Korean Export-Import Bank

The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...

LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...

South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...

"Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean-originated p...

South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent cont...

South Korea’s new President Lee Jae-myung will attend the summit of the Group of Seven (G7) advanced countries in Alberta, Canada, next week, ...

Chinese e-commerce players’ rapid expansion into the South Korean online retail market is losing steam as their bang-for-the-buck products hav...

Samsung Electronics Co. will empower its next Galaxy Z foldable smartphones with advanced artificial intelligence features as it seeks to extend its...

Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the larg...

KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or  $200 million, investme...

South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American fo...

South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...

South Korea’s central bank is cautious about non-banks and fintech firms issuing and handling stablecoins amid a global cryptocurrency rally, ...

Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...

Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...

Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 m...

South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...

Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

A South Korean appellate court has rejected Elliott Investment Management Corp.’s claim for 26.7 billion won ($19.3 million) in interest for a...

South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...

Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to capitalize on the surging global demand for so-called subcu...

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...

DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...

South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...

A surge in orders from Samsung Biologics Co., the world’s largest contract drugmaker, has propelled South Korea to the forefront of global rev...

South Korea’s processed food exports are expected to reach 6 trillion won ($4.4 billion) this year after Korean food companies have aggressive...

LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...