two-track strategy

Prices of secondhand electric vehicles are falling in South Korea as drivers are increasingly less enchanted with eco-friendly vehicles due to weak ...

The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...

South Korea’s foreign exchange reserves dropped in October for the third straight month to their lowest point since June 2020, as local author...

SK Innovation Co., South Korea’s top energy company, said its electric vehicle (EV) battery subsidiary aims to turn to the black in the fourth...

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened a branch in Ashgabat, the capital of Turkmenistan, on Oct. 31, the c...

South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...

Asiana Airlines Inc. on Thursday decided to carve out its lucrative cargo business, clearing a major hurdle to its merger with bigger rival Korean A...

POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...

SHANGHAI – E-Land World Ltd., a South Korean fashion and retail company, is gearing up for another leap forward in China, where the company&rs...

South Korea's Daewoong Pharmaceutical announced on Tuesday it signed with memorandum of understanding (MOU) with Merck Life Science to build an arti...

South Korea's Woori Bank plans to open two new branches in India in the first half of next year. The bank announced on Tuesday it has obtained ...

South Korea’s Lotte Biologics Co. is establishing an antibody-drug conjugate (ADC) factory in Syracuse, New York, with an investment of 110 bi...

South Korean convenience store chain CU next month will launch a souvenir snack set for foreign tourists.This will be the first product of its kind ...

South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...

South Korea’s biosimilar drugmaker Celltrion group on Monday moved one step closer to the planned combination of its three major affiliates wi...

Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...

Hyundai Motor Co. and its sibling Kia Corp. together target selling 550,000 cars annually in the Middle East by 2030 to control about 20% of the reg...

South Korea's Kakao Enterprise Corp. announced on Friday that it has formed a joint sales partnership with Salesforce Korea to support digital innov...

Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...

The US appeals court has reversed a California federal judge’s ruling against Samsung Electronics Co. in its legal fight over memory chip pate...

South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-siz...

South Korea's Financial Supervisory Service (FSS) will fine the Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and Bank BNP Paribas the large...

Kokomo, Indiana, will be the site of the second electric vehicle (EV) battery plant in the US of South Korea’s Samsung SDI Co. and the Netherl...

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...

South Korean drug giant Celltrion Group has received a positive recommendation from Institutional Shareholder Services (ISS), a global leading proxy...

South Korea will deploy at least 10% of a state-backed fund of funds (FoF) to venture capital investment dedicated to small startups every year, the...

South Korea’s top four banks are strengthening their overseas operations, particularly in the digital banking business, to increase their non-...

Canada's No. 1 coffee chain Tim Hortons announced on Thursday that it plans to establish its second South Korean flagship store at the bustling Te...

Samsung Electronics Co. on Thursday announced its planned global release on Wednesday of Galaxy SmartTag2, the improved version of its mobile access...

Naver Corp.'s subsidiary Kream, the South Korean limited-edition goods trading platform has decided to merge its operations with Japan's Soda Inc., ...