Schaeffler Korea Byungchan Lee

South Korea’s cosmetics wholesaler Silicon2 Co. is set to invest $10 million in financially troubled luxury fashion e-commerce platform operat...

South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...

MEMPHIS, Tenn. -- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual...

Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household name Samsung Electronics Co., would be trapped in...

WASHINGTON -- South Korea and the US plan to set up a working group to expand their cooperation in the shipbuilding industry from warships to commer...

South Korea’s exports in the first two months skidded as sales to the world’s two largest economies China and the US fell, adding to con...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...

The Korea Investment Corporation (KIC) reported an annual return of 8.49% last year thanks to steady gains from equity investments led by the AI tec...

South Korea’s top real estate asset management firm IGIS Asset Management Co. plans to sell a controlling stake owned by the heirs of the comp...

South Korea’s fertility rate bounced back last year for the first time in nearly a decade following a surge in marriages, raising hopes for a ...

US Defense Secretary Pete Hegseth is arranging a visit to South Korea next month to inspect shipyards and discuss cooperation on naval vessel constr...

Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...

Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...

South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...

OCI Energy Co., a US subsidiary of South Korea’s OCI Holdings Co., and Israel’s Arava Power will jointly build a solar cell power plant ...

South Korea will allow short selling on all listed stocks in the country next month as planned, said the chief of the country’s financial regu...

South Korean institutional investors, including banks, insurers and securities companies, have yet to fully benefit from recent declines in bond yie...

South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of forei...

The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...

South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...

Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...

Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset M...

Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...

South Korea plans to impose up to 38% provisional anti-dumping duties on Chinese hot-rolled steel plates starting next month, judging that those pro...

An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...

Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpa...

BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wol...

Woori Financial Group Chief Executive and Chairman Yim Jong-yong should keep his post through to the end of his term and lead the banking group&rsqu...

South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...