new drug approval

MedPacto Inc., a South Korean biotechnology company that develops therapeutics for cancer and autoimmune diseases, has agreed with global drugmaker ...

South Korea approved exports of Moderna Inc.’s COVID-19 vaccine produced by Samsung Biologics Co. in a move that will help the country’s...

After an exterior peek of its new Genesis sedan G90 last month, Hyundai Motor Co. on Tuesday fully unveiled the flagship luxury model, its first mod...

Shares of Korean robot makers jumped this week following a tech giant’s decision to extend resources on its robotics department. Invest...

POSCO Group Chairman and Chief Executive Choi Jeong-woo on Monday reaffirmed the group's determination not to list on the stock market the steelmaki...

Korea Advanced Institute of Science & Technology (KAIST), a prestigious national research university in South Korea, is slated to establish a ...

Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...

South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...

Mortgage loan growth at banks in South Korea slowed to near a four-year low in November, on the back of tightened lending rules and an interest rate...

South Korea’s largest auto parts maker Hyundai Mobis Co. said on Wednesday it is unveiling two future mobility concept cars at the upcoming CE...

South Korea’s BNK Asset Management Co. acquired UBS Financial Services tower in New Jersey for $219 million from US real estate developer Hart...

Biopharmaceutical powerhouse Celltrion Inc. plans to use its treatments to test the Omicron variant detected in Korea, according to a high-level com...

South Korea’s parliament on Dec. 3 approved a record $515 billion spending for 2022 to support a recovery in Asia’s fourth-largest econo...

Virtual realms known as the metaverse that have become the hot topic for tech companies also are winning a new fan base among investors.SoftBank Gro...

KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the re...

South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors Co. to produce cathod...

South Korea’s Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has unveiled a foldable steering wheel along with other technologi...

The National Pension Service added New York-based private equity firm Warburg Pincus LLC to its pool of 58 global real estate investment manager...

Samsung Electronics Co. is supplying one of its latest advanced chips to Volkswagen AG for the German carmaker’s in-vehicle infotainment syste...

The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-...

South Korea’s SK Square, an investment firm spun off from SK Telecom Co., will buy a stake in a local cryptocurrency exchange to expand its po...

CVC Capital and Goldman Sachs Principal Investment Area (PIA) are among the shortlisted investors in South Korea's over-the-top (OTT) streaming serv...

Young-joon Ryu and Min-soo Yeo, slated as Kakao Corp. co-CEOs come March Korea’s largest mobile messenger provider Kakao Corp. is slated ...

South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...

SK On Co., one of South Korea's top three rechargeable battery makers, plans to raise around 3 trillion won ($2.5 billion) in a pre-IPO share sale n...

Teton Capital Partners, a US-based activist fund, has taken legal action to block IMM Private Equity from exercising its management rights over Hans...

Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...

South Korea's Doosan Group on Friday inked an agreement to sell a majority stake in Doosan Engineering & Construction Co. (Doosan E&C) to a ...

Sindoh Co., South Korea’s top 3D printer maker, unveiled a state-of-the-art 3D printer under its new premium brand fabWeaver as it aims to exp...

Naver Corp. has chosen Choi Soo-yeon, 40, to lead the top online platform in South Korea, in the 22-year-old company's most dramatic top management ...