Inflation Reduction Act effect

South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...

Samsung Electronics Co. Chairman Lee Jae-yong, along with other global tech leaders, met with Chinese President Xi Jinping in Beijing on Friday as C...

South Korea’s constitutional court on Monday ruled against the impeachment of Prime Minister Han Duck-soo, restoring him to his position as ac...

South Korea's National Assembly on Thursday passed an amendment to the Commercial Act to expand boards of directors’ fiduciary duties to minor...

South Korea’s snack exports soared to a record high in February, surpassing $40 million for the first time, as global demand surged amid the s...

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...

Han Duck-soo, South Korea’s acting president and prime minister, was impeached in Parliament on Friday amid a deepening political crisis batte...

South Korea’s financial markets will see nearly 50 trillion won ($34 billion) in corporate bonds mature in the first half of next year —...

South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest econom...

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South Korea’s consumer prices remained steady at the 1% level for the third straight month in November thanks to a drop in oil prices. But eco...

When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...

South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...

Absolics Inc., the US glass substrate affiliate of South Korean chemical materials company SKC Ltd., has been selected to receive up to $100 million...

South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metrop...

South Korean solar cell companies such as Hanwha Q Cells Co. and OCI Holdings Co. are set to benefit from expanded subsidies covered by the US CHIPS...

Samsung Electronics Co. will unveil its first wearable robot, Bot Fit, later this month as the South Korean tech giant delves into the global health...

South Korea’s headline inflation slowed below 2% for the first time in three and a half years in September on lower international oil prices, ...

LG Group announced on Thursday that it has published the "2023 ESG Report," detailing its sustainability management achievements in 2023 and its fut...

South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...

South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

South Korea’s headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, complicating the Ban...

South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...

Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as people dropped by smal...

South Korea's biopharmaceutical company Celltrion Inc. said on Wednesday that its subcutaneous autoimmune disease treatment Remsima SC has surpassed...

South Korea's HMM Co. announced on Tuesday that it installed and initiated a demonstration of the Onboard Carbon Capture and Storage System (OCCS) f...

South Korea’s headline inflation stayed in the 2% range for the third straight month in June after its slowest rate of increase in 11 months, ...

South Korea’s Lotte Chilsung Beverage announced on Thursday that it plans to reduce plastic usage by 20% by 2030 by decreasing the weight of p...

POHANG, North Gyeongsang Province – POSCO, the world’s seventh-largest steelmaker, is set to significantly reduce emissions in the produ...