S.Korea’s defense order backlog reaches record $73.1 billion at end-2024

South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...
South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...
South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...
South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...
With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...
Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...
Foreigners scooped up South Korean government bonds in January despite the country’s ongoing political upheavals, betting big on the country&r...
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...
Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire Seoul-based AI chip startup FurisosaAI Inc. and the discussion cou...
South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Trump’s trad...
Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...
Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...
South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...
The outlook for South Korean shipbuilders’ liquefied natural gas (LNG) bunkering ship construction looks bright as the global LNG-powered ship...
HD Hyundai Co., the world’s second-largest shipbuilder, is in talks with a private equity firm to buy back a South Korean ship parts manufactu...
Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...
South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...
The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...
South Korean companies are relaunching attempts to go public with lower valuations and fewer shares amid continued sour investor sentiment.CK Soluti...
South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...
New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, hea...
SPC Group, the operator of South Korea’s largest bakery chain Paris Baguette as well as Paris Croissant, SPL, Dunkin and SPC GFS, is building ...
South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...
South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...
South Korea’s business-to-business fintech service provider Dozn is planning an initial public offering on the Kosdaq in February for an estim...
The Canada Pension Plan Investment Board (CPPIB), one of the world’s top 10 global pension fund managers, is joining other foreign asset manag...
South Korean sportswear brand Fila Holdings Corp. posted a loss in the fourth quarter of last year, hit by the downturn in the apparel industry and ...
South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...
South Korea’s four major oil refining companies will jointly build a sustainable aviation fuel (SAF) plant in the country, for which the gover...
South Korean artificial intelligence startup Waddle Corp. is gearing up to reshape the online retail industry with artificial intelligence-powered i...