Financial Life Guidebook for Foreigners

BGF Retail, a franchiser that operates convenience store chain CU, said on Tuesday that it would implement an instant VAT refund service for foreign...

The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...

National Pension Service (NPS) of South Korea, the world's third-largest pension fund, has tapped Seo Won-joo as the new chief investment officer, a...

South Korea’s four leading biotech firms plan to launch an investment fund of up to 50 billion won ($39 million) to support smaller domestic b...

The South Korean government will double the value of its Fintech Innovation Fund, a source of financial support for the financial technology or fint...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...

South Korea's internet service provider SK Broadband has developed a new B tv remote control that can be recharged with significantly reduced chargi...

Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...

South Korean conglomerates, including LG Electronics Inc., will introduce their environmental, social, and governance (ESG) visions and strategies a...

South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekwang Industrial Co. f...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

South Korean retail giant Shinsegae Group Chairwoman Lee Myung-hee has maintained the most expensive house for an eighth straight year in South Kore...

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...

KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

China’s Dajia Insurance Group Co. seeks to divest of a full stake in its South Korean subsidiary ABL Life Insurance Co. with an estimated valu...

South Korea’s current account surplus plunged as exports fell for a second straight month, adding to concerns over a slowdown in Asia’s ...

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

In order to address the chronic shortage of industrial engineering manpower, a research report proposed that South Korea put more effort into attracti...

South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...

South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...

The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...

Samsung Heavy Industries said on Tuesday in a regulatory filing that it has sold a drillship to Saipem, an Italian offshore drilling company, for 29...

Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...

Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp dep...

South Korea will reform financial market regulations to attract more foreign investments and to achieve MSCI Inc.’s developed market status fo...