SBI Sumishin Net Bank

South Korea’s major banks expect their earnings in the second half to fall on the soaring distressed debts of households and companies due to ...

South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...

South Korea’s central bank chief on Thursday vowed to reduce household debt without causing a severe economic downturn as the Bank of Korea he...

South Korea’s top four banks posted sharp earnings growth in overseas operations in the first half of this year, buoyed by solid profits in In...

More retirees of the Financial Supervisory Service (FSS) are snagging new jobs at private companies such as the banks they regulated during their te...

South Korea’s central bank chief expected consumer inflation to fall below the mid-2% level in the second half of 2024, adding to predictions ...

South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...

Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...

Global banking giants’ South Korean units saw their first-half earnings led by non-interest income and business expenditures. Citibank Korea&r...

The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...

Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...

Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is actively raising money via bond issuances and sale of prope...

UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...

The Vietnamese version of Webcash Co.'s fund management system "Branch," called "WE-MBA," has been launched. WE-MBA is integrated with 17 Vietnamese...

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...

South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...

South Korea’s KB Kookmin Bank on Sunday said it received final approval on Friday from Cambodia’s Ministry of Commerce to launch the int...

LG Electronics Inc. reduced its greenhouse gas emissions by 220,000 tons compared to the previous year at both domestic and overseas facilities. The...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...

South Korea’s second-largest financial institution KB Financial Group Inc. achieved record-high quarterly net profit in the April-June period ...

South Korean battery materials maker EcoPro Co., the stock price of which has soared more than nine times on the junior bourse Kosdaq since Januar...

The Chinese corporation of South Korea’s Shinhan Bank on Thursday said it issued 500 million yuan ($69.6 million) in bonds, a first in China b...

Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...

Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...

Hyundai Steel Co., a unit under South Korean auto giant Hyundai Motor Group, is set to kick off research on hydrogen-based steelmaking as its new la...

KB Financial Group Chairman and Chief Executive Yoon Jong-kyoo brought up “glocalization” as a key strategy for its global expansion at ...

South Korea’s Kakao Pay Corp. on Wednesday said it started an overseas withdrawal service at automatic teller machines (ATM) in partnership wi...

South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...

Samsung Electronics Co. and South Korea’s four commercial banks – Shinhan, KB Kookmin, Hana and Woori – have agreed to help suppor...