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South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...

Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...

South Korea’s No. 2 fried chicken brand BHC Group is set to spend $255 million to acquire the Korean operations of Outback Steakhouse, an Aust...

Toughening regulations on big tech firms in South Korea are impacting the IPO timeline of Kakao Pay Corp. and Kakao Mobility Corp. According to the ...

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...

Swit Technologies Inc., the provider of team collaboration tool Swit, is near wrapping up its Series A funding round, having raised around $17.8 mil...

Kakao Mobility Corp., South Korea's most popular taxi-hailing app, has taken its first step toward a stock market debut, which is expected to value ...

Credit Suisse (CS) is taking one-fifth of the underwriting fees from South Korea's four big initial public offerings this month, including KakaoBank...

South Korean outdoor clothing retailer F&F Co. may not be able to sell apparel of TaylorMade Golf Co. in the country even after a $350 million t...

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., is delaying its planned initial...

South Korea’s financial regulator Financial Supervisory Service (FSS) on July 16 requested correction of Kakao Pay’s IPO registration st...

KDB Investment, in an announcement on July 5, has confirmed Jungheung Construction Co. as the preferred bidder for the acquisition of Daewoo Enginee...

South Korea-based Kakao Pay Corp. is set to make a trading debut on the country's main bourse next month -- just a week after its sister company Kak...

South Korean game developer Krafton Inc. has decided to lower its initial public offering share price amid criticism over its high valuation followe...

Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...

Kakao Pay Corp., aiming to list on South Korea's main stock exchange this year, has valued itself at as much as 16 trillion won ($14.4 billion), or ...

Kakao Pay Corp., a unit of South Korea's largest mobile messaging app Kakao Corp., submitted an application for its initial public offering with the...

LG Energy Solution Ltd. and SK Innovation Co. have reached an 11th-hour agreement to end their two-year legal dispute in the US over trade secret in...

South Korean chipmaker Magnachip Semiconductor Corp. announced on Mar. 27 that it has entered into a definitive agreement to be acquired by China-ba...

Last year's expansion of contactless technologies and services has created a new salary gap among key industries and companies in South Korea.  ...

Samsung Electronics Co. has announced that it will pay record-high dividends to its shareholders this year and raise dividends further in coming yea...

Samsung Biologics Co. delivered forecast-beating earnings this week, with its sales topping 1 trillion won ($905 million) for the first time in its ...

Alternative asset values have risen to burdensome levels due to strong demand, but the Teachers’ Pension in South Korea will continue to increas...

Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

Korea’s two largest display panel makers – Samsung Display Co. and LG Display Co. – are widely expected to suffer from the US ban on...

The National Pension Service is paying handsome performance bonuses to its internal investment staff after the world’s third-largest pension fun...

South Korea’s National Pension Service (NPS) will almost double the basic salary of its investment division heads by stages to 324 million won ($286,7...

The National Pension Service (NPS) is pushing forward a plan to raise the basic pay for in-house fund management staff by about 9% on average in 2016,...