South Korea Finance & Banking

Financial news from South Korea, covering banking, investments, fintech, and monetary policy.

Qatar LNG Disruption Threatens Korea's Energy Costs

South Korea faces rising energy costs after Qatar, one of the world's largest liquefied natural gas producers, hinted at declaring "force majeure" on long-term supply contracts following an Iranian at...

Published 2026.03.20. 17:54:40 | By Jae-hyun Joo

Otek Carrier Launches Multi-S Air Conditioner Promotion

Otek Carrier announced on the 20th that it is running a promotion for its multi-pipe system air conditioner "Multi-S" through the 31st. Otek Carrier ...

Published 2026.03.20. 16:37:39 | By Kim Ye-sol

Shinhan Bank Nominates Lawyer, Professor as New Outside Directors

Shinhan Bank announced that its board of directors held an Executive Candidate Recommendation Committee meeting on the 20th and nominated attorney Yoo...

Published 2026.03.20. 15:02:00 | By Cho Ji-won

KGM Partners with Research Institutes on AI Humanoid Development

KG Mobility (003620) is accelerating development of customized AI humanoid robots to drive paradigm innovation in process automation. KG Mobility ann...

Published 2026.03.20. 14:37:09 | By Jang Hyun-ki

South Gyeongsang to Give $70 to All 3.2 Million Residents

South Gyeongsang Province will distribute 100,000 won ($70) to each of its 3.2 million residents to counter the economic downturn triggered by the U.S...

Published 2026.03.20. 14:11:45 | By Kang Ji-won, AX Content Lab

Korean Bank Delinquency Rate Hits 9-Year High in January

Delinquency rates at Korean banks reached their highest level in nine years for the month of January, driven by a growing number of large corporations...

Published 2026.03.20. 11:33:10 | By Shim Woo-il