first rate cut

South Korea’s National Pension Service (NPS), also the world’s third-largest pension fund, will gradually reduce the proportion of its l...

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

South Korea's Kyobo Life Insurance Co. announced on Thursday that it received the highest rating of AAA for insurer financial strength (IFS) from th...

South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...

South Korea's low-price coffee chain, Mega MGC Coffee, announced on Tuesday that it will open its first overseas store in Mongolia on May 30. This...

South Korean retail giant Shinsegae Group’s building unit, suffering amid difficulties in the local real estate project financing sector, is s...

South Korea will strengthen regulations on the conversion prices of convertible bonds (CBs) to protect stakeholders from excessive share dilution, t...

South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...

The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

The US-based cosmetics brand Bath & Body Works, renowned for its diverse lineup of over 250 fragrances, enters the South Korean market. Shi...

The Bank of Korea said on Thursday it has grown more uncertain about when to cut interest rates despite expectations of easing the monetary policy g...

South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 trillion won ($19.1 bill...

SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...

Samsung Electronics Co., the world’s top memory chipmaker, on Tuesday replaced its semiconductor business chief as the South Korean company st...

South Korean tech giant LG Electronics Inc. has ended its extended reality (XR) partnership with Meta Platforms Inc. three months after they agreed ...

HLB Co. and its affiliate stocks tumbled on Friday on news that the South Korean biotech group’s highly anticipated new cancer treatment Rivoc...

Despite the recent Line-Yahoo cacophony, South Korean entrepreneurs are continuing their advance into Japan to find the next big market.On Thursday,...

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, said on Friday it has partnered with Japan’s Kyocera Commun...

South Korea's Lotte Wellfood Co. announced on Friday that it signed a memorandum of understanding (MOU) with K-drama producer Studio Dragon to col...

SeAH Group, South Korea’s major steel group said to be a steel supplier to SpaceX, is set to foray deeper into the US, the world’s bigge...

Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...

The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...

South Korea’s top automaker Hyundai Motor Co. may see labor challenges at its plant in Montgomery, Alabama as its US manufacturing workers are...

Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

South Korea plans to accept Indonesia’s request to cut its share of payments for a joint fighter jet development project to one-third of the o...

HMM Co., South Korea’s flagship sea carrier, announced on Tuesday that it achieved the Platinum rating from EcoVadis, a global environmental, ...

TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its contro...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...