foreign currency account

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

Sales of high-bandwidth memory (HBM), the red-hot DRAM product essential to artificial intelligence devices, will significantly grow in the coming y...

Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...

South Korean brokerage firms expanded their net profits from overseas operations last year, backed by increased gains from their investment banking ...

South Korean retailers and hotels are enjoying a boom thanks to an expected surge in tourists at home and abroad as more than 180,000 foreigners are...

South Korea saw a record-high number of foreign tourists post-COVID-19 in the first quarter of 2024. The South Korean Ministry of Culture, Spor...

South Korea is desperately working for inclusion on a global major bond index to save the ailing won, the second worst-performer among emerging Asia...

South Korea’s top online portal Naver Corp. and Japan’s SoftBank Corp. will kick off talks this week, during which they are expected to ...

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

CJ Olive Young Corp., South Korea’s top beauty store chain, announced on Thursday that it will open Olive Young Hongdae Town, a specialty stor...

Gugus, South Korea’s largest online retailer of secondhand luxury goods, posted double-digit growth in revenue and transactions in the first q...

South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...

LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen l...

Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...

South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it's been two years and...

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering offering Catchtable ...

The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...

Korea Land & Housing Corporation (LH) announced on Tuesday that it had issued Brazilian real-denominated bonds worth approximately 270 billion w...

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s to...

LG Electronics Inc. is seeking to issue dollar-denominated bonds, its first global bond sale in 12 years, according to people with knowledge of the ...

KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits sp...

South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on strong overseas sales o...

Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...

Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major clearing houses for ...

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

South Korea’s top financial regulator said on Wednesday it will fine local major power plant builder Doosan Enerbility Co. 16.1 billion won ($...

South Korea's retail and travel platform Interpark Triple announced on Tuesday that it launched the travel platform Triple Korea for foreign touri...

South Korean retail investors, hunting for bargains, have flocked to shovel in the Japanese currency hovering around its record low value in anticip...