GPT-3.5 version

Meritz Financial Group Inc. has reported its best-ever net profit for last year thanks to handsome gains from investments by its insurance and secur...

MSCI, a global index compiler, said on Wednesday it has removed 11 stocks, including Lotte Chemical Corp., from its Korea index without any addition...

Samsung Life Insurance Co., South Korea’s largest life insurer, and Samsung Fire & Marine Insurance Co., the country’s No. 1 non-lif...

The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...

KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder...

South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...

Seoul Guarantee Insurance Co. (SGI) has slashed its target valuation by about 40% in a renewed attempt to go public on the South Korean stock exchan...

South Korea’s mergers and acquisitions market is gearing up for two megadeals involving specialty gas makers, worth 5 trillion won ($3.4 billi...

The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December las...

Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...

China’s electric vehicle (EV) giant BYD Co. officially debuts in the South Korean passenger car market on January 16. BYD's first-selling...

LG Energy Solution Ltd. reported its first quarterly loss in more than three years on Thursday, adding to concerns that the world’s third-larg...

The Export-Import Bank of Korea (Eximbank) said on Wednesday it issued a total of $3 billion in global bonds, targeting worldwide investors.The matu...

Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand ...

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

German luxury carmaker BMW claimed the mantle of top imported car brand in South Korea for a second consecutive year in 2024, beating out rival Merc...

Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...

Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...

South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar...

South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 202...

Celltrion Inc. on Tuesday launched its contract development and manufacturing organization unit Celltrion BioSolutions Co. in its foray into the CDM...

South Korean cybersecurity firm RaonSecure Co. said on Monday it signed a $2.5 million contract with SBI Sumishin Net Bank, the largest internet ban...

South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...

SK Hynix Inc. will adopt the 3-nanometer process, the most advanced foundry technology available, to produce customized HBM4 chips in the second hal...

Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s cloth...

The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...

South Korea’s leading biosimilar developer Celltrion Inc. will break ground on its first contract development and manufacturing organization (...

South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian securities market th...

Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...

With the increase in international travel during the summer, overseas card spending by South Korean residents reached a record high in the third qua...