Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open on Sundays. The new global desks are located at the head office ...

Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time since its first global venture over two decades ago, following a slew of overseas ...

South Korean drone maker Alux Co. said on Monday its cumulative export contracts with the US and Japan have surpassed 7 billion won ($5 million). The company’s total overseas drone sales have reached ...

Chinese online shopping giant Alibaba Group Holding Ltd. has invested 100 billion won ($71.4 million) in South Korea’s top women’s clothing app operator Ably Corp., securing a 5% stake to tap into the ...

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American foundry operations, ramping up efforts to bolster its ...

Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as part of its broader push to expand supply to premium ...

South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme to emerge as the No. 1 imported beauty goods in the US and ...

Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will likely withdraw from the polysilicon production business in the US by pulling the plug ...

South Korea’s government has announced emergency-support measures for the country’s auto sector, as it rushed to ease the impact of U.S. President Trump’s tariffs. The multi-billion-dollar aid package ...

South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine government’s multirole fighter (MRF) aircraft procurement project, with ...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to begin strategic currency hedging to unload as much as $48.2 billion ...

In an ambitious bid to shape the future of technology, Samsung Electronics Co. is launching a sweeping initiative to collaborate with elite North American universities to delve into growth sectors ...