economic growth

Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on bro...

Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, is seeking new growth drivers by hosting strategy meetings groupwide.L...

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...

Amkor Technology Inc., the world’s No. 2 semiconductor packaging company, aims to take the sector throne by improving technology competitivene...

Samsung Electro-Mechanics Co., a South Korean electronic components maker, on Tuesday showcased two new multi-layer ceramic capacitors (MLCCs) with ...

The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....

Samsung Group leader Lee Jae-yong wrapped up a 22-day US business trip on Friday after meeting with nearly two dozen chief executives of multination...

Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...

South Korea’s exports are on course to drop for the eighth consecutive month as they declined in the first 10 days of May, data showed on Thur...

The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...

SK Telecom Co. beat market expectations for its first-quarter earnings thanks to its robust non-telecom businesses and vowed to continue to bolster ...

South Korea's low-cost carriers (LCCs) since last month have waged an intense competition with the recovery of the overseas travel market. They boos...

Samsung Group leader Lee Jae-yong, currently in the US, has vowed to make biotechnology the conglomerate’s second core strategic business afte...

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...

Once-popular games for feature phones in the 2000s are seeing a revival in South Korea on the growing demand for simple and easy titles for smartpho...

South Korea’s leading construction companies, led by Hyundai Engineering & Construction Co. (Hyundai E&C), posted modest operating pro...

Hyundai Mobis Co. will take another leap forward to become a mobility platform provider for future mobility technologies and bolster its new growth ...

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, plans to spend 2.4 trillion won ($1.8 billion) over the next five years and...

South Korea’s Government Employees Pension Service (GEPS) is set to inject 100 billion won ($74.7 million) to make its first investments in gl...

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., reported a 30% on...

South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...

South Korea’s major retailer E-Land Group has consolidated one of its fast fashion brand's operations at home and in China to accelerate growt...

South Korea's Dongwon Group announced on Monday that it will launch a new corporation called "Next Lo Co." on May 1 to strengthen the competitivenes...

POSCO Holdings said on Thursday that it has opened a headquarters for POSCO N.EX.T Hub, which will lead the R&D efforts for the entire POSCO G...

South Korean and Japanese businesspeople form a study group to strengthen economic cooperation between the two countries.The Korea Chamber of Commer...

The US stock market has long been the prime investment destination for South Korean investors, lured by the dynamics of the global top economy.With ...

South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, found a recent survey ...

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 was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...