KB Kookmin Bank is launching emergency support efforts to help residents in Gyeongnam recover from the recent heavy rainfall.On August 17, KB Kookmin Bank announced that it will provide urgent assistance to flood victims and emergency responders engaged in recovery efforts in the affected areas.The bank will first supply shelters (relief tents) to residents living in temporary evacuation centers. As recovery and relief activities ramp up, additional supplies, including emergency relief kits, wil

Baek In-cheon, the legendary former manager who achieved a .400 batting average in the inaugural season of the KBO League, has passed away, prompting deep mourning within the baseball community.According to the Korea Baseball Organization (KBO), Baek's funeral was held on the morning of the 17th at Dankook University Hospital in Cheonan, South Chungcheong Province.The funeral was conducted as a KBO funeral, marking only the second instance of its kind, following former KBO acting president Lee Y

Xi Jinping, the President of China, emphasized the need to actively respond to the challenges facing the country on August 17, as he praised former President Jiang Zemin's achievements in overcoming significant political and economic upheavals, including the Asian financial crisis. His remarks came on the 100th anniversary of Jiang's birth, coinciding with the release of July's economic indicators, which fell short of market expectations, highlighting a clear slowdown in China's economic growt

President Lee Jae-myung expressed his sorrow over the significant damage caused by the earthquake in eastern Indonesia.On August 17, he wrote on X (formerly Twitter), "I cannot help but feel deep regret upon hearing the news of the severe damage caused by the sudden disaster. On behalf of the South Korean government, I extend my heartfelt condolences to the victims and their families who have lost precious loved ones and their homes."He added, "As rescue and search operations are underway, I sin

폭염과 가뭄으로 농작물 가격이 상승한 가운데 남부지방을 중심으로 극한 호우가 이어지고 있다. 최대 성수기인 추석을 앞두고 상품성이 악화될 수 있다는 농가의 우려가 확산되고 있다. 17일 행정안전부에 따르면 경남과 전남을 중심으로 호우 피해가 집중되고 있다. 이날까지 1명이 사망하고 4명이 다쳤다. 중앙재난안전대책본부는 18일까지 20~60mm가량의 비가 추가적으로 내릴 것으로 예상했다. 이날까지 누적 강수량은 △경남 거제 813.0mm △경남 통영 685.5mm △부산 강서 437mm △제주 서귀포(진달래밭) 375.0mm △경남 사천 360.5

Samsung Fire & Marine Insurance is refining its healthcare business revenue model. The company is expanding its reach beyond providing health management services to policyholders by offering platforms to businesses and hospitals, as well as operating employee health management programs, thus venturing into business-to-business (B2B) operations.In the long term, the company plans to expand its business areas to include senior and home care in response to an aging society, and to connect personali

The role of insurance is expanding from 'post-coverage' to 'preventive care and health management.' With an aging population and an increase in chronic diseases, traditional methods of providing insurance payouts after illness are becoming insufficient to meet diverse health management needs. Insurers are increasingly broadening their business areas to include health screenings, lifestyle management, chronic and severe disease management, and senior care.Samsung Fire & Marine's healthcare team c

A surge in the construction of artificial intelligence (AI) data centers may emerge as a significant new source of carbon emissions, according to a recent analysis.The Financial Times reported on August 16 that an examination of 60 data centers being developed by Amazon, Microsoft, Google, and Meta in the United States suggests that once operational, these facilities could emit approximately 101.5 million tons of carbon dioxide annually.This figure represents about 7% of the total carbon emissio

As real estate project financing (PF) issues impact both developers and trust companies, Coramco Asset Trust is taking a different approach. Instead of increasing exposure to high-risk completion guarantee land trusts, the company is focusing on development projects backed by REITs and institutional investors.According to industry sources, Coramco is showcasing its 'trust-type developer' model through the 'Gangnam Station L Project' in Seocho District, Seoul. Unlike traditional developers that e