XBB.1.5 variant

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 5.82% investment return for the first quarter ...

Hyundai Engineering & Construction Co. (Hyundai E&C) has broken ground on South Korea’s first hydrogen production plant using water el...

Global chemical company Ineos Group Ltd. and South Korea’s Hanwha Group have teamed up to assess building a low-carbon ammonia facility in the...

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...

The Bank of Korea said on Thursday it has grown more uncertain about when to cut interest rates despite expectations of easing the monetary policy g...

Samsung Display Co., South Korea’s top display producer, has developed the world's first QD-OLED, a self-emissive technology where light from ...

The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...

WASHINGTON, D.C. – South Korean biosimilar giant Celltrion Inc. is accelerating its push to transform into a novel drug developer, going after...

Japan’s Toray Industries Inc., the leading global carbon textile manufacturer, plans to spend 500 billion won ($366.3 million) to expand eco-f...

HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...

SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...

LG Energy Solution Ltd., the world’s third-largest battery maker, won an estimated $1 billion energy storage system (ESS) deal from the US uni...

South Korea’s job increases rebounded in April with growth in the manufacturing sector at a 17-month high on strong exports amid the semicondu...

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it partnered with Gilbarco Veeder-Root, the wor...

Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...

Central banks of South Korea and Malaysia renewed a bilateral local currency swap arrangement for an additional three years, the Bank of Korea (BOK)...

South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...

South Korea's Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automotive industry for the ...

South Korea's KakaoBank Corp. enjoyed a record quarterly net profit of 111.2 billion won ($81 million) for the first quarter of this year, the com...

South Korea’s No. 1 mobile carrier SK Telecom Co. is set to accelerate investments in artificial intelligence to bring more tangible outcomes ...

South Korea’s Doosan Fuel Cell Co. plans to begin mass production of a new phosphoric acid fuel cell (PAFC) model, which is expected to raise ...

SK E&S Co., a South Korean liquefied natural gas importer, has built the world’s largest hydrogen liquefaction plant in Incheon, west of S...

South Korea's small space launch vehicle startup Perigee Aerospace Inc. announced on Wednesday that it partnered with the Swedish Space Corporation ...

Samsung Electronics Co. announced on Wednesday that it achieved the number one sales position in the global OLED monitor market one year after enter...

The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...

HMM Co., South Korea’s flagship sea carrier, announced on Tuesday that it achieved the Platinum rating from EcoVadis, a global environmental, ...

Sales of high-bandwidth memory (HBM), the red-hot DRAM product essential to artificial intelligence devices, will significantly grow in the coming y...

Hankook Tire and Technology Co. on Friday reached a preliminary agreement to buy 1.37 trillion won ($1 billion) worth of shares in Hanon Systems Cor...