Busan City government

The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...

South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anot...

South Korea's HD Hyundai Heavy Industries Co. completed and delivered Jeongjo the Great, one of the world's top-tier Aegis destroyers, to the South ...

Lotte Shopping Co. has put one of its core department stores, Lotte Department Store Centum City in Busan, on the market in line with its parent gro...

South Korea plans to restructure the struggling domestic petrochemical industry amid intensifying competition with Chinese rivals and oversupply by ...

South Korea, the world’s fourth-largest oil importer, is considering increasing US oil imports to ease potential pressure from President-elect...

Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...

It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...

South Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US investment banking group ...

SK Group, South Korea’s second-largest conglomerate, said on Monday it plans to nurture 10,000 artificial intelligence professionals over the ...

MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...

The Czech anti-trust body put a temporary block on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction...

Align Partners Capital Management Inc., a South Korean activist fund, has called on Doosan Bobcat Inc., a global construction machinery maker owned ...

South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...

Hyundai Motor Co. said on Sunday it has sold more than 1,000 units of its hydrogen fuel cell bus Elec City Fuel Cell Electric Vehicle (FCEV) with cu...

Hyundai Motor Co.'s premium brand Genesis said on Friday that it will continue its sponsorship of the 29th Busan International Film Festival (BIFF),...

South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...

Elliott Investment Management Corp. has lost a case against Samsung C&T Corp. in seeking 26.7 billion won ($20.2 million) compensation in connec...

Celltrion Inc., South Korea’s largest biosimilar maker, announced on Friday that its breast and stomach cancer treatment "Herzuma" (active ing...

South Korea will require airlines to replace a portion of their jet fuel with environmentally friendly alternatives such as cooking oil, palm oil an...

South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for t...

South Korea’s LG Uplus Corp. announced on Wednesday that it will support the smart city transformation of Hwasun-gun in South Jeolla Province,...

The South Korean Ministry of Land, Infrastructure and Transport announced on Tuesday that it completed the construction of the Korea-Vietnam Smart C...

South Korea's Samsung Display Co. announced on Monday that it will launch a wrapping  advertisement promoting the excellence of Samsung OLED on...

South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

The US government said on Tuesday it plans to provide SK Hynix Inc., the world’s leading high-bandwidth memory (HBM) chipmaker, up to $450 mil...

Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...

TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...