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South Korean conglomerates are canceling promotional events through to the end of the year, following the tragic deaths of more than 150 people in t...

Korea Investment Corporation (KIC) is eyeing secondary and deep value strategies, the sovereign wealth fund’s Senior Director of Private Equit...

SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...

Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...

GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...

South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...

South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...

South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...

Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...

NAND flash memory chip prices are expected to sustain a double-digit decline in the fourth quarter of this year due to oversupply and waning demand,...

South Korea’s major telecom company SK Telecom Co. has adopted a virtual human to feature in one of its commercial ads for the first time in t...

South Korea’s POSCO International Co. and its Australian mining partner Hancock Prospecting Pty Ltd. will invest A$300 million ($200 million) ...

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

South Korea’s battery and semiconductor companies, stock investors’ favorites, failed to revive the local initial public offering market...

South Korea’s SG Private Equity is set to acquire local industrial gas supplier Hankook Special Gases Co. for a deal in the early 100 billion ...

The price of napa cabbage continues to soar in South Korea. Hit by heavy rainfall during its harvest season, Gangwon Province suffered from a l...

Samsung Group’s four heirs to the late Chairman Lee Kun-hee have seen their group company shareholdings shrink by a combined 11 trillion won (...

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...

The emergence of a rival is usually a cause of distress for existing players.Micron Technology Inc.’s entry into the DDR5 DRAM arena, however,...

South Korea’s Hanwha Group promoted its petrochemical and energy unit Hanwha Solutions Corp. CEO Kim Dong Kwan as the group’s new vice c...

Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to sell a controlling ...

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

Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...

Gourmet food delivery platform Kurly and Golfzon County have won preliminary approval for their initial public offerings set for this year.The Korea...

When South Korea’s leading steelmaker POSCO Group acquired a 12.5% stake in Australia’s Roy Hill mine for 1.52 trillion won ($1.2 billio...

Korea Investment Corporation (KIC) said on Wednesday it has promoted Lee Hoon, its former head of investment strategy and innovation division, to th...