S.Korea to have 1st civilian defense minister in decades, career technocrats

South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...
South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...
Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...
Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...
Naver Financial Corp., the fintech subsidiary of South Korean tech giant Naver Corp., is looking to acquire Asil, a domestic big data-based real est...
BOSTON – Lotte Biologics Co. has signed a deal to manufacture an antibody therapy for British biotech startup Ottimo Pharma as the South Korea...
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...
KANANASKIS, Canada – South Korea’s newly elected President Lee Jae-myung held his first summit with Japanese Prime Minister Shigeru Ishi...
Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief executive of South Korean real estate...
Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...
South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...
Samsung Biologics Co., the world’s largest contract drugmaker, will enter the contract research organization (CRO) market by leveraging its va...
As eyewear evolves into a key fashion statement, South Korea’s homegrown brands are setting their sights on the global stage with bold, unconv...
South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103...
Genesis, Hyundai Motor Co.'s premium brand, is expanding its European footprint to four additional countries –France, Spain, Italy and the Net...
South Korean face mask packs – a flagship product of K-beauty – are staging a dramatic revival in popularity.Rising to fame alongside K-...
Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an artificial intelligence and robotic...
Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...
South Korea has finally agreed to reduce Indonesia’s contribution to their joint KF-21 fighter jet development project by two thirds to 600 bi...
Shares of Nexon Games Co., the game-developing studio under Nexon Co., surged on Friday morning after Bloomberg reported on Chinese IT giant Tencent...
Hyundai Steel Co. is poised to displace Baoshan Iron & Steel Co. as a key supplier to GM Korea Co., a unit of General Motors Co., as the US carm...
Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...
Bank of Korea Governor Rhee Chang-yong on Thursday signaled a cautious approach to monetary easing, warning that excessive interest rate cuts could ...
South Korea, grappling with a fast-aging population, has relaxed development and ownership rules for senior housing, opening the sector to foreign h...
Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical co...
Just one week after electing President Lee Jae-myung, an apparent backer of stablecoin adoption, South Korea is swiftly moving to clear the path for...
In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as...
GWANGYANG, SOUTH JEOLLA – POSCO Future M Co., South Korea’s leading battery materials maker, has secured itself a China-free cathode mat...
South Korea’s newly elected President Lee Jae-myung and Chinese President Xi Jinping have agreed to strengthen strategic ties and enhance coop...
Coupang Inc., South Korea’s largest e-commerce player, is set to seize control of the country’s online luxury market with Farfetch amid ...
Hyundai Rotem Co., a South Korean defense company, is set to finalize a tank supply contract with Poland, with the deal's value nearly doubling &nda...