SoftBank-backed

Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, withdrew its plan for an initial public offering as local stock markets tumbled,...

South Korea’s Kakao Corp. has voluntarily removed an external payment link from the country’s largest messaging app KakaoTalk in complia...

South Korean startups that exceed $1 billion in valuations, known as unicorns, are pushing back their initial public offering (IPO) dates.The move c...

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

South Korea’s top 30 companies emitted their largest-ever amount of carbon dioxide last year, contrary to their goal of reducing greenhouse ga...

South Korea's Hyundai Oilbank Co. on Wednesday won preliminary approval for an initial public offering on the Korea Exchange, which may provide its ...

Korean Air Lines Co., the country’s top carrier, is set to take measures to normalize international flights as nations worldwide are opening u...

Perhaps we will soon not be remembering our loved ones only through photos.Imagine a virtual rendition of the deceased speaking at his or her memori...

KT&G Corp., the world’s fifth-largest tobacco company, has sued its largest e-cigarette outsourcing firm EM-Tech. Co., claiming the co-dev...

South Korean conglomerate LG Corp., known as LG Group, announced on May 27 that it will buy back 500 billion won ($398.1 million) of its own share...

Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...

Korea Investment Corporation (KIC), the South Korean sovereign wealth fund, and private equity firm White Whale Group (WWG) are slated to jointly in...

South Korea’s central bank delivered a back-to-back interest rate hike for the first time in 15 years on Thursday to curb rampant consumer pri...

Samsung Electronics Co., South Korea’s largest company by market capitalization, has tried to boost its recently battered share price -- espec...

National Pension Service (NPS) of South Korea has decided to shift its objective in holding shares of Hanjin KAL Corp., the parent company of Korean...

The incoming Yoon Suk-yeol administration will lend extra support to the startup ecosystem – biotech and artificial intelligence firms in part...

South Korea’s LX Group is looking to acquire US-listed Magnachip Semiconductor Corp. to create synergy with the group’s foundry affiliat...

South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...

SEOUL—Jeong Bo-ram’s new fascination has him chasing mass-produced pastries, delivery trucks—and his childhood memories.His targets ...

Biotechnology startups in Europe, backed by South Korea's SK Inc., are speeding up their development of next-generation drug candidates by joining h...

South Korean auto shares are showing some signs of a rebound after a long downtrend since the second half of last year. Foreign investors have ret...

South Korea’s venture capitalists put record high investments into startups last year. Thanks to positive returns on investments, a number o...

Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...

South Korea’s AI education startup Riiid has made it onto Fast Company's annual list of the World’s Most Innovative Companies. Since 20...

"We believe we're in one of the biggest technology boom cycles,” said Jeff Herbst, co-founding managing partner of Palo Alto-based GFT Venture...

SEOUL — In the latest sign that life is going back to something that resembles the pre-pandemic past, BTS is returning to the stage in Seoul.The...

OCI Co., the only polysilicon maker in South Korea, is considering doubling its output of the solar cell material in Malaysia to meet rising demand,...

Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, earned an 11.3% return from investment last y...

  Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has bought a 5% stake in online game developer Nexon Co., the gaming...

South Korea's IMM Investment Corp. has agreed to invest 140 billion won ($120 million) in Iyuno-SDI Group, valuing the world's largest dubbing and s...