global business

South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...

HYBE Co., the largest shareholder of SM Entertainment Co., said on Friday it has accepted Kakao Corp.’s tender offer to sell its shares in the...

KT Cloud Co., the cloud computing unit under South Korea’s second-largest mobile carrier KT Corp., and US infrastructure investment firm Digit...

Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...

South Korea’s chip foundry company DB HiTek Co. is mulling about 1 trillion won ($780 million) in capital expenditures to enhance its foundry ...

South Korean fuel cell manufacturer Doosan Fuel Cell, and Kolon Global Corp., a South Korean company that specializes in the production of industria...

EcoPro Group, South Korea’s leading battery materials producer, is mulling investments in mines in the Americas to source cathode materials, a...

South Korea’s Hyundai Heavy Industries Co. became the world’s first shipbuilder to have marked 200 million brake horsepower (bhp) in cum...

South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the first overseas takeov...

KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...

South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...

Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...

SK C&C, a leading information technology service provider in South Korea, has announced a partnership with Naver Cloud to develop ultra-large ar...

Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...

South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...

South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...

Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...

South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solu...

Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights, have recommended op...

OCI Co., a leading South Korean chemical and green energy company, plans to significantly increase the size of its upcoming share buyback and cancel...

LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...

South Korea’s top search portal Naver Corp. said on Friday that it had received a global certification for its compliance management system fr...

Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. are urging shareholders of JB Financial Group Co., a South Ko...

The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...

South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...

F&F Co., a South Korean retailer of Western brands such as Major League Baseball (MLB), has been rapidly penetrating China's cosmetics market, w...

Kolon Industries Inc., a Korean manufacturer of chemical and textile products, said on Wednesday that it was exhibiting its hydrogen fuel cell parts...

The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they inv...

Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...

Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI Global, will collabor...