banking finance

Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...

South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wi...

South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...

Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...

South Korea’s logistics performance has ranked 17th in the world, marking its first entry into the top 20 nations, as assessed by the World Ba...

South Korea's Woori Bank on Monday announced the opening of its comprehensive advisory service line for foreign direct investment (FDI) designed for...

The Bank of Korea (BOK) has announced that it is in talks with companies to change the design of the “Gyeongju 10 won bread,” which rece...

More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...

Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...

South Korea's KakaoBank Corp. has begun its advance into Southeast Asia through a tie-up with a financial company in Thailand. KakaoBank on Friday ...

South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...

Goldman Sachs Group Inc. has slashed the target prices of South Korean top cathode stocks, namely EcoPro BM Co. and POSCO Future M Co., by nearly ha...

South Korea plans to discuss with Japan the re-establishment of their bilateral currency swap line, said its finance minister on Thursday, as the di...

Affinity Equity Partners’ Seoul office head Sam Lee has left the global investment firm, sources familiar with the matter told The Korea Econo...

South Korea's Ministry of Strategy and Finance announced on Friday that Kim Seong-wook, the ministry's Director of the Office of International Finan...

South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...

Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

South Korea’s SK Ecoplant Co. on Wednesday signed an agreement to join the first-stage, $4.5 billion construction of green hydrogen and ammoni...

Global investors will find opportunities to increase positions in private debt markets amid high interest rates this year and need to strengthen their...

The number of workers in South Korea's manufacturing sector is expected to drop by 240,000 over the next 10 years, a report says, caused by the decl...

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its ta...

Musinsa Co., South Korea’s leading online fashion platform, is in the final stage of attracting 200 billion won ($149.8 million) from US priva...

South Korea's Hanwha Aerospace Co. has invested in an Israeli start-up possessing anti-jamming technology to prevent interference in global position...

This isn’t going to be another history of the meltdown of Silicon Valley Bank. Dozens of those have appeared in my inbox over the past mon...

South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...

IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...

South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...