fed funds rate

Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, said on Wednesday it will nearly triple its investment in South Korea t...

Singapore-based private equity firm Flashlight Capital Partners Pte. said Monday that it has filed court injunctions against KT&G Corp., beginni...

South Korea’s SK Plasma on Tuesday said it signed a term sheet, or a nonbinding agreement on the basic terms and conditions of an investment, ...

The number of South Koreans who spent this year’s six-day holiday of Chuseok abroad exceeded pre-pandemic levels, indicating a recovery in the...

South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...

The South Korean financial markets were roiled by a fresh taper tantrum after the US Federal Reserve chair signaled further tightening last week, tr...

South Korea's NeoCannBio, a medical cannabis startup backed by the Korea Institute of Science and Technology (KIST), announced on Tuesday that it ha...

South Korea's precursor manufacturer EcoPro Materials, aims to quadruple its production capacity by raising funds between 524 billion won ($390 mill...

South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...

South Korean startups and venture capitalists battered by chilled investor sentiment amid rising interest rates and slowing economic growth at home ...

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

Shinyoung Asset Management Co. has joined hands with Baillie Gifford & Co., a UK investment management firm, to launch a long-term growth stock ...

South Korea’s Samsung SDI Co. on Wednesday said all of its domestic business sites received the highest grade of Platinum in the Zero Waste to...

South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...

South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...

South Korea's VaxCell Biotherapeutics Co. on Tuesday said its treatment for advanced liver cancer under development stopped or greatly reduced the g...

Collaboration is becoming active among peer startups in South Korea to create synergy between different technologies and accelerate an early stage s...

South Korea will invest 1.1 trillion won ($827.1 million) in the information security sector by 2027, nearly double its combined budget of 556.9 bil...

Samsung Electronics Co. has committed $3.7 million to University of Texas at Austin’s Cockrell School of Engineering to educate talent and boo...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...

Realdraw, a South Korean developer of artificial intelligence image generation technology, won the country’s oldest startup pitch race D.Day l...

South Korea’s total fertility rate hit its trough of 0.7 again in the second quarter, according to Statistics Korea on Wednesday, deepening th...

National Pension Service (NPS) of South Korea achieved a 9.1% return on investment during the first half of this year, with assets under management ...

South Korea will expand startup nurturing programs into overseas venture companies launched by Koreans from next year as the country is stepping up ...

Sapeon, a South Korean artificial intelligence (AI) semiconductor company, announced on Wednesday that it has concluded a Series A funding round, ra...

South Korea’s major banks expect their earnings in the second half to fall on the soaring distressed debts of households and companies due to ...

LG Uplus Corp., South Korea’s third-largest mobile carrier, which has joined its two bigger local rivals in a race to expand non-telecom servi...

South Korea's JW Pharmaceutical announced on Monday that its experimental hair loss drug, JW0061, has been selected for a two-year funding program b...

South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...

South Korea’s central bank chief expected consumer inflation to fall below the mid-2% level in the second half of 2024, adding to predictions ...