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TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rem...

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...

Celltrion Inc.’s Avtozma, a biosimilar to Roche’s autoimmune disease treatment Actemra, has won approval from the European Commission, f...

Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...

Woori Financial Group Chief Executive and Chairman Yim Jong-yong should keep his post through to the end of his term and lead the banking group&rsqu...

South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...

Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into n...

Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...

PAG, an Asia Pacific-focused alternative investment firm, on Friday announced the final close of its 10th opportunistic real estate fund at $4 billi...

Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...

Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire Seoul-based AI chip startup FurisosaAI Inc. and the discussion cou...

Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge an artificial intelligence alliance with major South Korean companies...

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...

South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...

SAN JOSE, Calif. – Last year, Samsung Electronics Co. scored a first-mover advantage with consumers by introducing the Galaxy S24 as an AI sma...

South Korea’s debt market got off to a strong start this year, as several blue chip companies made a bold return to the bond market for new is...

South Korea will sharply raise the threshold for listed companies to remain trading on the domestic stock market to facilitate the delisting of fina...

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs of customers in I...

SAN FRANCISCO – South Korea’s leading biosimilar drug developer Celltrion Inc. seeks to acquire a domestic health food maker as early as...

Samsung Biologics Co., the world’s largest contract drugmaker, said on Thursday it has signed an initial agreement with LigaChem Biosciences I...

The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race...

You can now buy a Hyundai on Amazon.You read that right. You can buy a vehicle on the same site where you purchase dinosaur balloons and roller skat...

Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...