European Central Bank

South Korea's Lotte Chilsung Beverage Co. is poised to introduce its zero-sugar soju Saero to the European market next month, aiming to expand its g...

Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel business unit of South Korea's Dongkuk Steel Group, announced on Wednesday that it op...

South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...

South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

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 ...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

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...

South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023...

South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...

South Korea's Hana Bank announced on Tuesday that it launched the premium real estate wealth management service Hana Real Estate All-care Solution i...

The combined net profit at South Korea’s four largest financial services firms, including KB Financial Group, are estimated to have dropped ne...

South Korea's HD Hyundai Oil Bank Co. and Hyundai Department Store Co. have partnered to create a closed-loop plastic film recycling system, a first...

Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...

South Korea’s fintech platform Toss Bank saw that its subscribers surpassed 10 million. According to the company, it's been two years and...

MILAN, ITALY – LG Electronics Inc. eyes 1 trillion won ($722 million) in global built-in appliance sales in three years by winning the hearts ...

South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it signed a memorandum of understanding (MOU) with Scottish Enterprise and...

South Korea’s top financial regulator advised about 10 local savings banks in trouble to increase their capital by the end of this month to pr...

South Korea’s Shinhan Bank is set to invest $180 million in HDFC Credila Financial Services Ltd., India’s largest education loan provide...

South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...

BGF Retail Co., South Korea’s biggest convenience store chain operator, will expand aggressively in Kazakhstan, creating the potential to cran...

Korea Trade-Investment Promotion Agency (KOTRA) announced on Tuesday that the Korea-Kazakhstan Drone Roadshow opened in Astana, the capital of Kazak...

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...

Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...