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South Korea’s central bank is cautious about non-banks and fintech firms issuing and handling stablecoins amid a global cryptocurrency rally, ...

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

The investment banking head of Morgan Stanley’s Seoul office is stepping down after overseeing a series of landmark deals over more than a dec...

Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...

Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...

KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest inc...

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country&rsquo...

Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...

Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...

StockX, the world’s most popular online resale marketplace, is in talks to merge with Kream, a resale unicorn under South Korea’s tech g...

Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...

Netmarble Corp., South Korea’s leading game developer, is slated to roll out “RF Online Next” on March 20, a revamp of the old tit...

South Korea will lift restrictions on banks' purchase of domestically issued foreign currency bonds, dubbed “kimchi bonds," as part of policy ...

South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...

South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...

South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...

With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...

South Korea plans to allow companies listed on the local stock market to trade virtual assets, including cryptocurrencies, on a pilot basis in the s...

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024...

South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...

South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered i...

Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...

The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...

You can now buy a Hyundai on Amazon.You read that right. You can buy a vehicle on the same site where you purchase dinosaur balloons and roller skat...

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...