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The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...

South Korea’s BC Card announced on Wednesday that it will introduce the Taiwanese QR payment method TWQR in the domestic market for Taiwanese ...

Kia Corp., the No. 2 automaker in South Korea, is set to launch its first mid-sized purpose-built vehicle model (PBV) in 2025 and start a customized...

The South Korean government plans to issue non-professional employment (E-9) visas to 165,000 foreign workers this year. However, claims have arisen...

SK On Co., an affiliate of South Korea’s SK Group, will work on the development of a large-size cylindrical battery with the 4680 form factor ...

Startups that specialize in digital healthcare, robots and artificial intelligence chips are among South Korea-based venture capital firms’ to...

Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a 31 billion won ($24 million) investment from local car de...

SEOUL—Food prices have risen so much that Kim Soo-yeon has developed a suspicious new habit at the grocery store. She has taken to shaking bag...

Supernal LLC, the US-based urban air mobility (UAM) affiliate of Hyundai Motor Group, announced on Wednesday that it will participate in CES 2024 ne...

Back in the 1970s, when simply having a car was a status symbol in South Korea, a four-door passenger sedan was the car of choice. And Hyundai Motor...

The credit rating outlook on Hyosung Advanced Materials Corp. has been lowered one notch to Stable by South Korea’s two major credit rating ag...

Korea Western Power Co. (KOWEPO) said on Thursday it signed a 400 billion won ($301.8 million) financing deal for a solar power generation project i...

Korea Aerospace Industries Ltd. (KAI) announced on Friday that it has signed a deal with the US space firm SpaceX to launch South Korea's next-gener...

Air Premia Inc., a South Korean budget carrier, on Thursday reported its first-ever quarterly profit in the third quarter of this year, fueled by a ...

South Korean automaker KG Mobility Corp. said on Wednesday that the company unveiled its mid-sized sport utility vehicle (SUV) Torres in Egypt, aimi...

Samsung Electronics Co. on Wednesday unveiled the T5 EVO portable SSD, a lightweight portable Solid-State Drive (SSD) that provides up to 8 terabyte...

Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its investments in the US ...

Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...

South Korea’s Public Officials Benefit Association (POBA) will step up its private credit and bonds until next year as it expects high interes...

Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a $60 million investment from the International Finance Cor...

Hyundai Motor Co. is slated to start selling certified used cars online from Oct. 24, three years after its announcement to enter the 30 trillion wo...

South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-siz...

LG Energy Solution Ltd., one of the world’s leading battery makers, said on Wednesday its operating profit soared to a record high in the th...

Korea Aerospace Industries Ltd. (KAI), South Korea's sole military aircraft manufacturer, participated in the 74th International Astronautical Congr...

Major South Korean companies’ spending on research and development lags investments made by their global competitors due to lower government t...

The online money and points of South Korea's Naver Pay, an affiliate of the country's largest web portal Naver Corp., can now be used at offline sto...

South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...

South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...

Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...

It has been revealed that spending by foreign tourists visiting Jeju Island has significantly increased since the end of the COVID-19 pandemic.Accor...