basic pay

KT Corp., a major South Korean telecommunications company, and its affiliates had the largest subscribers of the country’s pay TV services, ma...

Hong Kong-based Baring Private Equity Asia is planning to raise a total of 674 billion won ($532 million) in loans for South Korea's Acuon Capital a...

South Korea's top online fashion platform Musinsa is in the last stages of talks to acquire a domestic rival that caters primarily to Japanese shopp...

The planned sale of Ssangyong Motor Co. to Edison Motors Co., a small South Korean electric bus maker, has broken down as Edison failed to make full...

Samsung Group family is set to sell a 3.9% stake in Samsung SDS Co. worth 390 billion won ($319.5 million) through a block deal. The seller is one o...

South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, on Monday reported a bigger-than-expected operating ...

Alex Young-joon Ryu, a nominee for new co-CEO of South Korea's top mobile messenger app Kakao Corp., on Monday offered to step down, after his dispo...

South Korea’s construction conglomerate GS Engineering & Construction Co. said on November 17 that it has selected Korean private equity...

Kakao Pay Corp. ’s stock tumbled after a strong debut on the South Korean main stock market as investors booked profits, keeping an eye on if ...

Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...

The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

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 ...

Hyundai Heavy Industries Co. teamed up with British engineering company Babcock International to develop South Korea’s first aircraft carrier....

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 ...