New WON Banking

South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...

Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...

NEW YORK – Non-fungible tokens (NFTs) will significantly influence a wide range of industries as millions of global investors flock to th...

A weaker South Korean won currency has become a double-edged sword to Doosan Group’s affiliates. Construction equipment maker Doosan Bobcat is...

South Korea’s top auto parts maker Hyundai Mobis Co. will spend $1.3 billion until 2030 to build auto parts and module plants for electric veh...

South Korea’s electronics equipment manufacturers are set to benefit from Samsung Display Co.’s planned construction of a $2.8 billion n...

South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...

The tanking South Korean won currency has stoked doubts over the fundamentals of Asia’s fourth-largest economy, although the government contin...

Small and mid-sized companies are reviving the otherwise chilly IPO market in South Korea, which has been dragged down by weaker-than-expected deman...

The South Korean won has continued its decline to hit lows not seen since the 2008-09 global financial crisis on sustained concerns of an economic d...

Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, has rolled out the country’s fastest bullet train that can r...

Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...

Samsung Electronics Co., the world’s largest memory chipmaker, is heading to the US next month to scout semiconductor research and development...

A nosediving South Korean won deteriorated local corporate dollar funding conditions with the cost of insuring the country’s sovereign debt ag...

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...

South Korea’s central bank on Thursday signaled another 50-basis-point policy interest rate hike as the won currency weakened past the psychol...

NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...

South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...

South Korea’s first internet-only lender K Bank on Tuesday received preliminary approval from the Korea Exchange to go public on the country&r...

South Korea’s leading tire maker Hankook Tire & Technology Co. is aiming to join the ranks of the global top five tire makers with its lat...

The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing its determination to...

Iljin Materials Co., a South Korean battery materials maker, has unveiled an ultra-high tensile elecfoil, which can significantly improve the mileag...

South Korea was estimated to have dumped more than $700 million on Thursday to support the ailing won currency as it risked breaking through the psy...

Energy and infrastructure-focused private equity firm EMP Belstar has launched its second logistics fund targeting cold storage facilities in South ...

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, said on Thursday it is aiming to power its entire operations wit...

Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...