Park Hwa-jae Woori Financial

South Korea's Nexen Tire Corp. announced on Wednesday that it partnered with US Major League Baseball (MLB) team San Diego Padres.The Padres, founde...

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

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

The credit rating of E-Mart Inc., South Korea’s top hypermarket chain operator, was downgraded to AA- by local agency NICE Information Service...

POSCO Holdings Inc.'s new Chairman Chang In-hwa on Thursday pledged to keep fostering its electric vehicle battery materials business, the group&rsq...

South Korea's artificial intelligence (AI) startup Upstage announced on Monday that it established the US corporation Upstage AI in Silicon Valley, ...

South Korea’s SK E&S Co. announced on Sunday that its US-based electric vehicle (EV) charging subsidiary EverCharge Inc. will install hund...

South Korea's DGB Financial Group announced on Thursday that it opened its first overseas subsidiary Hi Asset Management Asia (HiAMA) in Singapore.H...

EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...

South Korea's Woori Financial Group announced on Tuesday that it will be an official sponsor of the US Major League Baseball World Tour Seoul Series...

IMM Private Equity has sold 180.5 billion won ($135 million) worth of shares in South Korea’s Woori Financial Group in a block deal, reaping 4...

Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea’s fourth-largest fi...

South Korean financial service companies are seeing increased losses in global real estate amid the commercial property value plunge and concerns ar...

When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...

The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its cor...

POSCO Holdings Inc., the parent of South Korea’s largest steelmaker POSCO, has nominated former President Chang In-hwa as its next group chair...

KB Financial Group and Kakao Bank, top players in South Korea’s offline and mobile banking sector, respectively, achieved their highest-ever p...

South Korea's major power plant builder Doosan Enerbility Co. faces a record-breaking fine to the tune of about 20 billion won ($15 million) over it...

Less than five years ago, Invossa, a cell and gene therapy for osteoarthritis, was expected to hit the global market with great fanfare.Developed by...

South Korean banks are scurrying to suspend the sale of equity-linked securities (ELS) after the country’s financial regulator said it may con...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

IMM Investment Corp., a major South Korean private equity firm, invested $97 million in Kencoa Aerospace Corp., a local supplier of global industry ...

South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...

Woori Financial Group, South Korea’s fourth-largest financial holding company, will reinforce its wealth management service for high-net-worth...

South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...

South Korea’s financial authorities have opened an official probe into local banks and securities firms’ potential misselling of equity-...

SEOUL—South Korea beefed up security for prominent political figures as new threats of violence materialized against top officials, including ...

South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual...