money services business

South Korean conglomerate LS Group is eyeing the growing electric vehicle industry and the markets derived from it. The group announced the lau...

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

Kakao Entertainment Co. will launch a webtoon platform in Indonesia, the most populous country in Southeast Asia, to expand the business in the regi...

SK Group, South Korea’s third-largest conglomerate, has geared up its electric vehicle chip business development with the acquisition of a loc...

South Korea’s Lotte Chemical Corp. is advancing into the electric vehicle battery market by forming a $200 million joint venture with US batte...

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – on Monday posted strong first-quarter earnings, driven by...

LG Chem Ltd. and Korea Zinc Inc. will set up a joint venture to produce precursor, a key material in the production of cathode materials for electri...

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...

South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

National Pension Service (NPS) of South Korea, the world's third-largest pension fund with 948.7 trillion won ($768.9 billion) in assets under man...

South Korean individuals are likely to become the first non-resident direct stock investors in India, after the South Asian country lifted the ceili...

KT Corp., a major telecommunications company in South Korea, is set to enter the Vietnamese healthcare market with a pilot telemedicine service an...

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...

Awake Corp., a startup that operates platforms to assist online creators, recently attracted 1.1 billion won ($892,473) in seed capital. The total a...

Grade-A offices saw their lowest-ever quarterly vacancy rate in the first quarter of 2022 since 2010, when Canada-based real estate investment manag...

Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is slated to intensify its partnership with ...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...

South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...

Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones. Its shares, howeve...

South Korea's SK Hynix Inc., the world’s top-tier semiconductor manufacturer, unveiled its new solid-state drive (SSD) for data centers on A...

Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin (SEBC), a Japanese c...

South Korean SK Innovation Co. does not expect to list its battery subsidiary until at least 2025, the company’s chief executive said on Thurs...

Hyundai Engineering & Construction Co. is tapping into the US nuclear power plant dismantlement market by expanding its partnership with Holtec ...

Samsung Group’s 150 billion won ($124 million) Life Science Fund launched last year has chosen a leading US gene therapy development company a...

South Korea’s Hanwha Solutions Corp. is set to split off its advanced materials business and sell a stake in the unit to raise $491 million fo...