S.Korean President Lee, Japanese Prime Minister Ishiba seek closer ties

South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...

South Korea’s renewed stock market darlings: Weapons makers

South Korea’s defense industry is once again capturing investor attention, as exports of tanks, armored vehicles and other weapons systems soa...

Geopolitics rewrite investment playbook – and that’s an opportunity: KKR

In an era of escalating geopolitical uncertainty, the head of one of the world’s largest private equity firms sees opportunity – not ret...

Korea’s export growth at 7-month low amid growing external risk

South Korea’s export growth slowed to a seven-month low in October despite strong shipments of semiconductors and automobiles, stoking concern...

HD Hyundai may nearly double shipbuilding capacity in Vietnam

HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...

Hyundai Motor Group, Oxford Univ. establish Foresight Center

Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...

Samsung shifts to emergency mode with 6-day work week for executives

Executives at all Samsung Group units will work six days a week from as early as this week in a shift to emergency mode. The move comes as the won's...

Lotte Group Chairman says to sell ailing units for new biz: report

Lotte Group plans to sell ailing units as the South Korean retail-to-chemical conglomerate is shifting its focus to new growth sectors such as bio, ...

Kia’s Q3 profit soars; groupwide design centers revamped

Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...

Four out of ten exporters expect raw material prices to rise again this year

A survey revealed that a large number of South Korea's major exporters expect troubles ahead for this year due to rising raw material prices and sup...

SK Materials, Arencibia ink MOU on noble gas recycling

SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...

Samsung reiterates no memory chip output cut despite weak Q3 results

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, said on Thursday it will not reduce its production despite dwin...

Samsung orders US chips, with a side of geopolitics

Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is taking advantage of th...