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Economy/Finance
President Kim Won-kyu of NH Investment and Securities Co.(Photo:NH I&S) Euro bonds worth 70.5 million euros with 10-year maturities issued by the Korea Expressway Corp on Sept. 27, 2006 have been liquidized seven months before their maturity date, investment banking sources said recently.  …
President Kim Chang-soo of Samsung Life Insurance Co. Samsung Life Insurance Co., South Korea's largest life insurer, said on Feb. 4 that it will purchase Samsung Electronics Co.'s entire stake in its affiliate Samsung Card as part of the conglomerate's efforts to streamline ownership. In a regula…
President Lee Kwang-goo of Woori Bank.(Photo:Woori Bank) President Lee Kwang-goo of Woori Bank said all employees should do his or her best for the to help expand net profit to 1.2 trillion won in the new year to boost the value of the bank so it can be privatized as early as possible. He made the …
Chairman Kim Yong-hwan of the NH Financial Group claps along with NH NongHyup Bank President Lee Kyung-seop, NH I&S President Kim Won-kyu, NongHyup Life Insurance President Kim Yong-bok, NongHyup Property & Casualty Insurance President Lee Yoon-dae, and others while participating in a ceremo…
Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KBFG) KB Financial Group’s 2015 net profit amounted to 1.698 trillion won, up 297.6 billion won or 21.3 percent YoY. Loan issuances rose 2 percent by its banking affiliate, KB Kookmin Bank in the 4th quarter, 2015, showing a healthy operation. …
Chairman Han Dong-woo of Shinhan Financial Group.(Photo:SFG) Shinhan Financial Group held its 2016 Management Forum at Shinhan Bank's Training Institute in Kihung, Gyeonggi Province on Feb. 8-9 with CEOs and key executvies of the group number some 510 attending led by Chairman Han Dong-woo. At the…
Chairman Hong Ky-ttack of the KDB Financial Group has been appointed a vice president of the Asian Infrastructure Investment Bank (AIIB), the finance ministry said Feb. 3. Hong Ky-ttack, who also runs the state-run Korea Development Bank, will serve as the chief risk officer of the AIIB. He will …
Korea Investment and Securities Co. (KIS) set up an investment banking group under its wing, naming Kim Seong-hwan, project finance headquarters manager, to head the group on Jan. 1, 2016. The new unit of KIS has been in charge of the corporate finance headquarters, the project financing headquarte…
Chairman Yim Jong-yong of the Financial Services Commission. Chairman Yim Jong-yong of the Financial Service Commission (FSC) said the financial community should break down its old practices of excessive self-protection and personnel policies based on the length of employment.  He made the re…
A slew of the key officials in the financial authorities and financial industry clap hands during the New Year Gathering held on Jan. 5 at Lotte Hotel in downtown Seoul. Seen among the dignitaries are Deputy Minister Choi Kyung-hwan who is also the Minister of Strategy and Finance, Chairman Yim Jong…
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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…


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