growing government debt

E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...

President-elect Yoon Suk-yeol will scrap the outgoing government’s plan to sell off its stakes in loss-making overseas mines, including the Am...

China’s leading battery makers are actively advancing into overseas markets with plans to build manufacturing factories close to their clients...

Hyundai Motor Co. and Kia Corp., automaking units of Hyundai Motor Group, logged a smaller decline in US car sales than their global competitors in ...

South Korea’s second-largest wireless carrier KT Corp. launched a cloud computing subsidiary on Friday. Cloud computing is the on-demand ...

South Korea’s central bank chief nominee said on Friday he will use interest rates to tackle household debt in Asia’s fourth-largest eco...

South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...

SK Lubricants Co., the world’s largest lube base oil supplier, invested $25 million in a US liquid immersion cooling solutions provider for da...

Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...

South Korea’s won currency on Monday hit its strongest point against the Japanese yen in more than three years on higher interest rates and co...

Hotel deals in South Korea hit a record high of 1.7 trillion won ($1.4 billion) in 2021, up 80% from the previous year, said global real estate serv...

South Korea’s top automaker Hyundai Motor Co. and the country’s No. 1 car rental firm Lotte Rental Co. are advancing into the domestic u...

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...

Suresofttech Co., a South Korean developer of verification tools for software quality, has won a deal to check a key system in small-size reactors m...

Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...

The unexpected death of Nexon founder Kim Jung-ju stoked market speculation about a possible change in its ownership structure and top management, s...

Fears are growing over accelerating inflation in South Korea as Russia’s invasion of Ukraine boosted energy and raw materials prices. The cris...

South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...

As the US and its allies are toughening up sanctions against Russia, South Korean exporters of smartphones, home appliances to automobiles are raisi...

South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...

The proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. has moved one step closer to completion with approval by South Korea’s an...

South Korea’s household debt hit a record on surging property prices, stoking concerns over a slowdown in private consumption in Asia’s ...

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...

Institutional investors of South Korea aim to increase their alternative assets, focusing on expanding private debt, according to a recent survey of...

TVing Co. is poised to sell 382,513 new shares to South Korean private equity fund JC Partner Co.’s affiliate to raise 250 billion won ($209 m...

Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...

South Korea’s money supply increased at the fastest pace in history last year, exceeding liquidity growth in the eurozone, which accelerated i...

South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...