Korean economy

Dwindling demand for foreign beers and whiskeys in South Korea has led some local liquor importers to let go of some staff, spurring concerns about ...

South Korean financial service companies are seeing increased losses in global real estate amid the commercial property value plunge and concerns ar...

LG Electronics Inc., transitioning into a smart life solution platform company from a simple white goods manufacturer, will enhance its customer-cen...

South Korean banks are accelerating moves to close branches given the growth in digital transactions and decline in offline customers but financial ...

Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...

SK Networks Co., a South Korean trading and rental company actively investing in tech firms in recent years, will step up its efforts to transform i...

US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...

South Korean companies and households flocked to investment funds and short-term deposits in December last year, pulling out of money market funds a...

South Korea’s job increases rose for a second straight month to a 10-month high in January thanks to higher employment of the older, although ...

South Korea’s Naver Corp. announced on Friday that its cloud computing unit Naver Cloud, Daekyo, and NSDevil will co-work to develop education...

Used cars from South Korea are being funneled into Russia via Kazakhstan and Kyrgyzstan, according to automobile industry sources on Friday. These...

South Korean unicorns, or private companies worth $1 billion or more, are increasingly refraining from taking over smaller startups for business exp...

Samsung Electronics Co., the world’s largest memory chipmaker, has won its first 2-nanometer node artificial intelligence chip production cont...

Mirae Asset Global Investments Co., an asset manager under South Korea's financial service giant Mirae Asset Financial Group, will develop exchange-...

Foreign investors bought more South Korean stocks and bonds in January, extending their buying spree to three months.The Financial Supervisory Servi...

South Korean beauty brand Nature Republic announced on Thursday that it opened its first store at Dubai Mall, the largest shopping mall in Dubai, ...

South Korea’s Gopizza Inc. opened its 50th branch in India, the world’s most populous country, as the food tech startup aims to attract ...

The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...

The proposed 1.8 trillion-won ($1.3 billion) merger between Korean Air Lines Co. and Asiana Airlines Inc. will offer a tailwind to South Korea&rsquo...

GS Holdings Corp., the holding company of South Korea’s energy-to-retail conglomerate GS Group, on Wednesday provided a dismal business outloo...

NextEnergy Capital, a leading global fund manager specializing in ground-mounted solar energy, will boost its investments in renewables around the w...

German luxury carmaker BMW Group is installing domestic GPS navigation systems in models sold in South Korea, joining other imported car brands&rsqu...

Shortt, a South Korean short form content company, announced on Wednesday that it has got a total of 400 million views of its campaigns for South Ko...

LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...

The South Korean stock market has seen increased volatility and few rallies over the past three months, in sharp contrast to government hopes that i...

South Korea's Daewoong Pharmaceutical announced on Tuesday that its subsidiary Daewoong Biologics Indonesia has obtained a stem cell Lab Operational...

South Korean companies are gearing up for listings targeting billions of dollars in market capitalization as the local initial public offering (IPO)...

SK Earthon Co., the resources development subsidiary of South Korea’s top energy company SK Innovation Co., sold a stake in Peru LNG Co. LLC f...

Netmarble Corp. expects a turnaround this year driven by new games after successfully snapping its seven consecutive quarter losing streak in the fi...

Apollo Asset Management, Warburg Pincus and Lexington Partners are South Korean institutional investors’ most preferred private equity firm...