Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...

Samsung Electronics Co. Vice Chairman Jay Y. Lee has met with biopharmaceutical conglomerate Moderna’s co-founder and telecommunications g...

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

A former top prosecutor, nominated as the South Korean main opposition party's presidential candidate last Friday, has widened his lead over the rul...

SK Group Chairman Chey Tae-won has vowed to spend $26 billion, or half of the group’s planned investment in the US by 2030, on electric vehicl...

WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...

Apologies are a thorny topic for business executives and private individuals alike. How should a company or an organization issue an apology? On socia...

Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...

LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...

Hyundai Motor Group Chairman Chung Euisun is visiting the United States seeking business opportunities in one of the South Korean automotive group&r...

South Korea’s telecom and mobile network market leader SK Telecom Co., which announced last week its strategic long-term shift towards non-tel...

LG Electronics Inc. announced on Monday its exit from the loss-making mobile phone business, which has accumulated operating losses of 5 trillion wo...

South Korea’s largest online platform Naver Corp. has tentatively agreed to swap its shares with E-Mart Inc., Shinsegae's supermarket chain, a...

Samsung Electronics Co., sitting on a cash pile of more than 100 trillion won ($90 billion), is actively pursuing mergers and acquisitions, with som...

Samsung Electronics Co. is well-geared up to chase M&A deals and expand its facilities over the next three years to make full use of its cash ho...

South Korea-based LG Electronics Inc. looks to be considering selling off its struggling smartphone division, which has been in the red for 23 con...

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cas...

The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including c...