Hana Bank’s foreign exchange trading room in Seoul, the largest in South Korea, completed its first extended trading session on Tuesday. Starting Monday, Korea extended its foreign currency trading hours, pushing the closing time from 3:30 p.m. to 2 a.m. the following day. This move is part of Korea’s strategy to enhance its financial market and attract more foreign capital, with won-dollar trading now available until 5 p.m. in London and 1 p.m. in New York. Additionally, foreign fin

Foreign investors’ net purchases on the South Korean stock market during the first six months of this year surged to an all-time high of over 23 trillion won ($16.6 billion), according to the nation's sole bourse operator, the Korea Exchange, on Sunday. Overseas investors amassed a total of 23.28 trillion won worth of local shares in the first half of this year, the highest since the Korea Exchange began compiling related data in 1998. The previous high was set at 12.23 trillion won

Hana Financial Group Chairman Ham Young-joo discussed the importance of green financing with Australia’s high-ranking government official in a meeting held in Canberra, the firm said Sunday. Ham met with Alex Heath, the first assistant secretary of the Australian Treasury’s climate and energy division, during his three-day visit to the country as part of efforts to expand the firm’s global presence. "Hana Financial has achieved nearly 45 percent of what was announced in it

Hana Financial Group Chairman and CEO Ham Young-joo met with overseas investors in Hong Kong via a two-day event to promote the banking group's strategies to elevate its corporate and shareholder values, the firm said Wednesday. At the event that took place Monday and Tuesday, Ham stressed how the market value of the financial group has increased since the announcement of the capital management and shareholder return plan in early 2023. It was the first global investor relations event for H

South Korean stocks opened sharply higher Friday backed by gains of big-cap tech and financial shares. The benchmark Korea Composite Stock Price Index rose 38.36 points, or 1.43 percent, to 2,727.86 in the first 15 minutes of trading. Overnight, the US stock market closed mixed as investors remained cautious ahead of key jobs data to be released later in the day, which will likely set the tone for the Federal Reserve's rate policy. In Seoul, market bellwether Samsung Electronics gained 0.9

Hana Financial Group has launched a team of honorary ambassadors composed of college students to promote the financial conglomerate, the firm announced Thursday. The 50 student representatives belong to the 18th team of the Smart Ambassador program. A total of 963 college students have participated in the program since it was launched in 2012. This year, one in 13 applicants was selected for the program. The team will promote the banking group's brand for three months until the end of Augus

JAKARTA, Indonesia, June 4, 2024 /PRNewswire/ -- HR Asia, the leading publication in the human resources industry, announces the winners of its prestigious HR Asia Best Companies to Work for in Asia 2024 - Indonesia awards. This year, a total of 70 outstanding companies have been recognized for their exemplary HR practices, showcasing their commitment to fostering a vibrant and diverse workplace environment. Congratulations to the Winners of 2024 Indonesia HR Asia Best Companies to Wor

Hana Financial Group announced Tuesday that its mobile currency exchange service, Travlog, has surpassed over 5 million subscribers, with the total amount exchanged exceeding 1.9 trillion won ($1.39 billion). Launched in July 2022, Travlog is a digital service that allows users to exchange currency at any time without time constraints, eliminating the need for physical currency exchange during overseas travel. The service offers a range of benefits, including favorable exchange rates for 41 di

South Korean stocks closed almost flat Thursday as an increase in big-cap semiconductor shares was offset by hawkish tones in the latest minutes of the US Federal Reserve. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index edged down 1.65 points, or 0.06 percent, to close at 2,721.81. Trade volume was moderate at 421.6 million shares worth 11.3 trillion won ($8.3 billion), with losers beating winners 530 to 349. Individual investors and institutions un

South Korean stocks opened lower Thursday, tracking overnight losses on Wall Street spooked by hawkish tones in the latest minutes of the US Federal Reserve. The benchmark Korea Composite Stock Price Index shed 15.57 points, or 0.57 percent, to 2,707.89 in the first 15 minutes of trading. In the United States, S&P 500 fell 0.3 percent, the Dow Jones Industrial Average lost 0.5 percent, and the tech-heavy Nasdaq Composite went down 0.2 percent as the Fed minutes showed the disappointment of i

Hana Financial Group Chairman Ham Young-joo (fourth from right) pose for a photo with company employees and their parents at a concert held at Olympic Park in Seoul on Tuesday. The group arranged a music concert, inviting employees who have shown outstanding performance in their work and their parents. (Hana Financial Group)

Hong Kong stocks surged to a 10-month high Monday, continuing a bullish rally and sparking hopes of South Korea's recovery from significant losses tied to equity-linked securities tracking the Chinese index. The Hang Seng China Enterprises Index, tracking major Chinese stocks on Hong Kong's main bourse, reached an annual high of 6,954 on Monday, setting daily records. The following day, it opened slightly lower at around 6,909, but this was still 38 percent up from January's annua

Foreign holdings in South Korean banking groups' shares have surged to a record high, driven by government and corporate efforts to boost local stock values. Industry reports indicate that the average foreign ownership of shares in four major local finance groups -- KB, Shinhan, Hana and Woori -- reached 62.7 percent Friday, marking an all-time high. This figure reflects a 3.1 percent increase from the end of last year, significantly higher than the average 1 percent increase observed on Ko

South Korean stocks slumped more than 1 percent Friday as investors locked in profits from a recent rally caused by hope for a rate cut by the Federal Reserve. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index fell 28.38 points, or 1.03 percent, to 2,724.62, snapping a two-session winning streak. It rose 0.83 percent on the previous day. Trade volume was moderate at 561.1 million shares worth 10.3 trillion won ($7.6 billion), with losers beating winne

Hana Financial Group Chairman Ham Young-joo joined the "Bye Bye Plastic Challenge" to increase awareness of the need to reduce plastic waste, according to the firm Wednesday. Appointed by Community Chest of Korea Chairman Kim Byong-joon, Ham joined the social media campaign, first initiated by the Ministry of Environment in August last year. Ham promoted the need to combat plastic pollution for the environment by holding discussions with Hana Financial employees at its office in centra