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Citigroup Inc. said on Monday its exit from South Korea's retail market was expected to cost between $1.2 billion and $1.5 billion, most of which wo...

Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...

South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...

Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...

General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...

Hyundai Steel Co. and Samsung Electronics Co. said on Monday they have developed technology that can recycle the chipmaker’s wastewater sludge...

Brookfield Asset Management Inc. will name Jun Park, a top manager of Seoul-based private equity firm Hahn & Co., as the new head of its South K...

LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...

Industrial Bank of Korea (IBK) is slated to raise $500 million in dollar corporate bond at a lower-than-planned cost on strong demand.IBK decided to...

LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...

A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...

South Korea’s government delayed a sale of foreign exchange stabilization fund bonds to next month, disrupting local companies’ plans to...

South Korea’s Hyundai Glovis Co. has inked a deal with global commodities trader Trafigura to transport gas and ammonia as part of its longer-...

Hyundai Heavy Industries Co. plans to spend 70% of the proceeds from its initial public offering on the Korea Exchange, or about 760 billion won ($6...

LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...

Shares of LG Chem Ltd. and LG Electronics Inc. fell sharply on Monday in Seoul following General Motors Co.’s announcement on Friday that it w...

South Korea's electronics and auto industries, the two main pillars of Asia’s fourth-largest economy, are losing growth momentum. Demand is sl...

Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an ...

South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...

Korea Gas Corp. (KOGAS) cut imports costs on liquefied natural gas (LNG) from Qatar for 20 years thanks to COVID-19 test kits.KOGAS signed on July 1...

IMM put Hyundai LNG Shipping, South Korea’s top liquefied natural gas (LNG) tanker operator, on sale in a predicted $1.7 billion deal.IMM Priv...

South Korea’s shipbuilding industry has maintained the top position worldwide in new orders for three straight months up to July.According to ...

Korea Midland Power Co. (KOMIPO) raised $300 million in a dollar corporate bond at a lower interest rate than planned on strong demand among foreign...

Korean Air Lines Co. (KAL) hit a milestone of having operated 10,000 cargo-only passenger flights as of Aug. 1, as the country’s top carrier g...

A sale of Daehan Shipbuilding Co., South Korea’s only shipbuilder under creditor protection, is to be completed within this year through a sta...

Prices of core raw materials such as lithium and cobalt for electric vehicle (EV) batteries jumped to threaten the global auto industry’s key ...