US high rates

Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 and Kia Corp. 's best-selling SUV Sportage earned a Top S...

The Kia EV9, the flagship large all-electric sport utility vehicle of South Korea’s No. 2 automaker, is sweeping major industrial awards in Eu...

Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...

General Motor Co., the leading US automaker, has asked LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufactur...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, expect to post decent chip profits next year as DRAM pri...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...

Celltrion Healthcare Co. announced on Thursday that its autoimmune disease treatment Zymfentra (the US product name for Remsima SC) is set to be lau...

Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...

Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work follo...

South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...

Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...

Harman International has taken over Roon Labs, the multi-device and multi-room audio technology company popular among audiophiles for its streaming ...

South Korea’s defense sector is enjoying booming demand from countries across the world that are cutting their reliance on Russian weapons, of...

South Korea is set to increase its visa quota for non-professional foreign workers to a record high and expand the sectors in which they can work to...

The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...

Naver Cloud, the infrastructure subsidiary of South Korea’s online giant Naver Corp., plans to launch a global version of its Whale browser in...

South Korean retailers and fashion outlets are seeing record-breaking sales during their big discount events this month, but industry watchers said ...

Current tenant demand for data centers has never been stronger and is growing at an unprecedented rate. Investors have started to take notice and ma...

Motional, the US-based self-driving joint venture of South Korea's Hyundai Motor Group and Aptiv, postponed its plans to launch a commercial robotax...

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has recently introduced two...

Samsung Electronics Co. will launch low latency wide (LLW) DRAMs next year, designed to improve the power efficiency of artificial intelligence appl...

South Korea's Woori Bank revealed on Tuesday that the Vietnamese corporation Woori Bank Vietnam opened its 22nd branch in Starlake, Hanoi. Star...

Toss Pay, the convenient payment service of South Korea's mobile financial platform Toss, said on Monday it has expanded its overseas on-site paymen...

South Korea lags far behind advanced countries in nurturing artificial intelligence (AI) talent due to the lack of proper skills development program...

Hyundai Motor Co., South Korea’s top automaker, will be the first carmaker to sell cars on Amazon in the US while providing drivers with the g...

Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, has launched an ETF in the US, the first of its kind t...

Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...

REC Silicon ASA, a US-based polysilicon maker, in which Hanwha Solutions Corp. and its affiliate have a 33% stake, has restarted operations after a ...

Artificial intelligence poses the biggest threat to high-paid, highly educated professionals such as medical doctors, accountants and engineering te...

South Korea's Hanyang Corporation announced on Thursday it signed a memorandum of understanding (MOU) with the US industrial gas company Air Product...