Korea economic growth

South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring South...

South Korean bio-venture Cellid Co. announced on Tuesday that it has applied for the clinical Phase 3 trial of the COVID-19 Omicron variant-specific...

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion) in assets as of end...

Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to discuss collaboration...

Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...

Urban air transportation (UAM) in South Korea will open a tourism road on the country's southern coast, which is dubbed "the nation's Mediterranean ...

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...

The online pre-sale of K-pop band BTS' 10th anniversary stamp sold out early.According to the Korea Post on Wednesday, the online pre-sale of BTS' 1...

South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...

South Korea’s central bank chief said on Monday the local economy is no longer supported by China given the sustained decline of its exports t...

Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...

Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...

The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...

Renault Korea has announced plans to establish an R&D center in Busan.The Busan city government announced it will sign a "Business Cooperation A...

South Korea has designated 100 core technologies to achieve carbon neutrality including heat pumps that retrieve heat from air and water, the green ...

Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on bro...

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon is set to visit Seoul on June 5 and discuss South Korea’s overseas investments with exec...

F&F Co., a South Korean outdoor fashion retailer, has notched a success selling US Major League Baseball (MLB) apparel in China. This comes desp...

Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

Foreign investors' appetite for South Korean stocks remains insatiable, mainly for semiconductor heavyweights, underscoring their high expectations ...

The active electronically scanned array (AESA) radar developed jointly by the Agency for Defense Development (ADD) and defense contractor Hanwha Sys...

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

South Korea's surgical and medical instruments maker Osteonic Co. on Thursday announced the start of exports of its Kinex sports medicine products t...

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

The Federation of Korean Industries (FKI) on Thursday said it deeply regretted the political role it took in the previous governments and vowed to b...

Hanwha Systems Co. and Korea Aerospace Industries Ltd., Korea’s two leading aerospace and defense companies, have clinched deals with a govern...

Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...