Park Hwa-jae Woori Financial

Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Priva...

South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...

KB Financial Group Inc. has chosen Yang Jong-hee, its vice chairman, as the sole candidate for its next chief in charge of South Korea’s leadi...

South Korea's Kakao Mobility announced on Tuesday that it is discussing ways to collaborate on building the digital ecosystem with major platform co...

South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...

LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...

South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...

South Korean blockchain company FNSValue Co. on Monday signed a partnership agreement with the International Telecommunication Union (ITU), the Unit...

Korea Credit Data (KCD), a South Korean fintech startup focusing on small- and medium-sized enterprises (SMEs), has raised 100 billion won ($75.7 mi...

The four-video Challenge Korea series promoting tourism in South Korea with "Squid Game" actor Lee Jung-jae has surpassed half a billion views in ju...

More retirees of the Financial Supervisory Service (FSS) are snagging new jobs at private companies such as the banks they regulated during their te...

South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...

It is a long-cherished dream of Seoul, the capital city of South Korea, to present itself to the world as Asia’s prime financial hub, but the ...

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

Park Chan-koo, honorary chairman of Kumho Petrochemical Co., and 11 other South Korean business leaders have been granted presidential pardons to ...

South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...

South Korea’s second-largest financial institution KB Financial Group Inc. achieved record-high quarterly net profit in the April-June period ...

South Korea’s internet service provider SK Broadband Co. said on Friday it has tapped Park Jin-hyo, former chief executive at security affilia...

South Korea’s central bank warned that household lending in the country has leaped to the world’s third highest and could hurt long-term...

SK Telecom Co. and Hana Financial Group are strengthening their collaboration in the field of artificial intelligence (AI). They are jointly fosteri...

SK Hynix Inc. is in talks with its affiliate SK REIT Co. to sell the wastewater treatment facilities within its semiconductor campus in Icheon, Gyeo...

KB Financial Group Chairman and Chief Executive Yoon Jong-kyoo brought up “glocalization” as a key strategy for its global expansion at ...

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

The credit rating of Korea Seven Co., which runs the South Korean operations of the convenience store chain 7-Eleven, was downgraded to its lowest l...