Inter-American Development Bank

South Korea’s economic growth slowed in the second quarter on weaker domestic consumption and investment by private businesses, heightening ex...

South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in two North American AI startups founded...

South Korean chemical and auto parts maker KCC Corp. said on Monday that it developed the country's first autonomous painting robot Smart Canvas.T...

South Korea’s airlines are set to use fuel mixed with sustainable aviation fuel (SAF) for international routes, starting from services to Japa...

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a deal to acquire Tongya...

4by4 Inc., a South Korean content AI solution company, said on Wednesday that t it signed a basic agreement with the global video solution company S...

South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...

South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...

South Korea's cosmetic and clothing company APR said on Wednesday it signed a supply contract with TJX Companies, the North America-based global ret...

Hyundai Mobis Co. has developed the world's first nickel-free inductor material, which is expected to sharply cut the cost of manufacturing inductor...

South Korea's robot software company Clobot said on Tuesday that it submitted a registration statement to the Financial Services Commission and ha...

Lotte Energy Materials Corp., a major South Korean battery materials maker, said on Tuesday it has developed a nickel-plated copper foil for use in ...

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...

South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

South Korea's Kolon Global Corp. announced on Tuesday it signed an agreement with Hana Bank, Hana Alternative Asset Management, and MDM Asset Manage...

South Korean startup Lee Mobility announced on Tuesday that it got a seed round investment from Bluepoint Partners, a domestic early-stage venture c...

Hyundai AutoEver Corp., a software subsidiary of Hyundai Motor Group, secured consecutive contracts to build public safety systems in African countr...

Samsung Group's financial services business has overtaken South Korea's No. 1 banking group KB Financial Group in terms of net profit, posing a thre...

SK Bioscience Co., a drug-making arm of South Korea's No. 2 conglomerate SK Group, has sold a stake in Nasdaq-listed vaccine developer Novavax Inc. ...

KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...

South Korea’s major game developer and publisher NCSOFT Corp. has begun developing a casual game Doguri Adventure, featuring the character bra...

South Korea’s top automaker Hyundai Motor Group is developing a next-generation powertrain, known as a range extender, for pickup trucks and s...

Samsung Electronics Co.-backed Rainbow Robotics Co. has delivered its multi-legged counter-terrorism robots to the South Korean Army as it gears up ...

NCSOFT Corp., South Korea’s major gaming company, said on Monday it has appointed Jin Jeonghee, former head of the US operations of local riva...

South Korea's HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural gas (LNG-FSU).HD Hyu...