money services business

National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

KT Corp., South Korea's No. 2 telecom operator, has decided to invest 130 billion won ($110 million) in Megazone Cloud Corp., the country's largest ...

Audio streaming platform Genie Music Corp. has held four metaverse concerts for K-pop singer Jamie Park so far this month. At one point during ...

South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...

MBK Partners and IMM Private Equity will each be investing 200 billion won ($167 million) in Megazone Cloud Corp., the first South Korean business p...

In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...

WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...

South Korea’s first-generation game developer NHN Corp. is gearing up to regain its past glory as the leader of the game industry.The tech gia...

South Koreans are continuing their rush to safer assets with the balance of bank deposits, money market funds (MMFs) and cash management accounts (C...

Kakao Corp. announced Sunday that it plans to launch the European version of its webtoon subscription service in either April or May of this year....

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea.  The Ministry of L...

South Korea's POSCO Co. will transform into a holding company structure on Mar. 2, after its plan to split itself into a holding firm and a steelmak...

Naver Corp., South Korea’s online portal giant, decided to make an additional investment in a web content unit to expand its global webtoon an...

LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...

Netmarble Corp. unveiled detailed plans for a hawkish entry into the blockchain and metaverse industries on Thursday. The mobile game developer...

Hyosung Group’s annual operating profit exceeded two trillion won ($1.9 billion) for the first time since the company was founded in 1966.Loca...

Hyosung Group is stepping up efforts to turn into an eco-friendly business, announcing huge investment plans on hydrogen and renewable energy projec...

Hopes for a rebound in South Korea’s entertainment shares emerged as their earnings are expected to improve on new businesses and their valuat...

Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...

South Korea’s game developers are expected to seek more acquisitions of the metaverse and non-fungible token (NFT) companies for new profit so...

Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...

Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...

Mirae Asset Financial Group, South Korea’s capital market giant, is set to enter the digital asset business, starting with a digital asset cus...

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, is reorganizing its business struct...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

South Korea’s e-commerce giant Coupang Inc. is looking to tap into the country’s logistics industry, shaking up the sector, while market...

South Korea's leading edutech service firm has put The Princeton Review up for sale, five years after it acquired the US college test preparation se...

As South Korean securities regulators are moving to tighten their grip on the growing trend of splitting up businesses and listing the spun-off arms...