SBI Sumishin Net Bank

Macquarie Asset Management, part of Australian investment bank Macquarie Group, is set to buy Loca Mobility Corp., Lotte Card Co.’s subsidiary...

South Korea’s JB Financial Group Co. won a proxy battle against local activist fund Align Partners Capital Management on dividends and nominat...

LINE Corp. and Mizuho Financial Group’s plan to introduce an internet-only bank in Japan has fallen through about five years after they unveil...

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...

KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...

South Korean biotech GI Innovation Inc. is slated to debut on the local public market at less than half of its pre-IPO investment value, facing luke...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

The Export-Import Bank of Korea said on Thursday that it had signed a memorandum of understanding (MOU) with NuScale Power, a US company that develo...

Individual investors in South Korea this year have made net bond purchases, or the difference between the buying and selling amounts, worth over 7 t...

If anyone at South Korea's National Pension Service has been planning a 2023 vacation, it might be time to cancel. The recent collapse of Silicon...

BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...

Foreign investors bought more South Korean stocks in February, extending their buying spree to five months.The Financial Supervisory Service of Kore...

The Export-Import Bank of Korea said on Tuesday it has signed a three-year framework agreement with Saudi Arabian Oil Co.(Aramco), to provide up to ...

Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation fo...

K Bank, a South Korean Internet-only bank, reported a net profit of 83.6 billion won ($63.6 million) in 2022, which nearly quadrupled compared to th...

South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...

South Korea’s central bank held its policy interest rate unchanged on Thursday as it slashed forecasts for economic growth and inflation altho...

South Korea's Hanwha Aerospace Co. has secured technology to respond to threats from unmanned aerial vehicles such as drones.The company seeks the a...

Household loans in South Korea last year fell from 2021 for the first time in 20 years because of high interest rates, but credit card debt hit a re...

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

South Korean President Yoon Suk-yeol on Wednesday called for measures to stabilize mounting price pressure caused by "oligopolies" in the banking an...

Investment in South Korea is pouring into bond-type exchange-traded funds (ETFs) under the anticipation that interest rate hikes end this year. Such...

Banks in South Korea last month saw deposits plummet over 45 trillion won ($35.5 billion) from the previous month due to a decline in deposit intere...

South Korea's KakaoBank Corp. on Wednesday said its net profit last year reached a record-high 263.1 billion won ($208.6 million), up 28.9% from 202...

Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., posted a net profit last year for the first time since its ...

The net assets and trading volume of South Korea's exchange-traded funds (ETFs) this year have seen major growth.The Korea Exchange on Monday said t...

The South Korean won currency skidded to a four-week low on Monday as stronger-than-expected US employment data renewed expectations that the Federa...

Industrial Bank of Korea (IBK) will open an office in Poland in the first half of this year, with analysts saying the bank's president Kim Seong-tae...

South Korea's K Bank has withdrawn its highly anticipated plan to hold an IPO this year in the judgement of a lower corporate value due to the slugg...