World Bank

South Korea’s home-grown artificial intelligence service Liner was ranked the world’s fourth-most popular generative AI web product as t...

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

In South Korea, one of the world’s most wired countries, people can’t live without social networking services for everyday communication...

South Korea’s Daishin Securities Co. is set to sell its headquarters office to NH-Amundi Asset Management Co. for 660 billion won ($492.6 mill...

South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...

South Korean rechargeable battery maker SK On Co. is in talks with Nissan Motor Co. to jointly produce battery cells for the Japanese carmaker in th...

Shinhan Bank announced on Friday that its Indonesian subsidiary Shinhan Bank Indonesia signed a strategic business agreement with PT Artha Dana Tekn...

South Korean major banks aim to accelerate their expansions in other countries as their overseas investments paid off with record profits last year ...

Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...

South Korea has remained muted to a new gold rush fueled by various central banks across the world gobbling up the precious metal, raising concerns ...

A hyper-casual game developed by South Korea’s fledgling gaming publisher Supercent was the world’s third-most downloaded newly launched...

Michael ByungJu Kim, co-founder and partner of Northeast Asia-focused private equity firm MBK Partners Ltd., has been chosen as the most influential...

Foreign exquisite, high-end car brands are eager to offer new and exclusive experiences to their customers in South Korea, the fastest-growing luxur...

In September 2019, Doosan Enerbility Co. wrote a new chapter in its history. It became the world's fifth company to develop a gas turbine even at th...

The commercial real estate (CRE) debt market in Australia has grown rapidly over the last decade. According to the Australian Prudential Regulation ...

NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...

South Korea’s online giant Naver Corp. is set to make inroads into the global robotics operating system market by unveiling the world’s ...

Bank KB Bukopin, an Indonesian subsidiary of KB Kookmin Bank, announced on Monday that it rebranded as KB Bank. The corporate name PT Bank KB Buko...

South Korea's Hana Bank announced on Monday that it launched the Hana Certificate service in 16 languages. The service is available through the...

Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...

South Korea's Hana Bank announced on Tuesday that it has signed a business agreement with robo-advisor company Fount Investment Co. to launch a reti...

South Korea’s top four financial services groups – KB, Shinhan, Hana and Woori -- booked 1.97 trillion won ($1.5 billion) of loans as lo...

Samsung Electronics Co. has developed the industry’s first 36-gigabyte (GB) 12-layer high-value, high-performance memory chip in a bid to rest...

SEOUL—In March 2022, North Korean leader Kim Jong Un walked out of a massive hangar wearing a bomber jacket and dark sunglasses. He pointed to t...

KB Kookmin Bank announced on Monday that it held an opening event for the integrated commercial bank KB Prasac Bank PLC in Phnom Penh, Cambodia, on ...

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

GWANGYANG, South Jeolla Province  -- POSCO Future M Co., a battery materials supplier, on Thursday broke ground on its fifth cathode materials ...

South Korean banks are accelerating moves to close branches given the growth in digital transactions and decline in offline customers but financial ...

LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...

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