2024 EV of the Year

Korea Post, South Korea's state-run postal service agency, said on April 21 that its insurance arm will select a maximum of two asset managers for...

LG Magna e-Powertrain Co. broke ground on Tuesday for a factory to produce electric vehicle components in Mexico to meet the growing demand for eco-...

South Korea’s distilled spirit soju is alluring more young drinkers in Japan, the home of its rival liquor shochu, as K-content such as drama ...

SEOUL—Jeong Bo-ram’s new fascination has him chasing mass-produced pastries, delivery trucks—and his childhood memories.His targets ...

South Korea’s furniture maker Hanssem Co. unveiled its mid-to-long-term business strategy to institutional investors on Friday. During it...

NEW YORK – Hyundai Motor Co.'s all-electric IONIQ 5 crossover has been named the World Car of the Year following a series of recent indus...

Naver Corp. vows to attract 1 billion users around the world and generate 15 trillion won ($12.2 billion) in five years. Only FAANG companies...

NEW YORK – Hyundai Motor Co. is spending $300 million to add an electric vehicle production line to its manufacturing plant in Alabama as the ...

Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...

NEW YORK – Hyundai Motor Co. and its affiliate Kia Corp. are set to fully unveil their redesigned vehicles at the upcoming New York Auto Show ...

South Korea’s major tech companies such as Netmarble Corp., NCSoft Corp., Kakao Corp. and DoubleUGames were selected among the world’s m...

Hyundai Motor Co. on Monday unveiled a new electric vehicle charging service platform as the top South Korean automaker takes on global rival Tesla ...

Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to...

The European Union's tougher emission standards are creating a new headache for airline companies, which are raising their international flights to ...

South Korea’s retail investors poured 22.9 trillion won ($18.8 billion) into purchasing overseas stocks last year, according to the country's ...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...

South Korea’s POSCO Chemical Co. started construction of a battery material plant in the country as a part of its plan to boost production cap...

KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...

The seven hottest tech companies and startups in South Korea earned a new nickname, a word combining their first syllables. What they also have in c...

South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...

The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...

South Korea’s consumer prices in March grew at the fastest pace in more than 10 years on surging energy and commodity prices, while the centra...

The increase in the price of carbon emission rights is dealing another blow to South Korean companies reeling from soaring raw materials and logisti...

DB HiTek Co., one of South Korea’s leading foundry chipmakers, was once an ugly duckling in the industry, reeling under heavy debt and snowbal...

South Korea’s venture capitalists put record high investments into startups last year. Thanks to positive returns on investments, a number o...

Hyundai Motor Co. and Kia Corp., automaking units of Hyundai Motor Group, logged a smaller decline in US car sales than their global competitors in ...

Foreign investors in March sold a net 4.84 trillion won ($3.97 billion) worth of shares on South Korea's main bourse Kospi, their highest-ever mon...

South Korean companies, especially manufacturers, suffered surging commodity prices, a weak won currency and global logistics disruptions in the fir...

KT Corp., a major South Korean telecommunications company, is considering changing into a holding company structure in an effort to boost the compan...

Seoul based-Glenwood Private Equity, founded in 2014, has been quietly building its presence in the South Korean M&A market, chasing assets deem...