financial sector

Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, announced a reshuffle wit...

South Korean non-performing loan (NPL) managers are increasing fundraising through corporate debt issuance given an outbreak of bad loans amid highe...

South Korea’s electric equipment maker HD Hyundai Electric Co. said on Wednesday it has won a power transformer supply deal worth 47.1 million...

South Korea's service robot company Everybot Inc. acquired AI robot mobility specialist hyCore to expand into the personal mobility sector. Everybo...

South Korea will strengthen regulations on the conversion prices of convertible bonds (CBs) to protect stakeholders from excessive share dilution, t...

South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...

South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....

Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...

South Korea is dedicating around $7 billion to help wean its electric-vehicle battery supply chain away from China and align more with U.S. trade gu...

Back in 2021, South Korea’s retail titan Shinsegae Inc. beat its archrival Lotte Shopping Co. to purchase Gmarket and Auction, the country's t...

South Korea’s entertainment and content industries suffered from hasty expansions with investments of billions of dollars in the global market...

Woori Financial Group Inc., South Korea’s fourth-largest financial services group, has acquired Korea Foss Securities Co., paving the way for ...

South Korea's Jusung Engineering Co. plans to spin off its semiconductor, solar, and display equipment businesses and transform into a holding com...

There is potential distress in the U.S. multifamily housing sector today.  we believe there is a window of opportunity over the next 12-18 mont...

South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...

South Korea's Woori Financial Group announced on Wednesday that it has opened the DinnoLab Vietnam Center in Hanoi.DinnoLab is a program by Woori ...

South Korea’s SK Telecom Co. announced on Tuesday that it signed a memorandum of understanding (MOU) for cooperation in measuring social value...

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has completed the test operation of its first liquefied natural ga...

Korea Land & Housing Corporation (LH) announced on Tuesday that it had issued Brazilian real-denominated bonds worth approximately 270 billion w...

Global investment bank Goldman Sachs said on Monday that it has named managing director Choi Jae-joon as the new chief of its Seoul office.Choi lead...

The South Korean government has launched an artificial intelligence strategy council, jointly with domestic big tech firms such as Naver Corp. and K...

South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on strong overseas sales o...

The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...

Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...

POSCO International Corp., the general trading and resources exploration subsidiary of South Korea’s steel giant POSCO Holdings Inc., aims to ...

dd South Korea’s securities firms suffered a 20% fall in overall net profit last year hurt by the weak property market, adding to bearish vie...

The credit rating of E-Mart Inc., South Korea’s top hypermarket chain operator, was downgraded to AA- by local agency NICE Information Service...

Krafton Inc., South Korea’s gaming behemoth, is gearing up for the second chapter of its business through “mega” M&A deals and...

South Korea may inject some 2 trillion won ($1.5 billion) into Korea Development Bank (KDB) by the end of this month to support the state-run bank's...