foreign affiliates

Despite the global popularity of Korean food, a poll says the cuisine has a long way to go in seeing development as a business sector.The Korea Comm...

Kream, a customer-to-customer (C2C) platform for buying and selling limited-edition sneakers, is slated to close the Series C round with a 200 bil...

Tesla, Inc. was the investors’ choice in South Korea this year, ahead of other overseas stocks.According to the Korea Securities Depository he...

BGF Retail, a franchiser that operates convenience store chain CU, said on Tuesday that it would implement an instant VAT refund service for foreign...

The merger between South Korea's two leading airlines Korean Air Lines Co. and Asiana Airlines Inc. passed a hurdle as China's antitrust watchdog ga...

SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...

LG Uplus Corp., a South Korean mobile carrier, is entering the domestic electric vehicle charging service market by launching a service platform, Vo...

South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...

Woowa Youths, an affiliate of Woowa Brothers, the parent company of South Korea's top food delivery app Baedal Minjok, on Monday announced its visio...

South Korea plans to more than double the number of skilled foreign workers next year as the country is struggling with a declining workforce at its...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

South Korean retail giant Shinsegae Group Chairwoman Lee Myung-hee has maintained the most expensive house for an eighth straight year in South Kore...

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

In order to address the chronic shortage of industrial engineering manpower, a research report proposed that South Korea put more effort into attracti...

Line Games Corp., an affiliate of South Korea’s internet giant Naver Corp., plans to list its shares on the Korean stock market via an initial...

Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...

The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...

Korea's chemical company SK Discovery Co. on Tuesday said it launched a bio strategy and investment division headed by Kim Jung-hoon, director of SK...

Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp dep...

Korea's loan and financing company BNK Capital on Thursday said its subsidiary in Kyrgyzstan, MCC BNK Finance LLC, has launched operations as its si...

South Korea will reform financial market regulations to attract more foreign investments and to achieve MSCI Inc.’s developed market status fo...

SK Inc., the investment arm of South Korea’s second-largest conglomerate SK Group, is ramping up its value chain of third-generation semicondu...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

South Korea's companies listed on the main stock exchange Kospi in this year's third quarter saw operating profit drop 26% from the same period last...

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...

Foreign private equity firms have taken advantage of the strong dollar to dominate corporate acquisition deals in South Korea, adding to expectation...