Renewable energy companies in South Korea are facing growing pressure to share their profits from generating electricity with wind or solar energy, brewing up controversy that this would make private energy businesses hesitant to invest in renewable energy production in the count

South Korean brokerage firms are ramping up sales of their long-term bonds to refinance their loans by repaying short-term debts in hopes of the Federal Reserve’s rate cut.KB Securities Co. had a bookbuilding process on Monday for selling its 200 billion won ($143 million)

Hyundai Mobis Co., the world’s sixth-largest auto component maker, will start test driving a Level 4 autonomous driving vehicle in Incheon's Songdo and Yeongjongdo from April to next year, the company said on Monday.The company signed a business agreement with the Incheon F

Fried chicken and hamburger franchises in South Korea have sharply bumped up their food prices following the parliamentary elections last week as the ruling party's crushing defeat raised expectations the government might loosen its grip over consumer prices.Goobne Chicken, a roasted chicken franchise company, raised the prices of its nine menu items by 1,900 won ($1.36) each, or by double digits, on Monday.The price of its signature chili crispy