The Banks Foundation For Young Entrepreneurs

KB Kookmin Bank announced on Monday that it held an opening event for the integrated commercial bank KB Prasac Bank PLC in Phnom Penh, Cambodia, on ...

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

South Korean banks are accelerating moves to close branches given the growth in digital transactions and decline in offline customers but financial ...

Modern House, the top home decoration brand in South Korea, sticks to a unique rule for its store operations: one-third of the products on the shelv...

When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...

KB Financial Group and Kakao Bank, top players in South Korea’s offline and mobile banking sector, respectively, achieved their highest-ever p...

South Korea's leading poultry processor Harim Co. has walked away from a $5 billion deal to buy HMM Co., South Korea’s No. 1 ocean carrier, re...

Samsung Group’s fashion unit posted record profit and revenue for the second straight year in 2023. The fashion division, which logged deficit...

South Korea’s Hana Financial Group on Wednesday reported a dip in net profit in 2023, with record earnings at its flagship Hana Bank offset by...

South Korean banks are scurrying to suspend the sale of equity-linked securities (ELS) after the country’s financial regulator said it may con...

World Bank President Ajay Banga said on Thursday that South Korea needs to boost population growth by easing the fierce competition in education and...

South Korea’s CJ CheilJedang Corp. announced on Tuesday that it has developed a packaging material using biodegradable material polyhydroxyalk...

Talks to sell South Korea’s No. 1 ocean carrier HMM Co. to Harim Group, a leading poultry processor, have made little progress amid disputes o...

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

South Korea’s Viva Republica Inc. has recently invited a handful of domestic brokerage companies to give presentations to revive its IPO plan....

South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased...

South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...

Woori Financial Group, South Korea’s fourth-largest financial holding company, will reinforce its wealth management service for high-net-worth...

South Korea’s fintech platform Toss Bank said on Thursday it has launched commission-free foreign exchange services for the first time as a do...

South Korea’s central bank on Thursday hinted its policy rate may have peaked after leaving the rate unchanged for the eighth straight meeting...

Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...

LG Electronics Inc. announced on Friday the unveiling of a customer experience space called "Another Saigon" in Ho Chi Minh City, Vietnam, where the...

South Korea's health and beauty store chain CJ Olive Young announced on Thursday that it opened a pop-up store at @cosme Tokyo, Japan’s larges...

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

South Korean steelmaker SeAH Steel Holdings Corp. said on Thursday its UK subsidiary SeAH Wind Ltd. has won a £900 million ($1.1 billion) orde...

South Korea’s nonfarm payroll growth slowed in November after the country with the world’s lowest fertility rate marked its 13th straigh...

Palace Skateboards will likely join other foreign streetwear brands such as Noah, Supreme and Stussy, which have made their debut in South Korea, ta...

Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...

Samsung Electronics Co. has promoted Kim Yong-soo, vice president and former Google and Oracle software expert, to lead its smartphone and TV platfo...

The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest pace in t...