Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...
As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking th...
South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...
Rhee Chang-yong, governor of the Bank of Korea (BOK), warned on Thursday that mounting household debt is now undermining both private consumption an...
Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
Once an afterthought in the global food trade, South Korea’s signature spices and sauces, ranging from fiery gochujang to fermented doenjang, ...
South Korea’s National Assembly, controlled by the ruling Democratic Party, on Friday passed the country’s new extra budget worth 31.8 t...
JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...
Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched its first exchange-traded fund (ETF) investing in high-q...
LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will invest 1.26 trillion won ($925.4 million) to...
South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month hig...
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...
About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end ...
South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the glo...
South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...
South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with in...
The effects of President Trump’s new tariffs are starting to be felt across the world, preliminary South Korean trade data suggest, as Seoul p...
Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...
IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...
South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...
SK Hynix Inc., the world’s top DRAM memory chipmaker, aims to redefine the competitive landscape in artificial intelligence memory chips with ...
The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...
South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...
South Korean telecom service provider KT Corp. has built a large language model (LLM) platform tailored for the Thai market in collaboration with Ja...
South Korea’s foreigners-only casinos are witnessing a significant rise in their sales revenue with the return of high rollers from China and ...
