BOK chief warns against aggressive policy rate cuts, sees need for stimulus

Bank of Korea Governor Rhee Chang-yong on Thursday signaled a cautious approach to monetary easing, warning that excessive interest rate cuts could ...
Bank of Korea Governor Rhee Chang-yong on Thursday signaled a cautious approach to monetary easing, warning that excessive interest rate cuts could ...
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has yet to decide on a plan to select local extern...
Global financial markets are facing rising volatility and uncertainty this year as the US stock market rally led by Big Tech is losing steam amid co...
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen Deloitte Anjin LLC as its lead manager to sell Four Points...
South Korea’s National Pension Service (NPS) has selected three asset managers to oversee its domestic core real estate platform fund — ...
South Korea said on Wednesday it aims to boost returns on 62.1 billion won ($42.7 billion) in the public fund investment pool by entrusting some of ...
South Korea’s mergers and acquisitions market is gearing up for two megadeals involving specialty gas makers, worth 5 trillion won ($3.4 billi...
South Korea's SPC Group, the operator of the bakery franchise Paris Baguette said on Thursday it plans to build a plant in the City of Burleson, Joh...
SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, said on Monday that its rice cake franchise Bizeun developed ...
As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1...
Korea Zinc Inc., the world’s top lead and zinc smelter, said on Tuesday its Australian subsidiary Ark Energy selected Hanwha Corp. as the pref...
GUMI, North Gyeongsang Province — South Korean defense maker LIG Nex1 Co. aims to export its unmanned surface vessel (USV) under development a...
South Korea's SK Ecoplant Co. said on Friday it held the "2024 ConTech Meet-Up Day" award ceremony at the Grand Walkerhill Hotel in Seoul. ConTech M...
The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...
South Korea's GS Retail said on Friday it selected six startups—Studio Lab, Tilda, Oasis Business, YesPlzAI, Vessl AI, and Raondata—th...
Korea Electric Power Corp. (KEPCO), the South Korean state-run utility company, was shortlisted as a final candidate for renewable energy projects i...
South Korean artificial intelligence (AI) startup Superb AI said on Tuesday it was awarded Select Developer from the global network giant Cisco Syst...
South Korea's LG Uplus Corp. said on Wednesday that it launched the startup support program Shift, which aims to discover and nurture startups, incl...
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C), in partnership with US-based Holtec International Corp. is likely ...
The South Korean Ministry of Culture, Sports, and Tourism said that the Suwon Hwaseong Cultural Festival, recently chosen as a Korea Representativ...
Korea Aerospace Industries Ltd. (KAI), the country's sole military aircraft manufacturer, said on Friday that it was selected as the performance-bas...
SK Telecom Co. and KT Corp. received the Leading Lights Awards 2024. SK Telecom and KT were named winners of Outstanding Use Case: AI/Machine L...
NCSOFT Corp. announced on Monday that it has launched VARCO Judge LLM, the first evaluation model in South Korea to verify the performance and capab...
South Korea's Taihan Cable & Solution Co. said on Thursday that it was selected as the cable supplier for a 320kV voltage-type high-voltage dire...
Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...
South Korea's generative AI startup Liner said on Friday that its search service ranked 9th in the web services category of the Top-100 Gen AI Consu...
Coupang Inc., South Korea’s largest e-commerce platform, on Wednesday resumed the same- or next-day delivery service dubbed Rocket Delivery fo...
Woojin Industrial Systems Co., a South Korean railway vehicle manufacturer, said on Friday that it has been selected as the preferred bidder for the...
Hyundai Motor Co. announced that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as the official car of Japan's Fuji Speedwa...