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South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...

Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpa...

Meritz Financial Group Inc. has reported its best-ever net profit for last year thanks to handsome gains from investments by its insurance and secur...

LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...

Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in ...

South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024...

South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...

South Korea’s economy expanded 2.0% last year, falling short of the central bank’s forecast on weaker-than-expected growth in the fourth...

Hyundai Steel Co., South Korea’s second-largest steelmaker, sold more than 1 million tons of automotive steel sheets to overseas automakers ot...

Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...

Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...

South Korea’s central bank slashed its economic growth forecasts on Monday, adding to views that the monetary authority will cut interest rate...

Kakao Piccoma, a Japanese digital comics app subsidiary of South Korean mobile giant Kakao Corp., topped the consumer spending ranking in the Japane...

CVC Capital Partners is in the final stage of talks to acquire OLENS, South Korea’s largest contact lens brand, for about 500 billion won ($34...

LG Display Co., the world’s top organic light-emitting diode (OLED) panel maker, on Thursday unveiled a fourth-generation screen optimized for...

Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...

LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1...

Private credit has been among the top picks for alternative investors over the past few years. During the period of high interest rates, corporate l...

The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...

A senior Financial Supervisory Service (FSS) official on Thursday denied a report that the regulatory body has referred MBK Partners and Young Poong...

South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which may encourage the comp...

South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...