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Economy/Finance
Chairman Hong Ky-ttack of the KDB Financial Group and also CEO of the Korea Development Bank.(Photo:KDB) Financial authorities have set out to reform the salary system of banks in Korea, with Korea Development Bank leading way by introducing a new salary system for its tellers and staff in charge o¡¦
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KB Financial) KB Financial Group¡¯s third quarter profit increased from the previous quarter, but less than expected at 440 billion won. Chairman Yoon Jong-kyoo said the group will always aim to top other financial groups in Korea, but it appear¡¦
KDB Chairman Hong Ky-ttack.(Photo:KDB) Korea Development Bank (KDB) and Korea Investment Corp.(KIC) have agreed to help Korean firms¡¯ operations overseas. A fund will be jointly set up partly with the purpose of globalizing Korean corporations at this time when the AIIB (Asian Infrastructure Inves¡¦
Chairman Kim Jung-tai of Hana Financial Group who won the 3rd Luxmen Award this year for his role in the merger of Hana Bank and Korea Exchange Bank and opening the new KEB Hana Bank on Sept. 1 well before the original schedule.(Photo:HFG) Chairman Kim Jung-tai of Hana Financial Group showed off hi¡¦
President Choi Kyung-soo of the Korea Exchange(KRX) The Korea Exchange (KRX) participated in the ¡°FIA Futures Option Expo¡± in Chicago, the United States, from Nov. 3-5 and marketed its derivative products at the international stock exchange event, the KRX said recently. Some 5,000 people from st¡¦
President Gwak Bum-gook of the Korea Deposit Insurance Corp.(Photo:KDIC) President Gwak Bum-gook of Korea Deposit Insurance Corp.(KDIC) said the company will sell its stake in Woori Bank as soon as possible to privatize the bank. The state-run insurance firm owns 51.04 percent of the bank¡¯s outsta¡¦
Chmn. Yoon Jong-kyoo of KB Financial Group and KB Kookmin Bank delivers his congratulatory speech at the bank¡¯s 14th anniversary ceremony of the merger with Korea Housing Bank. "We ought to improve our structure step-by-step to catch up with the leading bank,¡± Chairman Yoon Jong-kyoo of KB Kookmi¡¦
Chairman Han Dong-woo of Shinhan Financial Group.(Photo:Shinhan Financial Group) Shinhan Financial Group recorded a surprising third quarter net profit, posting 679 billion won, an increase of 11 percent year-on-year. The interest earnings fell due to the reductions in the net interest margin (NIM)¡¦
Chairman Kim Jung-tai (R) of the Hana Financial Group and President Ham Young-ju of the KEB Hana Bank celebrate the launch of the new bank by holding the flag of the new bank in a ceremony on Sept. 1 at the new bank¡¯s head office in Taepyong-ro near South Gate in Seoul.(Photo:HFG) Hana Financial G¡¦
Chairman Kim Yong-hwan of NH Financial Group. NH Financial Group posted net profit of 182.7 billion won in the third quarter, up 3 percent year-on-year, but when the fees for using the name to the National Agricultural Cooperatives Federation (NACF) are included, its Q3 net profit jumps to 248 bill¡¦
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IT/Science
President Hwang Hyun-sik of LG Uplus. (Photos: LG Uplus)LG Uplus announced on Oct. 3 that it is implementing a smartphone drone delivery service for the first time as a carrier. The service is aimed at customers living in island areas where fast¡¦
SK Telecom displays ¡°Quantum AI Camera¡± at its pavilion during 2023 Korean Government Expo that took place at the Busan Exhibition and Convention Center, BEXCO from Nov. 23 to Nov. 25. (Photo: SK Telecom)SK Telecom introduced diverse technologies a¡¦
Officials with SK Telecom repair the 400Gbps wired network at 5G backbone. (Photos: SK Telecom)SK Telecom said on Oct. 10 the telecom service provider commercialized and introduced 400Gbps wired networks. The conventional wired networks transmit¡¦
An image of the 2023 European Conference on Optical Communications (ECOC 2023) that took place in Glasgow, UK, from Oct. 1 to Oct. 5. (Photo: KT)KT displayed the latest optical communications technologies, such as optical internet parts, terminals an¡¦


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