housing price-to-income ratio

LG Electronics Inc. will double its dedicated exhibition booth for the LG Labs marketing platform at CES 2024, the world's largest IT and consumer e...

South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...

Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based...

On Nov. 20, HMM Co., South Korea’s No. 1 ocean carrier, issued new 200 million shares after its two largest shareholders -- Korea Development ...

Celemics Inc., a South Korean diagnostic reagent producer, is gearing up for its foray into the US and India next year in its first step toward glob...

Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, said on Monday it plans to raise 1.36 t...

Back in the 1970s, when simply having a car was a status symbol in South Korea, a four-door passenger sedan was the car of choice. And Hyundai Motor...

The sibling rivalry for control of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire & Techno...

Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...

Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s top tire maker Hankook Tire & Technology Co., said ...

The share price of LS Materials Co., a South Korean energy storage device maker, quadrupled on its Kosdaq market debut Wednesday given its rosy earn...

Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...

South Korean shipbuilders shrugged off concerns of an industry peak-out boosted by the first fall of new vessel prices in 45 weeks and lower used sh...

London-based hedge fund Palliser Capital said on Wednesday that Samsung C&T Corp. is 63% intrinsically undervalued and could increase its value ...

A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may n...

Competition to acquire Songwon Industrial Co., one of the world’s top specialty chemicals makers, is heating up as the South Korean company an...

As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...

Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work follo...

South Korea's Hanwha Ocean Co. announced on Monday that it secured an order for one very large ammonia carrier (VLAC) from a shipowner in Oceania fo...

SINGAPORE – Hyundai Motor Group on Tuesday officially inaugurated its first mobility innovation center in Singapore powered by a slew of smart...

Hyundai Motor Group announced on Tuesday it spun off three in-house startups Eficar, Hcharge Lab, and 3I Solution. Eficar provides a service th...

LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...

SK Square Co., an investment arm of South Korea’s No. 2 conglomerate SK Group, has suspended negotiations with Singapore-headquartered e-comme...

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) announced on Friday it has recently signed a shipbuilding contract for two very large-sc...

YoonJung Ahn, a design head at Waymo, Alphabet’s autonomous driving technology unit, is joining Samsung Electronics Co. as executive vice pres...

South Korea’s SK Geo Centric Co. on Wednesday broke ground on a waste plastic recycling complex to transform itself into a green petrochemical...

Fadu Inc., the first unicorn in the South Korean semiconductor sector, which had a triumphant market debut three months ago, is facing the backlash ...

South Korea’s convenience store chain Emart24 partnered with YMK Construction to launch an innovative range of prefabricated houses, a first i...

Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...