Peer-to-peer (P2P) lending in Korea could be taken global as gig-economy workers everywhere have similar income characteristics and credit profiles, according to 8percent CEO Lee Hyo-jin.
Korean companies are cutting back on investment as global economic turmoil has them rethinking rapid expansion. Major companies rolled out big investment plans totaling over 1,000 trillion won ($770 billion) after the Yoon Suk-yeol ...
Hanjin Transportation will invest of total 1.1 trillion won ($859 million) by end of 2025, an it will also open its own metaverse world on the Zepeto application.
Lotte Aluminium will invest an additional 110 billion won ($84.4 million) in its anode foil plant in Hungary, targeting the growing electronic vehicle battery market in Europe.
Kasa Korea said shares in a distribution center in Cheonan in South Chungcheong sold out on the first day they were offered.
Merck Korea completed the additional construction of an organic light-emitting diode (OLED) manufacturing facility in Pyeongtaek, Gyeonggi, the tech company said Thursday. The completion comes two years after Merck Korea, the Korean branch of ...
Jang Ha-won, CEO of Discovery Asset Management, a troubled fund company accused of causing losses to investors of over 250 billion won, was arrested Wednesday.
Kumho Petrochemical and related companies will invest a total of 6 trillion won ($4.8 billion) over five years into materials used in electric vehicles (EVs) and hydrogen cars.
Industrial production rose 4.5 percent in April, Statistics Korea reported Tuesday.
CJ companies will locally invest a total of 20 trillion won ($16 billion) by end of 2026, with a significant portion allocated to the entertainment and culture industry.