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The South Korean defense market is forecast to sign export contracts worth more than 20 trillion won (15.7 billion) combined this year on the back o...

South Korea's companies expect both sales and exports this year to decline in the 1% range from last year, predicting economic growth in the low 1% ...

South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...

Sixteen South Korean corporations are on Forbes' Global 500 list, a survey found.Critics say the distribution of the nation's leading companies is t...

National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwe...

"The Astronaut," the first solo album of K-pop megaband BTS member Jin, has sold over 1 million copies in the 16 days since its launch.Released on O...

The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...

SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key battery material, fr...

“The greatest danger that can befall us in coping with this problem of Soviet Communism is that we allow ourselves to become like those with w...

The South Korean won has continued its decline to hit lows not seen since the 2008-09 global financial crisis on sustained concerns of an economic d...

Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the performance of its ve...

WASHINGTON D.C. – South Korea and the United States have agreed to launch formal negotiations over ways to address the negative impacts of the...

South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...

Washington D.C. has joined the three US states of California, Virginia and New York to designate Nov. 22 “Kimchi Day,” and has acknowled...

South Korea’s POSCO Chemical Co. and General Motors Co. on Friday agreed to set up a joint venture that will supply about 20 trillion won ($16...

South Korea’s telecom operator KT Corp. surprised the market early this month with a 41.1% on-year surge in first-quarter operating profit, wh...

South Korean President Yoon Suk-yeol will meet with his US counterpart President Joe Biden this Saturday for a summit meeting in Seoul. The two...

The Hyundai Motor Group announced the conglomerate’s domestic investment blueprint on Wednesday. The backbone of the investment plan is to ma...

South Korea’s venture capitalists put record high investments into startups last year. Thanks to positive returns on investments, a number o...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...

South Korea’s pension funds sold a net 24.5 trillion won ($20.6 billion) worth of Kospi and Kosdaq stocks this year, the largest annual ne...

Coupang Inc.'s second-largest shareholder Geenox Capital sold about 1.6 trillion won ($1.4 billion) worth of shares in the South Korean e-commerce p...

US-listed chipmaker Magnachip Semiconductor Corp. and Chinese private equity firm Wise Road Capital terminated their $1.4 billion buyout agreement...

Samsung Electronics Co. has won a foundry order from Switzerland-based STMicroelectronics to produce microcontroller units (MCUs) for use in Apple I...

The United States expected SK Hynix Inc.’s capital expenditures plan in China to pose a threat to national security, Washington’s top tr...

North Asia-focused MBK Partners has made lucrative exits from three investments in South Korea, China and Japan this year. They rank among the nine ...

South Korea’s Hanwha Solutions Corp. has agreed to buy a 16.67% stake in Norway-based polysilicon manufacturer REC Silicon ASA for $160.5 mill...

WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...

Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...

South Korea’s Meritz Alternative Investment Management Co. is set to invest in an office building in Washington DC.Meritz formed a 200 billion...