Financial Supervisory Service

The Bank of Korea Governor Rhee Chang-yong on Wednesday said, "We will focus on inflation this year but also closely consider tradeoffs to preserve ...

KT Skylife Co.,the satellite TV service subsidiary of South Korea's telecommunications-oriented KT Group, said on Wednesday that it is offering Disn...

South Korea's auto distribution digital solutions company Epikar said on Wednesday that it has signed a memorandum of understanding (MOU) for R&...

South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...

South Korea's travel agency network Modetour Network Inc. said Tuesday that it signed a memorandum of understanding (MOU) with mobility platform Dan...

Naver Cloud, the cloud computing arm of Naver Corp., signed a strategic alliance deal with Singapore's telecommunications company StarHub to provide...

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

ABU DHABI – The United Arab Emirates will invest $30 billion in South Korea across strategic sectors, including the nuclear power, defense, hy...

From now on, companies in South Korea that have raised funds by issuing ESG (environmental, social, and governance) bonds will have to answer questi...

Woori Bank launched a 3D-based metaverse pilot service, the bank said on Friday.The bank will provide two services, one for interaction with small b...

Cloud protection is the top cyber security concern for companies this year, a study says.Samsung SDS Co. on Thursday said this in its report "Top Fi...

Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s sovereign wealth fund GIC have agreed to invest a combined $964 million in K...

Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement with the Tech Univers...

Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...

Lemonbase, a South Korean developer and operator of performance management software as a service (Saas), raised 7 billion won ($5.6 million) in Seri...

Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...

Travel app MyRealTrip said Wednesday that it is launching an overseas hotel booking service that allows users to search, book, and pay for more than...

South Korea’s Daol Financial Group agreed to sell another unit as part of its efforts to raise money in preparations for a possible liquidity ...

Gmarket on Thursday say it will launch a customized search service for hotels abroad.Users can input hotel-related keywords into the Gmarket app's s...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

Naver Corp.’s business-to-business (B2B) services provider Works Mobile Co. posted its first-ever profit in 2022, driven by a surge in Japanes...

Nvidia Corp., a US technology company, said on Tuesday that its cloud-based gaming service GeForce NOW was adopted for cars produced by the Hyundai ...

Redbrick, the developer and operator of metaverse platforms of South Korea, signed a memorandum of understanding with Microsoft Korea to cooperate o...

Com2verse, Com2uS Corp.'s metaverse subsidiary said on Tuesday that it has secured a strategic investment of 4 billion won ($3.1 million) each from ...

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

Sejong Telecom, Inc. a mid-sized facilities-based telecommunications business and ICT platform company in South Korea, will launch a private 5G bu...

The contraction of South Korea's investment market has not stopped startups specializing in software as a service (SaaS) to attract funds given that...

South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...