major domestic banks

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...

The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...

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 ...

South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...

South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...

South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...

South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...

South Korea's Jusung Engineering Co. plans to spin off its semiconductor, solar, and display equipment businesses and transform into a holding com...

Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

The athletic-leisure brand Andar Co. announced on Friday that it will strengthen its technological alliance with the LYCRA Company, the world's larg...

DN Solutions Co., the world’s third-largest machine tool maker, has kicked off the process of going public on the Korea Exchange, in an initia...

CJ Olive Young Corp., South Korea’s top beauty store chain, announced on Thursday that it will open Olive Young Hongdae Town, a specialty stor...

LG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 evaluation.The evalua...

South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is launching the ST1, its first fully electric work van that can be retrofi...

South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...

South Korea's HD Hyundai Oil Bank Co. and Hyundai Department Store Co. have partnered to create a closed-loop plastic film recycling system, a first...