2023 EV of the Year

LIG Nex1 Co., a leading South Korean defense company, said on Thursday it will spend 110 billion won ($77 million) on its production facility expans...

SK On Co., the world’s fifth-largest electric vehicle battery maker, has signed a deal with an Australian lithium producer. Securing the core ...

A South Korean instant noodle packet maker has secured a $1 billion deal to supply battery materials to a joint venture between General Motors Co. a...

Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...

Kolon Industries Inc. has expanded the capacity of its polyester tire cord fabric plant in Vietnam, the South Korean company said on Wednesday.The f...

South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...

South Korea’s Lotte Chemical Corp. is set to acquire major domestic battery material maker Iljin Materials Co. at some 2.7 trillion won ($1.9 ...

DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...

South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

South Korea's major power plant builder Doosan Enerbility Co. said on Friday it has won a 540 billion won ($383 million) contract to build a combine...

South Korea’s SK Group Chairman Chey Tae-won has met with Zambian President Hakainde Hichilema to discuss potential mineral deals in core mate...

The US decision to remove tax incentives for cars produced outside North America may violate World Trade Organization (WTO) provisions and could be ...

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...

South Korea’s P&O Chemical is set to build the country’s first high-softening-point pitch manufacturing facilities with 15,000 tons ...

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...

The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...

South Korea’s leading tire maker Hankook Tire & Technology Co. is aiming to join the ranks of the global top five tire makers with its lat...

Kakao Mobility Corp., which runs South Korea’s most popular taxi-hailing app, and top Korean automaker Hyundai Motor Co. have agreed to launch...

Korea Aerospace Industries Ltd. (KAI), the country’s military aircraft manufacturer, has inked a formal deal worth $3 billion to export light ...

South Korea’s battery and semiconductor companies, stock investors’ favorites, failed to revive the local initial public offering market...

ANAHEIM, California -- The Walt Disney Co. is concentrating on local content to attract more viewers worldwide for its streaming services through do...

Ford Motor Co. Chief Executive Jim Parley will visit South Korea early next week to meet with chief executives of its battery suppliers LG Energy So...

SM Entertainment Co. announced Thursday it is considering terminating the production contract with Like Planning, wholly owned by its founder Lee So...

South Korea is set to investigate POSCO, the world’s sixth-largest steelmaker, to clarify who is responsible for the damage to its typhoon-hit...

The South Korean government has banned L&F Co., a battery materials maker, from building a new plant in the US amid a controversy over the Infla...

Shares in EcoPro BM Co., a cathode material maker used in electric vehicle batteries, topped the list of South Korean stocks, for which an increased...

Hyundai Glovis announced on Wednesday that it received an order worth 2.2 trillion won ($1.6 billion) from a global carmaker, a record-high vehicle ...

South Korea is poised to report a trade deficit for a sixth straight month in September, which would mark its longest period of trade shortfalls in ...

LOS ANGELES, California -- Netflix mega-hit Squid Game star Lee Jung-jae and creator Hwang Dong-hyuk each bagged an Emmy trophy Monday night in Los ...