Hyundai Motor, KT in $540 million share swap deal for future mobility

South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership through a 750 billion won...
South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...
Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...
South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...
National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management arm announced on Au...
JACKSON HOLE, Wyo. -- The Bank of Korea plans to raise interest rates until inflation falls to its target level but won't keep pace with the US Fede...
KKR & Co. and Anchor Equity Partners have tentatively agreed to sell their majority stake in South Korea’s e-commerce player TMON Inc. to ...
South Korea’s central bank on Thursday delivered its fourth interest rate hike in a row for the first time in its history as the monetary auth...
South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...
Seoul National University (SNU), South Korea’s top-ranked higher education institution, is pursuing the setup of its first overseas campus in ...
Samsung Electronics Co. on Monday announced the global launch of Odyssey Ark, the world’s first 55-inch 1000R curved gaming screen. 100...
South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project-based funds to the ...
South Korean companies scrambled for lowering debts and borrowing costs with new financial and business strategies as interest rates on corporate lo...
Multifamily assets have been a key investment target due to their resilience amid economic volatility. Japan, with the largest real estate market in...
The state-run Korea Gas Corp. (KOGAS) has decided to reduce its exposure to a $2.8 billion joint liquefied natural gas (LNG) project in Indonesia in...
South Korea’s inflation accelerated further last month to its highest point since the 1997-98 Asian financial crisis, adding to expectations t...
Medium-sized organic light-emitting diode (OLED) TVs are in the spotlight in the global premium TV market, where consumers have preferred larger scr...
South Korea’s GRE Partners Asset Management Co. a real estate investment firm, has recently suspended the selling process for Pfizer Pharmaceu...
The South Korean won is expected to weaken to 1,400 against the dollar, a level not seen since the 2008-09 global financial crisis as the country&rs...
The commercial real estate market in Seoul slowed this year, according to a report by South Korean online property platform RSquare. The sum of the ...
South Korea’s central bank is expected to raise interest rates by 50 basis points (bps) on Wednesday for the first time in history to cool dow...
The South Korean won is expected to further depreciate after touching its lowest level since the 2008-2009 global financial crisis, on concerns that...
Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...
South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...
South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 4...
The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...
South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...
Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...
South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...
South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...