Online lender K Bank withdraws plan for Kospi listing
K Bank, a South Korean online bank, has postponed its initial public offering (IPO) plan to list on the main bourse Kospi later this month.The digit...
Samsung mobile chief to talk with Qualcomm on Galaxy S25 chips
Global smartphone leader Samsung Electronics Co.'s mobile business chief is expected to hold talks with senior executives of Qualcomm Inc. about s...
KB Kookmin Bank issues €500 mn in covered bonds
South Korea's KB Kookmin Bank said on Tuesday that it issued €500 million ($545 million) in global covered bonds the previous day.Covered bonds...
K Bank aims to turn into AI-based investment platform: CEO
K Bank, the digital banking unit of South Korean telecom giant KT Corp., aims to turn into an AI-based investment platform after going public later ...
S.Korea tops 5G mobile gaming environment in E.Asia
South Korea led the game score in East Asia with 90.06 out of 100 during the first half of this year, followed by China with 85.64 and Japan with a ...
BOK flags more rate cuts but in gradual, small steps
South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...
FTC fines Kakao Mobility $55 mn for alleged unfair taxi-hailing service
South Korea’s antitrust body has fined Kakao Mobility Corp., the country’s largest taxi-hailing app operator, 72.4 billion won ($54.9 mi...
Naver Pay partners with GLN International
South Korea's Naver Pay announced on Wednesday that it partnered with Hana Bank’s global payment network subsidiary, GLN International, to lau...
Korea’s finance min, central bank chief to take on demographic crisis
South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task ...
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...
Korea Investment Corp. appoints Park Il Young as its new CEO
South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...
Chabot Mobility raises $900,000 in Series C round
South Korea's automotive management platform startup Chabot Mobility said on Wednesday that it raised 1.2 billion won ($900,000) in a Series C inv...
Korea’s Hana Financial Group targets foreign customers
Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...
Hyundai's Chung to nurture Czech plant as hub for eco-friendly mobility
Hyundai Motor Co. Executive Chairman Chung Euisun has vowed to turn the South Korean automotive conglomerate’s plant in the Czech Republic int...
Korean banks post significant H1 profit drop at overseas operations
South Korea’s top four banks saw a significant drop in their overseas earnings in the first half as they focused more on domestic businesses s...
Hana Bank opens branch for foreign customers in Pyeongtaek
South Korea's Hana Bank said on Thursday that it opened a branch for foreigners in Pyeongtaek.The Pyeongtaek Foreign Customer Center, located in Pye...
S.Koreans log most hours on YouTube worldwide
YouTube was the most popular app among South Korean smartphone users, a study found, logging the most hours on the video streaming platform worldwid...
Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index
Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual...
Korea's Woori Bank adds two more branches in India
South Korea’s Woori Bank announced on Thursday that It has opened additional branches in Pune and Ahmedabad, India.These are the bank's fourth...
SPC, SK Telecom to collaborate on AI business
South Korea's SPC Group and SK Telecom Co. signed a memorandum of understanding (MOU) to collaborate in various areas such as membership and busines...
No Korean firms make it onto Korea’s top five mobile games list
No South Korean game titles developed by domestic game developers made it onto the list of the country’s top five mobile games last month, ind...
LG’s telecom unit looks to lure foreigners with more K-pop-themed shops
LG Uplus Corp., South Korea’s No. 3 mobile carrier, is set to lure foreign customers by opening K-pop-themed stores in the country's major sho...
Online lender K Bank aims for IPO at $4 bn valuation in Q4
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the...
Korea’s credit loans balloon as regulators cap mortgages
Credit loans are ballooning in South Korea as regulators tightened their grips on record-high mortgages to rein in the growth in household lend...
Hana Bank opens overseas office in Monterrey, Mexico
Hana Financial Group announced on Thursday that it opened the Monterrey Office, the first business channel of Hana Bank Mexico, in Monterrey, Mexico...
S.Korea’s Q2 GDP slows 0.2%, upholds rate cut expectations
South Korea’s economic growth slowed in the second quarter on weaker domestic consumption and investment by private businesses, heightening ex...
August inflation puts BOK under fire for delayed pivot
South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...
Samsung Galaxy S25 to run on Qualcomm chips
The Galaxy S25, a new iteration of Samsung Electronics Co.'s flagship Galaxy smartphone series, will run on Qualcomm Inc.’s application proces...
Naver Map sees 30% increase in foreign user base
The foreign users of Naver Map, the map service of South Korea's online platform giant Naver Corp., have a 30% increase from last year. Naver...
Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...
