2024 EV of the Year

Refiners in South Korea raised their operating rates to a three-year high in 2022 as petroleum product exports hit a record high in value.Refinery r...

South Korea’s SK E&S Co. opened its first electric vehicle charging station in the US in a partnership with Avis Budget Group, a major Ame...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...

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...

KT Skylife Co., a broadcasting unit within South Korean telecom behemoth KT Corp., is slated to boost its investment in intellectual property conten...

Celltrion Healthcare Co. Ltd. said on Thursday that it launched Vegzelma, a biosimilar to the anti-cancer drug Avastin (active ingredient: bevacizum...

Starting Feb. 1, South Korea's budget carrier Air Busan Co. will add a daily flight to its route linking the nation's biggest port city of Busan to ...

South Korea's Hancom Carelink, a digital health care company under Hancom Group, on Wednesday said it bought an unspecified stake in the bio big dat...

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...

In 11 years since Hyundai Motor Group started selling electric vehicles (EVs), the cumulative sales volume of EVs in the global market has finally s...

For more than four decades, Japanese automakers, led by Toyota Motor Corp., have reigned as undisputed champions in the Southeast Asian auto marke...

Kia Corp. said on Friday that its sport utility vehicle (SUV) Sportage has been named Family SUV of the Year by the British automotive magazine What...

LAS VEGAS – While buzzwords such as avatar and the metaverse are on everyone’s lips these days, waking up in the morning and going to a ...

South Korean builder Hyundai Engineering & Construction last year earned sales of 21 trillion won ($17 billion) thanks to growth in the domestic...

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

South Korea's SK On Co. and US graphite processor Urbix Inc. have signed an agreement to jointly develop high-performance anode materials, Korea's l...

South Korea's Mirae Asset Global Investments on Wednesday marked the 15th anniversary of its incorporated company in India that now has 21 trillion ...

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 Ssangyong Motor Co. posted its first quarterly operating profit in six years, powered by brisk sales of the Torres SUV launched ...

South Korea's liquefied petroleum gas supplier SK E&S said on Wednesday that its subsidiary Parking Cloud will begin electric vehicle charging s...

South Korea-based Lotte Confectionery Co. will invest  4.5 billion rupees ($55.1 million) in its Indian unit Havmor Ice Cream in the next five ...

South Korea's financial services company BC Card said on Wednesday that it would seek to enter the Central Asian market this year on the back of its...

Amid forecasts of a dull global market for smartphones due to the economic downturn, a report says foldable models alone will maintain growth in the...

The first prototype of the South Korean fighter jet KF-21 Boramae on Tuesday made its first supersonic flight six months since its inaugural trip to...

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...

Integration Inc., which operates specialized platforms for medical personnel such as Traditional Korean Medicine doctors and dentists, has raised 10...

Luxury hotels in South Korea are enjoying the emerging trend of Koreans choosing relaxing vacations at hotels, rather than taking holidays overseas....

Kia Corp., South Korea’s No. 2 automaker, is set to break ground in March on a domestic factory to produce electric purpose-built vehicles (PB...

Kia Corp. won the "Car of the Year in India" for the first time in three years and five months after entering the Indian auto market.Kia said Sunday...

South Korea's LG Chem Ltd. on Sunday said its CEO and Vice Chairman Shin Hak-cheol on Thursday will be named chair of the Chemical and Advanced Mate...