corporate restructuring

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

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

South Korea's SK Ecoplant Co. announced on Friday that its corporate carbon management platform Wayble Decarbon has obtained the country's first gre...

Doosan Bobcat Inc., a major compact construction machinery and equipment maker under South Korean conglomerate Doosan Group, will buy back its forme...

South Korea's KB Securities announced on Wednesday that its wealth management assets surpassed 60 trillion won ($43.6 billion) this month.This is fi...

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

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has filed for a preliminary revi...

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

The heyday of South Korea’s golf apparel market seems to be over with the end of the COVID-19 pandemic. Millennials and Generation Z, who had ...

SK Telecom Co., South Korea’s top mobile carrier, plans to introduce customized services to connect major large language models (LLMs) and cor...

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Thursday that its Marketing Optimization Platform (MOP), la...

South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...

South Korean trading firm LX International Corp. announced on Tuesday that it joined the United Nations Global Compact (UNGC) to strengthen its envi...

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

TOKYO – SoftBank Corp., which runs LY Corp., the operator of the popular mobile messenger app Line in Japan, said on Thursday it is in talks w...

South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...

South Korea's Hanwha Vision Co. announced on Monday that it joined the United Nations Global Compact (UNGC), an international initiative for corpora...

SARAWAK, Malaysia – OCI Group, South Korea’s leading chemical and green energy conglomerate, is expanding its polysilicon facility in Ma...

Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp....

Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea and undergoing ...

SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to sl...

SK D&D Co., a real estate unit of South Korea’s SK Group, announced on Tuesday that it signed a memorandum of understanding (MOU) with the...

Korea Land & Housing Corporation (LH) announced on Tuesday that it had issued Brazilian real-denominated bonds worth approximately 270 billion w...

Global investment bank Goldman Sachs said on Monday that it has named managing director Choi Jae-joon as the new chief of its Seoul office.Choi lead...

Corporate bond issuance in South Korea hit a record in the first quarter of this year amid growing expectations of the Federal Reserve’s rate ...

South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., is seeking renewed growth through corporate restructuring and ...

When IMM Private Equity Inc. acquired a 16.68% stake in South Korea’s top travel agency Hanatour Service Inc. for 128.9 billion won ($95.7 mil...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is spinning off its non-core units to focus on defense and aerospace b...