monthly consumer spending rankings

South Korea is poised to post a trade deficit for the seventh straight month in October, which would mark the longest period of shortfalls in 25 yea...

South Korea on Oct. 17 started exempting foreign investors from two types of taxes on Korean treasury bonds and monetary stabilization bonds investm...

South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...

South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...

South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...

South Korea’s top auto parts maker Hyundai Mobis Co. will spend $1.3 billion until 2030 to build auto parts and module plants for electric veh...

The phrase “Average is over” topped the list of 10 key phrases suggested by a renowned Korean consumer behavior professor to predict 202...

South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...

South Korea will introduce a high-performance supercomputing system by 2024, more than 24 times faster than the current model, a government-run rese...

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

South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...

The Asian Development Bank (ADB) has slashed its 2023 growth outlook for the South Korean economy, citing daunting global risks, as the country is h...

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, has unveiled a new speaker identification techn...

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...

POSCO, the world’s sixth-largest steelmaker, is expected to need months to resume full operations of its typhoon-hit plant, which makes up a q...

SK Group, South Korea’s second-largest conglomerate after Samsung, will funnel 67 trillion won ($48 billion), or about 40% of its 2022-2026 do...

South Korea is poised to report a trade deficit for a sixth straight month in September, which would mark its longest period of trade shortfalls in ...

KT Corp. and Studio Dragon Corp. have joined the ranks of South Korea’s most innovative companies thanks to their creation of cultural produ...

South Korea plans to reduce spending in 2023 for the first time in 13 years by cutting pandemic-era stimulus payments in a move to curb the country&...

Hankook Tire & Technology Co., South Korea’s top tire maker, will invest $1.6 billion to more than double its output in the US, the world&...

Metaverse game platform PlayTogether, operated by South Korean game developer Haegin Co., ranked second in global metaverse app downloads during the...

Hyundai Motor Co.'s premium brand Genesis has been recognized by industry analysts for its excellence in innovative technology and consumer experi...

Samsung Electronics Co., the world’s top memory chipmaker, is expected to invest some $74 billion to expand semiconductor production capacity ...

South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV market in the...

CNTUS SUNGJIN Co., a mid-sized South Korean company known for its colorful face masks made under the Aer brand, has focused on business-to-business ...

The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seeks to develop by 2026...

Ergonomic office chairs are drawing heightened interest from millennials and Generation Zers in South Korea, according to the country’s leadin...

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...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, said on Wednesday its second-quarter performance has improved signif...

South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a record high, central b...