resident foreign currency savings

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering offering Catchtable ...

The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...

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

South Korea’s top financial regulator advised about 10 local savings banks in trouble to increase their capital by the end of this month to pr...

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s to...

LG Electronics Inc. is seeking to issue dollar-denominated bonds, its first global bond sale in 12 years, according to people with knowledge of the ...

KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits sp...

Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., and its South Korean partner TEMC Co., have jointly ...

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

Samsung Electronics Co. announced on Wednesday that it partnered with the global household and industrial goods company Henckels AG to introduce a d...

The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major clearing houses for ...

Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...

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...

South Korea’s lube oil maker SK Enmove Co. is seeking to supply liquid immersion cooling systems for data centers of a US technology company, ...

South Korea's retail and travel platform Interpark Triple announced on Tuesday that it launched the travel platform Triple Korea for foreign touri...

South Korean retail investors, hunting for bargains, have flocked to shovel in the Japanese currency hovering around its record low value in anticip...

South Korea's BC Card announced on Tuesday that it launched a "Trip.Pass Card" and "Trip.Pass QR Payment Service" for foreign tourists with the dome...

South Korea’s BNK Capital announced on Monday that it raised $41.5 million in foreign currency funds from overseas state-owned banks.This is...

South Korea plans to introduce a get-tough e-commerce policy on Chinese platforms such as AliExpress, Temu and Shein amid increasing complaints abou...

South Korean startups raising funds from overseas venture capital firms nearly doubled in the first two months of this year from a year ago, heighte...

Canada’s Brookfield Asset Management Ltd. has selected Seoul-based real estate manager ARA Korea Ltd. as the preferred bidder for five-star ho...

Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...

South Korea's Hana Bank announced on Monday that it launched the Hana Certificate service in 16 languages. The service is available through the...

South Korea’s foreign currency deposits fell for the first time in four months in January as the dollar’s further gains versus the won f...

South Korea’s luxury hotels are enjoying the return of tourists following years of COVID-19 restrictions, which significantly hurt their sales...

South Korea’s Financial Supervisory Service (FSS) announced on Feb. 18 that it will broaden the scope of its English electronic disclosure ser...

US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...

Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months.The Financial Supervisory Servi...

South Korea is expected to allow foreigners to work at plant construction sites nearly two decades after non-native Koreans were banned from those p...