alternative credit scoring system

Hanwha Systems Co., a leading South Korean defense company, said on Monday it will export fire tactical control systems of K11 Fire Direction Center...

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

South Korean solar cell company OCI Holdings Co. said on Tuesday it has signed a deal with US power supplier CPS Energy to jointly build a 120-megaw...

South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

South Korea’s credit rating remained unscathed by the political turmoil caused by the short-lived martial law declaration of President Yoon Su...

The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...

Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...

LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...

The South Korean Ministry of Trade, Industry and Energy announced on Thursday the launch ceremony for Samsung Heavy Industries' autonomous demonstra...

South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...

South Korea's Samsung Heavy Industries said on Wednesday that it received Approval in Principle (AIP) for a liquefied natural gas (LNG) carrier equi...

Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low volta...

South Korean drone maker Alux Co. said on Monday its cumulative export contracts with the US and Japan have surpassed 7 billion won ($5 million). Th...

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

South Korea's CJ Logistics said on Thursday that it completed the construction of a large-scale cold-chain logistics center in the US and has begu...

South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...

Hyundai Engineering & Construction Co. (Hyundai E&C) said on Tuesday it has bagged a $725 million order to build a power transmission line i...

Rebellions, a South Korean artificial intelligence (AI) chip design startup, said on Friday its strategic partnership with Taiwanese Design and Manu...

Kia Corp., South Korea’s No. 2 automaker, on Monday unveiled a facelift of its Sportage to boost the sport utility vehicle (SUV) craze in the ...

South Korea's Hanwha Systems Co. said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co. to...

South Korea's HD Hyundai Infracore Co. said on Monday it partnered with Amogy Inc., a US-based ammonia-powered systems developer, and SK Innova...

Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...

Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...

The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...