banking sector earnings

LG Energy Solution Ltd., the world’s second-largest battery maker, disappointed investors with quarterly earnings on the sluggish global elect...

LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, although its fourth-...

Kurly Inc., South Korea’s dawn delivery pioneer of fresh produce, appears to be getting its delayed initial public offering back on track...

ESR KendallSquare REIT, overseeing 18 advanced logistics centers across South Korea, adeptly handled challenges in the real estate sector this year....

Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only oversea...

South Korea’s DL E&C Co. announced on Wednesday that 1915 Çanakkale Bridge in Türkiye, completed by the company, received th...

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

Hyundai Motor Co.'s passenger car Avante (name in the US: Elantra) and compact sport utility vehicle (SUV) Tucson earned the Top Safety Pick Plus ...

Lotte Duty Free, South Korea’s largest duty-free business operator, said on Sunday it has extended its operating rights for a duty-free shop a...

South Korea’s direct investment in other countries fell for a fourth straight quarter to its smallest level in two and a half years, despite a...

South Korean conglomerate LS Group and the government of Saudi Arabia will jointly seek business opportunities in a number of non-petrochemical sect...

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...

Kia EV9, the flagship large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., received five stars in the Eu...

Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...

The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...

South Korea's Doosan Corp. on Friday announced the development of hydrogen polymer electrolyte membrane fuel cell (H2-PEMFC) systems for buildings a...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

LG Uplus Corp., a leading mobile carrier in South Korea, is accelerating its generative artificial intelligence business as a new growth driver amid...

South Korea’s defense sector is enjoying booming demand from countries across the world that are cutting their reliance on Russian weapons, of...

South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

South Korean budget airline T'way Air Co. reported strong earnings as it benefited from its preemptive move of introducing new aircraft to increase ...

South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...

South Korea’s largest hotel group Lotte Hotels & Resorts is pinning high hopes on kimchi as a new revenue source amid intensifying competi...

South Korea's Woori Bank revealed on Tuesday that the Vietnamese corporation Woori Bank Vietnam opened its 22nd branch in Starlake, Hanoi. Star...

Koreans are piqued by banks raking in extraordinarily handsome profits and handing out generous bonuses amid the high-interest rate environment that...

South Korean medical AI company Lunit said on Tuesday its Lunit Insight DBT, an AI imaging diagnosis solution aiding in breast cancer diagnosis, has...

Fadu Inc., the first unicorn in the South Korean semiconductor sector, which had a triumphant market debut three months ago, is facing the backlash ...