non-performing loans

Korea Zinc Inc., South Korea’s and the world’s No. 1 lead and zinc smelter, will build its second research and development center, which...

South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...

South Korea's KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter of this year, the com...

South Korea's Aekyung Chemical Co. announced on Wednesday that it developed a high-performance hard carbon material that functions as the main anode...

Creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) gave the go-ahead to a debt workout program for the cash-strapped South ...

BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global...

KT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who claimed the South Kore...

HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...

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

In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...

One of the South Korean owners of Taylormade Golf Co., a leading global golf equipment maker, is set to refinance its 300 billion won ($221.7 millio...

Hanwha Corp., the holding company of South Korea’s chemicals-to-defense conglomerate, will hive off its wind power and offshore plant building...

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...

South Korea's SK Geo Centric Co. and Youlchon Chemical Co. announced on Sunday that they signed a memorandum of understanding (MOU) to co-develop re...

Kangwon Land Inc., the operator of South Korea’s only casino open to locals, has long been struggling with declining visitors.Located in a rem...

Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...

NEW YORK – Hyundai Motor Group, the world’s No. 3 carmaker, has swept the 2024 World Car Awards, a global premier standard for automotiv...

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...

NEW YORK -- Hyundai Motor Co., South Korea’s top automaker, is set to boost its premium brand Genesis with performance models and more luxury ...

Shinhan Financial Group Co., South Korea's second-largest financial group, plans to build a new high-rise office tower in Seoul’s central busi...

South Korea’s savings banks turned to the red after nine years in 2023 as they put aside heavy reserves on future loan losses, with their loan...

Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega” M&A deals and...

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...

The commercial real estate (CRE) debt market in Australia has grown rapidly over the last decade. According to the Australian Prudential Regulation ...

South Korea’s leading e-commerce platform Coupang Inc. on Wednesday posted its first-ever operating profit of $473 million in 2023, driven by ...

South Korea’s top four financial services groups – KB, Shinhan, Hana and Woori -- booked 1.97 trillion won ($1.5 billion) of loans as lo...

SK Inc C&C (SK C&C), the information technology service unit of South Korea’s SK Group, said on Thursday it has secured medical device...

LG Electronics Inc., transitioning into a smart life solution platform company from a simple white goods manufacturer, will enhance its customer-cen...

Hyundai Motor Co. 's premium brand Genesis announced on Friday that its Electrified G80 and Electrified GV70 earned prizes at the 2024 Canadian Ca...