first rate cut

Come next month, Korea will see its first online game-based non-fungible token exchange. Seoul-based video game developer WeMade Co., Ltd will ...

South Korea's National Pension Service (NPS) Investment Management said on Nov. 29 it earned 67.4 trillion won ($56.5 billion) return for the first ...

South Korea’s top automaker Hyundai Motor Co. will launch a pilot service of its first autonomous robotaxi based on its electric SUV, the IONI...

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

HealthQuest Capital, a major US healthcare-focused venture growth fund, made its first investment in Asia along with other venture capitalists by pu...

North Asia-focused MBK Partners has made lucrative exits from three investments in South Korea, China and Japan this year. They rank among the nine ...

The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...

Sindoh Co., South Korea’s top 3D printer maker, unveiled a state-of-the-art 3D printer under its new premium brand fabWeaver as it aims to exp...

BB.Q Chicken has brought its Korean fried chicken to Hawaii, one of the world’s top tropical resort destinations, as it aims to raise its bran...

Mirae Asset Global Investments Co. announced on Nov. 15 that its operating profit and net profit for the first three quarters came in at 312.4 bil...

Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

The Asian Infrastructure Investment Bank (AIIB) has committed $60 million to the STIC Asia Infrastructure Innovation Fund managed by South Korea&r...

SeAH Steel Holdings Corp. ’s UK subsidiary is set to supply monopiles, steel tubes that serve as a fixed foundation for offshore wind turbines...

HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...

South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...

South Korea’s Hyundai Motor Group is accelerating the urban air mobility (UAM) business with a plan to set up a research center for the sector...

Steel scrap, once derided as trash, is emerging as a national strategic resource as steelmakers are increasingly recycling metal scrap to reduce rel...

SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...

South Korea plans to buy back 2 trillion won ($1.7 billion) worth of government bonds in a move to stem a jump in market interest rates.The Ministry...

South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...

Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...

South Korea’s second largest institutional investor Korean Teachers' Credit Union (KTCU), with $40.2 billion under management, is eyeing its f...

South Korean Simone Acc. Collection Ltd. has withdrawn its initial public offering plan on lukewarm demand from institutional investors, investment ...

SK Hynix Inc., the world’s second-largest memory chipmaker, has unveiled the industry’s highest-performing DRAM with a data speed capabl...

EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to source deals in South...

South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-gener...

LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...

The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...

The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...