Rate cut impact on Korea

An increasing amount of global funds are flowing into South Korea as advances in COVID-19 vaccine development and a weaker dollar boost investors&rs...

E-Mart Inc., one of South Korea’s largest retailers, saw its annual wine sales exceed 100 billion won ($90.3 million) for the first time as ...

Credit crunch concerns from the early days of the COVID-19 outbreak seem long ago as South Korea-based companies' capital raising nears an all-time ...

Jeju Beer Co., South Korea's No. 1 craft beer maker, is preparing to become the country's first craft brewery to go public, buoyed by the rapid mark...

South Korea’s household debt to gross domestic product (GDP) ratio has exceeded 100% for the first time, with its debt growing relatively faster...

South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...

South Korea's two semiconductor startups, Fadu Inc. and Mobilint, have emerged as the country's system chip industry dark horses as their competitiv...

Goldman Sachs Principal Investment Area (PIA) has entered the race for a stake in South Korea’s health and beauty franchise CJ Olive Young, beco...

Foreign currency deposits in South Korea have swelled to a record high in November on the back of a weaker dollar, boosting local banks' holdings to $...

South Korean brokerage firms' alternative investments worth over $50 billion will come under tight control, after reckless investment in overseas real...

Korea Post’s savings arm will select two infrastructure fund houses to invest $200 million in overseas core infrastructure assets, according to ...

South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...

The won-dollar exchange rate, which has been declining since the breakout of the COVID-19 pandemic, is falling faster since Joe Biden was elected as...

SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...

Growing shipping volumes and surging sea freight rates are wreaking havoc on South Korea's shipping companies, reeling from a dire shortage of contain...

South Korea's fiscal deficit in September has pushed the annual shortfall to over 100 trillion won ($89.6 billion) with public debt reaching an all-ti...

The global petrochemical market is grappling with oversupply amid weak demand in the pandemic era, creating a clear divide between winners and losers ...

South Korea’s major companies are facing a triple whammy of challenges — a stronger Korean currency, soaring seaborne and air freight rate...

Hyundai Heavy Industries Holdings Co. is seeking to cut the 2.1 trillion won ($1.9 billion) acquisition price for a majority stake in South Korean riv...

Wellkeeps Co., a South Korean mask manufacturer, has issued an information memorandum to potential buyers including financial investors and strategic ...

SAP, a German enterprise software giant, is expected to heat up competition in South Korea's cloud market as it unveils plans to build a data center i...

South Korea’s current account surplus rose in September to its highest level in two years on the back of rebounding exports of chips and automob...

South Korea’s No. 1 fried chicken franchise operator Kyochon F&B pulled in a staggering $8.2 billion in deposits during its two-day public s...

South Korea-based private equity firm H&Q has begun the sale process for JobKorea, the country's largest job portal estimated to be worth up to $7...

South Korea’s Ministry of Foreign Affairs has appointed Choi Heenam, chief executive of the Korea Investment Corporation (KIC), as the country's...

South Korea's foreign exchange reserves rose for a seventh straight month to a fresh record high in October due to gains in non-dollar assets and incr...

Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...

South Korea’s per capita income is expected to continue its downward streak for the second straight year in 2020 due to the coronavirus impact, ...

On Jul. 21, SK Holdings Co.'s board of directors rejected management's request to simplify the reporting procedure for investment proposals. Among the...

As the United States and China fight like proverbial whales in the ocean, middle power dolphins like South Korea must strategize to avoid being crushe...