growing government debt

South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035...

South Korean non-performing loan (NPL) managers are increasing fundraising through corporate debt issuance given an outbreak of bad loans amid highe...

South Korean retail giant Shinsegae Group’s building unit, suffering amid difficulties in the local real estate project financing sector, is s...

ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...

South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

The Korea Chamber of Commerce and Industry (KCCI) partnered with the Korean American Chamber of Commerce of Los Angeles (KACCLA)  to address th...

South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...

LY Corp., the operator of Japan’s popular messenger app Line, is expected not to propose Naver Corp.’s stake sale in its largest stakeho...

South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...

South Korea’s soju and bibimbap are respectively the most popular liquor and food among foreigners, according to survey results released by th...

Korea Investment & Securities Co. enjoyed a record quarterly net profit on the course to become the country's most profitable brokerage house ...

K-pop sensation Blackpink’s label YG Entertainment Inc. is slated to sell 60% of its drama production subsidiary Studioplex later this year, t...

In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, ...

South Korea’s Osstem Implant Co., the world’s fourth-largest dental implant maker, is slated to acquire Brazilian peer Implacil De Borto...

South Korea's Celltrion Inc. announced on Thursday that it secured a contract to supply its biosimilars for autoimmune disease treatment and antican...

South Korea’s SK Geo Centric Co. is reconsidering how much it will invest in a planned $1.3 billion waste plastic recycling complex project in...

Creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) gave the go-ahead to a debt workout program for the cash-strapped South ...

South Korea’s largest bank Kookmin Bank said on Tuesday it has issued $600 million worth of global senior secured bonds. The debts were oversu...

SK On Co., the battery unit of South Korea’s top energy company SK Innovation Co., said on Monday it expects a business turnaround in the seco...

South Korea's integrated IT solution consulting company Etech System attracted an investment of 180 billion won ($130 million) from private equity f...

South Korea’s National Pension Service (NPS) will select domestic general partners (GPs) to manage about 1.5 trillion won ($1.1 billion) worth...

South Korea’s HD Hyundai Heavy Industries Co. announced on Wednesday that it has recently signed a memorandum of understanding (MOU) for desig...

Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea and undergoing ...

South Korea's Celltrion Inc. announced on Thursday that it released its autoimmune disease treatment Remsima SC (infliximab) in Denmark. Remsima SC ...

First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other cou...

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...