
AI-generated summary
Cheil Worldwide has received the highest rating in the Shared Growth Index since 2020, and has also been selected as the most honorable company for five consecutive years, which is given to the best company for three consecutive years. This is a first record in the domestic advertising and marketing industry.
Cheil Worldwide announced on the 13th that it received an 'Excellent' rating for 7 consecutive years in this year's Shared Growth Index evaluation by the Korea Corporate Partnership Committee, and that it also received an A (Excellent) rating in this year's ESG (Environment, Social, and Corporate Governance) evaluation by the Korea ESG Standards Service (KCGS).
Cheil Worldwide has consistently received the highest rating in the Shared Growth Index since 2020, and has been selected as the 'Best Honorary Company' for five consecutive years, which is given to the best company for three consecutive years. This is a first record in the domestic advertising and marketing industry.
This year, KCGS' ESG evaluation category ratings were A for environment (E), A+ for society (S), and B+ for governance (G), with the social category rising one level compared to last year (A). This was aided by the strengthening of human rights management practices, such as disclosing human rights management policies and mid- to long-term goals to the public.
Cheil Worldwide places mutual growth with its partners as its core value and strives to establish fair and transparent trading relationships and support practical growth. We have been operating a department dedicated to win-win cooperation since 2015, and we are continuing to provide practical support tailored to field demands, including reflecting improvements suggested by our partners in the business plan for the following year.
An official from Cheil Worldwide said, "We will continue to lead the industry's sustainable management through sincere win-win cooperation and advancement of ESG management."

South Korea held the inaugural meeting of a new task force chaired by First Vice Finance Minister Kwon Dae-young to develop policies reducing living costs and boosting real disposable income for wage earners, with four working groups covering support measures, taxation, fiscal policy, and finance.

SK Group Chairman Chey Tae-won announced that he is preparing a 'big tent' type permanent cooperation platform to continue promoting Korea-Japan economic solidarity. They proposed a 3-year, 5-year, and 10-year step-by-step economic cooperation roadmap, and argued for accumulating cooperation step by step until 2045 through the ASEAN Economic Community (AEC)-type model.

HJ Heavy Industries announced that it recorded cumulative sales of 2.044 trillion won, operating profit of 155.4 billion won, and net profit of 130.6 billion won in the third quarter of this year, thanks to improved profitability in the shipbuilding division and surplus in the construction division. Compared to the same period last year, sales increased by 46.3%, operating profit increased by more than 8 times, and net profit increased by more than 44 times.

As Nvidia CEO Jensen Huang suddenly resigned due to an affair scandal, Nvidia's market capitalization evaporated by $600 billion (approximately KRW 801 trillion) at one point during the day. On the New York Stock Exchange, the stock price closed at $166.19, down 4.3%, and the market capitalization was calculated to be about $4.013 trillion, down about $182 billion in one day. Thanks to the low-price buying trend, it barely managed to maintain the $4 trillion level during the day.

The government announced on the 13th that it had conveyed objections and concerns about technical regulations by the European Union, China, Indonesia, and India at the World Trade Organization (WTO) Technical Barriers to Trade (TBT) Committee.

The Korea Federation of Banks Chairman Candidate Recommendation Committee held a meeting at a hotel in Jung-gu, Seoul on the 13th and narrowed down the candidates for the next chairman to six people, including former Korea Exchange Bank President Kim Han-jo, former SC First Bank President Park Jong-bok, former NH Nonghyup Financial Group Chairman Son Byeong-hwan, former KB Financial Group Chairman Yoon Jong-gyu, former IBK Industrial Bank of Korea President Yoon Jong-won, and former Woori Bank President Lee Won-deok. The final candidate will be confirmed at the next meeting, and the term of current Chairman Cho Yong-byeong expires at the end of November.