UFS 3.1

South Korea’s car exports to the US surged 44.6% on-year to a record high of $32.2 billion in 2023, making up the lion’s share of South ...

LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...

South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-...

China’s BYD Co., the world’s largest electric vehicle maker, is set to enter South Korea’s passenger EV market, setting off alarm ...

Mirae Asset Global Investments Co., one of the largest asset managers in South Korea, said on Thursday that its exchange-traded fund (ETF) TIGER US ...

Samsung Biologics Co. has agreed with South Korean biotech company LegoChem Biosciences Inc. to provide contract development organization (CDO) serv...

South Korea's major defense system developer LIG Nex1 Co. has clinched a $3.2 billion deal to export its latest missile interceptor to Saudi Arabia,...

South Korea's leading poultry processor Harim Co. has walked away from a $5 billion deal to buy HMM Co., South Korea’s No. 1 ocean carrier, re...

South Korea’s shipbuilder Samsung Heavy Industries Co. announced on Wednesday that it has won a $3.45 billion order for 15 units of liquefie...

SK Telecom Co., South Korea’s largest mobile carrier, will expedite its transition into an artificial intelligence company this year after its...

LG Electronics Inc. released the cost-effective wireless vacuum cleaner LG CordZero A9 Air on Monday, reducing product weight and price burdens.Th...

Sovereign wealth fund Korea Investment Corporation (KIC) posted an 11.6% return for last year, driven by strong gains on listed stocks. The state-ru...

Hyundai Motor India is in the early stages of talks to go public later this year to raise at least $3 billion, Reuters reported on Monday, as Hyunda...

South Korea’s biopharmaceutical company Aprogen Inc. announced on Monday that its Phase 3 clinical trial for a biosimilar of Herceptin (trastu...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., on Friday posted a 58.3% decline in its operating profit last year, weighed by lower re...

South Korea’s Hana Financial Group on Wednesday reported a dip in net profit in 2023, with record earnings at its flagship Hana Bank offset by...

Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...

UBS Group AG and Citigroup Global Markets Inc. are set to manage the sale of a joint venture between global private equity giant KKR Co. Inc. and ai...

The number of foreign tourists visiting Korea last year exceeded 11 million, reaching 63% of the pre-COVID level, with over 1 million arrivals month...

BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Ch...

LG Electronics Inc.'s transformation into a media and entertainment platform is gaining traction as its free web-based television streaming service ...

Samsung Electronics Co., the world’s No. 2 smartphone maker, said its latest flagship smartphone Galaxy S24 series enjoyed record pre-orders i...

Global private equity firms, which recover their principal investment in South Korea, sell their assets for 2.5 times the purchase price on average,...

South Korea’s Hyundai Motor Group kept its title as the world's third-largest automaker by sales volume for the second straight year in 2023, ...

Hanwha Corp., the parent company of Hanwha Group, announced on Thursday that it had received orders totaling 1.49 trillion won ($1.14 billion) in it...

South Korean microbiome-based new drug development company Kobiolabs Co. announced on Wednesday that it has a patent for its obesity treatment strai...

POSCO raised $5 million in three-year green bond sales on Jan. 16 to invest the proceeds in domestic facilities, the largest steelmaker in South Kor...

South Korea’s LG Chem Ltd. announced on Wednesday that its US-based subsidiary Aveo Pharmaceuticals will start Phase 3 clinical trials for its...

South Korea’s tech products exports rose for a second straight month to a 15-month high in December 2023 as overseas sales of semiconductors e...

South Korean biosimilar giant Celltrion Group is planning to debut on the Nasdaq market by early 2025, founder and Chairman Seo Jung-jin said at the...