Acuon Savings

South Korea's top mobile carrier SK Telecom Co. and Doosan Robotics Inc. have jointly launched an artificial intelligence-powered barista, SK Group'...

South Korea's electronics giant Samsung Electronics Co. has released a lineup of new air conditioners that consume less energy.At the "New Air Solut...

A study finds 90% of South Korea's Generation MZ, a demographic comprising millennials and Generation Z members born between 1981 and 2010, use cont...

Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...

The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...

South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 4...

SONDERBORG, Denmark – Denmark’s eco-friendly energy system provider Danfoss has made inroads into South Korea, installing its energy-eff...

South Korea’s leading steelmaker POSCO Group reignited its No. 4 blast furnace at its Gwangyang plant on June 10. The blast furnace has been u...

Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...

The sliding yen has prompted South Korean importers and households to go bargain-hunting for the Japanese currency, which they believe is near its t...

Environmental, social and governance (ESG) requirements are expected to drive high-performance chip demand higher, in particular from data center op...

A Korean startup about a year old has succeeded in creating a microchip that speeds up trading by a few microseconds -- a huge difference in the w...

Korea Post, South Korea's state-run postal service agency, said its savings arm will select two asset managers of an open-end commingled blind poo...

Korea Post's savings arm earned an 8.45% return on investments in the first half of this year, broadly in line with the average rate of return repor...

The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further reduce the proportion o...

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...

Korea Post’s savings unit plans to select two blind-pool infrastructure funds with focus on developed countries to invest up to $200 million, accordin...

A career bureaucrat and former administrator of South Korea’s National Radio Research Agency was appointed as chief investment officer of Korea Post’s...

The Construction Workers Mutual Aid Association (CWMAA) will acquire a language center building of the University of New South Wales (UNSW) in Sydne...

South Korea’s savings funds may come under direct supervision of the country’s top financial watchdog as the Financial Services Commission (FSC) is se...

The Public Officials Benefit Association and the Korea Scientists and Engineers Mutual-aid Association have decided to invest $50 million and $30 mill...

The Korean Teachers’ Credit Union (KTCU) will set up a $1 billion joint venture with the Teachers Insurance and Annuity Association of America - Colle...

Korea Post’s Savings Bureau has been shifting overseas investment focus into relatively low-risk assets such as fixed-income assets since last year to...

South Korea’s Construction Workers Mutual Aid Association (CWMA) will acquire 57 billion won ($51 million) worth of equity stakes in two domestic fund...

South Korea’s key savings funds have decided to put on hold investments in Europe shortly after the Brexit vote on the prospect of a further decline i...

The Police Mutual Aid Association (PMAA) has become the latest savings fund in South Korea in shaving the interest rate applied to long-term contribut...