monthly consumer spending rankings

South Korea’s e-commerce startups are enjoying massive hikes in their valuations on the back of robust online spending by millennials and memb...

Awake Corp., a startup that operates platforms to assist online creators, recently attracted 1.1 billion won ($892,473) in seed capital. The total a...

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...

Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...

Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...

South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

South Korea’s SK E&S Co. acquired US electric vehicle charging solution provider EverCharge Inc. to start the business in the world’...

South Korea’s tech behemoths Naver Corp. and Kakao Corp. are intensifying competition over who will dominate the global webtoon market. ...

South Korean retail investors bought more exchange-traded funds (ETFs) than stocks on the country’s main Kospi in the last six months as the b...

South Korean silicon wafer maker SK Siltron Co. on Wednesday announced a plan to spend 1 trillion won ($810 million) on its domestic capacity expans...

Visual effects production startup VA Corporation announced Monday it received 100 billion won ($80.4 million) from private equity fund Paratus Inv...

Kakao Entertainment Corp., a unit of South Korea's top mobile messenger app, is in the final stages of talks to buy a controlling stake in SM Entert...

South Korea’s SK Group units focusing on investments in new eco-friendly industries are facing risks of credit rating downgrades.Investors hav...

Hyundai Motor Group’s electric vehicle sales in Europe are rapidly rising. Hyundai Motor Co.'s IONIQ 5, launched in Norway in May 2021, topped...

The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...

Kia Corp., South Korea’s second-largest automaker, said on Thursday it will launch 14 electric vehicles by 2027 with an aim to sell 1.2 millio...

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, have worked for decades to refine their profil...

South Korea will introduce an IPO lock-up period for company executives and their top shareholders to ban them from selling the company shares short...

South Korea’s largest auto parts maker Hyundai Mobis Co. plans to spend up to 8 trillion won ($6.7 billion) over the next three years on its f...

South Korea’s energy-to-retail conglomerate GS Group has increased its spending to become the largest shareholder in Hugel Inc., the country's...

Kia Corp. is the top-ranked automaker in J.D. Power’s 2022 US Vehicle Dependability Study (VDS) ahead of General Motor Co.’s Buick as we...

Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...

South Koreans are continuing their rush to safer assets with the balance of bank deposits, money market funds (MMFs) and cash management accounts (C...

Hyundai Motor Co. will unveil the much-anticipated IONIQ 6, its first all-electric sedan on an exclusive EV platform, in July, to compete with the l...

South Korea’s inflation this year is expected to accelerate to an 11-year high, adding to expectations of further interest rate hikes later th...

Grade-A office transactions in Seoul hit a record high of 17.1 trillion won ($14.2 billion) in 2021, breaking the 16.6 trillion won record set in 20...

Samsung Electronics Co.'s spectacular 2021 earnings report on Thursday was overshadowed by its murky business outlook, as the world’s top make...