The US New York Stock Market Records Mixed Closing as August Consumer Price Index (CPI) Impacts Dow, S&P, and Nasdaq
The New York stock market closed with mixed results on August 13, driven by the release of the August Consumer Price Index (CPI) figures. While the Dow index experienced a slight decline, the S&P and Nasdaq indices both saw gains. The Dow Jones Industrial Average concluded the day’s trading at 34,575.33, marking a decrease of […]
Ildong Pharmaceutical Appoints Vice President Lee Jae-joon as New Chief Operating Officer, Focuses on Business Reorganization and Growth Engines
Ildong Pharmaceutical Appoints Vice President Lee Jae-joon as New Chief Operating Officer Ildong Pharmaceutical has recently announced the appointment of Vice President Lee Jae-joon as its new chief operating officer (COO). Joining the company in 2022, Lee has played a pivotal role in the company’s global business, overseeing overseas strategy, sales, and business development. Lee’s […]
Mo Jae-kyung Appointed as President of Ace Insurance by Chubb Group
Mo Jae-kyung Appointed President of Ace Insurance Chubb Group, a leading insurance company, has announced the appointment of Mo Jae-kyung as the new president of Ace Insurance. Taking on his new role on September 1st, Mo will bring his extensive experience and expertise to lead the company towards further success. With a strong background in […]
Financial Companies Provide Emergency Assistance to Customers and Businesses Affected by Typhoon Kanun
Financial institutions have stepped up to provide emergency assistance to customers and businesses affected by Typhoon Kanun and heavy rainfall. In a bid to support the recovery of small and medium-sized enterprises (SMEs), IBK Industrial Bank of Korea has announced a special assistance program worth 300 billion won. This initiative aims to ensure a swift […]
Rise in Home Loans: Major Banks Experience Significant Increase in Mortgage Loans
Home loans at the five major commercial banks in South Korea increased by more than 300 billion won in July, primarily driven by demand for home mortgage loans. According to the financial sector, the total balance of home loans at KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup reached 678.57 trillion won by July 20th, […]
Lee Jae-yong, Choi Tae-won, Chung Eui-sun, and Koo Kwang-mo appear to support Busan Expo 2030 in France
▲ (From right) Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Eui-sun, LG Group Chairman Koo Kwang-mo, and Lotte Group Chairman Shin Dong-bin attend the Korea- Japan Business Round in March. [비즈니스포스트] Samsung Electronics Chairman Lee Jae-yong and the heads of the four major conglomerates are expected to […]
