Trading Bank

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

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...

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...

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...

POSCO International Corp. joined the "1 trillion won ($751 million) profit club" for the first time in 2023, powered by a near doubling of its energ...

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

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...

Global X ETFs, the New York-based provider of exchange-traded funds, will liquidate 19 ETFs, including 11 China-exposed funds, next month to stop th...

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 Korean trading firm LX International Corp. said on Tuesday that it has acquired a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP)&...

Aftershocks continue in the South Korean financial market following the country’s financial regulator’s ban on the trading of spot bitco...

South Korean investors’ years-long trading of spot-bitcoin exchange-traded funds (ETFs) listed in Canada and Germany was abruptly suspended du...

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

South Korea has struck a free trade agreement with the Gulf Cooperation Council (GCC), a group of six Arab nations, paving the way for Seoul to stre...

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

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...

The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from next year as the elec...

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

South Korean exports of semiconductors, the country’s top export item, rebounded in November, ending 15 months of declines and reinforcing exp...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

STX Corp., a South Korean general trading company, is expected to develop a Mediterranean port in Egypt and build grain silos at the port, a move ex...

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...