foreign exchange reserves

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

Hyundai Motor Group Executive Chairman Chung Euisun on Monday urged executives and employees to guard against pessimism amid a “perfect storm&...

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...

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

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...

South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...

The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...

Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanes...

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

South Korean companies are postponing bond issues and initial public offerings on chilled investor sentiment in the aftermath of President Yoon Suk ...

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 official foreign reserves at the end of November amounted to $415.4 billion.According to the Bank Of Korea (BOK) on Wednesday, the nat...

The South Korean government plans to revamp its employment authorization system to allow foreign workers to stay in the country longer. Foreign...

Cash holdings at South Korean companies have soared to a record-high level, data showed on Monday. Companies are stepping up efforts to raise cash t...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, expects some ...

South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...

It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...

VIENNA –  South Korea's small cooking appliance and beauty product makers gained certitude of their product quality and were convinced of...

South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...

North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...

South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...

South Korea's Mirae Asset Securities Co. said on Tuesday that its defined contribution (DC) retirement pension and individual retirement pension (IR...

South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...

South Korea's KB Kookmin Bank said on Tuesday that it issued €500 million ($545 million) in global covered bonds the previous day.Covered bonds...

Foreign investors' appetite for South Korean stocks turned sour with sales of 7.36 trillion won ($5.5 billion) worth of shares on the Korean bourse ...