financial Group said its net profit in 2018 amounted to 1.218,9 trillion won, the largest in its history, up 41.8 percent YoY. It was the initial year for Chairman Kim Gwang-soo as the top manager of the financial group. NH Financial, lau¡¦
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Bank recorded one of its best-ever operating profits last year, totaling 2.019 trillion won in net profit in 2018, up 33.5 percent YoY, the bank announced on Feb. 11.The bank said its 2.29 trillion won operating profit for 2006 rema¡¦
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea said its net profit amounted to 1.764,4 trillion won in 2018, up 17 percent YoY, the largest in its history. The bank said it and its affiliates¡¯ outstanding loans with SMEs came to 151.6 trillion wo¡¦
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Industry/Energy
President Baek Jong-hoon of Kumho Petrochemical, Yeosu Mayor Chung Ki-myung and other dignitaries cut the tap at a ceremony to dedicate a CCUS facility at the first lubber plant of Kumho Petrochemical in the Yeosu National Industrial Complex last Jul¡¦
President Kim Dong-cheol of Korea Electric Power Corp. (KEPCO) gives a welcoming speech at a ceremony to open ¡°KEPCO Pavilion¡± at CES 2026 in Las Vegas, the United States, which took place form Jan. 6 to Jan. 9. (Photo: KEPCO) President Kim Do¡¦
A whole inside view of Korea Power Exchange¡¯s Central Power Control Center. (Photo: KPX)Korea Power Exchange (KPX) plans to launch a ¡°quasi-centrally scheduled load system¡± in which renewable energies and virtual power plants are used as scheduled¡¦
Chmn. Park Jeong-won of Doosan Business Group makes an inspection into the worksite of Doosan Enerbility in Changwon, Gyeongsangnam-do, on Feb. 11. (Photo: Doosan Group)In his New Year¡¯s message, Chairman Park Jeong-won of Doosan Group urged his bus¡¦


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