Asian Development Bank

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...

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

South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...

South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...

Korea Aerospace Industries Ltd. (KAI) said on Thursday that it signed a memorandum of agreement (MOA) in relation to "technical cooperation on verti...

DAVOS, Switzerland – Danish wind turbine producer Vestas Wind Systems A/S has said it would invest $300 million in South Korea and positively ...

South Korea’s DL E&C Co. and Doosan Enerbility Co. will invest a combined $25 million in X-Energy Reactor Co., a US-based small modular re...

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...

South Korean biotech company MedPacto Inc. ’s Vactosertib monotherapy for osteosarcoma patients has been designated as a fast-track developmen...

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...

South Korea's largest lender Kookmin Bank on Monday launched its new contactless platform for foreign exchange transactions dubbed KB Star FX.The on...

South Korea's biotech company Bioneer Corp. on Monday said it concluded a deal to form a joint venture with PT Indika Energy of Indonesia for busine...

South Korean airline Asiana Airlines Inc. has returned all seven aircraft converted into cargo carriers during the COVID-19 pandemic to passenger pl...

South Korea’s central bank on Friday raised interest rates by a quarter point to 3.5%, while signaling a further cut in its economic growth fo...

Woori Bank launched a 3D-based metaverse pilot service, the bank said on Friday.The bank will provide two services, one for interaction with small b...

LS Cable & System Ltd., together with its aluminum materials affiliate LS Alsco, has developed a new aluminum alloy that can replace copper wire...

South Korean stocks are gaining momentum at the beginning of the new year as foreigners have turned net buyers on expectations of China's border reo...

Prestige Biopharma Korea said on Tuesday that it has obtained a domestic patent for the CTHRC1 neutralizing antibody of the drug candidate PBP1710. ...

Hancom Frontis, a Hancom Group company specializing in the metaverse, said on Tuesday that it has signed a three-way agreement with the Tech Univers...

Nexon, one of South Korea's top three game giants, on Tuesday said it signed a strategic memorandum of understanding with Barunson Entertainment &am...

Cosmax, a cosmetics original design manufacturer (ODM) of South Korea, said on Tuesday that it unveiled the beauty technology developed jointly ...

Global Clinical Central Lab (GCCL), an affiliate of South Korean pharmaceutical firm Green Cross Corp., said on Monday it has jointly developed Kore...

The Ministry of SMEs and Startups on Monday said it would release the next day its plan for the so-called 2023 Super-gap Startup 1,000+ Project in w...

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...

South Korea's biopharmaceutical company Celltrion Inc. on Monday said it signed an R&D contract with US-based Rani Therapeutics on RT-111, an or...

South Korea's bioplasma technology firm Plasmapp said on Friday that it signed a memorandum of understanding with Curexo, a domestic medical robot m...

Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Nex...

South Korea's construction engineering company SK Ecoplant Co., Ltd. is going to jointly develop overseas renewable energy sources with China State ...

The Export-Import Bank of Korea on Thursday said it issued a record-high $3.5 billion in global bonds to investors worldwide.The government-run bank...

Kolon Industries Inc.'s Future Technology Institute said on Thursday that it had signed a memorandum of understanding with the Hanyang University In...