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Shinsegae Group could face a legal battle against two private equity firms that are demanding it buy back their combined 1 trillion won ($727 millio...

KT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who claimed the South Kore...

South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...

Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...

The number of foreign residents in South Korea is expected to rise steadily in the coming years to account for up to 10.1% of the country’s to...

Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...

South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...

South Korean tech giant Samsung Electronics Co. is battling an increasing number of patent infringement litigation cases from US patent trolls, the ...

LG Electronics Inc., the leading global home appliance maker, is actively increasing its workforce to improve artificial intelligence cyber security...

Apples, normally among the most common and available fruit, are poised to be a rarity in South Korea, where people are suffering a so-called “...

Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, announced Thursday that i...

Chung Yong-jin, vice chairman of South Korea’s retail giant Shinsegae Group, has been promoted to chairman to strengthen his clout over the co...

South Korea’s KT&G Corp., the world’s leading tobacco maker, appointed its Chief Operating Officer Bang Kyung-man as the final candi...

A South Korean real estate fund is set to post a 100% loss as the value of its sole asset, a prime office building wholly leased to Norway’s l...

Hanmi Pharmaceutical Group’s aim to merge with chemicals giant OCI Group is hitting some roadblocks amid a prolonged feud between the family o...

South Korea's major power plant builder Doosan Enerbility Co. faces a record-breaking fine to the tune of about 20 billion won ($15 million) over it...

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...

Smilegate RPG, a South Korean developer of a massively multiplayer online role-playing game (MMORPG) Lost Ark, faced a 100 billion won ($74.8 millio...

South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...

South Korean artificial intelligence tech startup Moreh Inc. said on Thursday that its large language model (LLM) topped a performance assessment by...

Under growing pressure from increased imports of cheap Chinese and Japanese steel products, South Korean steelmakers are considering filing an anti-...

As the annual general shareholders’ meeting season is approaching fast, publicly traded companies in South Korea are readying for a swath of p...

South Korea's low-cost carriers (LCCs) are enjoying a surge in demand as the country emerges from the COVID-19 pandemic, while major carriers are st...

Youngone Corp., a South Korean clothing manufacturer to global outdoor brands like The North Face and Patagonia, said on Thursday it has decided to ...

South Korea’s telecommunications companies, besieged by the onslaught of foreign over-the-top (OTT) players such as Netflix and YouTube, are g...

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...

The global automobile market is on track to recover to pre-pandemic levels this year and is expected to grow at a moderate pace amid a prolonged eco...

The proposed merger of Korean Air Lines Co. (KAL) and Asiana Airlines Inc. has moved one step closer to completion with Asiana’s backing of it...

South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...

Kia Corp., South Korea’s second-largest automaker, said on Friday that its third-quarter net profit rose fourfold from a year earlier thanks t...