Financial Life Guidebook for Foreigners

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country&rsquo...

Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...

CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...

Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...

South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...

South Korea’s top four financial holding companies – Shinhan, KB, Hana and Woori – reported stellar earnings for the first quarter...

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...

KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...

Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...

South Korea plans to issue up to $1.2 billion in foreign exchange stabilization bonds as early as June, in what would mark the new administration&rs...

Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...

JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co. and InnerGen Co. to roll...

South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...

South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and ...

South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...

South Korea’s government has announced emergency-support measures for the country’s auto sector, as it rushed to ease the impact of U.S....

The Incheon Free Economic Zone (IFEZ) Authority said on Monday that it attracted $309.6 million in reported foreign direct investment (FDI) in the f...

The South Korean stock market logged its biggest daily loss of more than 5% in eight months on Monday, joining its Asian peers bruised by panic sell...

South Korean entertainment and gaming stocks climbed on Friday, defying a broader market drop as investors sought refuge in sectors seen as immune t...

South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...

Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (...

The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...

US private equity firm Warburg Pincus LLC and South Korean real estate manager Wide Creek Asset Management Co. are building a logistics center for l...

More than half of the foreign shareholders in Hana Financial Group have thrown their support behind Chief Executive Ham Young-joo for a second term,...

BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...

Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...

South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...

Affinity Equity Partners and Singapore’s sovereign wealth fund GIC have sold their entire stake in Kyobo Life Insurance Co., exiting from thei...

IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for f...

South Korea said on Wednesday it plans to create a new visa to attract high-level foreign talent for advanced industries such as artificial intellig...