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It is estimated that North Korea's economic growth rate recorded -0.2% last year. This marks the third consecutive year of negative growth since the...

The (South) Korea Tourism Organization (KTO) on Friday said 961,000 foreign visitors came to the country last month, a 321.9% jump from June last ye...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...

South Korea's Samyang Foods Co. announced on Friday that the cumulative sales of ramen with its Hot Chicken Flavor Ramen, or Buldak-bokkeum-myeon br...

South Korea’s Boram Group, whose main affiliate is an aid company, has entered the companion animal market.  Affiliates Boram Sangjo and ...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has committed €‎650 million ($724 million...

Kia Corp. has revised upwards its operating profit target for this year to up to 12 trillion won ($9.4 billion) after reporting its best-ever quarte...

Macquarie Korea Asset Management seeks to sell off a Korea tank terminal operator six years after the acquisition, at around 400 billion won ($314.8...

South Korea's top three shipbuilders -- HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries -- as early as September wi...

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

South Korea's LG Chem Ltd. on Tuesday said it received certification for its calculation method for product carbon footprints (PCF) from the global ...

South Korea’s Vestas Investment Management Co. is slated to sell off a London-based office tower as the property value has plunged due to rate...

South Korean battery maker SK On has unveiled its state-of-the-art "SK On Battery Safety Evaluation Center" in Seosan, South Chungcheong Province. T...

SK Hynix Inc. reported an operating loss in the second quarter of this year, extending its losing streak to three consecutive quarters and inflating...

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are set to compete head-to-head with Japan’s top ca...

South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...

South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...

South Korean food maker Daesang Corp. has started operations of the country’s largest facility for the production of allulose, a low-calorie s...

LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...

GS Entec, an energy equipment manufacturer under South Korea’s GS Global Corp., on Monday said it signed a memorandum of understanding with th...

South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...

Refining margins at South Korea’s four oil refiners, led by SK Innovation Co., have exceeded their break-even points after three months, a sig...

The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...

South Korean pharmaceutical company Kwangdong Pharmaceutical announced on Monday that it signed an agreement for securing exclusive sales and distri...

South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...

South Korean medical diagnostic company NGeneBio Co. announced on Monday that it has established an artificial intelligence (AI) precision diagnosti...

South Korea’s outbound travelers spent 19.8% more in the first half of this year compared with a year ago amid a revival in overseas tourism, ...

Kia Sportage has sold more than 7 million units since its launch three decades ago, celebrating the milestone with a special edition of its fifth-ge...

Samsung Electronics Co. announced on Sunday that it launched an 89-inch Micro LED TV model in the South Korean market. This product is Samsung's hig...

South Korea's BC Card will make a full-fledged entry into the Central Asian payment market by establishing a card payment joint venture in Kyrgyzsta...