financial health

South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for t...

Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...

Samsung Group, South Korea’s most powerful business group, is poised to crack the country’s financial app market — now crowded wit...

HI Investment & Securities Co. was rebranded as iM Securities after it held an extraordinary shareholders' meeting at its headquarters in Yeouid...

LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...

Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...

South Korea’s Celltrion Inc., received new drug submission (NDS) approval from Health Canada for Steqeyma, a biosimilar of the autoimmune dise...

Woori Financial Group Inc., South Korea’s fourth-largest financial services holding company, plans to significantly enhance its shareholder va...

South Korea’s largest financial holding group KB Financial Group Inc. has logged its record quarterly profit in the April-June period, thanks ...

Samsung Electronics Co. announced on Monday that it will enlist startups to participate in its external startup incubation program C-Lab Outside unt...

For decades, investments in financial products that promise decent dividend payouts such as high-dividend stocks have been associated with elderly i...

The sale of South Korean mid-sized insurer MG Non-Life Insurance Co. has been canceled as the financially distressed insurer failed to attract any b...

South Korean banks are raising mortgage rates again as the government strives to curb household debt growth that grew at its sharpest pace in three ...

South Korea's Shinhan Financial Group announced on Sunday that it established a disaster response system to provide swift and substantial assistance...

Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors in a bid to seize n...

Samsung Electronics Co., the world’s top memory chipmaker, said on Friday it has invested in US biotech startup Element Biosciences Inc. to ex...

South Korea's Cosmax Group unveiled a new corporate identity (CI) on Wednesday. The new CI reflects Cosmax Group's identity as a global beauty and h...

Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private banker...

Meritz Financial Group Inc. became the first South Korean financial holding company to unveil a concrete shareholder return plan, pledging to alloca...

South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.5 billion) in assets as of the end of 2023, has tapp...

South Korea’s No. 2 petrochemicals maker Lotte Chemical Corp. has taken a hit from a lowered credit-rating outlook of the company and its majo...

South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agreement for creating a ...

Now it’s official. Samsung Electronics Co. is hosting its next Galaxy Unpacked summer event in Paris on July 10.Samsung picked Paris as the ve...

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

Woori Financial Group has adopted Samsung Electronics Co.'s Samsung Culture Index (SCI) to tighten its internal controls, which will be given more w...

South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...

South Korea's Lotte Home Shopping announced on Monday that it plans to establish a joint venture, The Edition Health, with H.Pio, a specialized heal...

South Korean credit rating agency NICE Investors Service Co. (NICE) downgraded Hyosung Chemical's credit rating outlook from stable to negative on W...

South Korea's Kyobo Life Insurance Co. announced on Tuesday that it has received an A1 (stable) insurance financial strength rating from Moody's Rat...

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...