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South Korea’s central bank on Friday raised interest rates by a quarter point to 3.5%, while signaling a further cut in its economic growth fo...

Woori Bank launched a 3D-based metaverse pilot service, the bank said on Friday.The bank will provide two services, one for interaction with small b...

South Korean stocks are gaining momentum at the beginning of the new year as foreigners have turned net buyers on expectations of China's border reo...

Shin Chang-jae, chairman and CEO of South Korea's Kyobo Life Insurance, has urged the overcoming of the economic crisis based on leadership of VUCA,...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufacturing industries i...

Com2verse, Com2uS Corp.'s metaverse subsidiary said on Tuesday that it has secured a strategic investment of 4 billion won ($3.1 million) each from ...

South Korean private equity firm Align Partners Capital Management Inc. is set to lead shareholder activism against the country’s top financia...

Beginning on New Year's day, Shinhan Bank started waiving all balance transfer fees to other bank accounts and automated transfer fees for its mobil...

When it comes to the banking sector's environmental, social, and governance (ESG) efforts, an industry veteran says the success depends on the chief...

A study finds 90% of South Korea's Generation MZ, a demographic comprising millennials and Generation Z members born between 1981 and 2010, use cont...

Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...

The Export-Import Bank of Korea (Eximbank) announced on Friday that it has signed a $1.2 billion project financing agreement with the Indonesian sta...

Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...

The art tech platform Tessa said on Thursday that it has succeeded in attracting strategic investment from Kyobo Securities Co. The amount of invest...

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...

Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...

Korea Electric Power Corp. (KEPCO) saw on Nov. 27 around 1.7 trillion won ($1.3 billion) worth of investor bids for its bond issuance targeting 400 ...

Korea Electric Power Corp. (KEPCO) is set to raise 600 billion won ($442 million) from a local bank in a plan to seek loans to secure money instead ...

SK Square Co. announced on Monday that Onmind Inc., one of its portfolio companies, raised 2 billion won ($1.5 million) from KEB Hana Bank. The...

South Korea’s education behemoth Kyowon Co. said it will unveil an animated film featuring its own characters, in a move to kickstart its inte...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...

South Korea’s Kyobo Life Insurance Co. focused on US direct lending market this year given the rising probability of a European market recessi...

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...

SK On Co., a South Korean battery maker, has raised $2 billion in bank loans to build its third plant in Hungary, a regulatory body said on Thursday...

A fresh 36.4 trillion won ($25 billion) was placed into bank accounts in South Korea in September, whereas 12.4 trillion won ($8.6 billion) was with...

South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...

South Korea’s first internet-only lender K Bank on Tuesday received preliminary approval from the Korea Exchange to go public on the country&r...