Treasury Department

South Korea's HD Hyundai Oil Bank Co. and Hyundai Department Store Co. have partnered to create a closed-loop plastic film recycling system, a first...

Investors tend to rush to fixed-income markets when recession risk rises. South Korean investors are no exception – retail investors have been...

Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...

Southeast Asia-based e-commerce platform Qoo10 Pte. has signed an agreement to acquire South Korean department store chain AK Plaza’s online s...

The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major clearing houses for ...

South Korea's low-cost carrier Jin Air announced on Friday that it will offer various benefits to passengers on its Japan routes until Mar. 24.Jin A...

The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage chosen to sell treasury bonds, the sale of which will be la...

French luxury brand Chanel abruptly suspended the operation of its boutique in the section of high-end brands within Galleria Department Store in an...

US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...

Five activist funds have joined hands to wage a proxy battle with Samsung C&T Corp., demanding additional share buybacks and dividend increases....

Hyundai Department Store Group, a South Korean major retail conglomerate, has unveiled the group companies’ dividend payout plans for the mid ...

SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...

South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

Shinsegae Department Store, South Korea’s leading retail business operator, said on Thursday its flagship store in Gangnam, an upscale distric...

South Korea’s retail giant Shinsegae Inc. on Wednesday carried out one of its most drastic executive reshuffles, replacing chief executives of...

CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...

Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...

Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...

Hyundai Motor Co. and Seoul National University have joined forces to cultivate talent in electric vehicle control and vehicle software, which are e...

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...

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...

CJ CheilJedang Corp., the South Korean food giant with more than 200 operations worldwide, has streamlined its organizational structure to facilitat...

BlueOval SK, the battery production joint venture between SK On Co. and Ford Motor Co., has provisionally secured up to $9.2 billion in policy suppo...

South Korea’s three-year treasury bond yield topped the base rate for the first time in two months, after the Bank of Korea (BOK) warned again...

Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...

South Korea’s online giant Naver Corp. reported better-than-expected quarterly earnings thanks to strong sales of Poshmark Inc. in the US. It ...