market average rate

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...

South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system at the upcoming CES 2025 event as it strives to boo...

South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...

South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...

Celltrion Inc. is one step closer to commercializing its four new biosimilars in Europe after a committee of the European Medicines Agency (EMA) rec...

South Korea's 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million).Atinum Investment Co. an...

Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanes...

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

South Korea's online fashion platform Musinsa said on Monday it signed a memorandum of understanding (MOU) with Japan's Zozo, the operator of online...

South Korea's government will host an overseas investor relations session to explain the country’s economic conditions and unveil market-boost...

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

South Korea's Boryung Corp. said on Thursday it signed a contract with Lotus Pharmaceutical, a Taiwanese oncology firm, for contract development and...

South Korea’s commercial vehicle sales are plunging on sluggish domestic demand amid a slowdown in Asia’s fourth-largest economy.Local s...

Samsung E&A Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Wednesday it has clinched ...

South Korean companies are postponing bond issues and initial public offerings on chilled investor sentiment in the aftermath of President Yoon Suk ...

China’s Mingyang Smart Energy, one of the top five global wind turbine suppliers, is gearing up for its advance into South Korea’s wind ...

South Korea’s leading brokerage firm Mirae Asset Securities Co. is poised to sell its stake in LX Pantos Co., adding to expectations of more d...

South Korea’s online game developer Nexon Korea Corp. said on Monday it signed a deal with China's Tencent Games to publish its new action rol...

South Korea’s credit rating remained unscathed by the political turmoil caused by the short-lived martial law declaration of President Yoon Su...

South Korea’s LG H&H Co. said on Thursday its sales on Amazon Black Friday this year surged 156% year over year.The Face Shop's Rice Water...

Global credit rating agency Standard & Poor's (S&P) said on Thursday "the introduction and swift revocation of martial law in South Korea ...

South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...

South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or...

Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The c...

Cash holdings at South Korean companies have soared to a record-high level, data showed on Monday. Companies are stepping up efforts to raise cash t...

Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...

South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...

South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...

South Korean accelerators (ACs) are turning to Southeast Asia and the Middle East market to support startups and expand their reach.ACs, companies t...

South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anot...