banking-as-a-service

Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...

Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...

Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...

LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...

Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...

Michael ByungJu Kim, the co-founder, partner and chairman of Northeast Asia-focused private equity firm (PEF) MBK Partners Ltd., is expected to leve...

Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...

South Korea will lift restrictions on banks' purchase of domestically issued foreign currency bonds, dubbed “kimchi bonds," as part of policy ...

South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...

Blackstone and HarbourVest Partners are South Korean institutional investors’ preferred private equity firms, according to a survey by Korea I...

South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...

South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...

EQT, the largest private equity firm in Europe, is setting its sights on healthcare, technology companies and business service providers in South Ko...

With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...

Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...

South Korea plans to allow companies listed on the local stock market to trade virtual assets, including cryptocurrencies, on a pilot basis in the s...

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024...

South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...

South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...

Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...

Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

South Korea's autonomous robot startup Neubility and Samsung C&T Corp. said on Wednesday that they began to offer door-to-door delivery in apa...

The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...