Korea opens probe into Woori's loans to ex-chair's relatives

South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...
South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...
Foreigners and institutional investors in the South Korean stock market picked biotechs as their favorite shares in hopes of a biopharma stock jump ...
Carlyle Group, a union of Hong Kong-based Keppel Corp. and Gaw Capital Partners and a consortium of IMM Investment and IMM Private Equity are the th...
HD Hyundai Mipo Co., formerly Hyundai Mipo Dockland Co., has embarked on the construction of South Korea’s first liquefied CO₂ (LCO₂) carrier,...
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...
South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...
South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mob...
LG Electronics Inc., a leading South Korean home appliance maker, is strengthening efforts to enhance its presence in Europe’s heating, ventil...
HD Hyundai Infracore Co., a construction equipment and engine manufacturer, said on Thursday it has won the government's first project to develop ge...
South Korea's LG Innotek said on Thursday that it would expand the use of digital twin technology across its operations, partnering with engineering...
Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...
US industrial gas maker Air Products and Chemicals Inc. has put its South Korean unit up for sale for an estimated 5 trillion won ($3.6 billion), in...
LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced the country’s first open-sourced artificial intelligence la...
South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...
South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...
Kakao Games Corp., a game publishing unit of South Korean tech giant Kakao Corp., reported a sharp decline in second-quarter earnings on Wednesday d...
South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...
South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...
Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...
Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...
South Korea’s Hyundai Motor Co. saw sales of the hybrid version of its flagship Tucson SUV hit an all-time monthly high in July in the US, the...
South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...
South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...
South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...
South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...
Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...
LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...
Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...
South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...