Inflation Reduction Act effect

South Korea’s Lotte Chilsung Beverage announced on Thursday that it plans to reduce plastic usage by 20% by 2030 by decreasing the weight of p...

POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce emissions in the produ...

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

South Korea's Doosan Enerbility Co. plans to introduce carbon reduction technologies, including ammonia co-firing and carbon capture, utilization an...

Samsung Electronics Co. announced on Tuesday that its TV The Frame was selected as the first official display for the world's largest art fair Art B...

SAN DIEGO, California -- South Korea’s SK Biopharmaceuticals Co. is considering acquiring firms in the US, or the sales rights to some of thei...

South Korea’s headline inflation slowed to a 10-month low in May as the Bank of Korea kept its interest rate policy tight, adding to the centr...

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

The Bank of Korea said on Thursday it has grown more uncertain about when to cut interest rates despite expectations of easing the monetary policy g...

Samsung Heavy Industries Co., South Korea’s second-largest shipbuilder, showcased new eco-friendly ships and digital vessel technology to ride...

South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...

The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...

South Korea’s headline inflation dipped below 3% for the first time in three months last month but uncertainty lingers from still-high agricul...

South Korea's Daedong Mobility announced on Friday that it has completed the construction of the largest rooftop solar power plant in the country at...

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

Secondaries have become one of the most sought-after assets amid market uncertainty as they provide early exit opportunities and portfolio diversifi...

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

Samsung Electronics Co. has reported a decrease in its semiconductor inventory for the first time in 10 quarters, signaling a rebound in the memory ...

Bond sales in South Korea amounted to 71.8 trillion won ($54.4 billion) in February, 12.4% up from a month prior, according to a report from the Kor...

South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...

Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

LG Electronics Inc. released the cost-effective wireless vacuum cleaner LG CordZero A9 Air on Monday, reducing product weight and price burdens.Th...

Samsung Electronics Co. announced on Monday that its eight product series in 2024 Neo QLED 4K and 8K, OLED, and The Frame lineups have received th...

South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...

South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...

SEOUL—Dog meat will no longer be allowed in South Korea, capping a decadeslong campaign against a controversial practice that many locals have...

South Korea’s Inventage Lab Inc. announced on Friday that it has signed a joint development agreement with Yuhan Corp. for a long-acting inj...

South Korea’s top financial regulator is detecting more circumstances of naked short-selling worth tens of millions of dollars by foreign inve...

South Korea’s online game developer Nexon Korea Corp. was fined 11.6 billion won ($8.9 million) for allegedly misleading its customers over in...