EV price war

YEOSU, South Jeolla Province -- Yeochun NCC (YNCC) Co., South Korea’s major petrochemical producer, shut down one of its plants on Friday afte...

Hyundai Steel Co. is supplying its newly developed ultra-high-strength steel sheets for car bodies to Hyundai Motor Co. for its electric vehicles an...

A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...

South Korea’s current account surplus last year missed the central bank’s forecast as higher raw materials prices boosted imports of Asi...

TOKYO – Hyundai Motor Co. is reentering the Japanese car market after a 12-year hiatus with its latest electric vehicles, as the growing deman...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, on Monday reported a bigger-than-expected operating ...

EcoPro BM Co., South Korea’s leading battery material producer, is considering resignations of its key executives, including the holding compa...

South Korea’s inflation this year is expected to accelerate to an 11-year high, adding to expectations of further interest rate hikes later th...

Hyundai Motor Co. is rolling out a wireless charging system for its latest premium electric crossover, the GV60, amid intensifying competition among...

South Korea reported the largest trade deficit on surging raw material prices in January, string worries that capital outflows from Asia’s fou...

South Korea's POSCO Co. will transform into a holding company structure on Mar. 2, after its plan to split itself into a holding firm and a steelmak...

South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...

Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the world’s top make...

Lazard Asset Management has tapped multiple professional investors in South Korea to sell off its shares in Osstem Implant Co, worth $165 million, t...

South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...

LG Innotek Co. stocks have been on a rising trend over the past three months and are trading at their highest-ever prices. However, there are mixed ...

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. has set a new record for initial public offering demand, wit...

South Korea’s three leading tire makers joined the global industry’s plans to raise product prices to maintain profitability amid higher...

The 2022 models of Mercedes-Benz AG's electric vehicle EQS will be equipped with infotainment systems co-developed with LG Electronics Inc., the Sou...

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...

As South Korean securities regulators are moving to tighten their grip on the growing trend of splitting up businesses and listing the spun-off arms...

LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...

Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...

Samsung Electronics Co. on Friday reported a 52.5% jump in preliminary fourth-quarter operating profit from a year earlier, powered by replacement d...

South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...

South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...

South Korea is preparing measures to secure coal as Indonesia, the world’s largest supplier of thermal coal, banned exports of the commodity t...

NEW YORK -- US stock markets remain high but their prices seem reasonable at the current level of interest rates near historic lows, said Oaktree Ca...

Samsung Electronics Co., the world’s largest NAND flash memory chipmaker, said on Wednesday it is adjusting operations at its manufacturing fa...