financial risk

Daewoo Engineering & Construction Co. has said it signed a contract on Jan. 26. to develop the H1HH1 block in Starlake, a new urban town in no...

LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...

South Korea's HDC Hyundai Development Co. plans to raise more than 1 trillion won ($832 million) in funding backed by its real estate holdings as th...

South Korea is slated to see a trade deficit for a second straight month in January for the first time since the 2008-09 global financial crisis on ...

South Korea's SillaJen Inc., once the largest stock on Kosdaq by market value, faces a higher risk of being kicked out of the country's junior stock...

Mirae Asset Financial Group, South Korea’s capital market giant, is set to enter the digital asset business, starting with a digital asset cus...

Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief investment officer,...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

GS announced the establishment of a corporate venture capital (CVC) firm Sunday, the first of its kind for a holding company in Korea. The announcem...

South Korea is preparing measures to secure coal as Indonesia, the world’s largest supplier of thermal coal, banned exports of the commodity t...

November’s inflation print, while mostly in line with market expectations, was staggeringly high. Headline inflation increased ...

South Korea's real estate prices have risen at a rapid pace over the past two years, but that would not indicate an increased risk of loan defaults ...

Mirae Asset Global Investment Co., South Korea’s leading asset manager, has participated in a $260 million Series B funding for Jokr, a New ...

The United States expected SK Hynix Inc.’s capital expenditures plan in China to pose a threat to national security, Washington’s top tr...

Hopes for improving corporate earnings are rising as countries around the world are relaxing their anti-COVID-19 measures, but South Korean companie...

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...

The diesel exhaust fluid (DEF) shortage in South Korea stemming from China's suspension of urea exports is getting worse, as local DEF inventories a...

Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...

South Korea’s economy expanded slower than expected in the third quarter on sluggish private consumption and capital expenditures offset healt...

Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...

South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to...

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

The deal to combine the world's largest shipbuilder Hyundai Heavy Industries Co. with second-ranked Daewoo Shipbuilding & Marine Engineering Co....

In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a...

South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

South Korea is considering curbing margin loans offered by brokerage companies to stock investors, as part of the government efforts to rein in soar...