Korean Economy

Canada’s Brookfield Asset Management Ltd. has selected Seoul-based real estate manager ARA Korea Ltd. as the preferred bidder for five-star ho...

Samsung Electronics Co. will use recycled neon gas in chip production for the first time in the world, a move expected to stabilize the cost and sup...

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. (HHI) said on Thursday it has chosen the Philippines as its base for the sale of...

South Korea’s Hyundai Steel Co. is expected to resume steel production in Russia two years after it took its plant offline in the country amid...

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

Hyundai Engineering & Construction Co. (Hyundai E&C) has welcomed two British companies to its joint bid with US energy technology company H...

Vivid Health, a South Korean startup that operates an obesity treatment management platform announced on Wednesday that it got a seed round investme...

LG Electronics Inc. on Wednesday unveiled its electric vehicle charging solutions optimized for homes, commercial spaces and charging stations at 20...

South Korea's Woori Financial Group announced on Tuesday that it will be an official sponsor of the US Major League Baseball World Tour Seoul Series...

South Korea’s Seoul Semiconductor Co. said on Tuesday it had filed a complaint against multinational commerce giant Amazon with the European U...

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Monday that it signed shipbuilding contr...

The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage chosen to sell treasury bonds, the sale of which will be la...

South Korea’s three major electric vehicle battery makers are gearing up to invigorate the global green car market with new technologies they ...

South Koreans spend more than 40 hours per month on YouTube, according to the study on Monday.Wiseapp·Retail·Goods, the domestic appli...

A South Korean automotive parts maker, which made its inroads into the US in the mid-2010s, sharply expanded its production facilities in Alabama la...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is expected to invest up to 11 trillion won ($8.2 ...

Samsung Electronics Co. and LG Electronics Inc. have taken home the most trophies among nominees at iF Design Awards 2024, setting a benchmark in de...

South Korea is backing Mark Zuckerberg, founder and chief executive officer of Meta Platforms Inc., in the Facebook operator’s artificial inte...

South Korea’s human resources (HR) management tech company Wanted Lab Inc. announced on Thursday that it has signed a memorandum of understand...

BARCELONA -- KT Corp., South Korea’s leading telecom services provider, said on Thursday it has signed a strategic partnership with Amazon Web...

South Korea's ramyun(instant noodles) exports increased 39.4% year-over-year to $86 million in January, according to the Korea Customs Service. Th...

Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...

South Korea's Celltrion Inc. announced on Wednesday that it shipped the first supply of its subcutaneous injection type of the autoimmune disease tr...

Trapped in a downward spiral, South Korea saw the country’s total fertility rate hit a new record low of 0.72, also again the world’s lo...

South Korean game developer DevSisters Corp. announced on Wednesday that it has signed a publishing agreement in India for the mobile game "Cookie R...

CJ Foodville, the food subsidiary of South Korea's CJ Group, announced on Wednesday that its bakery chain brand Tous Les Jours has opened a new st...

More than 60% of South Korean women from their mid-20s to their mid-40s who are currently working have no plan to have children although nearly all ...

South Korea’s top four financial services groups – KB, Shinhan, Hana and Woori -- booked 1.97 trillion won ($1.5 billion) of loans as lo...

Seoul City announced on Tuesday that it will collaborate with Cyber Valley GmbH, Europe's largest artificial intelligence (AI) research consortium, ...

Korea Hydro & Nuclear Power Co. (KHNP) announced on Monday that it has signed a letter of intent (LOI) with the US-based Centrus Energy Corp. to...