major domestic banks

Affinity Equity Partners will buy a 100% stake in South Korea’s second-largest car leasing company SK Rent-a-Car Co. for 820 billion won ($591...

SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...

Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...

At the height of the COVID-19 pandemic a few years back, social distancing was the rule of life. People stayed at home, with many of them killing ti...

South Korean fishery processing and seafood major Sajo Daerim Corp. has forayed into the frozen kimbap market, becoming a new big player in the coun...

KB Bukopin, the Indonesian banking arm of South Korea’s Koomin Bank, extended its losing streak through the first quarter of this year, weighe...

South Korea's Shinhan Bank announced on Tuesday that it signed a memorandum of understanding with Hyosung TNS and LG CNS to implement future banking...

LG Uplus Corp. will enable its artificial intelligence ixi on Instagram later this year to allow more people to have easy access to the most sensati...

Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...

The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...

South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...

South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...

South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...

South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

South Korea's KB Kookmin Bank announced on Friday that it signed a memorandum of understanding (MOU) with the National Bank of Cambodia to establish...

South Korea's Woori Bank announced on Tuesday that it is recruiting interns targeting Southeast Asian students studying in Korea.This program aims t...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

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...

Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

The athletic-leisure brand Andar Co. announced on Friday that it will strengthen its technological alliance with the LYCRA Company, the world's larg...