global business

South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...

Artificial intelligence is the talk of the tech world, particularly with the rise of the worldwide sensation OpenAI’s ChatGPT, the generative ...

The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fin...

Rebellions Inc., a South Korean artificial intelligence chip design startup, beat global chip giants Qualcomm Technologies Inc. and Nvidia Corp. in ...

InnoGrid Co., South Korea's cloud computing and digital transformation (DT) specialist, announced on Friday that it has signed an agreement with dat...

Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four major South Korean ba...

South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...

South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and c...

Financial investment sources on Wednesday said Korea Exchange on March 31 conducted a regular review on listing more companies on the Kosdaq Global ...

Korean shipbuilders were outstripped by China in shipbuilding orders and backlogs last month, according to UK-based shipping industry specialist Cla...

TIMWORK Inc., a South Korean digital construction plan management software developer, won first prize at D.Camp’s March startup pitch competit...

South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...

Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...

South Korea’s small-sized nuclear reactor technology has fallen behind other major countries due to the years of the previous government&rsquo...

CJ CheilJedang Corp.'s flagship fermented food brand Haechandle Gochujang (hot pepper paste) is set to expand into the global market, backed by its ...

South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...

Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims to expand its prese...

KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...

The global popularity of ChatGPT is driving South Korean startups to launch a string of new services linked to the artificial intelligence-powered l...

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

POSCO International, a subsidiary of South Korea's steel-making-oriented POSCO Group, announced on Wednesday its entry into the biodegradable biopla...

Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands to establish an eco...

LG Electronics Inc. announced on Tuesday the launch of its latest air conditioner, the LG Whisen Tower II. The product boasts a sleek design that el...

South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

Biorchestra Co., a South Korean company specializing in RNA-based therapeutics, announced on Tuesday that it has entered into a joint research and o...

South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...

South Korean scientists have developed a chip that needs less electricity for advanced efficiency and data processing to help the country’s se...

Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...