borrowing cost

Lotte Chemical Corp. said on Tuesday it has developed a technology to improve the durability of electric vehicle cell materials by enhancing the sta...

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), has recently introduced two...

Consumer spending in South Korea has been on the decline this year amid few signs of a near-term recovery. But when it comes to overseas spending, i...

SEJONG – South Korea’s online giant Naver Corp. opened Asia’s largest data center in the country to lead technology innovation and...

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

South Korean electric vehicle battery materials maker POSCO Future M Co. predicts that cathode material prices in the fourth quarter will drop as mu...

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...

South Korean fashion commerce platform Ably Corp. announced on Wednesday its Japanese shopping platform amood starts a one-stop service for domestic...

South Korea’s KT Cloud on Monday launched the service AI SERV, which allows the use of infrastructure for high-performance graphics processing...

Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...

Kia Corp., South Korea’s No. 2 automaker, showcased new low-cost electric vehicles on Thursday to boost the slowing growth in clean automobile...

SK Telecom Co. on Wednesday said it launched Cloud Appliance, a cloud infrastructure device based on an ARM chipset.The company applied its virtuali...

South Korea's SK Telecom Co. on Monday said it launched an optimization solution based on Amazon Web Services (AWS) that slashes cloud operating cos...

Hyundai Motor Co. is preparing to ramp up the production of its two popular SUV models Tucson and Palisade at its South Korea-based plants to meet g...

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

South Korea's SK Telecom Co. unveiled on Thursday that it has successfully developed and tested Reduced Capability (RedCap) - a pioneering 5G Intern...

South Korea’s largest hypermarket chain E-Mart Inc., a unit of domestic retail giant Shinsegae Group, on Wednesday posted disappointing second...

South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...

LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...

JYP Entertainment Corp., the music label behind K-pop bands Stray Kids, Twice and NiziU, saw its stocks drop on Monday due to its disappointing quar...

Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...

Global carmakers such as Volkswagen, Hyundai Motor Group and Stellantis N.V. are in a race to release cheaper electric vehicles with the entry price...

South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

KakaoBank Corp., a leading South Korean internet-only bank, saw its first-half net profit rise to a fresh record high, driven by decent growth in in...

Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...

South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...

South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...

Solidigm, the NAND flash-making subsidiary of South Korea's semiconductor titan SK Hynix Inc., on Monday announced the release of its solid state dr...