World Bank

Yen deposits at South Korean banks grew by the largest-ever monthly amount in November to a record $9.92 billion, central bank data show, as investo...

South Korea's game developing and publishing giant Krafton Inc. plans to introduce virtual characters using generative AI in the first-person shoote...

Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that its luxury mid-sized electric sports utility vehicle (SUV) GV60 was selected a...

Four major banks in South Korea are enjoying healthy earnings from overseas businesses, particularly in Asian emerging markets.KEB Hana Bank posted ...

South Korea’s Lotte Chilsung Beverage Co. announced on Tuesday that it partnered with the world's largest winery E&J Gallo to expand its...

Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company an...

Danish energy company Orsted has secured exclusive rights to build South Korea’s largest offshore wind power complex in a project estimated at...

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...

South Korea’s top auto parts maker Hyundai Mobis Co. said on Thursday it has developed an innovative premium display for vehicles – the ...

Dongkuk Coated Metal Co. (Dongkuk CM), a cold-rolled steel subsidiary of Dongkuk Steel Mill Co., announced on Wednesday that it has succeeded in dev...

Sodium-ion batteries (SIBs) are emerging as an alternative to lithium-ion batteries, currently dominating the rechargeable battery market for electr...

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

Lotte Group is considering sprucing up the Lotte World Tower in Seoul, the tallest building in South Korea, to maintain its position as a landmark s...

South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, in...

Samsung Electronics Co. is pushing forward with its goal of offering connected and customized services for 1.4 billion smartphones, TVs and home app...

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

The world's first test driving hydrogen-electric tram succeeded in Ulsan, South Korea. According to Ulsan Metropolitan Government officials, th...

Koreans are piqued by banks raking in extraordinarily handsome profits and handing out generous bonuses amid the high-interest rate environment that...

Samsung Electronics Co. on Wednesday unveiled the T5 EVO portable SSD, a lightweight portable Solid-State Drive (SSD) that provides up to 8 terabyte...

South Korea's Hanwha Ocean Co. secured 656.2 billion won ($496 million) worth of four very large ammonia carriers (VLAC) order from the Greek shippi...

SK Hynix Inc. said on Monday it has commercialized the world’s fastest mobile DRAM by shipping its new advanced mobile chips, LPDDR5T, to Chin...

MADRID - "The clinical Phase 1 results of the immune-oncology candidate ABL111, developed in collaboration with ABL Bio, have been selected as the b...

South Korea's Samsung C&T Corp. announced on Sunday it received certification for the world's largest liquid hydrogen storage tank design from D...

South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global ...

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group said on Tuesday it signed a memorandum of understanding (MOU)...

South Korea's cement maker SsangYong C&E Co. is investing 800 billion won ($616 million) in facilities to reduce environmental pollution in the ...

The Goldman Sachs Group Inc. named YK Yoon, head of fixed-income, currency and commodities (FICC) of the Seoul office, as a new managing director (M...

South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...

South Korea’s financial regulator plans wider investigations into illegal short-selling trades by major foreign investment banks to ease conce...

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...