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The South Korean won skidded to an eleven month-low as foreign investors extended a selling spree in the local stock markets, adding to expectations...

South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the rising investor dema...

Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communications firm OneWeb ...

South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...

Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...

Credit Suisse (CS) is taking one-fifth of the underwriting fees from South Korea's four big initial public offerings this month, including KakaoBank...

KakaoBank Corp. has fallen out of the top 10 list on Kospi on Aug. 10, its third trading day, with Celltrion and Kia Corp. overtaking the company ag...

South Korea’s energy and telecom conglomerate SK Group is aggressively strengthening its foothold in the Southeast Asian fintech business.SK S...

Mirae Asset Securities Co. has become South Korea's first brokerage company to boost its equity capital to 10 trillion won ($9 billion), taking a st...

South Korea's eight leading brokerage companies, including Mirae Asset Securities Co. and Hana Financial Investment Co., are estimated to have booke...

Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...

South Korea’s major banking groups have posted the highest-ever net profit figures in the first half of this year. Shinhan Financial Group rep...

Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...

The initial public offering of South Korea's KakaoBank has drawn the largest-ever amount of bids from institutional investors for a domestic listing...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), a leading South Korean shipbuilder, on Wednesday posted a dismal quarterly operating loss ...

Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...

Debate is heating up over KakaoBank Corp.’s new share value ahead of an initial public offering of the mobile banking unit of South Korea&rsqu...

South Korea has taken a major step forward in building the hydrogen economy by forming an extensive green ammonia alliance involving 13 private firm...

South Korea’s central bank chief sent a strong indication of tightening later this year after the Bank of Korea (BOK) left its monetary policy...

South Korea's traditional banks, led by KB, Shinhan, Hana and Woori, will need to strengthen their online platforms as KakaoBank, the country's lead...

Woori Financial Group has become South Korea’s third major banking group to enter the digital asset custody service (DACS) market, following K...

South Korea's initial public offering market in July is expected to see its largest-ever amount of share issues for a single month, worth over 8 tri...

The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

The Bank of Korea needs to drop its accommodative monetary stance of the past two years and to begin raising interest rates from this year, the cent...

South Korea-based mobile financial platform Toss is en route to becoming the country's first fintech decacorn, or a company valued at over $10 billi...

The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...

Last week’s devastating fire at a Coupang distribution center, which reportedly burned down more than 16 million items for delivery, is expect...

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

GS Group has become South Korea’s first business group to purchase carbon-neutral crude oil, in a move to strengthen its ESG efforts.South Kor...