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Economy/Finance
Chairman Kim Jung-tae of Hana Financial Group. (Photo:HFG)Hana Financial Group said Oct. 26 its nine-month net profit rose 22.8 percent on year, helped by higher interest income and a sharp decline in loan-loss provisions. Net profit stood at 1.8 trillion won (US$1.57 billion) in the nine months end¡¦
Chairman Cho Yong-byoung of Shinhan Financial Group.(Photo: Shinhan Financial Group)Shinhan Financial Group¡¯s 3rd quarter net profit exceeded 840 billion won for three consecutive quarters, raising expectations that the group¡¯s net profit for the year may be around 3 trillion won for the first tim¡¦
Chairman Kim Kwang-soo of NH Financial Group.(Photo: NHFG)NH Financial Group said Oct. 26 that its net profit over the first nine months of 2018 soared 47.9 percent on-year, thanks to a decline in loan-loss provisions and robust interest income.Net profit stood at 1.07 trillion won ($936 million) fo¡¦
Chairman-designate Sohn Tae-seung of Woori Financial Group. (Photo: Woori bank)Woori Bank, a major South Korean commercial lender, said recently its third-quarter net profit soared 113 percent from a year earlier on the back of interest margin growth. Net profit came to 604.5 billion won ($529.2 mil¡¦
President Kim Do-jin of Industrial Bank of Korea. (Photo: IBK)The Industrial Bank of Korea (IBK) said recently that its third-quarter net profit gained 15.9 percent from a year earlier, largely due to a decline in loan-loss provisions. Net income stood at 523 billion won ($459.3 million) on a consol¡¦
President Lee Chae-kwang of Korea Housing and Urban Guarantee Corp. (Photos: HUG)Lee Chae-kwang, Korea Housing and Urban Guarantee Corp. (HUG) and CEO Mike Forster, Wilson Center COO, signed an agreement in a ceremony at the Wilson Center on August 16, 2018, to launch a joint research initiative on ¡¦
Chairman Yoon Jong-kyoo of KB Financial GroupKB Financial Group posted 953.8 billion won in net profit in the 3rd quarter, up 6.3 percent YoY with the figures close to 1 trillion won, keeping its position as a leading financial group in Korea by beating it s closest rival Shinhan Financial Group wit¡¦
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Policy/Politics
President Lee Jae-myung shakes hands with Chinese President Xi Jinping prior to their summit talks at the Gyeongju National Museum on Nov. 1. (Photos on the courtesy of the Presidential Office)APEC 2025 Korea, which took place over a four-day run in ¡¦
CEO Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM) poses with attendees as they participated in the ¡°Ocean Climate Change Surveillance and Prediction Forum¡± at Kensington Hotel in Yeouido, Seoul, on Oct. 22.Korea Marine Environm¡¦
Geyongsangbuk-do Gov. Lee Cheol-woo. (Photos: Gyeongsangbuk-do)The Gyeongsangbuk-do provincial government has unveiled next year¡¯s 14,036.3 billion won budget plan, focusing on investments in five core areas by capitalizing on the successful hosting¡¦
President Jung Ki-suck of the National Health Insurance Service poses for a group photo with other attendees as they participated in the ¡°NHIS UHC Global Academy 2025¡± at the Oak Valley Resort in Wonju, Gangwon-do, which took place from Nov. 3 unti¡¦


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