Banking & Finance

Woori Financial opens up DINNOlab Vietnam Center to promote fintech biz

Woori Financial Group launched DINNOlab Vietnam Center in Hanoi earlier this week, the Korean financial giant said Wednesday.

Apr 24, 2024By Anna J. Park

Woori Financial opens up DINNOlab Vietnam Center to promote fintech biz

Finance minister suggests overhauling bureaucracy with private-sector work culture

Korean Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok proposed adoption of the work culture of McKinsey, a multinational management consulting firm, in his drive to overhaul bureaucratic leadership and structures.

Apr 24, 2024By Yi Whan-woo

Finance minister suggests overhauling bureaucracy with private-sector work culture

Hanwha Life enters Indonesian banking sector

The investment is part of Hanwha’s plan to leap from the life and general insurance business to banking in Indonesia, getting closer to its goal of becoming a “Global Integrated Financial Group.” It chose Indonesia, which has both a growing economy and population, as a major base for expanding into the Southeast Asian market.

Apr 24, 2024By Yoon Ja-young

Hanwha Life enters Indonesian banking sector

SC Bank Korea offers special interest rate promotion for new customers

Standard Chartered (SC) Bank Korea offers a special interest rate of 3.5 percent for up to 60 days to new customers who open accounts with more than 30 million won ($21,770) by the end of this month.

Apr 23, 2024By Lee Yeon-woo

SC Bank Korea offers special interest rate promotion for new customers

Impact on HYBE's earnings to be limited despite dispute with Ador: analysts

HYBE's stock price turned bearish for two consecutive days amid a dispute between the K-pop powerhouse and Ador, its subsidiary label responsible for launching the hugely successful girl group, NewJeans. However, analysts predict that the incident will have only a limited impact on HYBE's earnings and the future musical endeavors of the girl group.

Apr 23, 2024By Lee Yeon-woo

Impact on HYBE's earnings to be limited despite dispute with Ador: analysts

Shares of wire, cable manufacturers rally on AI infrastructure demand

Shares of wire and cable manufacturers are on the rise, driven by the accelerated growth of artificial intelligence (AI), which requires more electricity to carry out data processing, and the price hike of copper, which accounts for 90 percent of wire and cable production.

Apr 22, 2024By Yi Whan-woo

Shares of wire, cable manufacturers rally on AI infrastructure demand

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Banking & Finance

Woori Financial opens up DINNOlab Vietnam Center to promote fintech biz

Finance minister suggests overhauling bureaucracy with private-sector work culture

Hanwha Life enters Indonesian banking sector

SC Bank Korea offers special interest rate promotion for new customers

Impact on HYBE's earnings to be limited despite dispute with Ador: analysts

Shares of wire, cable manufacturers rally on AI infrastructure demand

Young Koreans ditch SMEs, prefer conglomerates

Flex out, thrift in for Gen MZ as high cost of living hits home

Small business owners reel under soaring inflation

Hana Artverse 2024 honors artists with developmental disabilities

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