first rate cut

LS Electric Co. plunged more than 9% on Monday, the first day of its inclusion in the Morgan Stanley Capital International (MSCI) Korea Index.On the...

South Korea's HD Hyundai Co. established the HD Hyundai Hope Foundation (tentative name) to support the families of victims of major industrial acci...

Chey Yoon-chung, the eldest daughter of SK Group Chairman Chey Tae-won, unexpectedly made her debut during an SK Biopharmaceuticals Co. video confer...

South Korea's POSCO International Corp. said on Thursday that it received its first-ever credit ratings from Standard & Poor's (S&P) and Moo...

South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...

South Korea’s gaming giant NCSOFT Corp. is set to develop an open-world massively multiplayer online role-playing game (MMORPG) while launchin...

South Korean tech giant Samsung Electronics Co. said on Tuesday it has begun supplying its latest automotive chip, LPDDR4X, to Qualcomm Technologies...

Kookmin Bank, South Korea’s largest lender under KB Financial Group, will tighten lending to curb mortgage loan growth in line with the govern...

Samsung SDI Co., South Korea’s third-largest battery maker by battery usage, has picked Lotte Energy Materials Corp. as the exclusive supplier...

Orion Holdings Corp., a leading South Korean confectionery and snack maker, has been active in overseas markets for decades, particularly in China a...

South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...

A new contract chipmaking technology, dubbed the backside power delivery network (BSPDN), will reduce the size of a 2-nanometer chip by 17%, compare...

Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-, with a Stable outlook for both c...

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

South Korea's Amorepacific Corp. announced on Thursday that its premium color cosmetics brand Hera opened its first store on August 8 at Central Chi...

The South Korean won on Monday touched a five-month high as the central bank may not immediately cut its policy interest rate due to rising property...

LG Electronics Inc., the world’s largest home appliances maker, raked in more than 2 trillion won ($1.5 billion) in first-half sales in India ...

Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...

South Korea’s job numbers grew in July, led by new hires among those in their 60s and older in one of the world's fastest-aging countries. The...

South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...

Imported vehicle dealers in South Korea are offering deep price cuts amid the growing electric vehicle phobia following a Mercedes-Benz EV blaze tha...

Ssangyong C&E Co., a leading South Korean cement maker, said on Monday it has exported 30,000 tons of low-carbon limestone cement to the US &nda...

CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of the bakery chain brand Tous les Jours, announced on Monday t...

South Korean tire manufacturers have nearly reached sales of 45 million units in the global market during the first half of this year, the Korea Tir...

South Korea’s second-largest automaker Kia Corp. on Friday unveiled a new K8 large-size sedan, its first drastic facelift in three years.Kia, ...

HD Hyundai Mipo Co., formerly Hyundai Mipo Dockland Co., has embarked on the construction of South Korea’s first liquefied CO₂ (LCO₂) carrier,...

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

South Korea’s corporate bond markets are having an unusually busy summer as companies are rushing to sell debts to lock in lower interest cost...

Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...

Hankook Tire & Technology Co. said on Wednesday that it will supply its tires for Mercedes' high-performance brand AMG's sports car, the GT Coup...