state owned utility firm

SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...

South Korea’s Daol Investment & Securities Co. plans to sell a controlling stake in its Thai subsidiary, Daol Thailand PCL, as part of its...

The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ratio although the d...

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

South Korean battery maker SK On has raised its research and development (R&D) capacity in next-generation cells by joining forces with the dome...

More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

Hyundai Mobis Co., the world’s sixth-largest automotive supplier, has developed technology for the first time in the industry to allow drivers...

South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

Daejeon-based Perigee Aerospace Inc. has taken a number of steps with the aim of becoming the next Space Exploration Technologies Corp. (SpaceX), th...

South Korea's oil refining and energy giant GS Caltex has teamed up with leading domestic companies in their respective fields to enter the carbon c...

Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...

Hyundai Motor Co., South Korea’s top automaker, joined hands with an Indonesian miner to secure a stable aluminum supply as demand for the raw...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

South Korea’s fabless memory semiconductor design house Netsol announced on Friday that it developed the country’s first STT-MRAM, a nex...

Korea Electric Power Corp. (KEPCO), the state-run utility, is set to suffer a record operating loss this year with a shortfall mounting to the secon...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...

RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...

South Korean economic growth is expected to decline further next year to the slowest level since the COVID-19 breakout while inflation is likely t...

South Korean startup Danggeun Market, the operator of the country’s largest neighborhood marketplace app Karrot, is ramping up efforts to incr...

South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...

South Korea’s largest startup event ComeUp kicked off on Wednesday at the Dongdaemun Design Plaza (DDP). The annual event, which celebrat...

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...

South Korea’s top mobile carrier SK Telecom Co. is aiming to quadruple its corporate value, currently around 11 trillion won ($7.9 billion), b...

South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...

FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...

South Korean copper foil producer SK Nexilis Co. on Nov. 7 signed an MOU with the authorities of two cities — Jeongeup, Korea, and Stalowa Wol...

South Korea’s leading power plant builder Doosan Enerbility Co. said on Thursday that its Vietnamese subsidiary has signed an agreement to pro...