GlobalEconomic GlobalEdition

June 28, 2022

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The 'Biden’s people' in Korean distribution business world.

2021.01.27 13:46

As President Joe Biden, 46th US President, took office on January 20, Korean businessmen who are considered to be “people of President Biden”, have been receiving attention.According to Harim Group on the 25th, Harim Group Chairman Hong-guk Kim received an invitation to Biden's online inauguration which he attended. Senator from Delaware State Chris Coons of Democratic Party reportedly recommended Kim as a participant.Chairman Kim established an indirect contact with Joe Biden during his acquisition of a Delaware-based company where Biden served as a senator. Harim Group entered the US marke
[Interview] South Korean singer and actress Kim Se-jeong says she grew from starring in the hugely popular Korean TV show, ‘The Uncanny Counter’

2021.01.26 09:45

“‘The Uncanny Counter’ is a project that not only grew Do Ha-na but also KimSe-jeong.” South Korean singer and actress Kim Se-jeong showed deep affection towards her16-episode television series, “The Uncanny Counter.” She was also formerly amember of the K-pop girl group, Gugudan. “The Uncanny Counter” was a weekend television series that aired on OCN, a SouthKorean television network. The series ended on a high note on Jan. 24. Kimreceived attention for playing Do Ha-na, who is one of the “Counters” in theshow. A counter detects and fights evil spirits. From smoothly handling in
100 days since Hyundai Motor Group's Euisun Jung appointment. "Innovation to the Core"

2021.01.22 10:14

Euisun Jung, age 51, Chairman of Hyundai Motor Group, is speeding up the core changing process of company’s operation as he celebrates his 100 days in office on January 21. “Hyundai Motor of Euisun Jung” is now a figure of speech expressing company’s preoccupation with future prospects such as hydrogen and electric vehicles, urban aviation mobility (UAM), and robots, moving away from the image of a traditional automobile manufacturer. Chairman Chung sent an email to the group's executives and staff members on the 17th, 100 days after his appointment, “This is a situation where we need to
US Ambassador leaving Korea, “Korea is a good strategic partner of the US”

2021.01.20 13:10

"I often repeat that I received an amazing opportunity to serve as an Ambassador in Korea, and I am being sincere when I say that there is no place as good as Korea to serve as an Ambassador of the United States. And there is no better partner than Korea for the United States to form astrategic alliance with.” US Ambassador Harry Harris, who will resign his duties on the 20th, emphasized good memories about Korea and strong US-Korea relations at the 8th ROK-US Alliance Forum lecture held on the 19th. On the occasion of President Biden’s inauguration scheduled for January 20, Ambassador Harri
Chairman of Hyundai Motor, Euisun Chung purchased an apartment in New York worth 5.5billion KRW

2021.01.15 13:59

It was confirmed that Hyundai Motor Group Chairman Euisun Chung acquired a luxury real estate in a new apartment building in New York City, USA 15 months ago. According to a New York City real estate registration document obtained by Yonhap News Agency on January 13 (local time), Chairman Chung purchased a single apartment (condo) in Hudson Yard, west of Manhattan on October 29, 2019 worth 4,974,000,190.05 USD (about 5.47 billion KRW). It is a new 88-story building, completed in March 2019, and has a view of the Hudson River and Midtown City Center. Right next to the apartment is a honeycomb-
Deputy Prime Minister Hong Nam-ki on the 4th Round of Emergency Relief Handouts and a V-shaped Rebound

2021.01.13 13:41

“If payment of the 4th emergency relief subsidy is inevitable, it is desirable to provide selective support that focuses on the most affected groups rather than the entire population.” On January 10, Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki stated during his appearance on KBS 1TV program, "The 4th emergency relief payments are being discussed on the political level as current (third emergency relief support) of 9.3 trillion KRW will start from tomorrow and this year’s budget of 558 trillion won is at the starting stage of execution,” he said. “At this stage, i
Shin Chang-jae, Chairman of Kyobo Life Insurance, "This year is the year of 'two-handed management'"

2021.01.13 13:39

"As a starting point for two-handed management, this year was set as the year of 'building the foundation for success in the digital era."Kyobo Life Insurance Chairman Shin Chang-jae announced on January 11 that the company will continue to generate profits from the existing life insurance business through digital transformation and at the same time secure new growth engines by launching the 'two-handed management.” Kyobo Life Insurance held the “2021 Launching Company Management Strategy Meeting” at Kyobo Life's headquarters in Gwanghwamun and shared this year's management strategy based o

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S. Korea logs record current account surplus with U.S. and Southeast Asian

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