low interest rate

South Korea's low-cost carrier T'way Air Co. said on Monday that it has completed the IATA Operational Safety Audit (IOSA) recertification from the ...

South Korean kids learning platform Norit won the monthly pitch competition hosted by D.Camp, a Seoul-based startup accelerator, on Jan. 26.Norit ma...

Samsung Electronics Co. on Monday said it set up a life cycle assessment (LCA) methodology for semiconductors to achieve carbon neutrality by 2050.T...

Last year, per-person annual rice consumption in South Korea fell by half from 30 years ago, marking a record low.According to the results of the 20...

The economic outlook by companies is worsening given lingering global uncertainty, with the business outlook for February at its lowest level in two...

Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co.,  obtained the Canstar Blue 2023 Most Satisfie...

Retirement pensions at banks in the fourth quarter of last year emerged as a haven for money that tried to generate a stable return, shunning away f...

Global smartphone shipments last year declined to their lowest level in 10 years, showing how consumers closed their wallets amid the economic downt...

The Bank of Korea Governor Rhee Chang-yong on Wednesday said, "We will focus on inflation this year but also closely consider tradeoffs to preserve ...

South Korea's Hyosung Chemical has failed to receive a single purchase order in its demand forecast for corporate bond issuance.Investment banking s...

South Korea’s central bank on Friday raised interest rates by a quarter point to 3.5%, while signaling a further cut in its economic growth fo...

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

Jeju Air Co. took first place with an 18.2% share of domestic routes in 2022 for the third straight year from 2020.The airline said on Monday that...

South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset manager said on Jan. 6. ...

Fly Gangwon, a low-cost carrier based at Yangyang International Airport in Gangwon Province, South Korea, is in serious financial trouble. As its fi...

Air Busan Co. began operating its first new flight route this year between Busan and Clark, the Philippines, and started a new leap forward in earne...

South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as government officials start lo...

South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...

Toughened COVID-19 testing requirements on Chinese travelers will likely dent hopes for South Korea's low-cost airlines to recover from three years ...

South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...

Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...

Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...

SK Inc., SK Group's investment arm, won the highest AAA ratings from both Morgan Stanley Capital International (MSCI) and the Dow Jones Sustainabili...

T'way Air Co. launched a new flight route linking Incheon with Sydney, Australia, embarking into the long-haul flight sector.T'way said on Sunday ...

South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

Hyundai Motor Co. said on Wednesday that its G80 electric vehicle model received the highest rating of Top Safety Pick Plus (TSP+) in a crash test d...

T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...