Lee calls large, small firms’ cooperation ‘survival strategy’

Motor Company, Hanwha Ocean, Naver, Korea Aerospace Industries, LG Electronics, CJ ENM, Shinhan Financial Group and Pulmuone Foods. The cases spanned sectors from profit-sharing programs and defense

Seoul shares plummet over 7% on Middle East conflict fears; won sharply down

air carrier Korean Air nosedived 10.32 percent to 25,200 won and major travel agency Hana Tour Service lost 6.65 percent to 44,900 won. KB Financial Group, a leading banking group, fell 3.46 percent to

South Korean economy braces for Middle East fallout, banks step in

. Other major banking groups have launched similar monitoring and support measures as tensions ripple through global markets. Shinhan Financial Group said it has activated an internal monitoring system

Seoul shares continue record-breaking rally to close above 6,300 on strong chip gains; won at 1-month high

Samsung Biologics rose 2.2 percent to 1,766,000 won. However, food giant Nongshim sank 3.23 percent to 434,000 won and major banking group KB Financial Group fell 1.43 percent to 165,300 won. The Korean won

Mirae Asset tops W40tr in market cap

, only KB Financial Group, Shinhan Financial Group and Samsung Life Insurance remain larger among financial peers. The climb has been dramatic. A year ago, Mirae Asset traded at about 8,800 won per share

Brokerage stocks rally amid market upswing

) as of closing, surpassing Hana Financial Group at 36.54 trillion won. Having already overtaken Woori Financial Group earlier, it now trails only KB Financial Group and Shinhan Financial Group among

Long in tech’s shadow, Samsung's finance operations near W6tr profit

Earnings momentum lifts Samsung above KB, Shinhan, Hana and Woori Long overshadowed by Samsung’s high-profile tech affiliates, the group’s financial subsidiaries are emerging as a formidable earnings

Hyundai Card: From creative outlier to the big three

, adding that the two financial units had “newly designed and reshaped the foundation, form and size” of their businesses. Hyundai Commercial — Hyundai Motor Group’s lending arm, also overseen by Chung

KB Financial hits W60tr market cap

KB Financial Group has become the first Korean financial holding company to surpass a market capitalization of 60 trillion won ($41.55 billion), with its price-to-book ratio rising above 1 — a

Shinhan first Korean financial group to earn W1tr overseas

Shinhan Financial Group cemented its position as Korea’s leading global lender, with record earnings from overseas operations and expanding non-interest income, lifting the group to an all-time high