consumer loan credit

Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The...

South Korea's POSCO International Corp. said on Thursday that it received its first-ever credit ratings from Standard & Poor's (S&P) and Moo...

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

South Korea's generative AI startup Liner said on Friday that its search service ranked 9th in the web services category of the Top-100 Gen AI Consu...

Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-, with a Stable outlook for both c...

South Korea’s household debt hit a record high in the second quarter as the domestic housing market started to recover and more consumers rush...

Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million units as of July this...

Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...

Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...

South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...

The US government said on Tuesday it plans to provide SK Hynix Inc., the world’s leading high-bandwidth memory (HBM) chipmaker, up to $450 mil...

South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...

LG Electronics Inc. announced that its premium lineup LG OLED evo TVs achieved first place in performance evaluations by consumer media outlets in...

Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as people dropped by smal...

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 ...

Lotte Card Co., South Korea’s No. 5 credit card issuer, is enjoying its first monthly profit in Vietnam after offering various financial produ...

South Korea's Shinhan Financial Group announced on Sunday that it established a disaster response system to provide swift and substantial assistance...

Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...

South Korea's Mirae Asset Global Investments said on Thursday that the net assets of its TIGER India Billion Consumer ETF surpassed 200 billion wo...

Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea's Kakao Corp., announced on Thursday that it started the Rocket La...

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...

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

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 is projected to reap more than $100 billion from selling the country’s consumer goods overseas this year. Exports of such products...

South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agreement to develop and...

Samsung Electronics Co. announced on Thursday it launched an Internet of Things (IoT) credit card in collaboration with KB Kookmin Card. The card us...

South Korean tech giant Samsung Electronics Co. seeks to borrow as much as 5 trillion won ($3.6 billion) from the state-run Korea Development Bank t...

Samsung Electronics Co. announced on Tuesday that the cumulative sales of its Bespoke refrigerator in the South Korean market have surpassed 3 milli...

South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...