won dollar

Hyundai Motor Co.’s all-electric IONIQ 5 crossover beat two competing models from Volkswagen and Swedish carmaker Polestar in a comparative as...

POSCO Chemical Co. announced Thursday that it won 13.8 trillion won ($10.6 billion) worth of cathode orders from General Motors. The company, w...

Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

South Korean fashion e-commerce platform Brandi Inc. has embarked on a 67 billion won ($51 million) funding round, hoping for around 800 billion w...

The South Korean won is expected to weaken to 1,400 against the dollar, a level not seen since the 2008-09 global financial crisis as the country&rs...

LG Innotek Co., a major supplier of camera modules for Apple iPhones, is the only South Korean company to announce a billion-dollar facility investm...

South Korea’s central bank is expected to raise interest rates by 50 basis points (bps) on Wednesday for the first time in history to cool dow...

The South Korean won is expected to further depreciate after touching its lowest level since the 2008-2009 global financial crisis, on concerns that...

Private equity firms registered in South Korea enjoyed a 20% jump in their accumulated commitments in 2021 as a whole, led by small and medium-sized...

Samsung Electro-Mechanics Co., the electronic components unit of Samsung Group, has won a multi-billion-dollar deal to supply camera modules to Tesl...

South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

South Korea’s major industries, especially the petrochemical and auto parts sectors, are suffering from surging global commodity prices, a wea...

Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 million) in its microc...

The National Pension Service will reduce the amount of its new capital commitment to domestic private equity firms by 17% to 500 billion won ($400 m...

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...

For middle-class families in South Korea, it has become a morning ritual to bring the boxes of fresh produce and daily necessities delivered overnig...

A weakening won is usually a bonus for the South Korean economy as it strengthens the export-dependent country’s price competitiveness in over...

South Korea’s new President Yoon Suk-yeol called an emergency meeting as the won currency tumbled to its weakest level since the 2008-09 globa...

Samsung Electronics Co. has been chosen to supply 5G network equipment to Dish Network Corp., a US wireless carrier in the middle of building a 5G n...

South Korea’s won currency skidded to the lowest level in more than two years on Thursday, adding to fears over growing inflationary pressure ...

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

Dividend payments of foreign companies operating in South Korea have nearly doubled and the repatriation of profit to their headquarters is expected...

South Korea's SK Networks Co. is looking for an acquisition worth over 1 trillion won ($816 million) to accelerate its shift away from trading and r...

KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...

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...

NexFlex Co., South Korea's largest manufacturer of flexible copper clad laminates (FCCLs) used for smartphones, has drawn around half a dozen prelim...

SK Bioscience Co., the biopharmaceutical unit of South Korea’s SK Group, is seeking multi-billion-dollar mergers and acquisitions to expand it...