Woori Financial chairman

Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief investment officer,...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

GS announced the establishment of a corporate venture capital (CVC) firm Sunday, the first of its kind for a holding company in Korea. The announcem...

South Korea's CJ Group promoted the group chairman's son Lee Sun-ho to a new executive-level position Monday, paving the way for a third-generatio...

South Korea’s Fair Trade Commission has imposed a fine of 1.6 billion won ($1.3 million) on SK Group Chairman Chey Tae-won and the conglomerat...

Samsung Electronics Co., South Korea’s top tech giant, has established a dedicated team for the Chinese market, where its smartphone and home ...

Hyundai Motor Group, South Korea’s second-largest conglomerate, on Friday replaced its mid-tier executives in its largest personnel reshuffle ...

Chey Jae-won, the younger brother to SK Group Chairman Chey Tae-won, returned to the conglomerate’s leadership on Dec. 17, after an eight-year...

High price tags of target companies can be justified if you understand long-term trends of the industry and have expertise in the sectors, Conni Jon...

Hyundai Engineering Co., part of South Korea's Hyundai Motor Group, will make a trading debut on the Korea Exchange next February, raising up to 1.2...

Mirae Asset Global Investment Co., South Korea’s leading asset manager, has participated in a $260 million Series B funding for Jokr, a New ...

Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...

"It caused quite a commotion in our industry." This was the common response by cryptocurrency exchange insiders to the news that Dunamu Inc., an ope...

Two decades after the onset of the 1997-98 Asian financial crisis, the state-run Korea Deposit Insurance Corporation (KDIC) is finally set to privat...

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...

South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform of Masan Group Corp...

Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...

Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...

South Korea’s leading mobility company Hyundai Mobis Co. will be heading the country’s new industry association of autonomous driving ma...

The heavy inheritance tax burden in South Korea is pushing the heirs of the late Samsung Group Chairman Lee Kun-hee to sell about 2.2 trillion won (...

South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to...

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

Hyundai Engineering Co., Hyundai Motor Group’s construction arm, started the process for an initial public offering (IPO) expected in the firs...

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green h...

South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...

South Korea is considering curbing margin loans offered by brokerage companies to stock investors, as part of the government efforts to rein in soar...

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...

Toughening regulations on big tech firms in South Korea are impacting the IPO timeline of Kakao Pay Corp. and Kakao Mobility Corp. According to the ...