New orders decline

South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development projects both at home ...

South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has won a $320 million deal to supply aircraft engine parts to General Elect...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...

Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...

OGN, a South Korean cable TV channel specialized in broadcasting video game-related content and e-sports matches, is up for sale.According to invest...

South Korea’s foundry company DB HiTek Co. has reported the highest quarterly revenue since its establishment in 1997. The company’s reg...

Jin Seoungho, an ex-senior finance ministry official in South Korea, will take office as Korea Investment Corporation's (KIC) new chief executive on...

SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...

SK Innovation Co., South Korea's leading electric vehicle battery maker, is on course to raise more than 5 trillion won ($4.5 billion) this year fro...

South Korea’s major companies are increasingly adopting corporate storytelling as a means of rebranding their identities.As the companies enjo...

Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...

Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, has won an order to build 15,000 forklift engines fro...

South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...

Hyundai Heavy Industries Group has won an order worth 227 billion won ($202 million) to build three liquefied petroleum gas (LPG) carriers, said its...

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

Slightly more than a year since the COVID-19 pandemic upended the business world, the role of management consultants has become important more than ...

South Korean auto parts maker Mando Corp. will supply 1.4 trillion won ($1.2 billion) worth of suspension system components to Volkswagen AG over th...

South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...

Hyundai Heavy Industries Group has won new orders worth 823 billion won ($724 million) to build a total of 10 vessels for four global clients in Afr...

Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...

LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

Hyundai Motor Co.'s latest all-electric vehicle is making headlines in Europe, with over 10,000 users signing up for the 3,000 units of the limited ...

The average birth rate in South Korea dropped to a fresh low of 0.84 last year, the world’s lowest, which population experts said will unlikel...