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A total of four consortiums announced their bids for the government-run urban air mobility (UAM) program titled K-UAM Grand Challenge on Tuesday.&nb...

Owning a luxury car with the design, interior finish or even engine power to one's liking is what drivers dream of but seems out of reach for most.G...

Shares in E-Mart Inc., South Korea’s largest supermarket chain, have been hovering near their lowest level in almost two years, on the back of...

GS Group, a South Korean energy-to-retail conglomerate, has an unlisted affiliate that the group largely keeps out of the public eye but is occasion...

For middle-class families in South Korea, it has become a morning ritual to bring the boxes of fresh produce and daily necessities delivered overnig...

South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home appliances online and d...

LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., has received the US Food and Drug Administration’s approval for phase 1 cli...

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

South Korean universities have become hotbeds for promising startups. Leading the trend are two of the country's best-known higher education ...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...

South Korean biotech and pharmaceutical companies are expanding their footholds in the global space medicine market. Boryung, formerly Boryung Pharm...

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...

Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...

Daewoo Engineering & Construction Co. of South Korea and IMM Investment Global, the Hong Kong-based affiliate of Korean equity firm IMM Investme...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

Lotte Group Chairman Shin Dong-bin is so determined to make the metaverse the group's next playing field that he recently proposed a metaverse meeti...

Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...

South Korean game developer and publisher Smilegate announced Monday that its virtual human signed an exclusive contract with an affiliate of global...

Online shopping platform Queenit recently received 36 billion won ($30 million) from Kakao Ventures Corp., SoftBank Ventures Korea Corp. and more,...

US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, has founded an affiliate in Chengdu, the largest trade city in western China, for rai...

Voluntary retirement packages, often coming with generous compensation, have been adopted by companies as a way to let go of older or redundant empl...

Persona Space, a subsidiary of South Korean metaverse company Galaxy Corp., said on Dec. 16 it has attracted 10 billion won ($8.5 million) investm...

There appear to be two diverging roads for South Korea's top duty free operators Lotte and Shilla: expanding outside China, or going deeper inside t...

South Korea’s BNK Asset Management Co. acquired UBS Financial Services tower in New Jersey for $219 million from US real estate developer Hart...

South Korea's brokerage companies are jumping into the outsourced chief investment officer (OCIO) market, outmaneuvering asset management firms, as ...

Inspire Integrated Resort Co., a South Korean resort developer and 100% affiliate of US casino and gaming company Mohegan Gaming & Entertainme...

Koo Ja-eun, chairman of South Korea’s LS Mtron Co., a machinery and components maker, will lead the country’s 14th-largest conglomerate ...