The Turning Point

The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ratio although the d...

South Korea's Coupang CEO Kim Bom-seok has kept his promise, with his online shopping giant posting its first surplus in eight years since introduci...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

South Korea’s exports fell for the first time in two years in October, posting a trade deficit for seven months in a row – the clearest ...

Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...

Peak Bio Co., a South Korean biopharmaceutical company, is debuting on the Nasdaq through a merger with US blank cheque company Ignyte Acquisition C...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

A weaker South Korean won currency has become a double-edged sword to Doosan Group’s affiliates. Construction equipment maker Doosan Bobcat is...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

The Institute of Technology Innovation operated by SK Innovation Co. announced on Friday that it has developed electrochemical catalytic technology,...

South Korea’s P&O Chemical is set to build the country’s first high-softening-point pitch manufacturing facilities with 15,000 tons ...

The Kyobo Book Centre, South Korea’s largest bookstore chain, is seeking to acquire over-the-top (OTT) platform Watcha Inc. to expand its busi...

South Korea’s top mobile carrier SK Telecom Co. is accelerating a digital economic system on its metaverse platform ifland, the telecom giant ...

LG Electronics Inc. announced Monday it has launched its very own non-fungible token (NFT) platform, LG Art Lab. Now available in the United St...

The issue of allowing K-pop megaband BTS to fulfill alternative service to active military duty resurfaced again on Thursday, with government offici...

South Korea’s petrochemical makers reduced ethylene production as a global economic slowdown is expected to hurt demand in the second half wit...

Kakao Corp. is looking to add display advertising to South Korea’s largest messaging app KakaoTalk, as well as the fintech apps developed by i...

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

South Korea’s inflation accelerated further last month to its highest point since the 1997-98 Asian financial crisis, adding to expectations t...

Hit by shrinking liquidity around the globe, startups in South Korea are coming up with different ways to cut costs, most notably in human resources...

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...

South Korea’s fourth-largest conglomerate LG is setting its sights on clean energy technology as it steps up efforts to transform into an eco-...

PANGYO, Gyeonggi Province – In Steven Spielberg’s 2002 sci-fi film Minority Report, Tom Cruise gets all the information he needs through...

Back in 2013, Hong Kong painted itself as the uncontested leader in Asia’s art scene – over Singapore, Shanghai, and Tokyo. Art Bas...

South Korean private equity firms that plan to inject a total of 1.2 trillion won ($1 billion) into SK Ecoplant Co. are having a hard time raising t...

South Korea’s tech behemoths are turning the companies’ characters into non-fungible tokens (NFTs) with the aim of creating an intellect...

Some major institutional investors in South Korea are set to increase alternative investments this year to hedge inflation and stabilize cash flows....

South Korea’s e-commerce giant Coupang Inc. reported the smallest quarterly loss on strong product commerce business, raising hopes for a turn...