financial services

Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoi...

South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...

South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...

South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...

Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...

IMM Private Equity has divested its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115 million), exiting the South Korean fi...

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

In South Korea, businesses handling livestock by-products have lacked investor appeal. They were usually mom-and-pop businesses and appeared to hold...

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

South Korea's autonomous robot startup Neubility and Samsung C&T Corp. said on Wednesday that they began to offer door-to-door delivery in apa...

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...

South Korean pension funds are raising their bets on infrastructure and global stocks, while reducing exposure to the domestic stock market on a dow...

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, launched the beta service for off...

South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service usin...

Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...

South Korea's online fashion platform Musinsa said on Monday it signed a memorandum of understanding (MOU) with Japan's Zozo, the operator of online...

South Korea’s top mobile carrier SK Telecom Co. said on Friday it will invest $3 million in Twelve Labs Inc., a Korean AI-powered video analys...

Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...

Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitabilit...

South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...

The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...

LG CNS Co., the information technology service unit of South Korea’s LG Group, plans to acquire a foreign IT company with the proceeds from it...

South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...

Affinity Equity Partners, a Hong Kong-based investment firm, will acquire a controlling stake in South Korea’s No. 1 car rental and leasing co...

South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or...

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...

The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...