financial sector

South Korean conglomerate SK Group is considering selling some of its assets in Vietnam and Malaysia owned by its investment vehicle SK South East A...

South Korea’s general equipment manufacturer SFA Engineering Corp. is poised to acquire CIS Corp., a renewable battery production equipment ma...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...

Major advertising agencies in South Korea have appointed women to the position of vice president. Because advertising is a field in which women are ...

Hyundai Mobis Co., the world’s sixth-largest automotive part supplier, and Israeli teleoperation startup Ottopia Technologies Ltd. have joined...

An expert says the first half of next year will see the start of brisk M&As in biopharmaceuticals targeting strategic investors.Pyeon Jae-seong,...

Mirae Asset Securities Co. said on Tuesday it had introduced two domestic stock artificial intelligence (AI) reporting services through its mobile t...

Woowa Youths, an affiliate of Woowa Brothers, the parent company of South Korea's top food delivery app Baedal Minjok, on Monday announced its visio...

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group, on Monday said it completed the LS Mtron Parts and Solution ...

South Korea's Truston Asset Management has changed the purpose of its stock investment in the chemical and textile company Taekwang Industrial Co. f...

South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...

South Korea's bio industry last year exceeded 20 trillion won ($15.4 billion) in production for the first time and continues to see strong growth.Th...

Hanwha Q Cells Co., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Wednesday it has signed a deal to sel...

The Korean government by 2027 seeks to develop 30 food tech unicorns and boost exports in this sector to $2 billion through stronger support for the...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, is poised to invest 1.5 trillion won ($1.1 billion) in re...

South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...

KB Financial Group has been included in the 2022 Dow Jones Sustainability World Index for seven years in a row announced by Standard & Poor's Gl...

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

China’s Dajia Insurance Group Co. seeks to divest of a full stake in its South Korean subsidiary ABL Life Insurance Co. with an estimated valu...

South Korea’s current account surplus plunged as exports fell for a second straight month, adding to concerns over a slowdown in Asia’s ...

South Korea's SK Telecom Co. on Thursday said the International Telecommunication Union's Telecommunication Standardization Sector (ITU-T) approved ...

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...

The slowly growing extended reality (XR) market next year is expected to explode as global big tech companies get ready to launch augmented (AR) and v...

South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...

The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...

The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...

Samsung Heavy Industries said on Tuesday in a regulatory filing that it has sold a drillship to Saipem, an Italian offshore drilling company, for 29...

Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...