Woori Financial automotive financing

South Korea’s leading rental car company Lotte Rental Co. has kicked off an initial public offering process to raise some 400 billion won ($36...

There have been near-endless debates regarding the “proper valuation” of KakaoBank, South Korea’s largest internet-only bank that ...

Woori Financial Group has been selected to acquire Franklin Templeton Investments’ retail fund business in South Korea, less than a month sinc...

South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...

The South Korean unit of US auto giant General Motors Co. will halt two of its three plants next week in the latest sign of the worsening global aut...

The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth ...

South Korea’s SK Hynix Inc. is in talks to supply its memory chips for cars to Robert Bosch GmbH, a German multinational tech giant, given acc...

The Bank of Korea has asked the country’s financial institutions to reduce exposure in economic sectors that generate high levels of carbon em...

Last month, South Korea's third-largest conglomerate SK Group agreed to sell its 21-year-old baseball club SK Wyverns to the country’s leading...

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...

SEEK, Australia’s largest job site, has been in discussions with private equity firms to put in a binding bid in a consortium for South Korea&...

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

Hana Financial Investment has acquired a 95% stake in a 38-story downtown Seattle office tower for $740 million from Skanska AB, a Swiss-based m...

Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...

The Export-Import Bank of Korea (KEXIM) will provide $500 million in project financing to South Korean companies for their $550 million construction...

South Korea’s Ministry of Foreign Affairs has appointed Choi Heenam, chief executive of the Korea Investment Corporation (KIC), as the country's...

Helixmith Co., once No.2 stock on the junior Kosdaq market, has lost 40% in the past week following its disclosure of $233 million investment in high-...

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...

HAAH Automotive Holdings Inc., a US automobile distributor, has offered to invest 300 billion won ($258 million) in Ssangyong Motor Co. as part of its...

A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

Hyundai Motor Co. has exported its fuel cell system to non-vehicle startups in Europe, expanding its hydrogen business beyond the automobile industry,...

Back in 2018, KKR & Co. tentatively agreed to buy a minority stake in South Korea’s Shinhan Financial Group to build a strategic relationshi...

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...