nonbank financial institutions

South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agreement for creating a ...

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

Woori Financial Group has adopted Samsung Electronics Co.'s Samsung Culture Index (SCI) to tighten its internal controls, which will be given more w...

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

South Korean credit rating agency NICE Investors Service Co. (NICE) downgraded Hyosung Chemical's credit rating outlook from stable to negative on W...

South Korea's Kyobo Life Insurance Co. announced on Tuesday that it has received an A1 (stable) insurance financial strength rating from Moody's Rat...

South Korea's Noul Co., an in-vitro diagnostics maker and artificial intelligence (AI)-based blood and cancer diagnostic platforms company, said o...

South Korea’s financial regulator, the Financial Services Commission (FSC), said on Thursday it will extend its blanket stock short-selling ba...

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...

South Korea’s NongHyup Financial Group Inc. (NH Financial) is likely to join the race for the purchase of Donuimun D Tower, a landmark office ...

Hyundai Motor Co. announced on Monday that it signed a memorandum of understanding (MOU) for a Sustainable Forest Ecosystem Restoration Project with...

Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid ...

South Korea’s National Pension Service (NPS), also the world’s third-largest pension fund, will gradually reduce the proportion of its l...

Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, announced a reshuffle wit...

South Korean non-performing loan (NPL) managers are increasing fundraising through corporate debt issuance given an outbreak of bad loans amid highe...

South Korea will strengthen regulations on the conversion prices of convertible bonds (CBs) to protect stakeholders from excessive share dilution, t...

South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly...

South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....

Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...

DeepX, South Korea's homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investment of 110 billion w...

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...

HD Hyundai Marine Solution Co.'s debut on the Kospi, South Korea's largest initial public offering in more than two years, saw a near-doubling of st...

Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...

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

Concerns are growing that South Korea’s main stock bourse could be inundated with a huge number of HD Hyundai Marine Solution Co. shares next ...

South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the ...

South Korea's Woori Financial Group announced on Wednesday that it has opened the DinnoLab Vietnam Center in Hanoi.DinnoLab is a program by Woori ...

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...

The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...