rate hold

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as government officials start lo...

South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...

South Korean companies are rushing to raise cash from the beginning of the new year amid growing concerns over a global economic downturn and market...

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

It couldn’t come at a worse time.South Korea’s exports are set for a 4.5% decline in 2023. So believes the Yoon Suk-yeol government.The ...

Naver Corp. and Kakao Corp., South Korea’s two leading online platforms, will put on hold acquisition-oriented growth strategies and instead p...

South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...

Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...

SK Inc., SK Group's investment arm, won the highest AAA ratings from both Morgan Stanley Capital International (MSCI) and the Dow Jones Sustainabili...

South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

Hyundai Motor Co. said on Wednesday that its G80 electric vehicle model received the highest rating of Top Safety Pick Plus (TSP+) in a crash test d...

South Korea's major holding companies are expected to set higher dividends per share (DPS) at end-2022 than in previous years, a Samsung Securi...

T’way Air Co. said on Tuesday that it would start running the Pokemon-wrapped airplane "Pikachu Jet TW" from the end of this month and release...

POSCO, the world’s sixth-largest steelmaker, resumed operations of a key hot rolling mill at a typhoon-hit plant in South Korea earlier than e...

South Korea’s Mirae Asset Securities Co. expected local shares with strong earnings including growth stocks to rally in the second half of nex...

South Korea’s LG Innotek Co. said on Dec. 15 it will showcase its new products for electric and autonomous vehicle parts at the Consumer Elect...

South Korea's auto powertrain maker Hyundai Transys said on Monday that a total of 23 suppliers received its video consultation assistance for eight...

South Korea's heavy industry company Doosan Enerbility Co. on Monday said it is Korea's first to receive international certification for an eight-me...

LG Uplus Corps. said on Sunday that it held a hackathon called "Hackstival" to compete for development skills of in-house software developers.The co...

South Korea's pharmaceutical company Boryeong said on Friday that it held the first "Care-in-Space Challenge" event, a new space healthcare startup ...

JSCO Holdings said on Thursday that it has signed a comprehensive memorandum of agreement (MOA) with EVE Mining & Development Corporation (EVM) ...

South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...

SK Chemicals obtained the highest grade in a recent ESG (environmental, social, and governance) rating evaluation of 1,033 listed companies, the com...

Kumho Tire Co. announced on Tuesday that it received a silver medal from EcoVadis, a global ESG (environmental, social, and governance) evaluation a...

South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...

South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...

Kurly Inc., Dunamu Inc. and other major South Korean unlisted stocks plunged as the fallout on asset prices from rising interest rates extended into...