first rate cut

SAN FRANCISCO -- Lotte Biologics Co., the drug consignment development and production unit of South Korean conglomerate Lotte Group, will seek to wi...

CVC Capital Partners is in the final stage of talks to acquire OLENS, South Korea’s largest contact lens brand, for about 500 billion won ($34...

Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

South Korea’s job growth slowed last year amid a prolonged slump in the country’s construction, manufacturing and retail sectors, boding...

The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...

The sales of several office buildings along Teheran-ro in Seoul's upscale Gangnam Business District (GBD) are gaining momentum.The bidding for the...

LG Energy Solution Ltd. reported its first quarterly loss in more than three years on Thursday, adding to concerns that the world’s third-larg...

You can now buy a Hyundai on Amazon.You read that right. You can buy a vehicle on the same site where you purchase dinosaur balloons and roller skat...

The Export-Import Bank of Korea (Eximbank) said on Wednesday it issued a total of $3 billion in global bonds, targeting worldwide investors.The matu...

South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which may encourage the comp...

Hyundai Motor Group Executive Chairman Chung Euisun on Monday urged executives and employees to guard against pessimism amid a “perfect storm&...

SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...

The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...

Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

Hyundai Motor Co. and other South Korean carmakers will release various types of new models ranging from hybrid sport utility vehicles (SUVs) and el...

Leclaza (ingredient: lazertinib), a new lung cancer treatment developed by South Korea’s Yuhan Corp. secured approval from the European Commis...

Han Duck-soo, South Korea’s acting president and prime minister, was impeached in Parliament on Friday amid a deepening political crisis batte...

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...

WASHINGTON – The US finalized a $4.7 billion government subsidy for Samsung Electronics Co.'s planned microchip facilities in Texas about a mo...

South Korea’s top automaker Hyundai Motor Co. will likely entrust the manufacturing of its automotive chips for self-driving vehicles to Samsu...

South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...

Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanes...

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

Samsung Electronics Co. on Thursday unveiled its new Galaxy Book5 Pro, packed with various AI functions, to compete with archrival Apple Inc.’...

HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-based Yang Ming Marine...

Samsung E&A Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Wednesday it has clinched ...