FDI pledges

The American Chamber of Commerce (AmCham) in South Korea on Thursday said it seeks to make the nation Asia's top business hub on the 70th anniversar...

Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...

South Korea's SKC Solmics, a wholly owned fine ceramics subsidiary of SKC, on Sunday said it changed its name to SK Enpulse.With 100% investment fro...

US chipmaker Broadcom Inc. agreed to provide three-year warranties and technical support for components equipped in products such as smart devices o...

The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

South Korea’s central bank on Thursday signaled another 50-basis-point policy interest rate hike as the won currency weakened past the psychol...

South Korea's National Tax Service (NTS) and the American Chamber of Commerce in Korea (AMCHAM) held a meeting on Sept. 16 to discuss favorable ta...

President Biden met with the heads of Japan and South Korea—the first such gathering between the three countries’ leaders in nearly five...

South Korea’s Hyundai Motor Group will establish an investment company in the US state of Delaware to expand its presence in the North America...

MILAN, Italy – South Korea’s LG Electronics Inc. will focus on upgrading its home appliance designs to reflect the latest design trends ...

South Korean conglomerate LG Corp., known as LG Group, announced on May 27 that it will buy back 500 billion won ($398.1 million) of its own share...

MBK Partners will be bold in moving into more Asian markets this year, wrote the company's founder and chairman Michael ByungJu Kim, in his annual l...

MBK Partners will be bold in moving into more Asian markets this year, wrote the company's founder and chairman Michael ByungJu Kim, in his annual l...

South Korea's outbound direct investment in 2021 soared 32.8% from the year previous to a record-high $75.9 billion, led by financial investors and ...

Shares in South Korean cement suppliers have performed well in a rangebound market, despite soaring prices of bituminous coal, their raw material.Co...

South Korea’s automakers were on high alert as President-elect Yoon Suk-yeol pledged to ban new registrations of internal combustion engine ca...

President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...

Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...

South Korea’s central bank is caught in a dilemma as it needs to raise interest rates to curb rising inflationary pressure in Asia’s fou...

South Korean game developer and publisher Smilegate announced Monday that its virtual human signed an exclusive contract with an affiliate of global...

A growing number of LG Group units have unveiled their dividend policies for the next three years for the first time in their history, as they are d...

The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...

South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...

South Korea’s SK Hynix Inc. decided to list the recently acquired Intel Corp.’s NAND flash memory chip business on the Nasdaq in a move ...

Intel Corp. plans to build new chipmaking facilities in Europe valued at up to $95 billion, responding to a cross-border race to add manufacturing c...

Hyosung Group has once again made a key step forward in achieving its long-term ambition to become South Korea’s corporate leader in the hydro...

South Korea’s steelmaker POSCO has taken another big step in accelerating the industry’s shift toward renewable energy. POSCO said on Ma...

Samsung Group, Hyundai Motor Group, SK Group and LG Group, companies unofficially accompanying South Korean President Moon Jae-in on his state visit...

South Korea's outbound direct investment in real estate continued to grow in the second quarter, up 7.3% year on year, despite sharp falls in the...