growing government debt

LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...

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

South Korea's Cabinet on Tuesday passed a bill on the launch this year of the nation's own version of the US National Aeronautics and Space Administ...

The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...

South Korea's the ministry of SMEs and Startups will invest 675 billion won ($513 million) by 2027 to revive small- and middle-sized nuclear power c...

Visitors to South Korea will be able to enjoy tax-free shopping and casino experiences with ease, thanks to the mobile passport identity verificatio...

South Korea will invest 31.5 billion won ($23.96 million) this year to train over 3,700 core personnel in future car technologies, including autonom...

The South Korean government will inject this year budget of 1 trillion won ($763.4 million) in intellectual property (IP)-related projects.The Presi...

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

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

South Korean bakery franchises are enjoying growing popularity in the US, appealing to local customers with a variety of bread products and bakery c...

BEIJING – The Boao Forum for Asia (BFA) is expected to serve as a venue for the world’s two largest memory chipmakers -- Samsung Electro...

The South Korean industry of webtoons, or digital comics, has seen its original content illegally posted on foreign websites over the past few years...

Yoon Kyoung-lim, the sole nominee to be KT Corp.’s next chief executive, has offered to resign, sending the selection committee of the top S...

South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...

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

Three large cloud service providers (CSPs) in South Korea will participate as a team in the project K-Cloud pursued by the government to verify dome...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

South Korea plans to ease regulations that limit foreign ownership of big companies deemed crucial to its economy as the government aims to align it...

South Korean startups sponsored by the government’s information and communication technology acceleration program, dubbed K-Global Project, sa...

South Korea’s jobs grew at the slowest pace in two years last month partly owing to a slowdown in the country’s manufacturing sector due...

Samsung Electronics Co. is looking to own a controlling stake in Rainbow Robotics Co., a South Korean collaborative robot maker, as the tech giant h...

Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...

Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...

BC Card Co., a South Korean credit card company, said on Friday it has signed two contracts to provide digital payment services for Indonesia’...

HD Hyundai Co., the owner of South Korea’s biggest shipbuilding group, opened an in-house daycare center at its new headquarters building in K...

WASHINGTON D.C. – South Korea’s chemicals-to-defense conglomerate Hanwha Group has hired Danny O’Brien, a top aide to US President...

Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...

Samsung Electro-Mechanics Co. has developed an advanced semiconductor substrate for autonomous driving, which is expected to drive the top South Kor...

Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...