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Industry
Science ministry, DAPA hold future defense technology development results event
South Korea\'s Ministry of Science and ICT said it held a results presentation event with the Defense Acquisition Program Administration on June 25 at the Korea Chamber of Commerce and Industry. The event reviewed achievements from two technology development programs and discussed defense R&D directions for future battlefields with participants from the public, private and military sectors. Twelve selected projects were presented, followed by presentations and a discussion on applying advanced private technologies.
Finance
NH NongHyup Financial strengthens \'NH All One Derful\' brand for seniors
NH NongHyup Financial Holding said on Monday it will strengthen its senior-focused brand, NH All One Derful, launched in November to support retirement preparation and asset management. The group said it is introducing dedicated products across affiliates including banking, insurance, securities, asset management and a savings bank, citing new insurance and investment products and the sellout of a senior savings plan. It also highlighted retirement pension returns at NongHyup Bank.
Finance
KakaoBank target-switching fund hits goal in 45 days
KakaoBank said on Tuesday that its target-switching fund product introduced in November achieved its target return in 45 days. The fund automatically switches assets from relatively risky holdings such as equities to safer assets such as bonds once a preset return is reached. Its first fund hit a 6 percent target. KakaoBank is launching second and third funds, including an ETF-based product with a 7 percent target return.