favorable rate condition

South Korea’s central bank said on Tuesday it regards the current interest rate as tight, suggesting the monetary authority may hold the polic...

Lexus, the premium brand of Japanese carmaker Toyota Corp., offers the best after-sales service among imported cars in South Korea, followed by Swed...

South Korea’s low-income households are feeling the pinch of rising food prices amid the COVID-19 pandemic, according to a report by a local t...

The yield on South Korea’s benchmark three-year treasury bonds has stayed below the base rate for a month, out of sync with monetary policies ...

South Korea’s sea flag carrier HMM Co. is expected to suffer an over-80% plunge in operating profit this year due to a downward spiral in cont...

Banks in South Korea last month saw deposits plummet over 45 trillion won ($35.5 billion) from the previous month due to a decline in deposit intere...

SK Hynix Inc., the world’s second-largest memory chipmaker, is gearing up for its largest-ever corporate bond issue in South Korea at lower-th...

SK Bioscience Co., a biopharmaceutical arm of South Korea's SK Group, announced it has received a BBB rating in its latest environmental, social, an...

South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...

Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a full recovery in pa...

MGRV Community & Space, a South Korean startup that operates co-living facilities under the brand "Mangrove," announced on Wednesday it has attr...

Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co.,  obtained the Canstar Blue 2023 Most Satisfie...

Retirement pensions at banks in the fourth quarter of last year emerged as a haven for money that tried to generate a stable return, shunning away f...

The Bank of Korea Governor Rhee Chang-yong on Wednesday said, "We will focus on inflation this year but also closely consider tradeoffs to preserve ...

South Korea's Hyosung Chemical has failed to receive a single purchase order in its demand forecast for corporate bond issuance.Investment banking s...

Samsung Electronics Co. on Tuesday unveiled its latest image sensor, the ISOCELL HP2, with improved pixel technology, which is widely expected to ...

South Korea’s central bank on Friday raised interest rates by a quarter point to 3.5%, while signaling a further cut in its economic growth fo...

South Korea’s secondhand car market is cooling rapidly as both dealers and buyers are reeling from elevated interest rates, which also bode il...

Ford Motor Co. is in talks with LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, to build a cell factory in...

South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as government officials start lo...

South Korea's KB Asset Management Co. is set to sell two three-star hotel buildings in Myeong-dong, one of the most popular spots for foreign touris...

South Korea's two major importers of liquefied petroleum gas (LPG), E1 Corp. and SK Gas Corp., have both cut their supply price of LPG in the first ...

Woori Financial Group said on Thursday it has earned an AA rating for the second consecutive year in the global ESG rating announced by Morgan Stanl...

SK Inc., SK Group's investment arm, won the highest AAA ratings from both Morgan Stanley Capital International (MSCI) and the Dow Jones Sustainabili...

CJ Bioscience, an independent red bio (pharmaceutical and healthcare) subsidiary of CJ CheilJedang Corp., said on Monday it has submitted a phase 1 ...

South Korean politician Yang Hyang-ja, a Samsung Electronics Co. executive-turned-lawmaker, criticized her fellow lawmakers' decision to raise the p...

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...

Hyundai Motor Co. said on Wednesday that its G80 electric vehicle model received the highest rating of Top Safety Pick Plus (TSP+) in a crash test d...