European Central Bank

South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as the country’s new central bank chief, who i...

South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...

South Korea plans to open temporary settlement lines between domestic banks and their units in Russia in order to help companies hit by multinationa...

Critical data center hubs have emerged in European major cities with dramatic growth in data consumption, and the facilities are rising as promising...

Chinese electric vehicle makers are expanding their shares in key markets such as the US and Europe through fleet sales, while South Korea’s H...

South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...

South Korea’s non-ferrous metal smelters such as Korea Zinc Co. and Poongsan Corp. are set to benefit from rising prices of raw materials in t...

International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...

South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, have worked for decades to refine their profil...

LG Electronics Inc. has signed a deal on 5G vehicle connectivity with a European premium carmaker as the South Korean company is expanding its marke...

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

South Korea’s central bank expects consumer inflation to hit an 11-year high this year as oil prices jumped above the $100 a barrel level for ...

As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...

South Korea’s central bank is caught in a dilemma as it needs to raise interest rates to curb rising inflationary pressure in Asia’s fou...

In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...

South Korea’s major banks posted record earnings last year, boosted by higher interest income amid the central bank’s easing monetary bi...

South Koreans are continuing their rush to safer assets with the balance of bank deposits, money market funds (MMFs) and cash management accounts (C...

South Korea's Osstem Implant Co., battered by the country's largest-ever embezzlement scandal for a listed company, is now being courted by investme...

The Bank of Korea (BOK) will launch real-life, offline tests for a central bank digital currency (CBDC) project on Samsung Electronics Co.'s Galaxy ...

South Korea's leading banks began to reap the rewards of their efforts to become regional players in Asia, with their aggressive investments in Viet...

Japan's mobile phone operator NTT DoCoMo has sold all its shares in KT Corp., worth 437.5 billion won ($370 million), to Shinhan Bank which formed a...

Korean Air Lines Co. and Asiana Airlines Inc. are wary of the fate of their proposed merger after the European Union blocked the combination of Sout...

Creditor banks of South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) are mulling new ways to find a new owner of the debt-ridden ...

South Korea’s central bank is almost certain to raise interest rates on Friday to curb inflation and household debt as the US Federal Reserve ...

South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...

The Export-Import Bank of Korea (KEXIM) is planning to sell up to $3 billion worth of new global bonds this week, tipped to be the largest-ever bond...

MG Korean Federation of Community Credit Cooperatives (KFCC) will gradually increase its alternative investment proportion from the current early 30...

Voluntary retirement packages, often coming with generous compensation, have been adopted by companies as a way to let go of older or redundant empl...

With stock and cryptocurrency fevers subsiding amid a monetary tightening bias, South Koreans are moving their money back to safe assets, as banks s...