foreign exchange reserves

Dunamu Inc., the operator of Korea’s largest cryptocurrency exchange Upbit, has announced that its accumulated third-quarter net profit came i...

Samsung Electronics Co. on Thursday carried out its year-end reshuffle of mid-tier executives, marked by the highest number of promotions for female...

Foreigners bought Kospi 200 futures contracts on “quadruple witching day," the quarterly simultaneous expiration of South Korean options and f...

Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...

Virtual realms known as the metaverse that have become the hot topic for tech companies also are winning a new fan base among investors.SoftBank Gro...

As the adoption of artificial intelligence becomes more prevalent, the value of data also increases rapidly. The quality and quantity of data...

Come next month, Korea will see its first online game-based non-fungible token exchange. Seoul-based video game developer WeMade Co., Ltd will ...

South Korea's National Pension Service (NPS) Investment Management said on Nov. 29 it earned 67.4 trillion won ($56.5 billion) return for the first ...

South Korea’s SK Square, an investment firm spun off from SK Telecom Co., will buy a stake in a local cryptocurrency exchange to expand its po...

"It caused quite a commotion in our industry." This was the common response by cryptocurrency exchange insiders to the news that Dunamu Inc., an ope...

Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...

South Korean investors suffered a $5.7 billion loss in the third quarter from overseas stock investments on weak foreign shares. Individual investor...

The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...

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

HYBE Co., the label behind BTS, is expected to launch non-fungible tokens (NFTs) for assets of the world’s top boy band alongside the operator...

Foreign brokerage companies have dominated the list of short sellers in South Korean stock markets since the short-selling ban was lifted on large-c...

Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...

South Korean battery materials shares have rallied with their market capitalization nearly doubling since early January thanks to strong growth in t...

The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

Samsung Electronics Co. is well known for its ample cash reserves close to $100 billion, ready to spend where it deems necessary for growth.But the ...

South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...

Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...

South Korea’s online content platform KidariStudio Inc. will likely attract 50 billion won ($43 million) from China’s ByteDance Ltd., th...

South Korea’s cryptocurrency exchange market is being dominated by the biggest platform Upbit that holds about 80% of all transactions made in...

South Korea’s National Pension Service, the world’s third-largest pension fund, was set to reduce outsourcing of foreign bond investment...

Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...

South Koreans’ foreign stock holdings jumped 50% to an all-time high as retail investors sought high returns from US shares whose gains ramped...