financial performance

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

Hyundai Motor Co. and Kia Corp. said on Monday they received AAA ratings, with Stable outlooks for both companies, from Korea Ratings Corp., Nice In...

Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...

South Korea's Lotte Card Co. launched a long-term car rental exclusive card in Vietnam to expand its presence in the local market.Its Vietnamese s...

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...

South Korea's KB Kookmin Bank opens branches in Chennai and Pune, major economic hubs in India on October 21. The bank, which established its Gurug...

Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...

South Korea's SK Broadband said on Thursday that it will establish a nationwide network using Internet Protocol-Multi Protocol Label Switching (IP-M...

South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The ...

LG Electronics Inc. said on Wednesday that it was named Lowe's 2024 Vendor Partners of the Year. Lowe's operates over 1,700 home improvement store...

Korea Investment & Securities announced on Tuesday that it hosted analysts from Stifel Financial Corp. at its headquarters in Yeouido, Seoul, fo...

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Wednesday that it sold a 142-megawatt solar pow...

South Korea’s Hyundai Motor Co. and its sister firm Kia Corp. saw their US sales decline last month due to fewer selling days and weak market ...

Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-than-expected third-q...

South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...

K-Pop boy band Stray Kids will perform at the American Music Awards, a major music awards show in the United States.The American Music Awards announ...

LG Electronics Inc. said on Tuesday it launched a Global Heat Pump Consortium to strengthen cooperation on heating, ventilation, and air condition...

Hyundai Motor Co. said on Tuesday that it released the model year of its high-performance electric vehicle (EV) the 2025 IONIQ 5 N.The 2025 IONIQ 5 ...

Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...

K-pop girl group Blackpink's “How You Like That” dance performance video has garnered more than 1.7 billion YouTube views, the group's a...

NCSOFT Corp. announced on Monday that it has launched VARCO Judge LLM, the first evaluation model in South Korea to verify the performance and capab...

South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the...

India’s finance ministry, central bank and stock market operator outlined the country’s regulatory and investment environment for South ...

South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...

No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...