Busan International Mobility Show 2024

Hanmi Semiconductor Co. on Thursday announced a plan to retire 130.0 billion won ($90 million) worth of treasury shares in May, marking its largest-...

LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...

Hanwha Systems Co., a leading South Korean defense company, reported its best-ever earnings last year thanks to brisk sales of its defense systems i...

Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...

KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder...

Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoi...

South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...

New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, hea...

Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...

South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...

South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, ...

South Korea’s economy expanded 2.0% last year, falling short of the central bank’s forecast on weaker-than-expected growth in the fourth...

SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08...

South Korea’s Cactus Private Equity is set to acquire a stake in YM Tech Co., a Kosdaq-listed electric vehicle (EV) parts maker, for nearly 20...

South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, on Wednesday posted its largest-ever annual sales and operating p...

Hyundai Steel Co., South Korea’s second-largest steelmaker, sold more than 1 million tons of automotive steel sheets to overseas automakers ot...

Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...

The National Pension Service of Korea (NPS) has committed $800 million to Almanac Realty Investors, the private real estate investment arm of Neuber...

South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...

South Korea’s job growth slowed last year amid a prolonged slump in the country’s construction, manufacturing and retail sectors, boding...

South Korea’s largest zinc smelter, Korea Zinc Inc., plans to export antimony to the US. This rare metal is a flame retardant for batteries ...

Hyundai Motor Co. and its sibling Kia Corp. together shipped a record-high number of eco-friendly cars to overseas markets last year thanks to stron...

South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, said on Tuesday it signed a $1.4 billion contract manufacturing o...

South Korea’s top automaker Hyundai Motor Group said on Friday that it has teamed up with Nvidia Corp. to accelerate the development of advanc...

Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...

China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

German luxury carmaker BMW claimed the mantle of top imported car brand in South Korea for a second consecutive year in 2024, beating out rival Merc...

South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...