financial woes

South Korea’s Daol Investment & Securities Co. plans to sell a controlling stake in its Thai subsidiary, Daol Thailand PCL, as part of its...

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns over a slowdown in As...

A South Korean small insurer will buy back dollar perpetual bonds as scheduled, reversing its earlier decision not to recall the notes, to ease conc...

South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...

South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...

SK On Co., the world’s fifth-largest electric battery maker, may receive money for capacity expansion from its parent company SK Innovation Co...

Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...

South Korea’s $35 billion rescue plan provided a temporary painkiller to the domestic bond markets rattled by Legoland Korea developer’s...

Mirae Asset Financial Group is set to chip in some $200 million toward Tesla CEO Elon Musk’s $44 billion takeover of Twitter Inc. in acquisiti...

South Korean luxury e-commerce platform operator Balaan Co. will complete the attraction of 25 billion won ($17.3 million) in investment in a Series...

South Korean builder Hanwha Engineering & Construction Co. has aborted a $10 billion project to build a Bismayah new city in Iraq after failing ...

South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...

Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...

South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

South Korean fashion business operator SBW Group is joining the race to acquire global leading textile firm The Lycra Company, investment banking so...

South Korea’s leading venture capital companies with at least 1 trillion won ($711 million) in assets under management are looking for promisi...

Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...

A three-year-old South Korean fintech company is having trouble raising money through a Series B funding round as investor sentiment on the sector h...

The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...

Chief executives of South Korea’s No. 2 conglomerate SK Group are overhauling their action plans to implement the “financial story&rdquo...

Gourmet food delivery platform Kurly and Golfzon County have won preliminary approval for their initial public offerings set for this year.The Korea...

Private equity firms have snapped up South Korean assets over the past two years, driving their valuations near historic highs in the liquidity-driv...

BC Card Co., a South Korean financial services provider, agreed to acquire an Indonesian IT company as it expands its businesses into overseas marke...