Asia financial hub

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

Nine South Korean startups have made it to the "Forbes Asia 100 to Watch 2023" list.According to Forbes on Tuesday, the following companies were sel...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...

The premium Korean beef Hanwoo was exported to Cambodia on Monday for the first time, marking the culmination of eight years of quarantine negotiati...

South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...

Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...

More retirees of the Financial Supervisory Service (FSS) are snagging new jobs at private companies such as the banks they regulated during their te...

South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, is expected to enjoy a windfall gain from the US government’...

South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...

It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

Cosmax Inc., South Korea's biggest cosmetics maker using original design manufacturing (ODM), has opened Asia's largest cosmetics plant in China. ...

South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...

UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...

South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...

South Korea's most popular international flight route in the first half of this year was between Incheon International Airport and Kansai Internatio...

The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...

A city in the greater Seoul area is aiming to become the first in Asia to attract Madison Square Garden (MSG) Sphere, an iconic music and entertainm...

The Korean alcoholic beverage that foreigners are most familiar with is Soju, according to the Korean Food Promotion Institution. The institution re...

Standing 249 meters (817 feet) high, 63 SQUARE, well known as the 63 Building to older generations, was once the tallest building in Seoul until it ...

South Korea's Hanwha Aerospace Co. and the Korea Advanced Institute of Science and Technology (KAIST) have launched a joint project to develop off-r...

South Korea’s second-largest financial institution KB Financial Group Inc. achieved record-high quarterly net profit in the April-June period ...

The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its ...

South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...

South Korea’s SK Biopharmaceuticals Co. is aiming to triple its enterprise value to $15 billion by 2026 with the goal of rising to the top run...

South Korea’s central bank warned that household lending in the country has leaped to the world’s third highest and could hurt long-term...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, started deliveries of fighter jets to Poland in a mo...