electricity rates

South Korea’s central bank is expected to cut its policy interest rate by one percentage point next year with inflationary pressure easing fur...

South Korea’s No. 1 biopharmaceutical company Samsung BioLogics Co. and No. 2 Celltrion Inc. produced higher CO2 emissions last year than in 2...

South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...

National Pension Service (NPS) of South Korea increased investments in local machinery, shipbuilding and semiconductor stocks in the second quarter ...

South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...

South Korea’s largest automaker Hyundai Motor Co. and its sister company Kia Corp. posted record first-half-year sales in the US this year, am...

Hyundai Rotem, a South Korean railway system maker under Hyundai Motor Group, said on Friday that it had won a major contract in Australia alongside...

Electric vehicles suffered sharper price falls in South Korea’s secondhand car market this year, compared with combustion engine and hybrid ca...

Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...

The credit rating of Korea Seven Co., which runs the South Korean operations of the convenience store chain 7-Eleven, was downgraded to its lowest l...

The Electrified GV70, an electric SUV from Hyundai Motor Group's luxury brand Genesis, has won the top spot in a comparison test run by Germany's ...

South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

Kia Corp. announced on Sunday that its first large-scale electrified sport utility vehicle (SUV), the EV9, will be available for delivery to custome...

Rolls-Royce has unveiled Spectre, the brand's first all-electric model, on Friday in Seoul for the first time in the Asia-Pacific region.The exterio...

Add officials at the People’s Bank of China to the list of those disappointed by China’s post-COVID-19 reopening boom. On June 13, PB...

The Japanese yen is nearing its lowest level in eight years against the South Korean won, with their exchange rate hovering around the 9.00 level.It...

Kona Electric, the best-selling Korean electric vehicle (EV) of Hyundai Motor Co.'s compact sports utility vehicle (SUV), is on the verge of reachin...

MSCI Inc. regards the South Korean stock market as not ready for its developed market status despite a series of reforms, dampening the country&rsqu...

Korea Investors Service downgraded the unsecured bond credit rating of Hyosung Chemical on Thursday from A to A-, saying that its profit-generating ...

South Korea's largest trading company POSCO International on Thursday said its affiliate POSCO Mobility Solution will supply motor cores to Hyundai ...

South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...

South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...

Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

South Korea’s three-year treasury bond yield topped the base rate for the first time in two months, after the Bank of Korea (BOK) warned again...

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...

South Korea in the first quarter posted a total fertility rate (TFR) of 0.81, the lowest in history for that quarter. Because the number of bir...

The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-and-a-half-year tighte...