overseas operations

South Korean startup Yeolmae Company announced Monday it received 17 billion won ($14 million) worth of funds through its Series B round. With the l...

South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

South Korean LG Corp.'s artificial intelligence research institute set up its first overseas base in Michigan to expand its global AI research ...

Hyundai Motor Co. is introducing a multiple vehicle assembly system at its main plant in South Korea to better respond to rising market demand for d...

South Korea’s major retailer Hyundai Department Store Group is set to buy Zinus Inc., a maker of best-selling mattresses in North America for ...

  Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer from operating losses ...

South Korea plans to open temporary settlement lines between domestic banks and their units in Russia in order to help companies hit by multinationa...

Nongshim Co., South Korea’s leading instant noodle maker is aiming for the top noodle spot in the US. The Korean food company will begin ope...

South Korea’s non-ferrous metal smelters such as Korea Zinc Co. and Poongsan Corp. are set to benefit from rising prices of raw materials in t...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

South Korean game developer and publisher Pearl Abyss set a China release date of April 27 for its cross-platform MMORPG Black Desert on the App Sto...

South Korea’s small and medium-sized enterprises adopted smart factories for survival as the digitalized facilities improve productivity and q...

Kakao Corp., the No. 1 digital comics platform in Japan, will expand deeper into the neighboring country's comics market by launching a platform whe...

KKR was chosen as the best private equity firm by South Korean institutional investors, a survey shows. Blackstone, Macquarie Asset Management and Are...

National Pension Service (NPS) of South Korea said on Feb. 28 it selected Millennium Management LLC, Starboard Value LP and Systematica Investment...

National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partners LLC and Clearlak...

Hyundai Motor Co. plans to set up chargers for electric vehicles at gas stations of Shell Inc. worldwide as South Korea’s top automaker aims t...

Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...

South Korea's Asiana Airlines Inc. turned to the black in 2021, reporting its largest-ever operating profit since 2010, as global supply chain disru...

Dongkuk Steel Mill Co., the world’s leading manufacturer of color-coated steel, reported the largest operating profit in 13 years on strong de...

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...

South Korea's LG Energy Solution Ltd. and its parent company LG Chem Ltd. on Tuesday delivered their largest-ever results in 2021, as the increased ...

Korea Post will increase its alternative investment from 13.6 trillion won ($11.3 billion) at the end-2021 to 16.7 trillion won ($13.9 billion) in 2...

Korea Teachers’ Pension (KTP) has said the rate of return from its investment management in 2021 reached 12%, the highest ever since its inc...

South Korea's mobile financial platform Toss is evolving from a payment service app into a full-fledged financial service provider, or a super app, ...

Hanwha Defense Co. signed a contract to sell K9 self-propelled howitzers to Egypt on Tuesday in a deal worth over 2 trillion won ($1.7 billion.)Of t...

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea.  The Ministry of L...

Plastics rise as Korean SMEs’ main export Many Korean small and medium enterprises performed exceptionally amid the economic recovery in 2021...

ICONIQ Capital, a US family office backed by Meta founder and CEO Mark Zuckerberg, has invested 50 billion won ($42 million) in Smartscore, a South ...