Global South

Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The c...

.video-container {} .video-container { position:relative; aspect-ratio: 16/9; } .video-container iframe { width:100%; height:10...

As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1...

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

South Korea’s budget airlines are gearing up to weather the sector’s downturn amid a weaker local currency and a sluggish domestic econo...

South Korea's cloud solution provider Bespin Global said on Monday it signed with Upstage, the domestic artificial intelligence (AI) startup, to bui...

Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...

The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...

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...

HJ Shipbuilding & Construction Co. (HJ S&C) said on Wednesday it won a 124.7 billion won ($894 million) contract from the Defense Acquisit...

South Korea’s leading biosimilar developer Celltrion Inc. will break ground on its first contract development and manufacturing organization (...

South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 billion won ($179 mi...

South Korea's Woori Bank said on Tuesday it will arrange the Qatar Ras Abu Fontas desalination and power plant project, estimated to cost $3.7 billi...

The South Korean Ministry of SMEs and Startups announced on Monday that it will host the global startup festival ComeUp 2024 at COEX, Seoul on Decem...

Insomnia is a common clinical phenomenon in modern societies profoundly affecting many people’s health and well-being, and South Korean startu...

SINGAPORE -- Disney Plus, a global over-the-top (OTT) platform, is expanding its lineup of original Korean titles, buoyed by the popularity of K-dra...

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...

Bering Lab Inc., a South Korea-based artificial intelligence technology-powered translation startup with specialties in legal, financial and intelle...

South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...

Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...

LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...

South Korea's Shilla Duty Free Shop announced on Tuesday it opened the Guerlain Ultimate Boutique, the first flagship store in a global airport, at ...

South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sales to 40% of its to...

Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach ...

L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals store at Lotte Depart...

South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industrial technology, effec...

Samsung Electronics Co. is pinning its hopes on its new research and development complex, which will cost the company 20 trillion won ($14.4 billion...

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...