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POSCO Chairman Choi Jeong-woo. POSCO Group posted about 5.5 trillion won in operating profit last year, the best in seven years. The group surpassed the 60 trillion won threshold in annual sales for the second straight year.POSCO set the 2019 sales target at 66.3 trillion won. The group plans to rai…
Samsung Electronics Vice Chairman Lee Jay-yong shakes hands Rep. Hong Young-pyo, floor leader of the ruling Democratic Party of Korea (DPK), who toured the Hwaseong Campus in Gyeonggi-do on Jan. 30. (Photo: Samsung Electronics)Samsung Electronics, which is already a commanding leader in the global m…
Hyundai Motor Group Executive Vice Chairman Chung Ui-sun. (Photo: Hyundai Motor)Hyundai Motor Group Executive Vice Chairman Chung Ui-sun has been inaugurated as co-chairman of the Hydrogen Council. An article, contributed to the World Economic Forum by Hyundai Motor Group Executive Vice Chairman Chu…
LG Chem Vice Chairman Shin Hak-cheol.LG Chem, which has been leading the global lithium-ion battery market for the past 20 years, is expected to surpass the 6 trillion won threshold in sales last year for the first time on the back of rising demand for EV batteries. Business sources said LG Chem is …
A view of the Lotte World Tower, Korea’s highest landmark skyscraper. (Photos: Lotte Group)Lotte Group Chairman Shin Dong-binLotte Group Chairman Shin Dong-bin said, “(We have to) be thoroughly prepared with future predictions and each situation for our survival, and Lotte also should innovate to …
CJ Group Chairman Lee Jay-hyun presides over this year’s management strategy meeting in Japan. (Photos: CJ)CJ Group Chairman Lee Jay-hyun presided over this year’s management strategy meeting in Japan to strengthen the ramp up of the group’s global field management. Such a meeting took place in t…
CJ Group Chairman Lee Jay-hyun. (Photo: CJ)CJ Cheiljedang logged its best-ever annual sales and net profit last year with sales figures coming to 18.670,1 trillion won and net profit 925.4 billion won, up 13.3 percent and 124.5 percent, respectively, owing to its two leading sectors of operation, bi…
LS Cable & System (LS C&S) Chairman Koo Cha-yup. (Photos: LS C&S)LS Cable & System (LS C&S) achieved the best performance in winning orders in five years from markets around the world, including Europe, the Middle East and Asia, last year. The Korean cable maker saw sales soar to…
A slew of AmorePacific’s Sulwhasoo cosmetics in the Jinsul Line, a representative popular anti-aging cosmetics products made with the extracts from ginseng and red pines. (Photos: AmorePacific)Chairman Suh Kyung-bae of AmorePacific.Sulwhasoo, a luxury brand among AmorePacific’s anti-aging cosmetic…
President Hur Sae-hong of GS Caltex Corp., 2nd L, is seen on a recent tour of a jobsite of the oil company.President Hur Sae-hong of GS Caltex traveled to the oil refinery’s research institute and the Yeosu Oil Refinery for the first time since taking over the oil refinery’s top office on Jan. 2, …
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Economy/Finance
23일 동대문디자인플라자에서 열린 '코리아 핀테크 위크 2019' 개막식 참석자들이 기념사진을 찍고 있다.한국금융투자협회(회장 권용원)와 한국핀테크지원센터(센터장 정유신)는 ‘자본시장과 핀테크 세미나 : 로보어드바이저, AI'를 주제로 한 세미나를 5월24일(목) 오…
Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group plunged is looking to acquire Tongyang Asset Management and ABL Global Asset Management, the former Alliance Asset Management, in its first M&A move since it beca…
Chairman Cho Yong-byoung of Shinhan Financial Group.Shinhan Financial Group launched Shinhan AI, an artificial intelligence (AI)-based investment consulting company, the group said Feb. 18.The financial group set up an AI-specialized company as a sub…
President Jung Il-moon of Korea Investment Securities Co.Korea Investment Securities Co. is ready to take a crack at boosting its global operations and compete with global investment banks now that its global operations in Asia are on a solid foundat…


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