United Nations Global Compact

Kia Corp. has sold its 15 million units on the domestic market since releasing its first vehicle six decades ago in 1962.The company on Monday said ...

South Korea’s central bank raised the base interest rate by 25 basis points to 3.25% during its monetary policy board meeting on Nov. 24, slow...

OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...

The prestigious Seoul National University was the only university in South Korea to rank among the top 100 universities in terms of producing futu...

South Korea's birth rate in the third quarter this year set another all-time low of under 0.8, and the national population consequently declined f...

Nongshim Co., a South Korean food and instant noodle manufacturer, announced on Wednesday that it is slated to export a smart farm system to Oman, a...

The Organisation for Economic Development and Co-operation (OECD) has cut its forecast for South Korea's economic growth next year to 1.8%, down fro...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

Samsung Electronics Co.'s device solutions (DS) division, which manufactures semiconductors and displays, has raised its initial annual base salary ...

The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...

South Korea’s National Pension Service (NPS) is set to receive a tax refund of 30 billion won ($22.4 million) from the US Internal Revenue Ser...

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...

Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...

South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...

Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...

Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...

FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...

South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...

South Korea's leading web portal Naver reported record-high sales in the third quarter thanks to surging growth in its content sector, including the...

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...