Next Finance Initiative

Hyundai Motor Co. is set to build an electric vehicle assembly plant in Saudi Arabia as South Korean companies are increasingly tapping growth oppor...

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...

BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction a...

Hanmi Science Co., the holding company of South Korea’s pharmaceutical giant Hanmi Pharmaceutical Co., has joined the global race to develop t...

SK Hynix Inc. and Samsung Electronics Co. are confident that a new memory chip market renaissance is just around the corner thanks to the generative...

LG Electronics Inc. has unveiled concepts for automotive electronics including a flexible display.The company on Sunday said it launched the page Mo...

The Export-Import Bank of Korea (Eximbank) on Thursday in Seoul signed a memorandum of understanding with Export Finance Australia (EFA) on cooperat...

The main payload satellite Next-Generation Small Satellite 2" of the Nuri, launched on May 25, has been confirmed to be operating perfectly, as anno...

South Korean game company Netmarble Corp. announced on Monday that it will partner with Hana Financial Group to develop new financial experiences an...

Hyundai Motor Group and LG Energy Solution Ltd. will spend a combined $7.59 billion to build electric vehicle and battery cell plants in Georgia, th...

South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...

Dongkook Lifescience Co., established through a spin-off from Dongkook Pharmaceutical Co. in May 2017, announced on Tuesday that it has entered into...

South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, is stepping up its defense export marketing efforts ...

South Korea is set to bolster support for local fabless companies, which design and sell chips, with an aim to grow the firms into global semiconduc...

Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...

South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...

Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...

Convenience stores in South Korea now sell bottled water without plastic labels. The Korea Chamber of Commerce and Industry (KCCI) and Jeju Pro...

South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...

SILICON VALLEY – Ringle English Education Service, a South Korean startup operating a one-on-one English tutoring platform, is actively seekin...

The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...

Hyundai Motor Co.'s all-new Santa Fe will finally hit the market with presales to take place this Saturday in South Korea, where the mid-size sport ...

South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...

The Samsung Electronics Co. foldable Galaxy Z Fold 5 and Flip 5 could be the next big thing on the smartphone market.The company on Tuesday said it ...

Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to  Light: Eclipse, is now available on Google Play in ...

South Korea’s KEPCO KPS signed an extension agreement with the Uruguayan Electricity Authority (UTE) on Wednesday for the operation and mainte...

Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...

Hyundai Motor Co. and Kia Corp. will cease manufacturing diesel-powered compact trucks in November and replace them with liquefied petroleum gas (LP...