term deposits

The staking deposits of Upbit, South Korea's leading crypto exchange, surged past 3 trillion won ($2.2 billion) by the end of April, according to ...

The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under whi...

Chang In-hwa, chairman and chief executive of POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has vowed to take drastic...

SK Innovation Co., South Korea’s top energy company, is slated to adjust its business portfolios for long-term growth while not planning to sl...

South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.7 billion) in assets as of the end of 2023, said on ...

South Korea's Hyundai Glovis Co. announced on Monday that it has won a long-term charter for four liquefied natural gas carriers (LNGC) from QatarEn...

STX Corp., a South Korean general trading company, announced on Monday that it signed a memorandum of understanding (MOU) to supply the complete kno...

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

Chinese smartphone manufacturers’ aggressive push for foldable models has threatened the dominance of Samsung Electronics Co., the world&rsquo...

South Korea’s KT&G Corp., the world’s leading tobacco maker, is facing challenges in its chief executive appointment as the firm&rsq...

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

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 mid-sized brokerage firms are increasingly embracing bond sales as several large firms sold their bonds in January amid investor...

South Korean companies and households flocked to investment funds and short-term deposits in December last year, pulling out of money market funds a...

Hyundai Department Store Group, a South Korean major retail conglomerate, has unveiled the group companies’ dividend payout plans for the mid ...

Lotte Rental Co., South Korea's largest car rental firm, has signed a strategic memorandum of understanding (MOU) with the domestic financial comp...

Doosan Investment, the corporate venture capital (CVC) arm of South Korea's Doosan Group, has formed a 100 billion won ($75 million) fund, focusin...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...

STX Corp., a South Korean general trading company, has secured lithium, a key material for secondary batteries, and obtained a stake in a lithium mi...

LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, will raise 650 billion won ($494 million) by t...

South Korea’s LG Electronics Inc. is highly recognized for its TV sound systems in the US, the world’s largest home appliance market. Ea...

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

South Korea’s battery materials maker POSCO Future M Co. announced on Tuesday that it was listed on Dow Jones Sustainability Asia/Pacific In...

South Korea's POSCO International Corp. announced on Tuesday that it will collaborate with the largest domestic feed company NongHyup Feed to stabil...

Shares in EcoPro Materials Co., South Korean battery materials maker EcoPro Group’s unit that went public on Nov. 17, are skyrocketing as reta...

SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...

South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...