low borrowing costs

Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...

LG Electronic Inc. is set to produce solar energy to support 10% of the annual electricity consumption at its Changwon plant in South Korea.The firm...

IMM Private Equity is trying to sell off the management rights of Able C&C, the parent of Korea’s first-generation low-priced cosmetics br...

Energy and infrastructure-focused private equity firm EMP Belstar has launched its second logistics fund targeting cold storage facilities in South ...

South Korea’s SK Telecom Co. is undervalued relative to its robust earnings and steady dividend payouts and needs to boost new AI-driven growt...

South Korean steelmaker Hyundai Steel Co. announced Tuesday it succeeded in the pilot manufacturing of advanced auto steel sheets using an electric ...

Hyundai Elevator Co., South Korea’s No. 1 elevator producer, swung to a quarterly operating loss for the first time since it was listed on the...

South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...

South Korea’s Hyundai Motor Group and battery maker LG Energy Solution Ltd. have secured $710 million from financial institutions overseas to ...

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

South Korea suffered from a larger trade deficit in the first 10 days of the month as semiconductor exports declined on weaker demand for memory chi...

South Korea’s game developers aimed to improve earnings with the release of new titles in the second half after reporting disappointing quarte...

South Korean companies scrambled for lowering debts and borrowing costs with new financial and business strategies as interest rates on corporate lo...

Refiners in South Korea are expected to report weak earnings in the third quarter after record profits in the previous three months as margins decli...

  A lot of stock investors have jumped into the bullish market in recent years. But global inflation and recession appear as threats to invest...

Travel startup Storicity Inc. tried for a year to find a developer in South Korea – to no avail.But when it expanded its search abroad through...

Naver Corp., South Korea’s largest online portal, on Friday reported its largest-ever quarterly revenue, led by webtoon and fintech services, ...

TOKYO – South Korea’s minimum wage per hour is poised to exceed Japan’s for the first time as early as this October.A subcommittee...

Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...

Major South Korean conglomerates are stepping up efforts to switch to renewable energy, driving their electricity costs sharply higher amid low supp...

POSCO Holdings Inc., the holding company of South Korea’s steel giant, reported a lower profit in the second quarter on rising raw material pr...

Warehouse automation startup Floatic Robotics wrapped up its pre-Series A round with 3.4 billion won ($2.6 million). The Seoul-based company is...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, plans to shut its loss-ma...

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

South Korea’s net issuance of corporate bonds during the first half of 2022 was its lowest in six years, according to Korea Financial Investme...

The South Korean won is expected to further depreciate after touching its lowest level since the 2008-2009 global financial crisis, on concerns that...