additional tier 1 bond Woori

ULSAN, South Korea -- It looks inevitable that S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will take a substantial revenue hit from...

Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...

Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...

Hanwha Solutions Corp., the flagship unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, is poised to raise as much as $1.5 ...

Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance its shareholder va...

South Korea’s economy slowed at a sharper-than-expected pace in the second quarter on sluggish private consumption and weak business investmen...

South Korea’s privacy authority is punishing AliExpress with measures including a $1.4 million fine for allegedly not providing measures to pr...

South Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectatio...

South Korea’s largest financial holding group KB Financial Group Inc. has logged its record quarterly profit in the April-June period, thanks ...

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

South Korean major bank Woori Bank said on Thursday that it raised $550 million by issuing additional tier 1 (AT1) hybrid bonds on July 17 with call...

Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., is set to issue an estimated 280 billion won ($203.2 million) wort...

SK Innovation Co., South Korea’s largest energy company, is set to become the industry leader in Asia through a merger with an affiliate while...

Hanyang Securities Co., a small South Korean brokerage firm, has been put on the market as its parent Hanyang University Foundation scrambles to kee...

POSCO Holdings Inc. aims to raise its corporate value through an ambitious scheme that entails securing 2.6 trillion won ($1.9 billion) through rest...

South Korea has set next year’s hourly minimum wage at 10,030 won ($7.3) – a 1.7% increase from this year’s 9,860 won, the second-...

The Korean won is forecast to continue its downward spiral and soften past the 1,400 threshold against the greenback this year, while the Bank of Ko...

Hanwha Systems Co., a leading South Korean defense company, said on Tuesday it has clinched a $867 million deal to supply its advanced mobile multi-...

Samsung Electronics Co. announced on Tuesday it has bagged a 2-nanometer AI chip foundry and package turnkey order from Preferred Networks Inc., a J...

The new chief executive of South Korea’s Gmarket Inc. on Monday pledged to drive the local retail giant Shinsegae Group’s online shoppin...

South Korea is considering teaming up with a global body formed to cope with China’s rapid expansion in the world’s wind power industry ...

The South Korean currency fell to its lowest level against the US dollar in 15 years in the second quarter amid growing uncertainties surrounding gl...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is seeing little demand for a Seoul-based new prim...

Money-losing SSG.COM, once the most popular online shopping mall in South Korea, is asking some of its employees to volunteer to leave the company f...

Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, has revised upwards its annual sales target for this yea...

South Korea’s initial public offerings in the first half of this year were oversubscribed 1,610 times, the highest-ever rate for a half-year p...

Cosmax Inc., South Korea's biggest cosmetics original development and design manufacturer (ODM), is considering building a new offshore plant in Lat...

South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...

Danggeun Market Inc., South Korea’s largest online flea market service provider, is expanding its online used-goods marketplace app Karrot acr...

Samsung Group is on track to rise to the top of biosimilar companies in the world and become South Korea’s largest drug maker for contract man...