low cost carriers

South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...

South Korea’s No. 3 wireless carrier LG Uplus Corp. on Tuesday said it will make an equity investment of some 10 billion won ($7.4 million) in...

The South Korean financial markets were roiled by a fresh taper tantrum after the US Federal Reserve chair signaled further tightening last week, tr...

South Korea’s No. 1 memory chip maker Samsung Electronics Co., also the world’s top player, is set to further break away from the pack w...

South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...

Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marri...

South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...

South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...

South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Priva...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...

South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...

South Korea’s Hanjin KAL Corp. will sell the assets owned by its Hawaii-based subsidiary Waikiki Resort Hotel Inc. to US company AHI-CLG LLC a...

Qualcomm Inc., the leading global mobile chip maker, and Samsung Electronics Co., the world’s second-largest smartphone manufacturer, have suc...

POSCO Group, South Korea’s largest steelmaker, will lead the country's efforts to cement a partnership with Australia in a broader range of ar...

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of HD Hyundai Heavy Industries, is set to become the f...

South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...

Once, video-on-demand (VOD) services over internet TV easily generated money for most telecommunications companies in South Korea.Those days are g...

South Korea’s total fertility rate hit its trough of 0.7 again in the second quarter, according to Statistics Korea on Wednesday, deepening th...

South Korea will develop artificial intelligence (AI) chips by 2030 able to perform more than 10 trillion operations per second, while consuming ver...

DARWIN, Australia -- Darwin, Australia's northernmost port city, lies at the crossroads of the Pacific and Indian Oceans. With a tropical climate of...

Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...

Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...

South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...

South Korea’s No. 1 container transportation and shipping service HMM Co. has secured the premier position in global shipping for its environm...

South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...

South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...

South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...