second supplementary budget

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...

South Korea’s consumer prices in March grew at the fastest pace in more than 10 years on surging energy and commodity prices, while the centra...

Foreign investors in March sold a net 4.84 trillion won ($3.97 billion) worth of shares on South Korea's main bourse Kospi, their highest-ever mon...

Samsung Electronics Co. on Friday launched the 4G LTE Galaxy A23 smartphone, a cheaper version of its flagship Galaxy A series models, targeting the...

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...

Samsung Electronics Co. has unveiled two new Galaxy A series models, targeting price-conscious customers looking for affordable smartphones packed w...

POSCO Group, the world’s sixth-largest steelmaker, said on March 14 it has started construction on a solid electrolyte manufacturing facilit...

National Pension Service (NPS) of South Korea posted a 10.86% rate of return in 2021, according to a preliminary data report by its investment man...

South Korea will make a second attempt to launch its first domestically designed and developed space rocket Nuri in mid-June after an earlier attemp...

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

South Korea’s money supply increased at the fastest pace in history last year, exceeding liquidity growth in the eurozone, which accelerated i...

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...

Smilegate Entertainment Inc.’s Lost Ark has become the second most played game within a couple of days after its launch on Steam, the world&rs...

South Korea’s government bond yields jumped to their highs in almost four years as lawmakers sought to raise a supplementary budget to up to $...

Hyundai Motor Co. said on Tuesday it will spend a record 9.2 trillion won ($7.7 billion) this year to ramp up facilities for electric cars and other...

South Korea is slated to see a trade deficit for a second straight month in January for the first time since the 2008-09 global financial crisis on ...

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

The Kosdaq Listed Companies Association of South Korea announced its top Kosdaq blue chips during its 13th annual award conference held on Dec. 16...

South Korea’s DL Energy is set to expand its power plant business in the US.DL Energy, formerly known as Daelim Energy, said on Dec. 17 that i...

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...

Korea Venture Investment Corp. plans to invest $58.2 million or about 69 billion won in 10 funds around the globe. The government-backed fund o...

The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...

SK Hynix Inc., the world’s second-largest memory chipmaker, has unveiled the industry’s highest-performing DRAM with a data speed capabl...

South Korea’s pharmaceutical conglomerate Celltrion Group has made its very first step in reforming corporate governance structure by merging ...

Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...

South Korean software and ICT conglomerate Hancom Group will be the first private company in the country to launch a micro-satellite, or a satellite...

Voronoi Inc., a South Korean biotechnology startup, has clinched a $324 million deal to grant Brickell Biotech, a US clinical-stage pharmaceutical f...

South Korea’s government proposed a record high spending for 2022 to reinforce a recovery in Asia’s fourth-largest economy despite a wid...

Coffeebanhada, a South Korean budget coffee chain operator, is seeking to attract investment from private equity funds and strategic investors.Accor...