3+ day, 12+ hour ago   (513+ words) South Korean prosecutors questioned MBK Partners Chairman Michael Byungju Kim on Sept. 10 over allegations related to the financial crisis at Homeplus, the troubled discount chain controlled by the country’s top private equity firm. According to legal sources, the Seoul Central…...

4+ day, 6+ hour ago   (372+ words) South Korean prosecutors are reportedly expected to question MBK Partners Chairman Michael Byungju Kim this week over allegations related to the financial crisis at Homeplus, the struggling discount store chain controlled by the private equity firm. The Seoul Central District…...

5+ day, 13+ hour ago   (754+ words) South Korea’s Hanwha Ocean announced on Sept. 9 that the corporation has been selected as the preferred bidder for the Royal Thai Navy’s next-generation frigate project. The shipbuilder noted that it will begin detailed negotiations with the Royal Thai Navy on…...

6+ day, 7+ hour ago   (237+ words) South Korea’s Hana Bank announced on Sept. 8 that CEO Lee Ho-sung has joined a nationwide campaign aimed at protecting financially vulnerable people from illegal lending. The Seoul-based lender noted that Lee participated in a campaign launched in July by a…...

6+ day, 10+ hour ago   (986+ words) This is the fifth installment in a series profiling South Korean business leaders with distinctive backgrounds and career paths. _ ED. Few South Korean business tycoons would have cultivated as public a persona as Shinsegae Group Chairman Chung Yong-jin, a third-generation…...

6+ day, 11+ hour ago   (331+ words) South Korea’s Mirae Asset Global Investments announced on Sept. 8 that it has launched a new exchange-traded fund that invests equally in the S&P 500 and short-term U.S. Treasury securities. The asset manager said that the TIGER U.S. S&P 500 U.S....

1+ week, 2+ hour ago   (243+ words) South Korea’s Shinhan Life Insurance announced on Sept. 7 that it has introduced an upgraded fraud detection system designed to identify suspicious transactions in real time. The life insurer noted that the new fraud detection system (FDS) analyzes customers’ access and…...

1+ week, 8+ hour ago   (336+ words) South Korea’s KB Financial Group announced on Sept. 7 that the outfit has held a group-wide competition to develop AI agents designed to solve real-world workplace problems. The Seoul-based financial conglomerate noted that the “2026 KB Financial Group AI Agent Competition” took…...

1+ week, 4+ day ago   (306+ words) Korea Zinc announced on Sept. 3 that its Onsan Smelter has provided 230 million won ($170,000) to help strengthen disaster preparedness and emergency response capabilities in the southeastern industrial city of Ulsan. The nonferrous metals giant noted that the funding will be used…...

1+ week, 4+ day ago   (239+ words) The Korea Trade Insurance Corp. (K-Sure) announced on Sept. 3 that it will provide $50 million in working capital to the U.S. subsidiary of the country’s cosmetics manufacturer Cosmax to support its expansion in the North American market. The state-run trade insurer, better…...