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Woori Financial chief issues stern profit order to Woori Investment Bank CEO

Woori Financial Group Chairman Lim Jong-ryong has ordered Woori Investment Bank to spearhead the efforts to boost the group's non-banking profitability, following a 1 trillion won capital injection through a paid-in capital increase last month to provide the securities arm with necessary ammunition. Since its launch in August 2024, Woori Investment Bank's e..

Korea’s GNI stalls in $30,000 band as experts urge reforms
South Korea’s per capita income has remained in the $30,000 range for more than a decade, as high exchange rates and slowing economic growth continue to li..

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