Park Hwa-jae Woori Financial

South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...

Affinity Equity Partners, a Hong Kong-based investment firm, will acquire a controlling stake in South Korea’s No. 1 car rental and leasing co...

South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or...

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...

Lotte Group on Thursday denied liquidity crisis rumors sparked by Lotte Chemical Corp.'s struggle to meet a bond redemption request after the South ...

Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...

It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...

South Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US investment banking group ...

The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...

South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) rights issue aimed a...

South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...

Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...

South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...

KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...

Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...

Kakao Mobility Corp., South Korea’s largest taxi-hailing app operator, announced on Friday that it signed a business agreement with Samsung C&...

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The ...

South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...

South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on ...

Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, fo...

HL Group, the construction-to-auto parts conglomerate in South Korea, will acquire the world’s sole outdoor self-driving parking robot-produci...

South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...

Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...