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Lotte Group, Korea’s sixth largest conglomerate by total asset value, doubled down on profit-focused management for sustainable growth through a conglomerate-wide meeting in Seoul on Wednesday. According to Lotte, it held its half-yearly value creation meeting at the Lotte World Tower, where some 80 top executives from Lotte affiliates including Lotte Group Chairman Shin Dong-bin gathered to discuss business principles for the second half of the year as well as the conglomerate’s mid- to long-te
Shinhan Financial Group's board stepped up efforts to strengthen ties with global investors through a series of investor relations meetings in the UK, the banking group said Sunday. Shinhan Financial board Chair Kwak Su-keun led a five-day investor relations roadshow across London and Edinburgh from Monday through Friday. The investor relations event was held to outline the group's progress on its corporate value enhancement initiatives and governance strategy, while gathering feedback from glob
Financial Services Commission Chairman Lee Eok-won said Friday that authorities will move quickly to draw up plans to fully lift network separation requirements for financial institutions with sufficient artificial intelligence and cybersecurity capabilities. Lee made the remarks at an Information Security Day event hosted by the Financial Security Institute, where financial industry executives gathered to discuss joint responses to increasingly sophisticated AI-powered cyberattacks. "The tradit
Kakao Bank CEO Yun Ho-young visited Mongolia this week as part of President Lee Jae Myung's business delegation, making Kakao Bank the only commercial bank represented in the group, the bank said Friday. On Thursday, Yun attended the Korea-Mongol Business Forum in Ulaanbaatar and delivered an address titled "Beyond Banking, Into Every Life." In his speech, Yun highlighted how Korea's leading internet-only bank has driven innovation in the domestic banking industry through technology, lowering ba
Korea’s next artificial intelligence opportunity might not stop at chips, smartphones or devices. It may hinge on whether those devices can become the “bodies” for AI agents that operate computers and carry out work on behalf of humans. For Ang Li, CEO and co-founder of California-based AI agent startup Simular and a former Google DeepMind researcher, the shift now underway in AI is not simply from one chatbot to another. It is from AI that responds to users to AI that can use computers for them
SK Group Chairman Chey Tae-won is set to attend SK hynix’s Nasdaq debut ceremony in New York this week, as the chipmaker moves to court global investors on the strength of its AI memory business. He will be joined at the Friday morning event by SK hynix CEO Kwak Noh-jung and other senior executives, according to industry sources on Thursday. The event is expected to give SK hynix’s management a chance to brief investors on its AI memory business and longer-term growth plans. Chey’s attendance co
South Korea's leading private equity firm Hahn & Co. promoted two senior executives to C-suite positions on Wednesday as it moves to strengthen its core investment and portfolio management capabilities. Managing Directors Lee Dong-chun and Daniel Sung-Kwan Cho were promoted to Chief Portfolio Officer and Chief Investment Officer, respectively. Lee will oversee the management of the firm's portfolio companies, while Cho will lead new investments. Lee, a former vice president of Sony Korea's Devic
Innocean said Monday it has appointed Lee Il-seop, former director of Apple Korea, as the new CEO of its digital marketing subsidiary D.Plan360. Lee brings more than 25 years of experience in marketing and advertising across major domestic and global companies, with expertise spanning brand strategy, performance marketing and advertising technology. At Apple Korea, Lee led the company's Search Ads business, overseeing the launch and growth of its advertising business in the Korean market. He als
Hanjin Logistics said Monday that President Emily Cho delivered a keynote speech and participated in a panel discussion at the 2026 ICSB World Congress, one of the world's leading international conferences on small business and entrepreneurship. Cho spoke during the "Global Voices: Entrepreneurship Without Borders" session at the Rayburn House Office Building in Washington, D.C., on Wednesday, alongside global scholars and women business leaders. “Women entrepreneurs around the world seek not pr
Nearly a month after Jensen Huang said Nvidia had begun hiring for a Korea R&D center, the company’s latest local job postings suggest the US chipmaker is building a more concrete engineering presence around Korea’s core industries. A Korea Herald check of Nvidia’s official careers website found late-June postings covering robotics simulation, high-performance computing and automotive software, areas tied to Korea’s manufacturing, semiconductor and auto sectors. The newest Korea posting seeks a
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