XBB.1.5 variant

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

South Korea’s beauty products manufacturer Cosmax Inc. has entered the rapidly growing pet products market.The company specializes in receiv...

South Korea’s household debt hit a record on surging property prices, stoking concerns over a slowdown in private consumption in Asia’s ...

South Korea's SK Ecoplant Co. has acquired Singapore-based electronic waste (e-waste) disposal and recycling company TES Envirocorp Pte. Ltd for $1 ...

Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said on Friday that sales of its five biosimilar products in global markets, excludi...

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...

South Korea’s central bank is caught in a dilemma as it needs to raise interest rates to curb rising inflationary pressure in Asia’s fou...

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 ...

Smilegate Entertainment Inc.’s Lost Ark has become the second most played game within a couple of days after its launch on Steam, the world&rs...

MBK Partners and IMM Private Equity will each be investing 200 billion won ($167 million) in Megazone Cloud Corp., the first South Korean business p...

South Korea’s energy-to-retail conglomerate GS Group has increased its spending to become the largest shareholder in Hugel Inc., the country's...

South Korea’s tech giant Kakao Corp. reported 4Q revenue of 1.78 trillion won ($1.5 billion) in 2021, a 45% jump on-year. The figure is slight...

South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from production disruption...

Korea Investment Corporation (KIC), managing $205 billion in assets as of the end-2021, has invested in US cryptocurrency exchange platform Coinba...

Korean individual investors injected 9.5 billion won ($7.9 million) in TIGER KEDI Innovator ESG30 ETF on Feb 8, an exchange-traded fund (ETF) trac...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, on Monday reported a bigger-than-expected operating ...

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...

South Koreans are continuing their rush to safer assets with the balance of bank deposits, money market funds (MMFs) and cash management accounts (C...

  Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has bought a 5% stake in online game developer Nexon Co., the gaming...

South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...

Krafton Inc. said it invested $5.4 million in India’s mobile game development studio Nautilus Mobile as the South Korean producer of PlayerUnk...

Hanwha Defense Co. signed a contract to sell K9 self-propelled howitzers to Egypt on Tuesday in a deal worth over 2 trillion won ($1.7 billion.)Of t...

The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce trends. It is advant...

IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources on Jan. 27. The sta...

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, plans to spend as much as 1.5 trill...

Korean companies raised capital of 231.5 trillion won ($193.2 billion) through stock and bond issuance in the domestic market in 2021, according t...

Back in January 2017, SK Group Chairman Chey Tae-won emphasized the need for “deep change," in his New Year message and presented the phrase a...

Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, is reorganizing its business struct...

South Korea's benchmark stock index Kospi declined to its lowest closing level in one and a half months on Monday, moving in the opposite direction ...