central banks

Kazakhstan, a Central Asian country 27 times the area of South Korea, did not have any modernized convenience stores until early this year.The count...

South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera opened its first store on August 8 at Central Chi...

Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...

South Korea's HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural gas (LNG-FSU).HD Hyu...

South Korea's LS Eco Energy Ltd. said on Friday that its Vietnamese unit LS-VINA has completed a supply of around 2,000 kilometers of overhead power...

South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...

HI Investment & Securities Co. was rebranded as iM Securities after it held an extraordinary shareholders' meeting at its headquarters in Yeouid...

South Korea's Hana Card announced on Friday that it partnered with Toss Bank to launch its first private label credit card (PLCC), the Toss Bank Cre...

Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...

South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...

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 KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...

Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...

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...

South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...

South Korea's Hana Bank and SK Telecom Co. held the final selection and inauguration ceremony for the second AI Startup Accelerator BootCamp at Spar...

Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors in a bid to seize n...

The time is ripe to prepare an interest rate cut as consumer prices are holding around South Korea’s target of 2%. But it remains uncertain wh...

South Korea's Air Premia Inc. announced on Thursday that it partnered with Alaska Airlines, the fifth-largest US carrier, through an interline agr...

South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...

South Korea’s Hana Bank is set to reduce new corporate loans despite rising demand to improve profitability and soundness after having increas...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said on Friday it has agreed with foreign exchange...

SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...

Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...

KB Bukopin, the Indonesian banking arm of South Korea’s Koomin Bank, extended its losing streak through the first quarter of this year, weighe...

South Korea's Shinhan Bank announced on Tuesday that it signed a memorandum of understanding with Hyosung TNS and LG CNS to implement future banking...

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...

The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...