Hana Financial Group Chairman Ham Young-joo (center) and company officials make kimchi at the group's headquarters in Seoul on Wednesday, as part of its social outreach program, the "Everyone's Hana Day" campaign. Over the next two months, Hana plans to carry out diverse social contribution activities such as making braille tools for people with blindness or low vision, and offering educational programs for children. (Hana Financial Group)

South Korean stocks closed sharply lower for the third consecutive day Monday as investors' risk-off sentiment escalated amid geopolitical uncertainties and high US bond yields. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 17.98 points, or 0.76 percent, to close at 2,357.02. Trading volume was slim at 387.7 million shares worth 6.9 trillion won ($5.1 billion), with decliners beating gainers 593 to 283. "With no specific upward mome

Hana Financial Group Chairman Ham Young-joo (third from right), Vice Chairman Lee Eun-hyung (third from left), and other company officials unveil the Hall of Fame for top employees at Hana Global Campus in Cheongra, Incheon, Saturday. A total of 186 employees have been selected to honor their performance across sales, marketing and consumer satisfaction. The financial giant said the new launch aims to create a customer-first corporate culture. (Hana Financial Group)

South Korean stocks got off to a weak start Friday tracking overnight losses on Wall Street. The benchmark Korea Composite Stock Price Index lost 35.19 points, or 1.46 percent, to 2,380.61 in the first 15 minutes of trading. After the Federal Reserve Chairman Jerome Powell's hint at a further rate hike, US stocks closed sharply lower. The Dow Jones Industrial Average fell 0.75 percent and the Nasdaq Composite dropped 0.96 percent. In Seoul, market heavyweights led the decline. Top-cap Samsu

South Korean stocks jumped nearly 1 percent Tuesday as concerns over the Israel-Hamas conflict eased. The local currency slightly gained ground against the US dollar. The benchmark Korea Composite Stock Price Index added 23.93 points, or 0.98 percent, to close at 2,460.17, ending a two-session losing streak. Trading volume was moderate at 500.5 million shares worth 7.6 trillion won ($5.6 billion), with winners beating losers 582 to 281. Foreign purchases led the rally, as offshore investors scoo

Hana Financial Group Chairman Ham Young-joo highlighted the importance of sustainable financing during his meeting with the Dutch ambassador for sustainable development in The Hague, Netherlands, Friday. The Hana chief met with Ambassador Rene van Hell as part of his visit to Europe to meet with global investors. According to Hana, Ham and van Hell agreed on the need for "green financing" to transition to a decarbonized economy, in particular cutting down on carbon emissions in asset p

South Korean stocks closed slightly higher Friday ahead of the US payrolls data release. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index added 5.13 points, or 0.21 percent, to close at 2,408.73. Trading volume was slim at 284.6 million shares worth 6.36 trillion won ($4.71 billion), with gainers outpacing losers 652 to 220. Foreigners sold off a net 325.4 billion won worth of shares, continuing their selling streak for the 11th consecutive trading d

South Korean stocks opened higher Friday as investors await the US payrolls data, which will give clues for the Federal Reserve's future monetary tightening policy. The benchmark Korea Composite Stock Price Index added 10.86 points, or 0.45 percent, to 2,414.46 in the first 15 minutes of trading. Overnight, all three US indexes slipped as investors were on edge ahead of the release of monthly non-farm payrolls data to be released later in the day, which will be a decisive factor in forecast

From left: Hana Financial Group Vice Chairman Lee Eun-hyung, Korean Ambassador to Saudi Arabia Park Joon-yong and Saad Al-Khalb, CEO of Saudi Export-Import Bank (Saudi EXIM), pose for a photo after signing a partnership deal at the headquarters of Saudi's National Development Fund in Riyadh, Monday. Hana became Korea's first commercial bank to forge business ties with Saudi EXIM. The two institutes aim to expand financial cooperation to explore new global projects in the Middle East an

Hana Financial Group announced Thursday it will launch a five-year project, Hana-run day care centers, that are open 365 days, even 24 hours a day, with the aim of reversing South Korea’s continually falling birth rate. This new project is a part of the program, Hana Life Journey Support, which strives to alleviate the struggles shared by families going through life-changing events such as marriage, childbirth and aging. Aiming to tackle the nation’s record-low birth rate, Hana has f

K-pop girl band IVE performs during the Hana Playlist Concert held at Yonsei University in Seoul, Sunday. Other singers in the lineup included singer and producer Psy, folk duo MeloMance, ballad singer Sung Si-kyung and K-pop boy band Zerobaseone. The two-day event was hosted by Hana Financial Group as part of its ongoing cultural projects aimed at raising its brand awareness. (Hana Financial Group)

KB Financial Group is often referred to as a "big fish in a small pond," given its position as Korea's largest financial holding firm with a weak global presence. The group's new chairman candidate, Yang Jong-hee, aims to change this. According to KB, Yang’s global expansion plan focuses on two key areas: Normalizing KB's money-losing Indonesian subsidiary, Bank KB Bukopin, and further strengthening KB's Cambodian unit, KB Prasac Bank, which is already doing

Hana Financial Group’s Vice Chairman Lee Eun-hyung (center) and some 30 employees from its overseas affiliates pose for a picture as part of the six-day global workshop held last week at Hana Global Campus in Cheongna, Incheon. Under the theme “All Connected in Hana Global,” this year’s workshop aimed to solidify a sense of belonging among its overseas workers while introducing them to the group's current performance, future vision and sustainability managment projec

The chairman of Hana Financial Group met with foreign investors through an investor relations event held in Hong Kong, Tuesday to expand the Korean banking group's presence in the global financial market. At the event, Chairman Ham Young-joo shared the financial achievements of the financial group and mid-term growth strategies while boasting its sound asset quality and environmental, social, corporate governance (ESG) efforts. The two-day event wraps up on Wednesday. He also explained the

Hana Financial Group said dozens of university students had completed its annual training program aimed at nurturing ambassadors on its environmental, social and corporate governance activities. The banking conglomerate held the closing ceremony for graduates of its “17th Smart PR ambassador” program, who successfully carried out their missions this summer, at the company’s office in Myeong-dong, Seoul, on Thursday. Since June, 50 university students have worked as Smart PR a