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Lotte Group plans to sell ailing units as the South Korean retail-to-chemical conglomerate is shifting its focus to new growth sectors such as bio, ...

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

South Korea's Fashion Group Hyungji reported on Tuesday a preliminary 30 billion won ($22.5 million) in earnings for 2023, a staggering 145% jump fr...

BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Ch...

Hyosung Advanced Materials announced on Monday that its operating profit for last year on a consolidated basis was 172.4 billion won ($129 million),...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

Sovereign wealth fund Korea Investment Corporation (KIC) said on Monday it has launched its Mumbai office, establishing the state-run fund’s f...

South Korea's Lotte Duty Free announced on Friday that it has signed a memorandum of understanding (MOU) with Modetour Network Inc. to jointly devel...

South Korea’s major power plant builder Doosan Enerbility Co. has bagged a 280 billion won ($209.6 million) contract to supply core equipment ...

With 2023 at a close, financial markets are at an important junction. Major developed market central banks have paused their rate rises and there ...

Kia Corp., South Korea’s second-largest automaker, on Thursday posted record 2023 profit and sales revenue, driven by strong sales of pricey m...

Hyundai Wia Corp., a South Korean automotive parts manufacturer, said on Wednesday it secured 1.045 trillion won ($781 million) worth of overseas or...

HD Hyundai Oilbank Co., South Korean shipbuilding and machinery conglomerate HD Hyundai Co.'s oil refining unit, will venture into the North America...

South Korea’s energy-to-telecom conglomerate SK Group has decided to reintroduce Saturday gatherings of its subsidiaries' chief executives aft...

LG Electronics Inc.'s transformation into a media and entertainment platform is gaining traction as its free web-based television streaming service ...

Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday announced a new addition to its consumer solid-state drive (SSD) l...

SK TBMGeoStone, a subsidiary of South Korea's SKC Ltd. for the investment of biodegradable material, plans to enter the eco-friendly container marke...

Samsung Electronics Co., the world’s No. 2 smartphone maker, said its latest flagship smartphone Galaxy S24 series enjoyed record pre-orders i...

The Korea Financial Investment Association (KOFIA) will go all out to minimize any adverse effects on the South Korean financial market from an anti...

Daewoo Engineering & Construction Co. (Daewoo E&C) announced on January 23, 2024, that it has completed the construction of the Mumbai Trans...

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has urged South Korean tobacco maker KT&G Corp. to sue its inc...

South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...

Lotte Mall West Lake Hanoi, a premium commercial complex, has emerged as a hot spot in Vietnam, hitting the 100 billion won ($74 million) milestone ...

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter the Vietnamese ...

Hyundai Motor Co. unveiled 2024 The all-new KONA Electric N Line in the European market including the UK on Jan. 16., according to the company.&nb...

South Korea’s Hyundai Motor Group kept its title as the world's third-largest automaker by sales volume for the second straight year in 2023, ...

Lotte Duty Free held a grand opening ceremony for its Changi Airport store in Singapore, marking the official start of its 19 stores.Lotte Duty Free...

Mercedes-Benz Korea on Friday unveiled the 11th generation of its fully redesigned mid-sized The New E-Class sedan in South Korea.This latest iterat...

South Korea’s Viva Republica Inc. has recently invited a handful of domestic brokerage companies to give presentations to revive its IPO plan....

South Korea’s Gaonchips Co. announced on Friday that it opened its new overseas corporation Gaonchips America Inc. in Silicon Valley, the US...