weak luxury demand

After an exterior peek of its new Genesis sedan G90 last month, Hyundai Motor Co. on Tuesday fully unveiled the flagship luxury model, its first mod...

Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...

South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise interest rates agai...

Inspire Integrated Resort Co., a South Korean resort developer and 100% affiliate of US casino and gaming company Mohegan Gaming & Entertainme...

Now it is time to invest in e-commerce, healthcare and multifamily housing, or the so-called three megatrends, which have increased in demand during...

Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...

“Music becomes Cashcow” is the slogan for Korea’s hottest startup of the year, Musicow, Inc., and cash cow it has been. Indus...

South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...

The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...

Steel scrap, once derided as trash, is emerging as a national strategic resource as steelmakers are increasingly recycling metal scrap to reduce rel...

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...

Korea Aerospace Industries Ltd. and Airbus SE, a European multinational aerospace company, are jointly entering the satellite business to capture ...

Moderna Inc.’s COVID-19 vaccine first produced by Samsung Biologics Co. under a contract manufacturing organization (CMO) service will be avai...

Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...

EcoPro BM Co., South Korea’s top cathode producer, plans to set up factories in the US and Europe to expand its business in the global marke...

South Korean Simone Acc. Collection Ltd. has withdrawn its initial public offering plan on lukewarm demand from institutional investors, investment ...

Industrial properties in the US will likely continue to outperform other types of real estate, driven by significant rental growth in the e-commerce...

South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...

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

One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Korea-based luxury resa...

SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country...

London-based M&G Investments expects the logistics and residential real estate markets in most parts of Europe to continue to offer attractive r...

LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...

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...

South Korea-based Akuodigital Corp. is a startup that uses artificial intelligence technology to digitize all types of paper documents. And instead ...

China, Japan and South Korea are racing for expanding wafer production as surging chip demand and increase in semiconductor makers’ capacity t...

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

South Korea’s leading semiconductor design house Gaonchips Co. has officially kicked off preparations to go public in the first half of 2022. ...

The growing demand for larger-size printed circuit boards (PCBs), used to connect chips to the circuit boards of electronic devices, has been pushin...