Red Sea Crisis

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...

South Korean institutional investors find secondaries and private debt attractive amid the darkening economic outlook, chief investment officers (CI...

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp. , announced on Thursday its participation in the "2023 TFWA Wor...

South Korean President Yoon Suk Yeol on Thursday declared an end to most COVID-19 restrictions including mandatory quarantine for patients of the pa...

Hyundai Motor Co. and its affiliate Kia Corp. are slated to log a combined 150 million units of car sales this month. The carmakers of Hyundai Motor...

  South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...

South Korea's HMM Co. has partnered with GS Caltex for an eco-friendly biofuel project aimed at reducing greenhouse gas emissions, according to an...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...

South Korea's HMM Co. and Lotte Fine Chemical Co. have formed a partnership to transport and supply next-generation environmentally friendly fuel, a...

South Korea's Samsung Heavy Industries (SHI) and Korea Hydro & Nuclear Power (KHNP) and Denmark's Seaborg Technologies on Friday announced their...

South Korean tire maker Hankook Tire & Technology said on Thursday that its electric vehicle (EV) exclusive tire brand, "iON," has secured four ...

South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...

South Korea's state-run Korea Gas Corp. (KOGAS) has joined hands with JERA, a Japan-based global liquefied natural gas (LNG) corporation, in the wak...

The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...

LG Electronics Inc., said on Sunday that it has won a total of 24 awards at the prestigious "Red Dot Design Award."  Among the accolades, LG El...

Oil from South Korea’s famous hongsam (red ginseng) can prevent enlargement of the prostate, according to a study. A joint research team ...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

Studies have shown that South Korea's hongsam (red ginseng) is effective in preventing respiratory diseases such as the flu and pneumonia.The Korean...

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

South Korea suffered its first economic contraction in two and half years due to sluggish exports and weak domestic demand during the fourth quarter...

POSCO Holdings Inc., the holding company of South Korea’s top steelmaker, turned to the red in the fourth quarter of 2022 hit by a typhoon and...

South Korea in November last year suffered its second current account deficit in three months due to plummeting exports of key items like semiconduc...

South Korea’s National Pension Service (NPS), the world’s third-largest such fund, is poised to report an annual loss in 2022 for the fi...

KT Corp., a South Korean telecom giant, plans to advance into the sea farming business.KT said on Sunday it had signed a business agreement with O2 ...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...

sea change (idiom): a complete transformation, a radical change of direction in attitude, goals . . . (Grammarist) In my 53 years in the inve...

South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) and steelmaker POSCO have joined forces to develop new materials.DSME on Wedne...

Sandbox Network, Inc. announced on Sunday that it will go through corporate restructuring and encourage employees to voluntarily resign, hit by cont...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...