banking sector earnings

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...

As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...

South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

Coupang Inc., South Korea’s No. 1 e-commerce platform facing fierce competition from Chinese rivals, dipped into the red in the first quarter,...

South Korea’s entertainment and content industries suffered from hasty expansions with investments of billions of dollars in the global market...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...

South Korea's Jusung Engineering Co. plans to spin off its semiconductor, solar, and display equipment businesses and transform into a holding com...

Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...

There is potential distress in the U.S. multifamily housing sector today.  we believe there is a window of opportunity over the next 12-18 mont...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...

Hyundai Glovis Co. expects an improvement in earnings this year from last year after reporting better-than-expected sales and operating profit in th...

South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end ...

South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...

South Korea’s SK Telecom Co. announced on Tuesday that it signed a memorandum of understanding (MOU) for cooperation in measuring social value...

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has completed the test operation of its first liquefied natural ga...

South Korea's LG Innotek and SK On have won the Edison Awards in the US for the second consecutive year. LG Innotek announced on April 21 that it r...

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...

Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...

Affinity Equity Partners, which holds a 69.64% stake in South Korean food container manufacturer Lock&Lock Co., is slated to buy most of the com...