financial risk

Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

Com2verse, Com2uS Corp.'s metaverse subsidiary said on Tuesday that it has secured a strategic investment of 4 billion won ($3.1 million) each from ...

South Korean private equity firm Align Partners Capital Management Inc. is set to lead shareholder activism against the country’s top financia...

South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...

Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...

South Korea's Medicox Co. on Wednesday said it will raise 40 billion won ($32 million) to boost its unit for oral insulin and cannabidiol (CBD).The ...

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...

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

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

News that Beijing is finally scrapping its growth-killing “zero COVID” policy seems the equivalent of answered prayers for Asia. And it co...

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...

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 ...

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 Korea’s IMM Private Equity and Lotte Group are set to inject additional 100 billion won ($75.6 million) in Kosdaq-listed Hanssem Co., th...

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...

European real estate prices are adjusting, creating mispriced risk amid current market turbulence. This brings attractive opportunities for investor...

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...

South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...

South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...