Korea MMAA Kim Yong Seok

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...

China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...

German luxury carmaker BMW claimed the mantle of top imported car brand in South Korea for a second consecutive year in 2024, beating out rival Merc...

Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...

Lim Hyoung-seok, former Vice President of KKR Korea, left the private equity giant’s Seoul office and established his private equity fund (PEF...

SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...

South Korea's webtoon market size surpassed 2 trillion won ($1.36 billion) for the first time. The South Korean Ministry of Culture, Sports and...

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

Hyundai Motor Co. and other South Korean carmakers will release various types of new models ranging from hybrid sport utility vehicles (SUVs) and el...

South Korea's confectionery exports from January to November last year increased 16.5% year over year surpassing $700 million for the first time, ac...

South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...

Premier Partners and Praxis Capital are on track to raise 1 trillion won ($680 million) in their respective funds after the two South Korean private...

Miniso, a household goods store known as "the Chinese version of Daiso", has re-entered South Korea after three years.According to the retail indust...

South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...

South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...

A passenger plane carrying 181 people, including six crew members, crashed in southwestern South Korea early Sunday, killing 179 people, according t...

South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...

Han Duck-soo, South Korea’s acting president and prime minister, was impeached in Parliament on Friday amid a deepening political crisis batte...

South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...

South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...

South Korea’s financial markets will see nearly 50 trillion won ($34 billion) in corporate bonds mature in the first half of next year —...

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...

South Korean tech giant Naver Corp. said on Tuesday it has partnered with WeChat Pay to offer a Naver Pay mobile pay and digital wallet service usin...

South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global suppl...

South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...