first quarter 2023

For the first time in Asia, South Korea is hosting an event featuring the history of the Italian sports car brand Ferrari.Ferrari on Thursday opened...

The global real estate market is under significant pressure due to increased interest rates and banks' tighter loan standards in 2023. Commercial re...

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

Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, has begun actively exercising its voting rights in invested companies.Ac...

National Pension Service (NPS) in South Korea achieved a 6.4% return on investment during the first quarter of this year, recovering some 73% of the...

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

More than 500 South Korean companies from top business groups to AI-based biotech startups are slated to attend the Bio International Convention 202...

GWANGMYEONG, Gyeonggi Province -- Kia Corp.'s oldest integrated auto plant — which is also South Korea’s first of its kind — was c...

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...

Naver Cloud for the first time in South Korea has launched a specialized 5G mobile communications network at an apartment construction site.The comp...

GOHEUNG, SOUTH KOREA -- South Korea launched its homegrown space rocket on Thursday, making its first achievement to send a satellite for com...

Kim Jee-seop, former vice president of the customer service department at Mercedes-Benz Korea, has been promoted to oversee the German automaker&rsq...

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...

BTS Festa 2023, a festival celebrating the 10th anniversary of BTS' debut, will take place June 12-25 across Seoul, their agency Big Hit Music annou...

South Korea’s net international investment position (NIIP) increased in the first quarter on the country’s record-high direct investment...

Doosan Group companies including Doosan Enerbility Co., Doosan Fuel Cell and Doosan Fuel Cell Power will participate in the upcoming "World Climate ...

OCI Co., a leading South Korean chemical and green energy company, will team up with chemical giant Tokuyama Corp. of Japan to open a joint venture ...

Neurophet Inc., a South Korean startup developing artificial intelligence-powered medical solutions for brain diseases, is striving to make a breakt...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, aims to develop engines for unmanned aircraft within the next decade t...

Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...

South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd., (KAI) has finalized a contract to supply Malaysia with eigh...

South Korea’s central bank chief said on Monday the local economy is no longer supported by China given the sustained decline of its exports t...

South Korean army announced that the Korea Army Research Center for Future & Innovation, a defense-related advanced science and technology resea...

South Korea's HD Hyundai Energy Solutions Co., HD Hyundai Co.'s solar power subsidiary, on Monday said it will supply solar modules for construction...

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

South Korea's Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp. is joining forces with Google Cloud to glob...

South Korean chip equipment maker Hanmi Semiconductor Co. on Thursday said it made the world’s top 10 in the rankings of TechInsights, a globa...

Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...

North Korean leader Kim Jong-un broke a month of stealth to visit the site of preparations for the launch of the first military reconnaissance satel...