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POSCO Co., the world’s No. 5 steelmaker, plans to build mini mills, electric arc furnaces for hot rolled steel, in South Korea as part of it...

South Korea’s Hanwha Defense Co. inked a $788 million deal to supply K9 self-propelled howitzers to Australia, marking its first sale of the s...

South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise interest rates agai...

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

Hanwha Energy Corp. of South Korea's Hanwha Group will raise about 150 billion won ($130 million) from Woori Private Equity to fund its solar energy...

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said on Monday that it aims to grow its color coated steel business to 2 trill...

South Korea is stepping up efforts to secure diesel exhaust fluid (DEF) such as diversification of supply sources as the shortage of the liquid used...

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...

South Korea’s economy expanded slower than expected in the third quarter on sluggish private consumption and capital expenditures offset healt...

POSCO, the world’s fifth-largest steelmaker by output, has reaped the rewards of a $1.1 billion investment it made in Australia’s Roy Hi...

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...

SILICON VALLEY -- In a digital world where data theft is growing rapidly, hackers who turn their lives around to help in the fight against cybercrim...

The Bank of Korea has ended its ultra-easy monetary stance by bumping up the base interest rate by 25 basis points from a record-low 0.5% on Thursda...

South Korea’s household debt was estimated to have exceeded $1.5 trillion to reach a record high last month, and tighter monetary policies at ...

South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...

South Korea’s incoming financial regulatory chief says his policy priority is on limiting economic and financial risks stemming from higher ho...

Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...

South Korea’s top steelmaker POSCO and Australia’s major iron ore supplier Roy Hill have strengthened their existing partnership to cond...

South Korea’s central bank chief sent a strong indication of tightening later this year after the Bank of Korea (BOK) left its monetary policy...

Federal Reserve Chair Jerome Powell and Bank of Korea (BOK) Governor Lee Ju-yeol will meet during a Group of 20 (G20) gathering of finance ministe...

The Bank of Korea needs to drop its accommodative monetary stance of the past two years and to begin raising interest rates from this year, the cent...

The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...

South Korea’s central bank governor on Friday flagged a tighter monetary policy for the second time in less than a month, fueling expectations...

South Korea’s central bank governor on Thursday flagged a possible policy rate hike before the end of the year as the domestic economy recover...

South Korea’s central bank will exclude companies with low ESG ratings from its portfolio of foreign currency assets. The Bank of Korea has de...

South Korea’s central bank will launch a new economic index based on analysis of online business news articles. The Bank of Korea said on Apr....

SK E&S Co. will invest $1.4 billion in a gas field development project offshore northern Australia that had been postponed due to the global pan...

The Bank of Korea has asked the country’s financial institutions to reduce exposure in economic sectors that generate high levels of carbon em...

South Korea’s retail giant Shinsegae Group and top portal operator Naver Corp. have agreed to a 250 billion won ($221 million) share swap to s...