Car of the Year 2023

Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...

South Korea's specialty vehicle company Autech Corporation announced on Tuesday that it plans to enter the silver car market for seniors. It al...

Canadian coffee brand Tim Hortons opened its sixth store in K-Twin Towers in Gwanghwamun, Seoul, South Korea, according to the company on Tuesday.&n...

Doosan Robotics Inc. and LG Electronics Inc. have jointly developed an automated electric vehicle charger served by a robot and launched its pilot o...

Affinity Equity Partners is set to buy SK Rent-a-Car Co., South Korea’s No. 2 car leasing company, at some 800 billion won ($572 million), rai...

South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...

South Korean light detection and ranging (lidar) startup SOSLab aims to debut on the junior bourse Kosdaq in May, according to banking sources on Su...

HMM Co., South Korea’s flagship sea carrier, on Monday unveiled a plan to sharply increase the fleet of container and bulk carriers by 2030 to...

Hyundai Motor Co.'s premium brand Genesis, once derided as a Lexus copycat, is emerging as a breadwinner for the top South Korean automaker and a mo...

South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...

Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...

Coupang Inc., South Korea’s largest e-commerce platform, said on Friday it will raise membership fees 58.1% to 7,890 won ($5.7) per month as i...

South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...

South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it will participate in the 37th I...

South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won ($16 billion) worth...

In India, the world’s most populous country, about 1.2 billion people are estimated to have no credit score because most are unbanked, meaning...

Global leading bubble tea franchise Gong Cha Global Ltd.’s South Korean affiliate, which owns the beverage chain’s Japanese and Taiwanes...

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s to...

Samsung Electronics Co., the world’s largest memory chipmaker, is set to begin mass production of 290-layer ninth-generation vertical (V9) NAN...

The market growth of South Korea’s traditional milky and often sweet rice wine, makgeolli, has slowed after the country’s younger genera...

Coupang Play, a video streaming service provided by South Korea's largest e-commerce company Coupang Inc., will broadcast the first major golf tourn...

South Korean drone-developing startups are rushing to join the race to develop military drones to meet growing demand for drones fit for combat oper...

Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...

Kia Corp., South Korea’s second-largest automaker, plans to strengthen its hybrid lineup and launch cheaper electric vehicles to lead the glob...

South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on strong overseas sales o...

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery chain brand Tous les Jours saw a record-high operatin...

Samsung Display Co., South Korea’s top screen maker, increased its workforce for smaller organic light-emitting diode (OLED) panels used for p...

When IMM Private Equity Inc. acquired a 16.68% stake in South Korea’s top travel agency Hanatour Service Inc. for 128.9 billion won ($95.7 mil...

BGF Retail Co., South Korea’s biggest convenience store chain operator, will expand aggressively in Kazakhstan, creating the potential to cran...

South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global orders for...