securities-backed loan

A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...

South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that signed a contract to sell 130 units of its large truck Maxen to Colom...

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

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

South Korea’s fabless AI chip startup Rebellions Inc. and AI model compression startup SqueezeBits announced on Wednesday that they partnered ...

SK shieldus, the unmanned security subsidiary of SK Group, announced on Wednesday it has signed a business agreement with Yokogawa Electric Korea Co...

South Korean gaming firm Shift Up Corp. is eyeing an initial public offering on the main Kospi in June, with an enterprise value of 3.48 trillion wo...

Samsung Securities Co., the brokerage unit of South Korea’s top conglomerate Samsung Group, suffered system errors on its servers on Monday mo...

South Korea's Hancom Inc. announced on Monday that Facephi, a Spain-based AI biometric recognition company in which Hancom had recently acquired equ...

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...

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...

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 ...

Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...

South Korea’s fledgling mobile carrier Stage X Co. has teamed up with relatively new Japanese mobile company Rakuten Group to crack Korea&rsqu...

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

Shinsegae Group could face a legal battle against two private equity firms that are demanding it buy back their combined 1 trillion won ($727 millio...

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...

Kia Corp., the second-largest automaker in South Korea, posted record quarterly profit and revenue for the first three months of this year, backed b...

South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...

Danggeun Market Inc., South Korea’s largest online flea market service provider, enjoyed growth in other countries with its Karrot app briefly...

South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generat...

HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index wh...

North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years aft...

South Korea’s promising vision AI platform developer Superb AI Inc., which has recently added generative AI to its business portfolio, is seek...