financial market

South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electric vehicle charging s...

South Korea's financial services company BC Card said on Wednesday that it would seek to enter the Central Asian market this year on the back of its...

South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...

South Korea’s Hyosung Group and its longtime rival Kolon Group in the fiber, textile and petrochemical businesses are poised to give up their ...

CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, said on Monday that it is moving into the pet nutrition supplement market by acquirin...

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

Ssangyong Motor Co. said on Monday that it would participate in the 2023 European Motor Show Brussels and begin to move into the European market in ...

ABU DHABI – The United Arab Emirates will invest $30 billion in South Korea across strategic sectors, including the nuclear power, defense, hy...

From now on, companies in South Korea that have raised funds by issuing ESG (environmental, social, and governance) bonds will have to answer questi...

South Korean grocery delivery platform Oasis Corp. aims to raise up to $166 million through a listing next month, becoming the country’s first...

KB Kookmin Card, a credit card unit of KB Financial Group, and its Cambodian local subsidiary KB Daehan Specialized Bank, acquired the Southeast Asi...

South Korea will extend the trading hours for the local foreign exchange market to attract overseas investors and improve the trading system so that...

South Korea’s LG Innotek Co. will boost the production of its flip chip ball grid array (FC-BGA) packages, or high-density package substrates,...

Samsung Electronics Co., the world’s largest memory chipmaker, said on Thursday it is ready to produce in large quantities PM9C1a, its latest ...

Saudi Arabia’s Public Investment Fund (PIF) and Singapore’s sovereign wealth fund GIC have agreed to invest a combined $964 million in K...

The much-awaited launch of Intel Corp.’s latest processors dubbed Sapphire Rapids is a boon for leading memory chipmakers such as Samsung Elec...

Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it was awarded the Sustainable Markets Initiative’s Ter...

South Korea's Celltrion Healthcare Co. on Tuesday said that for the second straight year, it landed an order for infliximab, an antibody used to tre...

POSCO International Co., a trading arm of South Korea’s steel giant POSCO Co., will build a palm oil refining plant in Indonesia to foray into...

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

Access management of facial recognition needs the most improvement this year and artificial intelligence (AI)-based solutions such as intelligent cl...

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...

A consortium led by Korea Corporate Governance Improvement Fund (KCGI), a local activist fund, said on Jan. 9 it signed a share purchase agreement l...

SK On Co., the world’s No. 5 electric vehicle battery maker, dropped a plan to build a 4 trillion won ($3.2 billion) plant in Turkey as higher...

Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, posted its worst quarterly operating profit in eight years on F...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Hyundai Motor Co.'s hydrogen fuel cell car model Nexo far surpassed Toyota in the world's market share. According to SNE Research, a market research...