fiscal year 2024

Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century w...

South Korea will change its system for sending projectiles into space to a licensing model covering one to five years instead of requiring approva...

South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...

A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...

Japanese steelmakers are expanding their market shares in South Korea, backed by the yen's drop against the Korean won to the lowest in eight years....

Imagine you're using a shopping app. You talk to the seller, ask questions and receive answers in real-time on a livestream video. Now and then, the...

South Korea is actively promoting itself as a foodies’ heaven to invite more Japanese tourists who have already contributed the most to the co...

South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...

It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it has signed an agreement to produce $242 million worth of anti...

South Korea's Hyundai Engineering & Construction (E&C) will open a branch in Warsaw, Poland, to join a project to build small modular reacto...

South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...

Samsung Electronics Co. will hold an investors forum in Hong Kong in November, where it is expected to share details about the development of high b...

South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...

NCSOFT Corp., a major South Korean game developer and publisher, is inviting game lovers to take part in the closed beta test (CBT) of its new actio...

South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...

South Korea’s Samsung Electronics Co. is set to bring its 83-inch 4K OLED TV model, with panels supplied by its crosstown rival LG Display Co....

Come Friday, Samsung Electronics Co., the world’s largest memory chipmaker, will mark its first anniversary of publicly announcing its enterpr...

South Korea’s SK Forest Co. and NH Investment & Securities on Friday held a launching ceremony for their joint supply of high-efficiency c...

South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...

JAKARTA, Indonesia -- South Korea and Indonesia have affirmed their commitment to expanding the scope of business cooperation from high tech to food...

South Korea’s Hanjin KAL Corp. will sell the assets owned by its Hawaii-based subsidiary Waikiki Resort Hotel Inc. to US company AHI-CLG LLC a...

South Korea's SK E&S announced on Friday that it has entered into a direct power purchase agreement (PPA) with Iljin Global and Bearing Art, bot...

South Korea's Kakao Mobility has announced a vision to build an evolved platform with generative artificial intelligence (GenAI) specialized for mob...

South Korea’s financial watchdog urged foreign brokerage firms to strengthen their internal control systems to ban illegal short selling on th...

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of HD Hyundai Heavy Industries, is set to become the f...

South Korea’s top supermarket chain E-Mart Inc. launched its fourth hypermarket in Ulaanbaatar on Thursday with a stronger push for Korean bra...

Hyundai Motor Co. announced on Thursday that it is set to release the 2024 model of its IONIQ 6 electric vehicle (EV) on Sept. 8, bolstering its EV ...

South Korean institutional investors, including SK Group and National Pension Service (NPS), are likely to only recover their principal without prof...