banking sector earnings

South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...

Hyundai Motor Co. and Kia Corp. said on Wednesday that Hyundai's electric compact sport utility vehicle (SUV) Kona EV and Kia's mid-size SUV Telluri...

It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...

The Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country’s economic growth f...

South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...

NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in N...

LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...

South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...

South Korea's KakaoBank Corp. said on Sunday it partnered with Thailand’s financial giant SCBX to establish a local virtual bank.   ...

South Korean solar cell companies such as Hanwha Q Cells Co. and OCI Holdings Co. are set to benefit from expanded subsidies covered by the US CHIPS...

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Kia Corp., South Korea’s No. 2 carmaker after Hyundai Motor Co., presented a brighter outlook for this year after posting record-high operatin...

Samsung Bioepis Co., Samsung Biologics Co.'s fully owned biosimilar subsidiary, is expected to post its best-ever annual revenue this year after sal...

South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...

South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...

K Bank, a South Korean online bank, has postponed its initial public offering (IPO) plan to list on the main bourse Kospi later this month.The digit...

South Korea’s major telecom company KT Corp. and the country’s leading financial newspaper The Korea Economic Daily have teamed up to sc...

South Korea's KB Kookmin Bank said on Tuesday that it issued €500 million ($545 million) in global covered bonds the previous day.Covered bonds...

K Bank, the digital banking unit of South Korean telecom giant KT Corp., aims to turn into an AI-based investment platform after going public later ...

South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...

Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, fo...

Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...

In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...

South Korea's Naver Pay announced on Wednesday that it partnered with Hana Bank’s global payment network subsidiary, GLN International, to lau...

South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task ...

Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...