Rate cut impact on Korea

South Korea’s MBK Partners, one of the largest private equity firms in Asia, said it has raised $1.8 billion for its second special situations...

Hyundai Engineering Co., Hyundai Motor Group’s construction arm, has joined the race to buy a South Korean garbage treatment company as the gr...

South Korean conglomerate Lotte said on Tuesday it is joining hands with three other partners to enter the country’s urban air mobility (UAM) ...

SK Inc., the holding and investment company of South Korea’s SK Group, and Beijing Easpring Material Technology Co., a major Chinese cathode m...

Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...

Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...

The diesel exhaust fluid crisis hitting South Korea across various industries lays bare the supply chain vulnerability of the country, which has hea...

South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...

State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by 2050 in a bid to pla...

HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...

South Korea is expected to ease the diesel exhaust fluid (DEF) shortage for the short term as China has decided to resume customs clearance procedur...

Success of Korean films on OTT platforms South Korea posted a surplus in its intellectual property rights trade balance in the first half of 2021. ...

Snowflake Inc., a US big data cloud provider, on Wednesday announced its entry into the South Korean market with the opening of a local office, inte...

South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...

The chief investment officers of 10 South Korean major limited partners (LPs), including pension funds, mutual aid associations and life insurance c...

A South Korean electric equipment maker has decided not to seek any new orders as a spike in prices of commodities such as copper and supply disrupt...

South Korea is stepping up efforts to secure diesel exhaust fluid (DEF) such as diversification of supply sources as the shortage of the liquid used...

Steel scrap, once derided as trash, is emerging as a national strategic resource as steelmakers are increasingly recycling metal scrap to reduce rel...

South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...

SEOUL—Alphabet Inc.’s Google plans to continue charging South Korean app developers a service fee for in-app purchases, even as users fo...

The diesel exhaust fluid (DEF) shortage in South Korea stemming from China's suspension of urea exports is getting worse, as local DEF inventories a...

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

MBK Partners' first female partner Lee In-kyung has made it to the list of Forbes Asia's 20 power businesswomen published in its November issue. For...

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

SEOUL—North Korea has the capacity to make more base ingredients for nuclear bombs than previously believed, according to new research, sugg...

HYBE Co., the label behind BTS, is expected to launch non-fungible tokens (NFTs) for assets of the world’s top boy band alongside the operator...

A diesel exhaust fluid (DEF) shortage in South Korea is feared to disrupt the supply chain in Asia’s fourth-largest economy. The lack of the l...

South Korean politicians are seeking to delay taxes on gains from cryptocurrency trading by one year as they gear up for the upcoming presidential e...

Sartorius AG, German laboratory equipment and raw material maker, is slated to invest $300 million in the next three years to build a plant in South...

SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...