non-performing loans Korea

South Korea welcomed a record-high number of post-pandemic foreign tourist arrivals for a single quarter in the first three months of this year, but...

South Korea is projected to reap more than $100 billion from selling the country’s consumer goods overseas this year after such products&rsquo...

Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, is set to acquire China’s Dajia Insurance G...

South Korean tech giant Samsung Electronics Co. seeks to borrow as much as 5 trillion won ($3.6 billion) from the state-run Korea Development Bank t...

South Korea will inject 274.4 billion won ($200 million) into a state-run R&D project for semiconductor packaging technology, a key to producing...

Shift Up Corp., the South Korean game developer behind the global hit game “Goddess of Victory: Nikke,” could raise up to 435 billion wo...

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, said on Tuesday it signed a 2 trillion won ($1.4 bil...

Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as the holding company ...

Competition in the South Korean travel payment card market intensified as increasing overseas trips and cross-border shopping prompted credit card i...

South Korea’s National Pension Service (NPS) Chief Investment Officer Seo Won-joo has visited Japan and Singapore on his first overseas busine...

SK Group has put its shares in Korea Superfreeze Inc., a cold chain logistics company jointly owned by EMP Belstar and Goldman Sachs, on the market,...

Sajo Group, a South Korean seafood and fisheries conglomerate, has acquired Foodist Co., a domestic food ingredient and catering service provider, f...

LG Innotek Co., South Korea’s leading mobile camera module maker, is upping the ante to lead the automotive sensing market with high-performan...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said on Friday it has agreed with foreign exchange...

MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country&rsquo...

South Korea’s largest zinc smelter Korea Zinc Co. is accelerating its efforts to terminate its decades-long business relations with parent You...

The number of air passengers traveling between South Korea and Japan has surpassed 10 million in the first five months of this year, setting a new r...

Affinity Equity Partners will buy a 100% stake in South Korea’s second-largest car leasing company SK Rent-a-Car Co. for 820 billion won ($591...

Shein, a Chinese fast fashion online retailer, announced on Thursday its official debut in South Korea with the launch of its Korea-dedicated platfo...

Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun full-scale sales.Sin...

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...

LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...

The Kosdaq market under the Korea Exchange said on Wednesday it has canceled its preliminary approval for InnoGrid Co.’s initial public offeri...

Shinsegae Group, South Korea’s retail giant, on Wednesday launched sweeping top-level management overhauls for Gmarket Inc. and SSG.COM. to ti...

South Korean fashion company Handsome Corp. announced on Wednesday that it will open its first global flagship store System and System Homme Paris i...

South Korea’s national competitiveness ranking climbed eight notches to its highest-ever 20th thanks to a leap in the country’s business...

South Korea’s food prices were found to be the highest among the Organization for Economic Cooperation and Development (OECD) countries last y...

SEOUL—After enduring days of balloon bombardment from the Kim Jong Un regime, South Korea countered with an airwaves assault of it...

Kolmar Korea, a supplier to global cosmetics brands such as Estee Lauder, announced on Tuesday that it developed artificial intelligence (AI) techno...