Asian Development Bank

South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ...

Commanding more than 100 million users for a South Korean Internet social service or a mobile game is uncommon even among industry leaders.Naver Cor...

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...

South Korea's top financial regulator is considering allowing banks to provide basically all financial services in single apps, emulating fintech pl...

Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technologies for the next-ge...

SK E&S Co. is in talks with a number of private equity firms and financial investors to sell energy storage systems (ESS) and solar energy devel...

Global automakers and battery producers are accelerating the development of a next-generation electric vehicle battery, called an all-solid-state ba...

Korea Investment Corp. (KIC) focused on strengthening venture capital (VC) strategies and expanding co-investments with general partners (GPs) this ...

Moderna Inc.’s COVID-19 vaccine first produced by Samsung Biologics Co. under a contract manufacturing organization (CMO) service will be avai...

The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...

Hyundai Motor Group chairman Chung Euisun has declared that the world’s fifth-largest carmaker will target the electric vehicle market in Sout...

Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...

Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...

Industrial properties in the US will likely continue to outperform other types of real estate, driven by significant rental growth in the e-commerce...

LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...

Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

Hyundai Motor Co., South Korea’s top automaker, plans to develop alternative elements to automotive chips in preparation for a prolonged suppl...

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

South Korea’s LG Energy Solution Ltd. said on Friday the company and the University of California San Diego have jointly developed a next-gene...

Devsisters Corporation, the developer of the globally popular mobile game Cookie Run, has become a “ten bagger” stock with its price ris...

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

South Korea-based Naver Cloud Corp. is determined to become one of the key cloud service providers in Japan and Southeast Asian markets, following o...

SK Geo Centric Co., South Korea’s leading petrochemical company, will develop eco-friendly paper coating materials to enter the recyclable pac...