South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the financial watchdog has detected an increase in the illegal practice by institutional investors over the past few years.  T

South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s lucrative cargo unit worth up to 500 billion won ($364 million) after the country's No. 1 budget carrier Jeju Air Co. dropped out of

Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch rocket system (MLRS) to Poland.The deal was signed by Hanwha Aerospace Chief Executive Son Jae-il and Artur Kuptel, head of the Poli

BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, has joined hands with Contemporary Amperex Technology Co. (CATL), the leading global battery manufacturer, to recover its ailing business in China with customized eco-friendly models for the world’s largest automobile and electric vehicle market.Hyundai Motor Group’s key research center in South Korea is developing EVs tailored for the Chinese market in partnership with R