dollar won FX rate

South Korea's expected inflation has hit a record low of 3.7% in 11 months in April 2023. While the consumer price index rose by 4.2% last month, wh...

POSCO Future M Co. on Wednesday signed a long-term contract with LG Energy Solution Ltd. (LGES) to supply 30.26 trillion won ($22.6 billion) worth o...

South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...

Steel giant POSCO has joined the ranks of South Korea’s top five conglomerates for the first time, supported by strong earnings from its recha...

LG Energy Solution Ltd. will add a new mother factory to its Ochang manufacturing complex, as part of its plan to turn the home manufacturing site i...

South Korea averted a recession as Asia’s fourth-largest economy rebounded more than expected in the first quarter on strong private consumpti...

Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...

The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundamen...

Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...

 Samsung Group leader Lee Jae-yong will meet with chief executives of leading US companies, including Apple Inc.’s Tim Cook and Google LL...

Pohang University of Science and Technology (POSTECH), set up by South Korea’s steel giant POSCO Group in 1986 as a research university in the...

South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish global semiconductor indu...

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

South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...

Samsung Electronics Co. has joined its peers in cutting memory chip production on its chip division’s anticipated first loss in more than a de...

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...

"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...

Investors are readying their return to the stock market in South Korea, encouraged by the rosy outlook for secondary battery stocks, but more retail...

The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...

LG Electronics Inc., said on Sunday that it has won a total of 24 awards at the prestigious "Red Dot Design Award."  Among the accolades, LG El...

South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...

Domestic duty-free sales in South Korea increased by 36.7% in February compared to the previous month, due to the resumption of short-term visas for...

JW Pharmaceutical, a drug company based in South Korea, has received its first patent for a hair loss treatment that is currently in development. Th...

South Korea’s chip foundry company DB HiTek Co. is mulling about 1 trillion won ($780 million) in capital expenditures to enhance its foundry ...

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

South Korean power plant builder Doosan Enerbility Co. has secured a series of contracts in Central Asia, including orders in Uzbekistan and Kazakhs...

LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 fo...

South Korean biotech GI Innovation Inc. is slated to debut on the local public market at less than half of its pre-IPO investment value, facing luke...

South Korea’s Doosan Group on Sunday said its chairman Park Jeong-won visited the construction trade show ConExpo-Con-Agg in Las Vegas on Wedn...