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Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

Line Next Corp., a digital asset affiliate of South Korean online portal giant Naver Corp., has attracted $140 million in a funding round led by Cre...

SK Group is setting out for a new era, tapping younger leaders in their 40s and 50s to lead South Korea’s second-largest group in its mission ...

South Korea’s Samsung SDI Co. formed a new team to promote the commercialization of the all-solid-state battery (ASB), the so-called “ba...

Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...

The US-based in-vitro diagnostic device company Access Bio Inc. announced on Monday that it opened its second factory in Monroe Township, New Jersey...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...

South Korea's Woori Bank revealed on Tuesday that the Vietnamese corporation Woori Bank Vietnam opened its 22nd branch in Starlake, Hanoi. Star...

Koreans are piqued by banks raking in extraordinarily handsome profits and handing out generous bonuses amid the high-interest rate environment that...

The Goldman Sachs Group Inc. named YK Yoon, head of fixed-income, currency and commodities (FICC) of the Seoul office, as a new managing director (M...

South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...

South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...

South Korea’s financial regulator plans wider investigations into illegal short-selling trades by major foreign investment banks to ease conce...

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...

Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit ...

South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecutive quarters on a r...

KB Financial Group Inc., South Korea’s top financial holding company by assets, on Tuesday reported better-than-expected net profit in the thi...

Shares of HMM Co., South Korea’s No. 1 container line, are likely to fall as its main creditors exchanged perpetual convertible bonds (CBs) an...

South Korea’s central bank chief on Thursday said inflationary pressure in Asia’s fourth-largest economy may ease more slowly than earli...

South Korea's Woori Bank announced on Wednesday its Indonesian subsidiary Bank Woori Saudara is set to open a new outpost in Pekanbaru, Sumatra's Ri...

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...

Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that it unveils The Camping Gear Black Edition, tailored for camping enthusiasts.&n...

Lotte Wellfood Co., formerly Lotte Confectionery Co., has revised up this year’s Choco Pie sales forecast in India to 80 billion won ($60 mill...

South Korea's KakaoBank Corp. announced on Tuesday its decision to invest in Indonesia's digital banking entity PT Super Bank Indonesia.This move ...