New Capital Authority

South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI...

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...

Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...

LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...

SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...

South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in asset...

South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...

South Korean automaker Hyundai Motor Co. has unveiled a new Grandeur sedan – the first fully revamped model in six years – to strengthen...

NCSOFT Corp. on Monday unveiled the gameplay trailer for LLL, its new shooting game for PCs and consoles to be released worldwide in 2024, for the f...

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

GS Caltex Corp., South Korea’s second-largest oil refiner, said on Friday it has completed the construction of a 2.7 trillion won ($2 billion)...

South Korea’s largest auto parts maker Hyundai Mobis Co. said on Thursday it will spend 94.8 billion won ($69 million) to build an integrated ...

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...

South Korea’s food manufacturing giant Ottogi Co. has selected Jin from K-pop band BTS as its new face of the uber-popular Jin Ramen line.&nbs...

South Korea is set to establish a government body as early as the first half of 2023 to comprehensively control its immigration policy as Asia&rsquo...

Samsung Electronics Co., the world’s largest memory chipmaker, has begun mass producing its latest NAND chip, which features the industry&rsqu...

South Korea’s internet giant Naver Corp. plans to introduce same-hour delivery service by year’s end. Naver CEO Choi Soo-yeon ann...

The Seoul branch of the UK-based Hong Kong and Shanghai Banking Corp. (HSBC) has made a capital increase of over 20% to raise its capital adequacy r...

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

For decades, Samsung Electronics Co. has been a household name in the semiconductor industry, making chips that work like the human brain for comput...

South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...

Korea's game development company WeMade has secured new investment worth 66 billion won ($46.4 million), breathing a sigh of relief after receiving ...

Korean Air Lines Co., the country’s flag carrier, plans to bring in new airplanes and spend $1.7 billion on safety measures after a recent spa...

South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of its corporate strategy...

South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...

L-Base is a pharmaceutical startup specializing in developing drugs for those who become resistant to existing cancer treatments. This year, the Minis...