World Bank

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

South Korean food giant CJ CheilJedang Corp. built the world's largest frozen pizza plant in the US to overtake Nestle on the related American marke...

Personal space has become more important since the COVID-19 pandemic swept the world, and one South Korean-led industrial design company has develop...

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

Global investors will find opportunities to increase positions in private debt markets amid high interest rates this year and need to strengthen their...

Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, announced on Wednesday that it will participate in the upcoming "W...

South Korea's InBody Co., the global leader in analytic devices for body composition, is entering the health management solution field in 2023.Usi...

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp. , announced on Thursday its participation in the "2023 TFWA Wor...

The number of workers in South Korea's manufacturing sector is expected to drop by 240,000 over the next 10 years, a report says, caused by the decl...

Samsung Electronics Co.'s biggest labor union under one of South Korea’s two major trade unions is objecting to the latest wage deal signed la...

Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

AlphaGo was behind the first artificial intelligence shock in South Korea after its landslide victory in a Go match against the country’s lege...

SACHEON, South Gyeongsang Province – On a hot spring day in April, the roar of combat aircraft engines fills the air. It’s a normal day ...

Korean Air Lines Co. held a 2030 Busan Expo Korean Air Special Aircraft Unveiling Event at the aircraft hangar at Incheon International Airport on W...

South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its ta...

South Korea’s battery separator maker SK IE Technology Co. (SKIET) will supply separators to a major electric vehicle (EV) battery maker in Ch...

ULSAN – SK Gas Ltd. South Korea’s leading liquefied petroleum gas (LPG) supplier, is set to spend $1.5 billion on liquefied natural gas ...

Musinsa Co., South Korea’s leading online fashion platform, is in the final stage of attracting 200 billion won ($149.8 million) from US priva...

Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...

This isn’t going to be another history of the meltdown of Silicon Valley Bank. Dozens of those have appeared in my inbox over the past mon...

South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...

Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...

LS Electric Co., South Korean manufacturer of power and industrial automation equipment, announced on Monday that it will participate in the Hannove...

South Korea's first-generation bio companies and Industrial Bank of Korea (IBK) have created a bio investment fund to support ventures in the field ...

The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...

South Korea’s National Pension Service (NPS) and Korea Investment Private Equity Co. are set to sell off their stake in a Brazilian rare metal...

South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...

LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...

South Korea’s central bank chief on Tuesday defied market views that the monetary authority may have ended its tightening campaign, citing gro...