money services business

The combined total assets of real estate investment trusts (REITs) in Korea surpassed 70 trillion won ($58.4 billion) as of the end-2021, 20 years a...

South Korea’s third-largest chaebol, SK Group, announced its plans to launch a consultative body to create synergy among its three subsidiar...

South Korea's two non-ferrous metal product leaders Korea Zinc Inc. and Poongsan Corp. are tipped to report their record earnings in 2021, after str...

When Dia Kang first moved to Silicon Valley in October 2016 to create a dance app to learn K-pop moves, there was no worldwide pandemic. By Jan...

SK Telecom Co. and KT Corp. are poised to go head to head in manufacturing chips for artificial intelligence. The telecom giants will utilize their...

Hyundai Motor Co., South Korea’s top automaker, aims to roll out mass-produced hands-free Level 3 self-driving cars, starting with the flagshi...

South Korea’s antitrust regulator the Fair Trade Commission (FTC) has decided on conditional approval for Korean Air Lines Co.‘s 1.8 tri...

South Korea's largest supermarket chain E-Mart Inc. has spent nearly $4 billion on acquisition deals so far this year, including the $3 billion purc...

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

South Korea’s initial public offering market continues to rewrite history this year. More than 20 million people have participated in the...

Diageo Korea Co., London-headquartered multinational beverage alcohol company Diageo plc’s Korean affiliate and the biggest whisky importer in...

Shares of Korean companies supplying parts to Apple rose sharply on Thursday. The jump comes on the back of robust iPhone sales and buzz that the ...

South Korea’s Fair Trade Commission has imposed a fine of 1.6 billion won ($1.3 million) on SK Group Chairman Chey Tae-won and the conglomerat...

Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is set to acquire the management rights of d...

South Korea’s steel giant POSCO has chosen stability over reform in its latest management overhaul, retaining most chief executives at group a...

With stock and cryptocurrency fevers subsiding amid a monetary tightening bias, South Koreans are moving their money back to safe assets, as banks s...

South Korea’s DL Energy is set to expand its power plant business in the US.DL Energy, formerly known as Daelim Energy, said on Dec. 17 that i...

Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...

High price tags of target companies can be justified if you understand long-term trends of the industry and have expertise in the sectors, Conni Jon...

Shares of Korean robot makers jumped this week following a tech giant’s decision to extend resources on its robotics department. Invest...

Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...

South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...

Samsung Electronics Co. on Friday changed the name of its mobile communications business to MX, short for mobile experience, in line with its pursui...

ViacomCBS Inc., one of the top four US media conglomerates, and CJ ENM Co., South Korea’s entertainment powerhouse, have teamed up to expand t...

Drivers of Hyundai Motor Co. and Kia Corp. are set to enjoy their favorite original TV shows and dramas in-vehicle in near real-time, created by Sou...

South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...

Leaders of South Korea’s three big conglomerates – Samsung, Hyundai and SK – are meeting with their major partners and business le...

Krafton Inc., one of South Korea’s major game developers, is entering the metaverse space by investing 5 billion won ($4.2 million) in Zepeto,...

South Korea’s parliament on Dec. 3 approved a record $515 billion spending for 2022 to support a recovery in Asia’s fourth-largest econo...

Kakao Corp., an operator of South Korea's top mobile messenger app KakaoTalk, has set its sights on the digital healthcare market, launching an in-h...