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Two leading South Korean banks – Shinhan and Hana – have provided a combined 47 million pounds ($63 million) in senior loans to finance ...

Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...

South Korea’s mobile platform giant Kakao Corp. said Thursday its operating profit and sales jumped to their all-time highs in the third quarter...

South Korea’s Kookmin Bank has issued $500 million in subordinated bonds as part of its efforts to expand loans for environmental, social and go...

Shinhan Bank Vietnam Ltd., the Vietnamese subsidiary of Shinhan Bank, is close to becoming the top foreign bank in Vietnam thanks to its solid perform...

TPG will acquire a 2.7% stake in South Korea’s mobile banking app KakaoBank for 250 billion won ($222 million) ahead of an initial public offeri...

The Bank of Korea has left its policy rate unchanged at a record low of 0.5% as was widely expected, citing a slow economic recovery amid the ongoing ...

South Korea’s seven-member boy band BTS has had many firsts over the years. They were the first Korean band to perform at the legendary Wembley ...

Samsung Electronics Co. has sharply narrowed its gap with Apple Inc. in the US online smartphone market during the second quarter of this year to arri...

KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...

Shinhan Bank has raised A$400 million ($285 million) in five-year bonds denominated in the Australian dollar to fund lending to pandemic-hit companies...

The Export-Import Bank of Korea (KEXIM) has issued euro-currency bonds worth $500 million at a negative interest rate, the bank said on Sept. 15, less...

South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will likely receive 400 billion won ($3...

South Korea’s largest internet portal Naver Corp. has committed 110.4 billion won ($93 million) to two Europe-focused startup funds since late l...

Bond issuance by South Korean banks has risen to a record high as banks move to secure adequate capital to ride out any short-term liquidity disruptio...

The average capital adequacy ratio of South Korean banks declined in the April-June period for the third consecutive quarter, weighed by rising corpor...

The Bank of Korea revised down its 2020 growth forecast for the South Korean economy to a negative 1.3% from the previous 0.2% contraction on August 2...

Kookmin Bank has increased its stake in Bank Bukopin to become the largest shareholder in the medium-sized Indonesian lender, as it works to boost its...

The South Korean economy is expected to shrink at a steeper rate than the expected 0.2% this year, and the Bank of Korea (BOK) will sharply revise dow...

The US private equity firm TPG Capital and South Korea’s top Internet portal Naver Corp. have participated in preliminary bidding for a pre-IPO ...

The Bank of Korea (BOK) left the benchmark rate unchanged at a record low of 0.5% as expected on July 16, citing the slowing economy and the overheate...

The Carlyle Group has raised $600 million for an infrastructure credit fund in South Korea jointly with two domestic financial services firms to lend ...

Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...

The Export-Import Bank of Korea (KEXIM) has nearly doubled the size of its planned new bond sale in Australia to A$700 million ($460 million) on stron...

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

Expanding to India was a no-brainer decision for Lee Cheol-won."It took just five minutes to make the call," said Lee, CEO of Balance Hero, a financia...

The Industrial Bank of Korea (IBK) and two Chinese banks have extended a syndicated loan of $120 million to fund a stake purchase in a liquefied natur...

Kookmin Bank, South Korea’s biggest lender, has committed $20 million to two aviation funds to provide junior and mezzanine loans for Airbus and Boein...

Three big South Korean lenders have lent a $85 million club loan to ALAFCO, a Kuwait-based aircraft leasing company, which recently raised $115 millio...

South Korea’s state-run lender KDB Bank and NH Investment & Securities Co. Ltd. have underwritten a $15 million subordinated debt each to partiall...