forex swap line

South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased...

SK On Co., a battery affiliate of South Korea's SK Group, announced on Wednesday that it has signed a technology transfer agreement with the US-ba...

Like their global peers, Hyundai Motor Co. and affiliate Kia Corp. recently turned their sights back to hybrid vehicles as electric vehicle uptakes ...

Line Next Corp., a digital asset affiliate of South Korean online portal giant Naver Corp., has attracted $140 million in a funding round led by Cre...

SK Group is setting out for a new era, tapping younger leaders in their 40s and 50s to lead South Korea’s second-largest group in its mission ...

South Korea’s Samsung SDI Co. formed a new team to promote the commercialization of the all-solid-state battery (ASB), the so-called “ba...

The US-based in-vitro diagnostic device company Access Bio Inc. announced on Monday that it opened its second factory in Monroe Township, New Jersey...

South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The tw...

SK Square Co., an investment arm of South Korea’s No. 2 conglomerate SK Group, has suspended negotiations with Singapore-headquartered e-comme...

South Korea’s foreign exchange reserves dropped in October for the third straight month to their lowest point since June 2020, as local author...

South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...

Samsung Electronics Co., the world’s largest memory chip maker, on Tuesday reported a triple-digit quarterly increase in third-quarter profit ...

South Korea’s Kumho Petrochemical Co. and POSCO International Corp. are considering launching a joint venture to produce carbon nanotubes (CNT...

Shares of HMM Co., South Korea’s No. 1 container line, are likely to fall as its main creditors exchanged perpetual convertible bonds (CBs) an...

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...

Hyundai Motor Co.'s premium brand Genesis announced on Wednesday that it unveils The Camping Gear Black Edition, tailored for camping enthusiasts.&n...

Lotte Wellfood Co., formerly Lotte Confectionery Co., has revised up this year’s Choco Pie sales forecast in India to 80 billion won ($60 mill...

South Korea will extend the operating hours of the domestic foreign exchange market from next month, allowing foreign currency dealers to directly p...

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...

LG Electronics Inc. has launched a second massive micro LED TV for those wanting a premium cinema experience at home.The company on Monday said it u...

South Korean internet service provider SK Broadband on Tuesday said it launched the country’s first dedicated line service that supports the o...

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

LG H&H Co. announced on Thursday its strategy to focus on the Chinese market by unveiling a renewal version of "Cheongidan," the flagship produc...

Samsung Electronics Co. on Tuesday said its new Pro Ultimate line of secure data (SD) cards features enhanced speed and stability.The brand’...

Samsung Electronics Co. has launched Samsung Food, an integrated food platform that offers a personalized eating experience and connects to the comp...

Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...

Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...

South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...

Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...