The Korea Asset Management Corporation (KAMCO) is expanding its cooperation with Asian financial authorities, drawing on nearly three decades of experience managing nonperforming loans (NPL) to help c...

Jinju, South Gyeongsang Province, will host the 2026 Jinju International Forum on Entrepreneurship from Oct. 18 to 20, bringing together United Nations officials, global business leaders and scholars ...

Shinhan Financial Group has officially launched Shinhan Financial Group Indonesia, becoming the first Korean financial group to establish a local financial holding company in the Southeast Asian count...

Shinhan Financial Group Inc., a major banking group, has decided to take over a midsize non-life insurer for 693 billion won ($518 million) to diversify its business portfolio, industry sources said T...

Lexus Korea has launched its first all-electric ES sedan, expanding the luxury carmaker’s electrification strategy beyond its established hybrid lineup, as it moves to strengthen its position in the i...

Concerns are growing that the technological gap between China's CXMT and Korean memory makers Samsung Electronics and SK hynix in DRAM technology has already narrowed, after the Chinese company unveil...

MetLife Korea relocated its headquarters from Gangnam District in southern Seoul to the central part of the capital, the insurer said Tuesday. MetLife Asia Regional President Lyndon Oliver, MetLife Ko...

Kakao showcased an artificial intelligence (AI) assistant, Kanana Space, for KakaoTalk on Tuesday, outlining plans to turn its flagship messenger into an interface for managing messages, schedules and...

The rivalry between Korean tech giants Toss and Naver has escalated into a public dispute, with both sides trading accusations of unfair business practices, drawing scrutiny from lawmakers, industry o...

Samsung Electronics Executive Chairman Lee Jae-yong will receive the company’s shares worth 2.6 trillion won ($1.94 billion) from his mother, former Leeum Museum of Art Director Hong Ra-hee. According...