World Competitiveness Ranking

China’s leading battery makers are actively advancing into overseas markets with plans to build manufacturing factories close to their clients...

South Korea’s top steelmaker POSCO Co. and Hancock Prospecting Pty Ltd, a leading Australian mining firm, are slated to collaborate in low-car...

South Korean exporters such as Hyundai Motor Co. and Kia Corp. are jittery as the country’s won currency hit its strongest level versus the Ja...

HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...

Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...

The world’s second-largest battery maker LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have agreed to build a $4.1 billi...

South Korea’s LG Energy Solution Ltd. may build a billion-dollar battery plant in the US state of Arizona to meet growing demand in North Amer...

  Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer from operating losses ...

Jobis & Villains, the operator of artificial intelligence-powered accounting platform 3.3, announced that it recently acquired video messenger s...

South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...

Seoulites are set to enjoy Gucci’s fine-dining experience from later this month.The Italian luxury fashion house said on Wednesday it will ope...

Visual effects production startup VA Corporation announced Monday it received 100 billion won ($80.4 million) from private equity fund Paratus Inv...

President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...

South Korean game developer and publisher Pearl Abyss set a China release date of April 27 for its cross-platform MMORPG Black Desert on the App Sto...

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, have worked for decades to refine their profil...

South Korea will make a second attempt to launch its first domestically designed and developed space rocket Nuri in mid-June after an earlier attemp...

From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...

OCI Co., the only polysilicon maker in South Korea, is considering doubling its output of the solar cell material in Malaysia to meet rising demand,...

South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV markets last ...

TVing Co. is poised to sell 382,513 new shares to South Korean private equity fund JC Partner Co.’s affiliate to raise 250 billion won ($209 m...

South Korea’s LG Electronics Inc. has launched the world’s first 42-inch OLED TV, which the company said is ideal for game consoles such...

Seoul-based Glenwood Private Equity is putting a majority stake in South Korea's PI Advanced Materials Co., the world's largest polyimide (PI) film ...

Kia Corp. is the top-ranked automaker in J.D. Power’s 2022 US Vehicle Dependability Study (VDS) ahead of General Motor Co.’s Buick as we...

For the first time ever, South Korea’s fintech industry association will see meaningful competition in electing its chair this month – r...

The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...

Hyundai Capital Services Inc., a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a unit of Societe Generale Group, have launc...

Samsung Electronics Co., the world’s top memory chip maker, succeeded in developing in-memory computing technology that allows running a compu...

Global asset managers are increasing shareholdings in Koh Young Technology Inc., Korea’s leading 3D image measurement tech firm listed ...

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

South Korea’s Hyundai Heavy Industries Group grew more concerned ahead of the European Union’s decision on the combination of the world&...