second supplementary budget

South Korean game developer Netmarble Corp.’s Marvel Future Revolution, a new Marvel IP-based open-world action RPG, has topped the list of Ap...

Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...

South Korean drugmaker Celltrion Inc. has added Brazil to the list of countries that have granted emergency use approval for its COVID-19 treatment ...

Samsung Electronics Co. has made significant progress in developing a 200-layer vertical or V-NAND flash memory –the industry’s first &n...

Hyundai Motor Co.’s XCIENT hydrogen fuel cell trucks will be running the roads of California as part of two publicly funded projects to improv...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, on Thursday posted strong second-quarter earnings, driven by pricey spo...

Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1.8-trillion-won ($1....

South Korea-based Seven Brau Co., or 7brau, is poised to become the country's second craft brewery to make a trading debut, following the footsteps ...

South Korean merchant liner SM Line Corp. has filed for a preliminary review by the Korea Exchange of its plan to go public on the junior Kosdaq mar...

Samsung Electronics Co.’s light-emitting diode (LED) business, which was almost on the verge of a shutdown due to its sluggish performance, is...

LG Electronics Inc. on Wednesday reported a likely 66% jump in its second-quarter operating profit on the back of strong pent-up demand for home app...

The world’s first “robot-friendly” building will complete construction in the second half of this year by South Korea’s tech...

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...

SK Inc.’s real estate investment trust (REIT) affiliate plans to raise as much as 300 billion won ($266 million) via an initial public offerin...

South Korea’s merger and acquisition market is heating up as both big conglomerates and promising startups seek to buy out businesses with gro...

Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....

Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...

South Korea’s luxury handbag maker Simone Acc. Collection Ltd., 30% owned by US private equity firm Blackstone, has kicked off a process to li...

Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artificial intelligence (...

Second-tier chipmakers have been ramping up investment to boost their footing in the industry as they expect chip demand to gradually increase in li...

LG Energy Solution Ltd. and General Motors Co. will spend 2.7 trillion won ($2.4 billion) to build their second US electric vehicle battery plant in...

The National Pension Service (NPS) has reported a provisional return rate of 9.7 percent in 2020, marking the second time for the South Korean pensi...

South Korea’s financial authorities and the ruling Democratic Party are likely to extend the country's ban on short selling for another three ...

South Korea’s SM Group, formerly known as Samla Midas Group, is pushing for an initial public offering of its merchant liner, SM Line Corp., o...

South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...

Big Hit Entertainment Co., the label behind global boy band sensation BTS, pulled in 58.4 trillion won ($50.4 billion) with shares oversubscribed by 6...

Brian Kim (Kim Bum-soo), founder and chairman of South Korea’s biggest mobile messaging app operator Kakao Corp., has become the country’s...

The Korean Teachers’ Credit Union (KTCU) has appointed its corporate finance department head Ho Hyun Kim as chief investment officer, succeeding Sung-...

Police Mutual Aid Association’s (PMAA) chief investment officer Doyoon Lee was reappointed for another two-year term to become the first CIO to serve ...

The South Korean government plans to allocate 70% of its annual R&D budget to 40 projects for research and development in 11 core industrial...