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South Korea’s National Pension Service (NPS) enjoyed record assets and profit in 2023 as the world’s third-largest pension fund reported...

Gmarket, a major e-commerce website based in South Korea, likely turned to profit in the fourth quarter of last year, which would mark the first tim...

Samsung Electronics Co. seeks to rake in 11.5 trillion won ($8.8 billion) in operating profit from its semiconductor business this year, swiveling f...

Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divis...

Shinsegae Inc., South Korea’s largest department store and supermarket company, will pull out of the whisky market, bucking the trend of the r...

Hyundai Motor Co. ’s and Kia Corp. are undergoing a comprehensive restructuring of their research and development (R&D) organizations. Thi...

South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netflix and YouTube, are g...

South Korea’s KT Corp. announced on Tuesday that it opened the KT Foreigner Center for non-English speakers in Won-gok-dong, Ansan, Gyeonggi...

South Korean investment firm Glenwood Private Equity Co. is solidifying its leading position with a carve-out strategy in the domestic market, execu...

South Korea’s Samsung Electronics Co., the world’s largest memory chipmaker, will build a 40 billion yen ($281 million) advanced chip pa...

Celemics Inc., a South Korean diagnostic reagent producer, is gearing up for its foray into the US and India next year in its first step toward glob...

Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retailer for luxury goods, ...

Chey Jae-won, executive senior vice chairman of SK On Co., a leading South Korean battery maker, said on Thursday he expects the company’s gro...

Global sales of consumer information technology electronics such as smartphones, PCs and TVs are expected to rebound in 2024, fueling hopes of an ea...

AMSTERDAM, Netherlands -- Samsung Electronics Co. and ASML Holding N.V. have reached a preliminary agreement to build a research and development fac...

South Korean conglomerate LS Group and the government of Saudi Arabia will jointly seek business opportunities in a number of non-petrochemical sect...

South Korea's SK Bioscience Co. announced on Tuesday that it started to deliver the Novavax COVID-19 vaccine against XBB.1.5 variant.According to No...

POSCO International Corp., a South Korean general trading and energy exploration company, is expected to post its highest-ever profits this year tha...

Korea Zinc Inc., South Korea’s and the world’s largest lead and zinc smelter, will accelerate its drive to foster its new growth engines...

South Korea’s Hyundai Mobis announced on Tuesday that it opened the Electrification Research Center in Euiwang, Gyeonggi Province, South Korea...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...

Air Premia Inc., a South Korean budget carrier, on Thursday reported its first-ever quarterly profit in the third quarter of this year, fueled by a ...

Shinsegae Group Vice Chairman Chung Yong-jin has urged the South Korean retail giant to make drastic systems-centered reforms to ensure stable and s...

The Korea Advanced Institute of Science & Technology (KAIST) announced on Thursday that it signed a memorandum of understanding (MOU) with the I...

SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...

South Korean private equity firm VIG Partners is enjoying rapid growth of The Skinfactory Co., the maker of local shampoo and body wash brand Kundal...

Koreans are piqued by banks raking in extraordinarily handsome profits and handing out generous bonuses amid the high-interest rate environment that...

South Korea's Hanon Systems Corp., a world-leading heat pump systems maker for automobiles, on Thursday reported worse-than-expected results in the ...

Kakao Corp., the operator of South Korea’s dominant chat app KakaoTalk, will seek a breakthrough with an artificial intelligence-powered bot a...

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519....